
Bank chief hints at tightening
Reserve Bank governor Graeme Wheeler served notice yesterday that how far he raises interest rates will depend on the housing market and how far pressures there spill over into general inflation.
Reserve Bank governor Graeme Wheeler served notice yesterday that how far he raises interest rates will depend on the housing market and how far pressures there spill over into general inflation.
Diplomats and ministers are grappling with thorny issues as they work to secure New Zealand a seat on the UN Security Council for 2015-16.
The Reserve Bank governor has kept the official cash rate at 2.5 per cent, though he'll mull a hike if the momentum in housing spurs broader inflation.
The FMA files civil proceedings against Diligent founder Brian Peter Henry for alleged involvement in the manipulation of company shares.
The FMA has issued a public warning against doing business with a foreign currency exchange company.
Most major KiwiSaver providers say they are ready to start accepting transtasman super transfers but their Aussie counterparts aren't playing ball.
The tax "system" is certainly geared towards investment property. As an example I know of a professional couple in their 40s who own five investment properties.
Shares in Wynyard Group have fallen below their issue price following the firm's NZX debut this morning.
Consumers remain upbeat in the latest ANZ-Roy Morgan survey, though more about the future than the here-and-now.
Heartland New Zealand wants changes made to rules on low-ball share offers.
Changes to regulations about financial statements will be welcome news for shareholders but somewhat double-edged for registered charities.
The sharp drop in the value of the New Zealand dollar and a swift end to last summer's drought has significantly improved the outlook for farmers, says Rabobank.
China's so-called "economic miracle" has hit some speed wobbles, but a top NZ economist says this country should be insulated from any direct impact.