
Proposed $3b tax cuts 'threatens' budget
Watch: Economy Hub: Does the PM's promise of $3b in tax cuts threatens to make next week's budget "obsolete".
Watch: Economy Hub: Does the PM's promise of $3b in tax cuts threatens to make next week's budget "obsolete".
New Zealand inflation expectations rose slightly in the Reserve Bank's latest quarterly survey, after the previous survey's surprisingly weak outcome.
Dairy prices should start improving 'in the medium term'.
Reserve Bank debt-to-income caps would be disastrous for house buyers and the residential and building sector, says a real estate chief.
Shiny new $20, $50 and $100 banknotes are in circulation from today - but you might not see one for a while.
The Government should tilt the market in favour of those still waiting for the Kiwi dream.
COMMENT: The Reserve Bank was radiating signals this week that its next intervention in the housing market may well target debt-to-income ratios.
Housing debt got all the attention yesterday, but dairy debt remains near the top list of Reserve Bank of the threats to the economy.
The New Zealand dollar may decline this week on expectations the Reserve Bank could add further restrictions to the housing market, paving the way for future interest rate cuts.
COMMENT: Broadly the banks have strong balance sheets but New Zealand's private debt levels are high and rising.
The bank and the Government need new solutions to the economic damage being done by this raging house market.
The door remains open to further official cash rate cuts after the Reserve Bank held the OCR steady while predicting inflation will pick up.
WATCH: Has the Reserve Bank made a "poor call" keeping the OCR at 2.25 per cent?
So interest rates stay at a record low - does this mean mortgage rates are going to fall?
The Reserve Bank has left the OCR unchanged.
Our newly introduced five dollar note has won a world currency contest.
What is the lesser of two evils - the housing bubble or low inflation? It's a tough choice when you consider the limited ability of monetary policy to definitively solve either problem.
The letter makes reference to the performance of the Reserve Bank governor although it includes no specific comment on performance of current governor Graeme Wheeler.
The Reserve Bank could expand mortgage lending restrictions in an effort to head off the housing boom as it rolls down the country, economists say.
Inflation for the first quarter of the year was bang on Reserve Bank expectations and won't add weight for another rate cut next week, say economists.
Latest CPI stats show that plunging petrol prices have been cancelled out by rising tobacco prices, pushing inflation to 0.2pc.
Westpac economist says a resurgent property market means new lending restrictions are likely.
COMMENT: Migrants are pouring into NZ by the thousand, but these days the new arrivals aren't boosting prices the way they once did.
The Reserve Bank of Australia has unveiled the design of the country's new $5 banknote, and the reaction has been mixed.
New $20, $50 and $100 banknotes use Te Reo Maori.
Blogger Michael Reddell says he makes no claims as to authenticity of the information he received but wanted to ensure the Reserve Bank's process was robust.
Banks rarely pass on full official cash rate cuts to mortgage holders, Reserve Bank data shows.
The knife has been taken to saver's interest rates, but banks have been reluctant to drop mortgage rates.
The BNZ has now followed other major banks and is now passing part of last week's official cash rate cut to its mortgage-holders.