Reserve Bank tipped to hold key rate
The NZIER shadow board believes the Reserve Bank should leave the official cash rate on hold at 2.5 per cent when it reviews it tomorrow, but with a rise as the next best option.
The NZIER shadow board believes the Reserve Bank should leave the official cash rate on hold at 2.5 per cent when it reviews it tomorrow, but with a rise as the next best option.
The city's triumphant bid to host the 2020 Games is giving this ageing nation a chance to revive its sagging spirits and stagnating economy.
Australian job advertisements are almost at their lowest point since the global financial crisis.
An 'open for business' Australia can only be good news for New Zealand, as its economic health remains vital for ours.
The near-term outlook for the global economy is sluggish, the OECD says, as a widespread slowdown in emerging economies offsets brighter prospects for advanced ones.
A Government report shows oil and gold production has slipped sharply, bucking a decade-old trend in which exports from the petroleum and minerals sector have tripled.
Is the pressure easing on the Auckland housing market? One economist thinks so, after the latest stats showed a largely flat property market.
US factories expanded last month at the fastest pace since June 2011 on a jump in orders. And a new report signals that manufacturing output could strengthen in coming months.
The outlook for New Zealand's banks is stable but a housing bubble triggered by a low interest rate lending boom remains a key credit risk, according to Moody's.
Export commodity prices rose 0.7 per cent last month in both world price and New Zealand dollar terms.