RBNZ response to petrol price surge: Why early OCR hikes are unlikely – Mark Lister
When that flow is threatened, prices move quickly. The impact will feed directly into local inflation, reversing some…
Fitch warning on debt puts pressure on Nicola Willis, Reserve Bank Governor pushes back on market panic – Inside Economics
That sentence needed reading twice. A rating downgrade would have been a real shock … a downgrade to…
Gisborne resident calls Grant Rd reserve planting an ‘unmitigated disaster’
The council agreed that the kikuyu growth at Grant Rd was “vigorous”. But the council spokesperson said that…
US Fed raises inflation outlook over ‘uncertain’ Iran war impact
“But it is too soon to know the scope and duration of the potential effects on the economy,”…
NZX unbothered by Aussie cash rate lift – Market close
The Reserve Bank of Australia increased its cash rate, as expected, by 25 basis points to 4.1%, saying…
Middle East conflict: How much petrol and diesel New Zealand has in reserve
For diesel, there were 49.9 days’ worth (from 54 days) in total – 27.6 days (25 days) in…
Sir John Key backs digital banking, hits out at Reserve Bank push for more cash access
He was named chairman of its advisory group in March last year. Key said the push to go…
Nicola Willis and David Seymour attack ‘alarming’ Barbara Edmonds Reserve Bank remarks
The attack referred to Edmonds’ remarks, which suggested returning the Reserve Bank to a dual mandate, which tasked…
Errant boaties force changes to Bay of Islands dolphin sanctuary rules
DoC is now proposing to alter some of the rules in the sanctuary after a review by DoC…
Banking sector hits back at Reserve Bank call to provide 1000 more branches, ATMs across NZ
“We’ve done a lot of work with communities, and that’s what they tell us.” The way the banking…
NZ sharemarket rebounds with 1.6% gain – Market close
‘No foregone conclusion’ “The bank acknowledged positive signs in the economy and the slightly higher inflation, but indicated…
Reserve Bank keeps cash rate steady as early recovery takes shape
Newly-appointed Reserve Bank Governor Anna Breman, speaking at her first monetary policy news conference, said the bank was…