NEWS  |  

Economy

RBNZ holds rates steady, warns of further tightening

The Reserve Bank of New Zealand (RBNZ) held the official cash rate steady on Wednesday but said inflation was still too high and additional policy tightening may be required.

Politics

New Zealand unveils three-party coalition government

The New Zealand National Party secured an agreement on a three-party coalition government on Friday.

Markets

NZ Dollar top performing major currency following inflation survey

New Zealand's Dollar was the top performer out of major currencies as a survey showed inflation in the country wasn't forecast to revert to the 2.0% target any time soon.

Economy

RBNZ holds rates steady, warns of further tightening

The Reserve Bank of New Zealand (RBNZ) held the official cash rate steady on Wednesday but said inflation was still too high and additional policy tightening may be required.

Politics

New Zealand unveils three-party coalition government

The New Zealand National Party secured an agreement on a three-party coalition government on Friday.

Markets

NZ Dollar top performing major currency following inflation survey

New Zealand's Dollar was the top performer out of major currencies as a survey showed inflation in the country wasn't forecast to revert to the 2.0% target any time soon.

Economy

New Zealand’s consumer credit demand continues to rise

Consumer credit demand continues to increase in New Zealand despite high-interest rates and weak economic conditions, according to new findings.

Economy

New Zealand’s food-price inflation dips to 14-month low

Food-price inflation in New Zealand slowed down to a 14-month low in September, fuelling signals the cost-of-living crisis may be easing.

Markets

New Zealand house prices rising more than forecast: ANZ

House prices in New Zealand are forecast to rise over 4% over the second half of 2023 and continue rising at the current rate until autumn 2024.

Economy

NZ govt. forecasts larger budget deficit for year ahead

New Zealand’s government forecasts a larger budget deficit but better-than-predicted economic conditions in the coming year as is updates forecasts ahead of next month’s election.

Markets

New Zealand house prices to increase again in 2024

House prices in New Zealand are set to rise again in 2024 due to the consistent supply shortage, and rate cut forecasts.

Economy

RBNZ holds a cash rate of 5.5%

The Reserve Bank of New Zealand (RBNZ) maintained its cash rate steady at 5.5% on Wednesday. 

Markets

New Zealand's average house prices continue to decline

Average house prices in New Zealand are continuing to fall but at a slower pace than in previous months.

Economy

New Zealand's cost of living rises by 7.2%

The cost of living for the average household in New Zealand rose by 7.2% in the 12 months to June this year, according to new figures published on Wednesday by Stats NZ.

Economy

RBNZ holds rates steady, warns of further tightening

The Reserve Bank of New Zealand (RBNZ) held the official cash rate steady on Wednesday but said inflation was still too high and additional policy tightening may be required.

Politics

New Zealand unveils three-party coalition government

The New Zealand National Party secured an agreement on a three-party coalition government on Friday.

Markets

NZ Dollar top performing major currency following inflation survey

New Zealand's Dollar was the top performer out of major currencies as a survey showed inflation in the country wasn't forecast to revert to the 2.0% target any time soon.

Economy

New Zealand’s consumer credit demand continues to rise

Consumer credit demand continues to increase in New Zealand despite high-interest rates and weak economic conditions, according to new findings.

Economy

New Zealand’s food-price inflation dips to 14-month low

Food-price inflation in New Zealand slowed down to a 14-month low in September, fuelling signals the cost-of-living crisis may be easing.

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