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Markets

RBNZ to end rate hikes sooner than forecast: Capital Economics

The Reserve Bank of New Zealand (RBNZ) will end its interest rate hikes sooner than predicted in August due to an economic downturn and declining house prices.

Markets

New Zealand house prices hit new record high

Average house prices in New Zealand have hit a new high, reaching $925,000, a 23.8% annual rise, as the Prime Minister said the government is "determined" to tackle housing affordability.

Markets

Businesses seek guarantee on firm reopening date

Businesses welcome the Auckland border reopening in the middle of next month, but are seeking assurances to ensure they will be back in business by 1 December.

Markets

RBNZ to end rate hikes sooner than forecast: Capital Economics

The Reserve Bank of New Zealand (RBNZ) will end its interest rate hikes sooner than predicted in August due to an economic downturn and declining house prices.

Markets

New Zealand house prices hit new record high

Average house prices in New Zealand have hit a new high, reaching $925,000, a 23.8% annual rise, as the Prime Minister said the government is "determined" to tackle housing affordability.

Markets

Businesses seek guarantee on firm reopening date

Businesses welcome the Auckland border reopening in the middle of next month, but are seeking assurances to ensure they will be back in business by 1 December.

Markets

SMEs fear supply chain disruptions ahead of festive season

Following months of lockdown restrictions, retailers in Auckland can now reopen, but fears remain over global supply chain issues ahead of the festive season, according to the results of a new survey.

Markets

New Zealand promises to halve greenhouse gas emissions by 2030

New Zealand has vowed to cut its net greenhouse gas emissions by 50% by 2030, boosting its previous plans to limit global warming, at the start of the COP26 talks in Glasgow.

Markets

New Zealand outlines plans to meet net zero target by 2050

New Zealand has proposed a series of plans to reduce carbon emissions to meet its target of becoming net zero by 2050.

Markets

Ongoing Auckland border closure “not an option”, say business groups

The three largest business groups in New Zealand are calling on the government to ease Auckland border regulations, following news the Prime Minister ruled the changes wouldn’t be revised.

Markets

NZ Restaurant Association unveils roadmap to recovery

New Zealand’s Restaurant Association has published the first stage of a roadmap to support the industry following the pandemic.

Markets

New Zealand PM backs ‘Covid zero’ strategy

Prime Minister of New Zealand Jacinda Ardern has defended her ‘Covid zero’ elimination initiative on concerns the Delta variant

Markets

NZ to be Australasia’s fastest growing economy in 2021/22

New Zealand is set to be the fastest growing economy in the Australasian region this year and next, thanks to its success in the containment of coronavirus as well as wider border relaxations forecast for 2022.

Markets

New Zealand dollar upbeat as rate hike forecast this month

The New Zealand dollar looked to end the week with substantial gains as investors forecast a rise in local interest rates is just around the corner.

Markets

RBNZ to end rate hikes sooner than forecast: Capital Economics

The Reserve Bank of New Zealand (RBNZ) will end its interest rate hikes sooner than predicted in August due to an economic downturn and declining house prices.

Markets

New Zealand house prices hit new record high

Average house prices in New Zealand have hit a new high, reaching $925,000, a 23.8% annual rise, as the Prime Minister said the government is "determined" to tackle housing affordability.

Markets

Businesses seek guarantee on firm reopening date

Businesses welcome the Auckland border reopening in the middle of next month, but are seeking assurances to ensure they will be back in business by 1 December.

Markets

SMEs fear supply chain disruptions ahead of festive season

Following months of lockdown restrictions, retailers in Auckland can now reopen, but fears remain over global supply chain issues ahead of the festive season, according to the results of a new survey.

Markets

New Zealand promises to halve greenhouse gas emissions by 2030

New Zealand has vowed to cut its net greenhouse gas emissions by 50% by 2030, boosting its previous plans to limit global warming, at the start of the COP26 talks in Glasgow.

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