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  • NZ consumer confidence eases in November -survey 23 Nov 2009 03:33 GMT
    ... WELLINGTON, Nov 23 (Reuters) - New Zealand consumers' confidence eased for the first time ... conditions, a survey showed on Monday. The ANZ-Roy Morgan consumer confidence index slipped 4.4 points ... ago from 17 percent in October. The Reserve Bank of New Zealand has dropped interest rates ...

  • House prices rise as more Kiwis stay put 23 Nov 2009 16:34 GMT
    ... Wellington Regional Chamber of Commerce says. Statistics New Zealand figures for October show a continuing ... prices, which in turn would force the Reserve Bank's hand to put up interest rates. "The population is growing faster than the ...

  • Dollar Weakens on Speculation Fed to Maintain Stimulus Measures 23 Nov 2009 19:04 GMT
    ... 2007, increasing demand for higher-yielding assets. Federal Reserve Bank of St. Louis President said yesterday ... with amounts borrowed in nations with low interest rates. Benchmark rates of zero to 0.25 percent ...

  • Australian Currency Up on Rising Commodities/Equities, Weakening USD 23 Nov 2009 08:56 GMT
    ... the first increase in six days. The New Zealand Dollar also rose against the greenback, ... the rebounding economy in Australia, the Australian Reserve Bank will have no choice but to raise key interest rates next week, for the third month in ...

  • SA likely out of recession 23 Nov 2009 12:10 GMT
    ... line with the likes of Argentina, Australia, New Zealand, the US and Turkey. However, SA ... future, I believe that the South African Reserve Bank (SARB) is unlikely to reduce interest rates any further, with the repo rate remaining ...

  • After Phil Goff's inflation squib, then what? 22 Nov 2009 21:36 GMT
    ... opposition. But Labour's wish to change the Reserve Bank's remit may signal a significant change in ... of keeping inflation within a target band. New Zealand was the first country to do ... inflation. The higher spending is, the higher interest rates must be. That poses a conundrum for ...

  • Dollar Strengthens as Equities Drop, Short-Term Treasuries Rise 22 Nov 2009 16:34 GMT
    ... The Bank of Japan left its benchmark interest rate unchanged at 0.1 percent at the end ... until we see a rise in U.S. interest rates,” , London-based global head of currency strategy ... rally this year was harming the economy. Reserve Bank Governor said this week that the ...

  • Migration gain hits five year high 22 Nov 2009 23:43 GMT
    ... people leaving. Figures published today by Statistics New Zealand (SNZ) show the net migration gain at 18,600 ... to housing debt", which would test the Reserve Bank's patience over the next 6 months. While ...

  • Currency: New Zealand Dollar Tumbles On Weak Equities 20 Nov 2009 05:20 GMT
    ... CurrencyNew Zealand Dollar Tumbles On Weak Equities (RTTNews) - ... slump, reducing demand for higher-yielding currencies. The NZ dollar plunged to a 2-week low against ... dipped 0.4%. Adding to kiwi's slide, the Reserve Bank of New Zealand report said that total ...

  • New Zealand growth picks up in Q3 - NBNZ survey 19 Nov 2009 03:56 GMT
    ... WELLINGTON, Nov 19 (Reuters) - New Zealand's economic recovery is likely to have gathered ... yet translating through into all sectors,' said NBNZ economist Steve Edwards. The survey showed a ... forecasts converging around 0.4 percent growth. The Reserve Bank of New Zealand (RBNZ), in its September ...

  • New Zealand growth likely to pick up in Q3 19 Nov 2009 06:16 GMT
    ... WELLINGTON - New Zealand's economic recovery is likely to have gathered ... yet translating through into all sectors," said NBNZ economist Steve Edwards. The survey showed a ... converging around 0.4 per cent growth. The Reserve Bank of New Zealand (RBNZ), in its September ...

  • Policy debate undermines NZ dollar 19 Nov 2009 20:54 GMT
    ... Last updated: November 19 2009 20:36 The New Zealand dollar tumbled on Thursday after a government ... the New Zealand Treasury argued that the Reserve Bank of New Zealand should keep interest rates ... said that, because the proposals from the NZ Treasury were part of a study on ...

  • New Zealand Stocks Open Stronger On Wall Street's Positive Lead 17 Nov 2009 00:32 GMT
    ... New Zealand Stocks Open Stronger On Wall Street's ... on Monday, as continued indications of low interest rates from Federal Reserve Chairman Ben Bernanke and ... the economic front this morning, the Federal Reserve Bank of New York released a report showing ...

  • New Zealand Real Estate Prices Surge Past 2007 Peak 17 Nov 2009 17:35 GMT
    ... migration have combined to propel prices for New Zealand real estate beyond the 2007 benchmark. ... are still very high compared to income, interest rates and rents and they are rising because ... Jane Turner. The banks are also concerned. Reserve Bank Governor Alan Bollard has warned of a ...

  • PRESS DIGEST-New Zealand newspapers - Nov 20 19 Nov 2009 19:36 GMT
    ... are some of the lead stories from New Zealand metropolitan newspapers on Friday. Stories may be ... the exchange rate is the real culprit. DNZ to seek up to $140m from listing: ... bank: Labour's repudiation of the framework the Reserve Bank operates under has received a frosty reaction ...


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