Inflation stories
PM Key predicts further inflation dip and suggests prolonged low interest rates, as RBNZ mulls rate cut amid house pricing pressures.
Auckland house prices fell in February, as listings rose and the number of properties sold reached its second-highest level in seven years for that mo.
The New Zealand dollar fell against its trans-Tasman counterpart after the Reserve Bank of Australia kept its key rate unchanged, while leaving open t.
The Reserve Bank of Australia held its cash rate unchanged, having cut the benchmark to a record low last month, saying further cuts may be appropriat.
Wall Street was mixed as a decline in oil prices weighed on energy shares, offsetting optimism about a strong US economy and a supportive central bank.
New Zealand food prices rose in January, as a smaller, later apple crop drove prices for the fruit to the highest in 16 years, while kiwifruit, str.
Bill English confirms 21 May for the Budget, eyeing stronger public finances amidst global fiscal uncertainties.
The Reserve Bank of Australia cut its cash rate to a record low, saying weak domestic demand and tame inflation in the face of falling crude oil pr.
New Zealand's residential property values grew at a faster annual pace in January as a shortage of houses for sale in Auckland continued to fan the.
The New Zealand dollar was little changed against its Australian counterpart ahead of the Reserve Bank of Australia's meeting today amid expectatio.
The New Zealand dollar touched a fresh four-year low on increased bets the Reserve Bank may cut interest rates after governor Graeme Wheeler said y.
The New Zealand dollar rose from a three-year low as traders look ahead to the US Federal Reserve's policy meeting and a statement from the Reserve.
New Zealand food prices rose in December, following a fall in November, led by more expensive fruit and meat, while dairy products fell.
Wall Street seesawed as the US dollar continued its climb amid bets the Federal Reserve is gearing up to lift interest rates as early as June.
Wall Street fell after a softer-than-expected private jobs report and a decline in oil prices, while stocks in Europe gained ahead of a European Centr.
The New Zealand dollar will probably be at the mercy of overseas news this week with several central bank meetings and key data releases.
The latest US jobs data will take centre stage this week as investors refocus on the state of the economy as they refine their bets on when the Federa.
New Zealand businesses have again trimmed their expectations for inflation over the next two years and don't expect the central bank will need to rais.
The New Zealand dollar rose to its highest in almost four weeks against the Australian dollar as investors favoured the higher yields on offer in N.
The New Zealand dollar rose against most major currencies after the price of whole milk powder jumped in the latest auction, sentiment for the gree.
