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The following articles are sourced from The New Zealand Herald


NZ dollar drops near six week low against Aussie after RBA's Stevens stays mum on currency
Wed, 23 Jul 2014 08:48
The New Zealand dollar touched its lowest in almost six weeks against the Australian dollar after Australian Reserve Bank governor Glenn Stevens refrained from commenting on its high currency in an annual speech he has previously...

 

Wall St hits new record overnight
Wed, 23 Jul 2014 07:31
Wall Street rose overnight, pushing the S&P 500 Index to a record high, as investors opted to focus on better-than-expected earnings from companies including Comcast and Chipotle Mexican Grill as well as solid inflation...

 

Shadow board backs OCR rise - just
Wed, 23 Jul 2014 05:00
NZIER's monetary policy shadow board thinks the Reserve Bank should raise the official cash rate to 3.5 per cent tomorrow, but it is a line ball call.The board consists of nine economists and business leaders whom the New Zealand...

 

NZ dollar slips before US CPI
Tue, 22 Jul 2014 17:31
The New Zealand dollar fell before the release of US consumer prices for June, amid speculation inflation in the world's biggest economy may have accelerated enough to bring forward the timing of interest rate hikes.The kiwi traded...

 

Abbott surplus at risk in Aust budget impasse
Tue, 22 Jul 2014 16:30
Prime Minister Tony Abbott's bid to put Australia back on a path to surplus is under threat from senators opposing A$40 billion ($37.6 billion) in savings.The Liberal-National government, which had wagered on a more compliant upper...

 

Labour earmarks $200m for regional investment
Tue, 22 Jul 2014 11:35
Labour Leader David Cunliffe says a Government he led would invest up to $200 million over four years in development projects aimed at resuscitating flagging regional economies.Speaking at Local Government NZ's conference in Nelson...

 

NZ dollar slips ahead of OCR decision
Tue, 22 Jul 2014 08:43
The New Zealand dollar slipped as investors weigh the negative signs of a slowing economy against the lure of rising interest rates.The kiwi edged lower to 86.89 US cents at 8am in Wellington, from 87.12 cents at 5pm yesterday....

 

Equities fall as eyes on Ukraine, Gaza conflicts
Tue, 22 Jul 2014 07:42
Equities fell on both sides of the Atlantic as concern about the potential impact of intensifying tensions in Ukraine and Gaza overshadowed US second-quarter earnings.In late afternoon trading in New York, the Dow Jones Industrial...

 

Kiwis quitting Australia fuel immigration surge
Tue, 22 Jul 2014 05:00
The immigration surge continued to gather pace last month, with the net inflow of 4270 people the second-largest monthly gain on record.The rising trend has been driven by fewer New Zealanders leaving for Australia and more returning....

 

NZ dollar gains as Griffin's deal announced
Mon, 21 Jul 2014 18:47
The New Zealand dollar rose as the $700 million sale of Griffin's Foods to a Philippines-based company stoked expectations of demand for the kiwi and as traders pondered the likely language the Reserve Bank will use if it hikes interest...

 

Migration soars, hits 10-year high
Mon, 21 Jul 2014 11:07
New Zealand's annual migration extended its decade highs in June, as a record number of arrivals pushed the net inflow above the 2014 peak estimated by the Treasury and the Reserve Bank.The country gained a net 38,300 migrants in...

 

NZ dollar steady as OCR decision looms
Mon, 21 Jul 2014 09:02
The New Zealand dollar is in for a quiet start to the week as traders look ahead to the looming Reserve Bank decision on interest rates on Thursday where a hike is expected.The kiwi traded at 86.85 US cents at 8am in Wellington,...

 

Awards for firms closing the gender pay gap
Mon, 21 Jul 2014 05:00
Kiwi workplaces are becoming more aware of the need for equal pay for men and women as YWCA-organised awards this week aim to celebrate organisations striving to close the gap.The 2013 New Zealand Income Survey report suggested...

 

Experts tip lift in OCR
Mon, 21 Jul 2014 05:00
With a fourth successive increase in the official cash rate on Thursday widely expected, the focus will be on what the brief accompanying statement indicates on the Reserve Bank's thinking about the duration and conditionality around...

 

Bernard Hickey: Spectre of 'Zombie towns' a worry for us all
Sun, 20 Jul 2014 05:00
We've all heard about what "peak oil" might mean for the environment and economy. We can understand that resources such as fossil fuels, rare earths or clean water could "run out" and restrict our ability to grow and consume.But...

 

Brian Gaynor: Rock-star economy needs plan if it's to last
Sat, 19 Jul 2014 05:00
Our addiction to debt could bring New Zealand's so-called rock star economy to a sudden halt.Thursday is an important date in this regard as Reserve Bank Governor Graeme Wheeler will announce his next interest rate decision. Inflation...

 

Reserve Bank caught in signalling dilemma
Fri, 18 Jul 2014 12:14
The Reserve Bank will probably raise the official cash rate again on July 24 while trying not to polish the appeal of a New Zealand dollar that stands out in a world where most central banks have record low interest rates.Governor...

 

Stock takes: Questionable Criticism
Fri, 18 Jul 2014 09:30
The criticism New Zealand First leader Winston Peters has levelled at Dame Jenny Shipley for her role with China Construction Bank's local operation is hard to take seriously.The Shanghai and Hong Kong-listed lender was granted...

 

Dita De Boni: Stick to the script: Say nothing
Fri, 18 Jul 2014 09:30
On TVNZ's Q&A show on Sunday, Justice Minister Judith Collins said Prime Minister John Key and Foreign Minister Murray McCully were alternately "ropeable", "extremely concerned" and "very angry" about the Malaysian diplomat affair.The...

 

NZ dollar sinks further as air crash, Gaza offensive sap risk appetite
Fri, 18 Jul 2014 09:02
The New Zealand dollar extended its slide as the crash of a Malaysian passenger jet in rebel-held Ukraine and a ground offensive in Gaza sapped risk appetite worldwide, although the kiwi's decline was limited by uncertainty about...

 

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