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The following articles are sourced from The New Zealand Herald


Game of Thrones and the darkness that awaits
Tue, 21 Apr 2015 14:04
It still isn't winter in Westeros, at least not on television, although there is no shortage of reminders that it is coming.The seasons in George R.R. Martin's Game of Thrones aren't regular or celestial. Summer can last a few minutes...

 

NZ dollar back over 99 cents Aussie as RBA raises rate cut prospect
Tue, 21 Apr 2015 08:48
The New Zealand dollar gained against the Aussie after Reserve Bank of Australia governor Glenn Stevens raised the prospect of an interest rate cut as early as next month to bolster a weak economy.The kiwi touched 99.27 Australian...

 

Tobacco tax edges out deflation
Tue, 21 Apr 2015 05:00
Were it not for the annual increase in the tax on tobacco the consumers price index would have recorded outright deflation for the year to March.The increase in the tobacco excise raised the CPI by a third of a percentage point,...

 

Service sector continues to expand at a 'brisk pace'
Tue, 21 Apr 2015 05:00
The New Zealand service sector, which makes up about two-thirds of the economy, expanded in March, after a drop in February, led by gains in new orders and stocks/inventories.The BNZ-BusinessNZ performance of services index increased...

 

Buyers wary of lower dairy payout and firm NZ dollar
Tue, 21 Apr 2015 05:00
The reduced dairy payout and the high Kiwi dollar are being carefully assessed by potential farm buyers, says the Real Estate Institute of New Zealand.Dairy farmers this season are faced with a farmgate milk price forecast of $4.70...

 

Inflation slumps again - CPI dips 0.3pc
Mon, 20 Apr 2015 10:50
Falling petrol and diesel prices were the major factor leading to a 0.3 per cent fall in inflation during the first three months of this year, the second quarter in a row of deflation.The annual inflation rate for the year to March...

 

NZ dollar gains after Chinese central bank adds more stimulus
Mon, 20 Apr 2015 08:22
The New Zealand dollar gained after the Chinese central bank added more liquidity to Asia's largest economy in a bid to boost growth, stoking optimism about the prospects for the nation's largest trading partner.The kiwi advanced...

 

Auckland property: Cashed-up and heading off
Mon, 20 Apr 2015 05:00
As house prices in the country's biggest city spiral out of control, Auckland homeowners are cashing in their chips and buying mansions in the regions.Thousands of property owners are now sitting on million-dollar goldmines thanks...

 

Westpac boss sees NZ as innovation lab
Mon, 20 Apr 2015 05:00
Westpac Group chief executive Brian Hartzer has embarked on a mission to transform the bank into a world-leading service company, with the Kiwi operations playing a Trojan horse role when it comes to innovations.Hartzer says the...

 

Finance officials fear rising threats to global economic recovery
Mon, 20 Apr 2015 05:00
World finance officials say they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk.After...

 

Benefit numbers confirm NZ split into 'two nations'
Fri, 17 Apr 2015 13:48
New welfare benefit figures confirm that New Zealand is splitting into "two nations", with big improvements in Auckland and Christchurch but most provincial areas lagging far behind.Benefit numbers have dropped by 6.9 per cent in...

 

Greece warned - no skipping IMF debt payment
Fri, 17 Apr 2015 09:40
International Monetary Fund Managing Director Christine Lagarde warned that she wouldn't let Greece skip a debt payment to the lender, shutting down a potential avenue to buy the Greek government some financial leeway."We never...

 

Dairy shares dip after global auction registers another price fall
Fri, 17 Apr 2015 09:13
The price of Fonterra Shareholders' Fund units fell to their lowest point since listing after the latest GlobalDairyTrade auction registered another fall in product prices.The units - which mirror the value of farmer-only Fonterra...

 

NZ dollar touches fresh high vs euro amid Greek concerns
Fri, 17 Apr 2015 08:52
The New Zealand dollar touched a fresh record high against the euro amid mounting concerns that Greece may exit the common currency as it fails to make progress in reaching agreement on its debt repayments.The kiwi touched 71.53...

 

US lawmakers make it easier for Obama to 'fast-track' Trans-Pacific Partnership
Fri, 17 Apr 2015 08:37
Senior US lawmakers have reached a deal to make it easier for President Barack Obama to negotiate a massive trade accord with 11 other Asia-Pacific nations, including Australia and New Zealand.If Congress as a whole approves granting...

 

Brian Fallow: Climate costs left for the future
Fri, 17 Apr 2015 07:30
It seems the Government plans to rely heavily on a hoard of cheap, low-quality carbon credits to meet its current climate change target.Or at least pretend to meet it.In 2013 the Government undertook - under the United Nations...

 

Labour leader Andrew Little: Reserve Bank should target Auckland property speculators
Thu, 16 Apr 2015 10:31
Labour leader Andrew Little says the Reserve Bank should target property speculators to ease the pressures on the housing market, but only in Auckland.Mr Little said residential property speculators were shutting people out of home...

 

NZ dollar rises against weaker greenback; touches fresh record vs. euro
Thu, 16 Apr 2015 08:43
The New Zealand dollar rose to a 10-day high as a weaker greenback overshadowed the negative impact of falling dairy prices and softer Chinese data.The kiwi touched a record high against the euro after European Central Bank president...

 

Wall St gains as Intel rallies after earnings
Thu, 16 Apr 2015 07:56
Wall Street gained overnight as shares of Intel rallied on better-than-expected earnings, while the latest economic reports bolstered expectations the Federal Reserve won't be in a rush to raise interest rates.In late...

 

Regulators eye curbs for residential property investors
Thu, 16 Apr 2015 07:53
Regulatory moves to curb bank lending to residential property investors are a live possibility, says Reserve Bank deputy governor Grant Spencer.It would not solve the underlying problem of excess demand especially in the Auckland...

 

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