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The following articles are sourced from The New Zealand Herald


NZ dollar gains againt Euro, dips against US
Wed, 01 Oct 2014 09:06
The New Zealand dollar rose against the euro as slowing European inflation prompted speculation of further stimulus from the European Central Bank.The kiwi advanced to 61.69 euro cents at 8am in Wellington, from 61.44 cents at 5pm...

 

Wall St slides after US consumer confidence drops
Wed, 01 Oct 2014 08:52
Wall Street slid overnight after a report showed a surprise decline in US consumer confidence, while other data showed disappointing home prices and business conditions in the Midwest.The Conference Board's index of consumer...

 

Kiwi CEOs' big money ... but it's also peanuts
Wed, 01 Oct 2014 05:00
ANZ New Zealand chief executive David Hisco's $4.1 million pay packet got a few Kiwis hot under the collar this week after the Business Herald 's executive pay survey revealed the bank chief was New Zealand's highest paid boss last...

 

NZ job market expected to strengthen - survey
Tue, 30 Sep 2014 19:08
The job market is expected to strengthen and potential employees are increasingly looking at staying in New Zealand for work instead of moving offshore, a recent survey has found.However, there would still not be enough skilled...

 

Business confidence slides to two-year low
Tue, 30 Sep 2014 14:20
Business confidence continued to slide last month, to its lowest levels since June 2012 in ANZ's Business Outlook survey.A net 13 per cent of respondents still expect the general business situation to improve over the coming year,...

 

NZ building consents at 7-year high
Tue, 30 Sep 2014 11:15
Applications to build new houses and apartments have hit a new seven-year high but the rate of growth is slowing.Statistics NZ's latest dwelling consent data showed figures at their highest level since August 2007 but still below...

 

NZ dollar catches breath after yesterday's slump
Tue, 30 Sep 2014 08:46
The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month, selling the kiwi in an attempt to push its value down and benefit...

 

Reserve Bank sells $521m to lower dollar
Tue, 30 Sep 2014 05:00
The New Zealand dollar dropped against the greenback yesterday afternoon after the Reserve Bank released data which confirmed that it had put its money where its mouth was last month, selling $521 million in a bid to push the exchange...

 

Mark Lister: Dollar weakness could accelerate if market turns
Tue, 30 Sep 2014 05:00
70c, here we come?This could be it. The time when some weakness creeps into the NZ dollar, and it actually stays down. The currency has fallen almost 10 per cent against the US dollar since early July, which the export sector and...

 

NZ dollar drops to 13-month low
Mon, 29 Sep 2014 12:00
The New Zealand dollar dropped to a 13-month low after figures confirmed the Reserve Bank intervened in foreign exchange markets last month in a bid to reinforce its downward trajectory, The drop also came on the heels of Prime...

 

Auckland landlords planning rent hikes
Mon, 29 Sep 2014 10:45
Auckland housing tenants could be in for a shock — two-thirds of landlords are intending to put their rents up.Kiri Barfoot, Barfoot & Thompson director, has just released the findings of its annual landlord survey which revealed...

 

NZ dollar declines amid Reserve Bank intervention talk
Mon, 29 Sep 2014 08:47
The New Zealand dollar fell to a fresh one-year low as the greenback advanced after a report showed US economic growth accelerated at the fastest rate since late 2011, amid speculation the Reserve Bank may have intervened to push...

 

NZ's top pay packet revealed: $4.1m
Mon, 29 Sep 2014 05:00
With a total pay package worth $4.1 million, ANZ New Zealand's David Hisco is the top-paid boss in the Business Herald 's executive pay survey.His remuneration for the 2013 financial year was a 14 per cent increase on the $3.6...

 

Liam Dann: How's the economy? You choose.
Mon, 29 Sep 2014 05:00
Five reasons we're in economic trouble Dairy The fall from record dairy commodity price highs has come harder and faster than anyone could have expected. Suddenly we're seeing farmers having to shift their mind set from a reco...

 

Bank intervention a shock
Sat, 27 Sep 2014 05:00
Reserve Bank governor Graeme Wheeler may as well have lobbed a hand grenade into the country's foreign exchange dealing rooms this week when he let loose with a strident and unexpected missive about the state of the dollar.Wheeler...

 

NZ dollar slumps to year-low after RBNZ jawboning
Fri, 26 Sep 2014 09:05
The New Zealand dollar slumped to its lowest in more than a year after Reserve Bank governor Graeme Wheeler yesterday jawboned it through a key support level of 80 US cents, by saying in an unscheduled statement that the level of...

 

US shares fall, led down by Apple
Fri, 26 Sep 2014 08:35
US stocks have fallen overnight led by Apple's 3.8 per cent drop, amid a combination of worries over heady valuations and quarter-end profit taking.At the closing bell this morning the Dow Jones Industrial Average was down...

 

Reserve Bank talking tough on exchange rate
Fri, 26 Sep 2014 05:00
The New Zealand dollar could fall significantly over the next six to nine months and the Reserve Bank would welcome that, says Governor Graeme Wheeler.In an unusual move, Wheeler <stro

 

Landlords up share of house sales
Fri, 26 Sep 2014 05:00
Westpac has changed its business model after discovering landlords are on the rise with their share of house sales up from 37 per cent a year ago to 42 per cent last month.Sales to first-home buyers are on the decline, with their...

 

NZ dollar drops below US80c for first time in year
Thu, 25 Sep 2014 18:34
The New Zealand dollar dropped below 80 US cents for the first time since September last year after Reserve Bank governor Graeme Wheeler said the currency was still unjustifiably high, a consideration he takes into account as to whether...

 

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