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The following articles are sourced from The New Zealand Herald


ANZ cuts one-year fixed mortgage rate
Fri, 24 May 2013 12:15
ANZ Bank has today dropped in its one-year fixed mortgage rate by 24 basis points for borrowers with a minimum of 20 per cent equity. The new rate, down from 5.19 per cent to 4.95 per cent, comes into effect from tomorrow as part...

 

NZ trade surplus falls short of expectations
Fri, 24 May 2013 10:54
New Zealand's trade surplus in April was smaller than expected as a rise in petroleum imports more than offset increasing meat exports after farmer culled their livestock during this year's drought.New Zealand's export receipts...

 

NZ dollar bounces back from 8-month low
Fri, 24 May 2013 08:28
The New Zealand dollar rebounded from an eight-month low, after failing to break below 80 US cents, as some traders deemed the initial response to Federal Reserve chairman Ben Bernanke's comments on a possible end to quantitative...

 

Kiwi tumbles as US$ climbs
Fri, 24 May 2013 05:30
Fears that the New Zealand dollar would continue its upward spiral were put to rest yesterday when comments from the US Federal Reserve chairman Ben Bernanke revived optimism about the US economy, sending the greenback higher and...

 

Ford's retreat deals blow to Labor's ailing election hopes
Fri, 24 May 2013 05:30
Unemployment rate of 5.5 per cent set to rise with more job losses in manufacturing sector Ford's decision to shut down its production lines in Australia at the cost of thousands of jobs across the automotive industry has dealt another...

 

Chinese meat blockade lifted
Thu, 23 May 2013 15:52
China's freeze on New Zealand meat imports is over says Primary Industries Minister Nathan Guy."A resolution has been agreed which should see authorities clearing New Zealand meat exports to China from next week" Mr Guy said in...

 

Inside Money: Wheelchairs on planes - it could be worse (or more expensive)
Thu, 23 May 2013 09:30
The case of the airplane wheelchair refusnik has sparked many questions in the national press.Herald columnist Deborah Hill-Cone, for instance, in her <a href='http://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=10884683'...

 

NZ dollar drops to 80.64 US cents
Thu, 23 May 2013 09:02
The New Zealand dollar fell after US Federal Reserve Chairman Ben Bernanke said the central bank may taper monthly bond purchases at its next few meetings if it's confident of sustained gains in the economy.The kiwi dropped to 80.64...

 

Heating homes properly out of reach for many - survey
Thu, 23 May 2013 05:30
One in three New Zealanders can't afford to heat their homes properly in winter, an especially acute issue for younger people, a survey shows.A University of Otago public health professor said the findings were concerning because...

 

$17m for living wage
Thu, 23 May 2013 05:30
Adopting a living wage for all Auckland Council employees could cost ratepayers more than $17 million, a report says.The council report on the living wage movement, considered at a meeting in March, said adopting the policy could...

 

Infographic: Home affordability vs income
Thu, 23 May 2013 05:30
Up to seven annual Auckland incomes would now be needed to buy a property in the city for its median house price.Property prices for the region have rocketed by 118 per cent in the past 14 years to $504,142 last year, but wages...

 

Hamilton leads the way with 'living wage'
Wed, 22 May 2013 11:05
Hamilton has become the first city council in New Zealand to approve paying all staff a 'living wage', and Auckland and Wellington are considering following suit, a campaigner says.Campaigners say the living wage, calculated at...

 

S&P downgrades Kiwibank, NZ Post outlook
Wed, 22 May 2013 09:44
Kiwibank and its parent company New Zealand Post has had its outlook downgraded from stable to negative by international ratings agency Standard & Poor's.Standard & Poor's credit analyst Adrian Chow said the negative outlook reflected...

 

NZ dollar falls further against greenback
Wed, 22 May 2013 08:55
The New Zealand dollar weakened against its US counterpart amid speculation growth in the world's largest economy may spur the Federal Reserve to reduce stimulus, known as quantitative easing.The kiwi fell to 81.56 US cents from...

 

Migration gain as fewer head for Oz and more come back
Wed, 22 May 2013 05:30
The turnaround in net migration flows gathered pace last month as fewer people left the country for Australia.While the actual net gain of migrants would have fitted in a single airport bus - just 28 people - when the statisticians...

 

Aust coughs and Kiwis catch a cold
Wed, 22 May 2013 05:30
A softening Australian economy has forced several ASX-listed companies to downgrade their earnings prospects over the past month, and a clutch of NZX-listed companies with exposure across the Tasman are also likely to feel the pinch,...

 

Joel Cayford: Unitary Plan must recognise importance of neighbours
Wed, 22 May 2013 05:30
Auckland Council's draft Unitary Plan is under attack as people engage with its implications for their backyards and neighbourhoods. The question confronting city planners and councillors should be how to fix the plan, rather than...

 

NZ exodus across the Tasman slows
Tue, 21 May 2013 11:37
The number of New Zealanders quitting this country for a better life across the Tasman slowed to its smallest monthly pace in almost three years, as the local economic prospects start overshadowing Australia's.Seasonally adjusted,...

 

Inside Money: NZ most-improved, despite disclosure worries
Tue, 21 May 2013 09:30
Mr Michael Smith, who describes himself as "The Fund Manager of Fidelity Investment International", personally tapped me today as a potential co-investor.According to the London-based Smith, Fidelity, the "World...

 

NZ dollar rises vs US ahead of Bernanke speech
Tue, 21 May 2013 09:25
The New Zealand dollar rose as the greenback weakened on trader bets that Federal Reserve Chairman Ben Bernanke on Wednesday may say he is still cautious about the pace of recovery in the world's largest economy.The kiwi rose to...

 

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