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Latest News

'It's hard to find any negatives'

Roger J Kerr on today's GDP surprise, the Fed's potential QE tapering, the OCR outlook, NZ$ outlook & why borrowers should fix their mortgages

Thursday's Top 10

Updated
Bernanke comes out 'all guns blazing'; Gareth Morgan on NZ's speculative property investment craze and the 'great Auckland sucking machine'; How to inhale alcohol; Dilbert

NZ GDP weaker than forecast in Q1

Updated
NZ GDP grew just 0.3% in Q1, weaker than the 0.5% growth economists and RBNZ had forecast; drought effects offset rebuild boost; NZ$ slides to near 1 year low

Taking the profit out of crime

RBNZ says new anti-money laundering regime will enhance New Zealand's reputation on the global stage

NZ$ slammed after Fed announcement

Fed confirmation of maintaining current bond purchase program sends NZ$ sharply lower against US$; global equities and commodities fall

90 seconds at 9 am: Bernanke speaks

Fed signals no change until unemployment below 7%; markets fall; China's credit crunch worsens; Swiss say no; NZ$1 = US$0.787, TWI = 73.7

US$ surges on US Fed announcement

Bernanke outlined that ‘tapering’ would start later this year and asset purchases could cease mid next year if central forecasts pan out

Wednesday Top 10

Updated
To Taper or not to Taper, that is the question; Why economic planners should embrace doubt and failure; Mile high skyscrapers?;'Eating baloney and burping caviar'; Shhhhh about Shibor; Dilbert

Greens drop money printing plan

Updated
Greens drop plan to print money to buy infrastructure bonds; say policy change makes Labour coalition easier; change came after feedback from exporters

Markets want clarity from Fed

Global financial markets on edge leading into Fed announcement; market wants certainty around timeline for scaling back Fed's US$85 bln per month bond purchases

Currencies charts