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All news stories

What happened today

A review of things you need to know before you go home on Tuesday; FEI reduces td rates, building consents underwhelm as does business confidence, bank deposits up strongly,  NZD stops falling

The Weekly Dairy Report

Tatua once again leads the pack in profits and predictions

The Sheep Deer and Cattle report

Poor pelt returns ease lamb optimism but big beef price lifts continue

Parker interim Labour leader as brawl erupts

Updated
Cunliffe accuses 'beltway babes' of plotting 'backroom deals'; Robertson says Cunliffe 'watching too much West Wing'; Parker has no confidence in Cunliffe; says his position 'untenable

Building consents fall in August

The number of new dwelling consents dropped in August led by falls in Auckland and Canterbury

FMA urges 'extreme caution'

Updated
FMA urges public to take 'extreme caution' if dealing with NZ registered building society General Equity, an entity highlighted several times by interest.co.nz

Clicks and bricks converge

Growth rates for clicks and bricks purchases from local retailers continue to converge, while purchases from international merchants continues to grow strongly

Housing unaffordability a key factor in child poverty

The NZ Initiative's Eric Crampton says improving housing affordability is a key step the Government can take to reduce child poverty

Exporting is just the beginning and definitely not the end

Professor Ang call for a more nuanced approach to our international trade, seeing exporting as only a first step. Being involved in the value chain is a crucial next level

English welcomes NZ$ fall

Finance Minister welcomes NZ$ fall as reducing headwind for exporters; says RBNZ will be happy to see it continuing to fall; sees not much inflation for consumers; likes Key's 'Goldilocks' forecast

Key and Wheeler double-team the NZD

After ex-trader Key says fair value for NZD is 65USc, RBNZ confirms big intervention; oil steady, gold higher

Lower currency will feed through to higher inflation

Roger J Kerr says fuel and freight set to rise in cost soon, other imports to follow; RBNZ taking calculated risk price hikes can be contained within policy limits

NZD finds footing after plunge

NZD has fallen 11% since June and observers see another 5% decline by the end of 2014

Bond markets ignore currency plunge

A lower currency may mean higher prices and a higher OCR track. Interest rate markets yet to adjust to new realities

90 seconds at 9 am: NZD has 11% fall

US consumer spending rises, house sales fall; post-Gross Pimco bleeds funds; Hong Kong on edge; UST 10yr 2.49%, NZD stabilises overnight; NZ$1 = US$0.777, TWI = 75.8

RBNZ taking hard line on AML

RBNZ cracking the whip on AML compliance; Banks pull back from remittance

Houshold confidence slumped in third quarter

Household economic confidence slumped sharply in September quarter, led by Auckland, Northland and Hawkes Bay

What happened Monday

NZ$ drops sharply, Auckland rents picked to rise, banks offer some relief for owners of leaky units, trouble in Hong Kong

RBNZ sold a net NZ$521 mln in August

Updated
Reserve Bank sold a net NZ$521 mln during August in biggest monthly currency sale since July 2007; Is there more to come?

Key gives green light for RBNZ intervention

Updated
Key says 'Goldilocks' level for NZ$ around 65 USc; agrees with RBNZ that NZ$ over-valued; agrees intervention "would be logical"; doesn't know if RBNZ has intervened

Feature of the Week

Problem reading the charts