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News

Budget 2013- Health

Here is what the Government plans to spend on the health sector in Budget 2013

Quake claimants win in court

As quake claim desperation sets in, recent Court decisions are favouring claimants. Andrew Hooker says insurers should follow the law

Fed bond buying program not stopping yet

US Fed official dented expectations Fed will taper off its bond-buying program anytime soon; any reduction in the program is beneficial for the US$ and negative for NZ$

90 seconds at 9 am: Reality checks

Fed signals watched closely; Dow at new record; OECD eeks out growth; AU coal in trouble; AU Govt hard choices; NZ$1 = US$0.816 TWI = 76.9

S&P reduces Kiwibank's rating outlook

Updated
S&P says 1 in 3 chance it will cut in Kiwibank's A+ rating in next 3 years as NZ's economic risks rise; NZ Post says disappointed with rating move; S&P also eyeing how supportive NZ Govt is of struggling NZ Post

NZ inflation forecast above mid-point

RBNZ survey of inflation expectations shows slight easing in 2-year-ahead expectations from 2.17% to 2.06%

Appetite for the US$ dented

Offshore sentiment towards US bond yields and US dollar main drivers behind NZ$/US$ and A$/US$ movements

US not hampered by inflation

With little in the way of inflation to worry about, there's plenty of room for US Fed to keep stimulating the economy

The Weekly Livestock report

A tough year for livestock reflected in lower tax stock values

House price expectations ease

Reserve Bank household expectations survey shows a net 67.9% of people now expect house prices to rise in the next year, down from record high 74.3%

Budget 2013- Summary of tax collections

Compare this year's Budget with tax collections in the previous four years

Budget 2013- Financing, Transfers, Customs, IRD

Here is expected cost of debt, rebates delivered through the tax system, as provided in Budget 2013

Budget 2013- Summary of all spending plans

Compare this year's Budget with spending in the previous four years

Tuesday's Top 10 with NZ Mint

Updated
Where are the jobs? It's the economy stupid; Helicopter money for Europe?;  'Don't pull away the punchbowl just yet';  Dilbert

Special housing legislation flawed

The Government's proposed housing accord legislation gives it too much centralised power and could have far-reaching consequences

'Be brave & tackle home ownership tax status'

Dave Grimmond says the Government ought to tax the imputed rent benefit we get from home ownership to help us make better savings decisions

Kiwibank's capital buffers may prove 'too thin'

Kiwibank credit rating affirmed at AA but Fitch cautions on increasing competition & weaker capital position than rivals against backdrop of 'rapidly rising' house prices

US$/JPY drops from 4 ½ year highs

Japan’s Economy Minister Amari says the JPY excessive strength largely corrected

90 seconds at 9 am: Trade tension

EU tackles China mobile companies, solar panel makers, oil traders; gold and silver recover; NZ$1 = US$0.818 TWI = 77.0

US faces sovereign credit downgrade

Moody’s warns the US sovereign credit rating remains vulnerable to downgrade if projected rise in debt levels is not addressed

Feature of the Week

This chart tracks data released monthly on the official government Kiwisaver website.

Problem reading the charts