The comment stream

Reader poll

Where do you think the NZ dollar could end up against the Aussie dollar by the end of the year?

Choices

Join the Interest community to be a registered commenter so you can:
- Edit your comments
- Avoid the CAPTCHA
- Vote on comments
Register Here

Already registered? log back in here ..

Forgotten your password? No problem! Click here

All news stories

NZD pushes higher

China's rate cuts to put pressure on AUD; oil prices stir; eyes on NZ terms of trade data

All eyes on RBA rate decision

NZ swaps push higher and steeper. UST 10yr yields rise, should push up following first Fed hike mid-year. RBA decision tomorrow

90 seconds at 9 am: China cuts rates again

China cuts rates again; pressure on RBA; US Q4 GDP revised down, confidence revised up; India goes for growth; euro inflation rises; NZD hits records; NZ$1 = 75.6 USc, TWI = 79.2

The stakes are high

The home loan market is set up for an intense bout of competition. Low rates and slow-growing mortgage books putting pressure on all banks to 'grow'

Sellers raise their sights

National average asking price of houses for sale in February rises above $500,000 for the first time, while Auckland property hits new high

An inbuilt bias

Bernard Hickey cites new research showing that bank leverage for mortgage lending has increased dramatically since new Basel rules in 1989

ANZCO's ownership and management evolving, concentrating

Allan Barber looks at the recent changes at ANZCO Foods and the new path Itoham Foods is taking them

'Tax mega-rich for their Kiwi hideaways'

Gareth Morgan says we should have a Comprehensive Capital Income Tax for everyone and that would mean the global elite using NZ would pay their share. Your view?

Oil price bounce back predicted to be weak

Oil prices expected to remain relatively low over next two years - exploration in NZ slowing right down

What happened Friday

A review of things you need to know before you go home on Friday; approaching parity, lame consent levels, strong confidence levels, more water storage, rising swap rates

Solid Energy defers half-year results

Updated
Solid Energy sees  'diminishing ability to repay or refinance debt.'' TSB writes off full $53.9m exposure, 5 other banks owed $300m plus

$395,000 for a one bedroom unit

A one bedroom unit with a carport fetched $395,000 while a St Mary's Bay house went for $4.275 million - see the full results of Bayleys latest auctions

'1 Auckland mortgage equivalent to 3 in Invercargill'

SBS striving to offer greater value to its members as profit, home loan book grow strongly in December quarter

Residential building consents up 14.6%

New dwelling consents were up 14.6% in the January year but there are fears the growth in activity may have stalled

Friday's guest Top 10

David Whitburn on NIMBYs, Brian Gaynor's house price fears, Demographia & toilet paper, what's different about Auckland, Dilbert & more

Moody's affirms Kiwibank rating

Kiwibank Aa3 credit rating with stable outlook affirmed by Moody's 

Local data keeps NZD elevated

Fonterra confirming current payout and NZ Trade Balance beating expectations helps NZD rally; US CPI falls in January; oil price slumps yet again, down 4.4%

NZD gets a boost

Core US inflation higher than expected, as were US durable goods orders. Both will impress the Fed. NZ data positive too

Striking drop at NZ long end

Aussie capex weakness and chunky long-end flow drives narrowing of NZ-AU spreads markedly

90 seconds at 9 am: Another NZD run-up?

Equities hit record highs; US prices fall, durable goods orders rise; EU exempts France; wholesale rates fall; oil and gold stable; NZ$1 = 75.4 USc, TWI = 78.5

Feature of the Week

This chart is based on an "experimental series" of data collected by the Reserve Bank. It is published weekly.

Problem reading the charts