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All news stories

Banks reduce spending on advertising

ANZ again leads way in bank ad spend with TSB up to second and a big drop from ASB

What happened today

Updated
A review of things you need to know before you go home on Wednesday; social housing focus, Aussie inflation embeds, BNZ takes a different path, eyes on the Fed and RBNZ, NZ swap rates rise

The problem with lifestyle blocks

Is the 10 acre block 'the worst environmental crime being committed in NZ?' Hamish Hutton explains the issue and offers a solution

Govt to sell up to 2,000 houses

Updated
Key details wider social housing reforms, including selling up to 2,000 state houses in coming year; more social housing subsidies to cost extra NZ$40 mln a year; Housing groups lukewarm

How many govt departments does it take to build a counter?

Three government departments and a district council needed to decide how high a reception counter should be

KiwiAssure still on cards for Labour

Andrew Little to re-consider establishing State-owned insurer; Says his feelings towards KiwiAssure aren’t the same as those towards Labour's capital gains tax

Bernard's Top 10

Greece set to run out of cash within weeks; China's brilliant GDP base; Why aren't NZ insurance premia falling with global reinsurance rates? ; John Oliver is a shade of grey; Dilbert

The Weekly Dairy Report

As yet, predicted payout little influence in dairy farm sale decisions

Defining your big dream

Elizabeth Davies says she has stopped questioning what she's capable of, is ignoring the doubtful voice in the back of her head, and is dreaming big

Oyster syndicate offers 8.25% return

Oyster syndicating the $27 million ANZ Business Centre at Albany to give investors 8.25% cash return

Little focuses on small business jobs

New Labour Leader Andrew Little focuses on vision for jobs and small businesses in State of the Nation address, rather than detail; says inequality stunts growth

Heartland lifts annual profit forecast

Updated
Heartland Bank sees half-year profit rising by as much as 44% to $24 mln, and annual profit of up to $48 mln driven by asset growth

USD gives back some gains

USD weaker on back of disappointing data; global equity markets lower while commodities firmer

Weak US data hits USD

EUR key benefactor from remarkably weak US durable goods orders; USD underperforming other G10 currencies; markets waiting for FOMC and RBNZ announcements

Central bank watch

Disappointing US data sees benchmark rates fall; eyes now on the Fed who are expected to maintain tightening stance; and the RBNZ

90 seconds at 9 am: On the move

Mixed US data, durable goods orders fall; new house sales rise, consumer confidence surges; iron ore price sinks; tourism grows fast; bond yields fall; NZ$1 = 74.5 USc, TWI = 77.5

Calls for OCR to remain at 3.5%

NZIER shadow board says now not the time to unwind last year’s interest rate hikes

Australasian duo trade to fresh cycle lows

ECB QE announcement significant in its size and should see Euro under pressure;  No surprise from Greek election; NZD & AUD trade lower on softer iron ore and a more neutral RBNZ view

What happened Tuesday

Updated
A review of things you need to know before you go home on Tuesday; more home loan rate drops, more credit card balance transfer extensions, swaps rise, NZD falls, farms drier

NZ banks' growth opportunities

Insurance, KiwiSaver, general wealth management offer opportunities for NZ banks to grow, EY says

Feature of the Week

This quarterly series tracks the prices New Zealand exporters and importers get or pay in international trade transactions.

Problem reading the charts