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News

Monday's Top 10 with NZ Mint

OECD reckons NZ's GFC was as bad as Greece's; Drums beating for limits on non-resident purchases of NZ homes; NZ's scandalous workplace safety; Dilbert

40 years on and still flying high

Glidepath's Ken Stevens tells Andrew Patterson how his company grew to be a world leader using lean manufacturing featuring technology and innovation

NZ$ at 6-month low against US$

US$ stronger in response to US consumer sentiment hitting 6-year high; NZ$/US$ cross rate down 2.5% last week

90 seconds at 9 am: Americans confident

Bernanke upbeat; US consumers confident; China's house prices rise; Aussie home loan war; China buying local electricity systems; NZ$1 = US$0.806 TWI = 76.3

Bond yields driven lower

Investors pile into longer dated NZ bonds causing flattening bias to yield curve

Investors have love affair with US$

NZ$/US$ below 0.8100 for first time this year as tidal wave of NZ$ selling overwhelms local buyers

To the NZ media: an F

Murray Grimwood serves up his best shots at the media on the way they report 'growth' - does he convince you?

Auckland's housing Hail Mary pass

Bernard Hickey thinks the Auckland Accord's plan to build 39,000 houses in 3 years is not credible without massive changes for builders, financiers and home buyers. Your view?

Auckland's Unitary Plan will make housing less affordable

By choosing the wrong definition of 'affordability', Auckland Council's Unitary Plan ends up focused on the wrong goals says Dale Smith. You agree?

Kiwibank avoids 'peripheral offers', for now

Kiwibank says 'peripheral' gifts given by banks to entice borrowers don't work, but won't rule out joining the give-away party

NZ Govt Bond tender number 494 results

Latest bond tender of NZ$120 mln received bids for NZ$480 mln with 10 year bonds yielding an average of 3.3583%

Friday's Top 10 with NZ Mint

Canada's housing bubble beginning to leak after high LVR limits imposed; How Canadians avoid those rules; Low interest rates keep zombies alive; Peter Thiel and Bitcoin; Clarke and Dawe; Dilbert

Down, down - more rate cuts for savers

Updated
The trend of rate reductions for savers now extends to on-call and savings accounts, more banks drop TD and PIE rates

'Let's plonk houses in paddocks'

Auckland Council at odds with Government over housing plan; Deputy Mayor says Housing Accord is 'definitely in danger'

NZ$/US$ at 6-month lows

Market remains more upbeat towards US$ as investors continue to anticipate a ‘tapering’ in US monetary stimulus

Lifestyle block prices still soaring

REINZ says national median lifestyle block rose by more than NZ$10,000 in past month to new record high of NZ$518,5000

Big inflation-indexed bond issuance

Government borrowing program will be $3 bln lower over next the five years: NZDMO

90 seconds at 9 am: Downgrades coming ?

S&P concerned about smaller NZ banks and housing risks; US economy slowing, inflation vanishes; Japan growth shines; NZ$1 = US$0.818 TWI = 76.9

Net $10 bln of bonds to be issued

Budget confirms bond issuance for next 12 months; DMO's desire is for inflation-indexed bonds to reach up to 20% of outstanding bonds

S&P may cut TSB, Co-op, Heartland ratings

Updated
S&P warns it may cut credit ratings of TSB Bank, Co-op Bank, Heartland Bank and 5 credit unions by 1 or 2 notches; cites NZ's 'economic vulnerabilities' and risk of housing slump 

Feature of the Week

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