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All news stories

English won't commit to surplus

English warns oil royalties and withholding taxes on bank deposits down; says 'wait and see' on whether Budget is in surplus by Oct; rejects call for lower OCR target

Building consents flat in February

Updated
New residential building consents are slowly rising in Auckland but declining in most of the rest of the country

Semble mobile wallet launches

Updated
Semble mobile wallet launches with ASB, BNZ and telcos on board

Commerce Commission wins key fees case

Commerce Commission says court ruling makes it clear a lender's credit fees should only cover costs closely related to a particular loan transaction

USD strength sends Kiwi lower

Better-than-expected US data sees NZD/USD trade ½ cent lower; Eurozone sentiment rises to highest point since July 2011; global markets broadly higher

Dabbling sideways

NZ 2-year swap closed at 3.55%, markets eyeing on ANZ business confidence survey for direction, especially pricing intentions

AUD worst of the bunch

Risk appetite ticks up; resumed USD strength leaves AUD struggling; EUR weighed down by Greece (again); support for NZD/USD at 74c

Parity arrives !

Westpac will now only give you NZ$1 for each AU$1 you sell them via a telegraphic transfer in a retail transaction according to their online tools

90 seconds at 9 am: US growth sags

US savings rise; US house sales rise; China cuts deposit requirements; oil and gold prices lower; NZD edges closer to parity; NZ$1 = 75.2 US¢, TWI = 80.2

The inconvenient truth of inflation and economic growth

Inflation is not dead, it is heading for 5% says Roger J Kerr who has 'a thousand words' to support that in two short images

Be penny-wise, pound-rich

Elizabeth Kerr is sweating over the apathy toward small change

Govt promotes renewable energy

'Ifs' and 'buts' around the oil and gas industry's ability to bring mega bucks to NZ; 'NZ relatively risk-free and fiscally attractive'

What happened Monday

A review of things you need to know before you go home on Monday; Westpac and F&P Finance cut rates, employment confidence high, ditto investor confidence, ditto for bank satisfaction

'P2P platforms shouldn't expect to be exempt from the law'

Where, if anywhere, do licensed peer-to-peer lenders and loans done via them fit into consumer credit regulations?

Diversify into ASEAN or stick around in China?

Professor Ang examines the issues involved in guarding against over-reliance on trade with China

Just act naturally - and fake it

Elizabeth Davies braves the rigorous beauty parade that is the job interview

IAG: the new cash settlement expert

Cameron Preston questions IAG's insurance cash settlement drive in Canterbury 

Market forces on the NZ dollar evenly balanced

Roger J Kerr assesses how the strong greenback and its upcoming positives will impact the NZD and finds much of the USD strength already priced in, and the RBNZ looking ahead

NZ owned banks top of the pops

Updated
Consumer NZ survey shows customers of NZ owned banks most satisfied; Few people switching banks

Investor confidence high in Auckland, Queenstown

Commercial property investors remain optimistic about the market in most parts of the country except Palmerston North and Northland - Colliers survey

Feature of the Week

This is a quarterly reading of employment confidence, done by McDemott-Miller for Westpac, and published by Westpac economics.

Problem reading the charts