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Reader poll

Before the end of 2014.
37% (54 votes)
Not until some time next year.
36% (52 votes)
It won't, this tightening cycle is done and dusted.
27% (40 votes)
Total voters: 146

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Rural

What happened today

A review of things you need to know before you go home on Friday; flurry of TD rate changes, Auckland and Christchurch look to Wellington for their projects, markets await US NFP result

Craig, Peters slam Lochinver sale to Pengxin

Updated
NZ First, Conservative slam sale of Lochinver to Shanghai Pengxin; Key denies NSA/GCSB bugged Southern Cross cable; Banks convicted, but avoids jail

90 seconds at 9 am: July wimper

Markets sink on credit worries; US wages rise; EU inflation falls; oil and gold prices fall sharply; US dollar rises; NZ$1 = US$0.850, TWI = 79.7

What happened Thursday

A review of things you need to know before you go home on Thursday; crowd funding licensed, the rise and rise of fixed mortgages, National support slips, swap rates rise

National lead slumps in Roy Morgan poll

Updated
Roy Morgan poll shows National support down to 46%; National says Labour's 14% increase in minimum wage would cost at least 6,000 jobs; Labour targets National on wider wage gap since 2008

90 seconds at 9 am: US economy surges

US Q2 growth surprise; job growth strong; Fed maintains course; tough London rules for bankers; corruption exposed; yields jump; NZ$1 = US$0.849, TWI = 79.6

What happened Wednesday

A review of things you need to know before you go home on Wednesday; non-housing consent record, SFO-FMA co-operation, busy roads, NZD breather, bank bills at 3.7%

Building consents up 3.5% in June

Updated
Building consents rebound 3.5% in June, but mostly in Canterbury; Auckland consents up 2%, but still not enough to catch up with population; Twyford says Govt plan failing

Joyce nationalises Novopay

Updated
Govt to take over Novopay from Talent2; Labour to lift minimum wage to NZ$16.25/hr; Jamie Whyte compares Maori to French aristocrats; Winston rules out working with Mana and Maori

The Weekly Dairy Report

Fonterra announce sharp downward adjustment to this years payout

These charts report the growth in credit used by the rural sector in New Zealand. The data is provided by the RBNZ about one month after the end of each period.