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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

90 seconds at 9 am: NZD slips sharply

US confidence high, house prices low; IMF warns on global growth; Aussie job stress; oil price lower; NZ$1 = US$0.849, TWI = 79.4

Labour highlights drop in export share of GDP

Labour questions Govt's plan to lift exports to 40% of GDP by 2025; points to drop to 29% from 33% in 2008; English says exporters doing well despite high NZ$

Big drop in Fonterra forecast

Updated
Fonterra slashes Farmgate Milk Price forecast for 2014-15 to $6 per kgMS from $7, with dividend full forecast cash payout range is $6.20-$6.25;  Westpac sees $4.3b annual drop in dairy farmers' incomes

The Sheep Deer and Cattle Report

Lamb flat, wool and beef strong and venison schedules finally move

What happened Tuesday

Updated
A review of things you need to know before you go home on Tuesday; Westpac grabs some extra margin, Transmission Gully underway, the MetroGlass yo-yo, wholesale rates rise

Labour wants 100% swimmable rivers too

Cunliffe says Labour also wants 100% of rivers to be "swimmable", but over time; Key says that's not realistic and would "cost billions"

Why Green isn’t the best colour for water

Ian Mackenzie says the Greens are disingenuous with their 'swimmable' rivers policy because urban rivers are under the most stress, whereas 'they really mean only those in the country'

Bernard's election diary - July 29

Updated
Key leaves Craig to swing in the breeze under 5%; Key backs Smith, but says legal threat "silly"; Smith drops threat; Key says swimmable rivers would cost "billions"; Your view?

90 seconds at 9 am: Russia loses Yukos case

US services and factories expand in July, housing falls in June; Russia loses a $50 bln arbitration case; UST yields 2.48%; oil price lower, gold higher; NZ$1 = US$0.855, TWI = 79.7

Key comfortable if RBNZ intervenes

Updated
PM John Key says agrees with RBNZ that NZ$ over-valued; would be comfortable if RBNZ intervened to sell it down; but restates intervention not effective in long run; NZ$ dips

Pressure building on the Federal Reserve to change their tone

Roger J Kerr says the next push upwards in US yields will be the real deal as bond investors seek better real returns

What happened Monday

A review of things you need to know before you go home on Monday; BNZ raises variable rates +25bps, selective on deposits, Dorchester looks for more of Turners, RBNZ leads,  wholesale rates sink

Intervention threat tips the scale

Roger J Kerr says because of hedging, the NZD can depreciate significantly over the next 6-12 months and the impact on inflation will be muted

Bernard's election diary - July 28

Updated
Key hangs Colin Craig out to dry; Smith denies threatening Fish and Game; Smith threatens legal action against bullying claim; Greens would ban deep sea drilling; Your view?

90 seconds at 9 am: NZD lower

US durable goods orders rise; eyes on Fed taper and NFPs, Argentina at the brink, UST 10yrs 2.47%; NZ$1 = US$0.854, TWI = 79.8