RBNZ
Latest mortgage figures from the Reserve Bank show that the 14,590 new mortgages in June 2024 was the lowest total for this month since the detailed data began in 2015
25th Jul 24, 10:47am
91
Latest mortgage figures from the Reserve Bank show that the 14,590 new mortgages in June 2024 was the lowest total for this month since the detailed data began in 2015
The RBNZ hasn't reduced interest rates with domestic inflation this high in the past 20 years and is likely to delay until November, according to UBS analysis
24th Jul 24, 3:48pm
15
The RBNZ hasn't reduced interest rates with domestic inflation this high in the past 20 years and is likely to delay until November, according to UBS analysis
'We are hitting the point where the RBNZ’s worries should switch from the risks from cutting the OCR too soon to the risks of keeping it too high for too long'
22nd Jul 24, 2:50pm
28
'We are hitting the point where the RBNZ’s worries should switch from the risks from cutting the OCR too soon to the risks of keeping it too high for too long'
Roger J Kerr says “the Donald” has delivered an unmistakable signal that, should he win the Presidency, weakening the value of the US dollar would be a priority policy
22nd Jul 24, 8:55am
4
Roger J Kerr says “the Donald” has delivered an unmistakable signal that, should he win the Presidency, weakening the value of the US dollar would be a priority policy
As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
21st Jul 24, 6:00am
156
As we await the start of cuts to the Official Cash Rate, David Hargreaves questions what damage may have been done by the recent heavy-handed and sledgehammer-like interest rate hiking cycle
Weekend EFTPOS transactions hit $200 million and Monday transaction backlogs drop, as New Zealand moves to seven-day payments
19th Jul 24, 5:00am
6
Weekend EFTPOS transactions hit $200 million and Monday transaction backlogs drop, as New Zealand moves to seven-day payments
Three quarters of annual inflation was due to cost pressures outside the control of the RBNZ’s monetary policy
18th Jul 24, 12:47pm
111
Three quarters of annual inflation was due to cost pressures outside the control of the RBNZ’s monetary policy
The drop in the annual inflation rate to 3.3% sees economists adopt a near-consensus view that the Reserve Bank will begin interest rate cuts in November. But an earlier start is seen as possible
18th Jul 24, 5:00am
30
The drop in the annual inflation rate to 3.3% sees economists adopt a near-consensus view that the Reserve Bank will begin interest rate cuts in November. But an earlier start is seen as possible
David Hargreaves says still 'sticky' domestic inflation may convince the Reserve Bank to sit tight on the Official Cash Rate at least for now
17th Jul 24, 11:22am
63
David Hargreaves says still 'sticky' domestic inflation may convince the Reserve Bank to sit tight on the Official Cash Rate at least for now
Falling transport costs and flat food prices dragged annual inflation to just above the 1% to 3% target band during the June quarter
17th Jul 24, 10:56am
177
Falling transport costs and flat food prices dragged annual inflation to just above the 1% to 3% target band during the June quarter
CEO Shane Marsh says Dosh is eyeing the home loan market as it strives to become a bank for digital natives
17th Jul 24, 5:00am
5
CEO Shane Marsh says Dosh is eyeing the home loan market as it strives to become a bank for digital natives
Activity in the service sector has dropped sharply again in June to once again be at the lowest level in 17 years apart from during lockdowns
15th Jul 24, 11:43am
77
Activity in the service sector has dropped sharply again in June to once again be at the lowest level in 17 years apart from during lockdowns
Roger J Kerr says the monetary policy path ahead is looking considerably more certain in the US than it is here
15th Jul 24, 7:39am
3
Roger J Kerr says the monetary policy path ahead is looking considerably more certain in the US than it is here
ASB chief economist Nick Tuffley says the Reserve Bank’s dovish turn would have been based on fresh forecasts which show a much weak economy than in May
14th Jul 24, 9:01am
3
ASB chief economist Nick Tuffley says the Reserve Bank’s dovish turn would have been based on fresh forecasts which show a much weak economy than in May
David Hargreaves assesses the prospects for the June quarter inflation figures due to be released this coming Wednesday and which will be pivotal for the Reserve Bank in deciding whether to cut the Official Cash Rate sooner or later
14th Jul 24, 6:00am
132
David Hargreaves assesses the prospects for the June quarter inflation figures due to be released this coming Wednesday and which will be pivotal for the Reserve Bank in deciding whether to cut the Official Cash Rate sooner or later
Policymakers should stop fighting the last war and start focusing on New Zealand’s post-inflation recovery, Dan Brunskill argues
13th Jul 24, 9:21am
46
Policymakers should stop fighting the last war and start focusing on New Zealand’s post-inflation recovery, Dan Brunskill argues
Economists say interest rates could be cut as soon as August after the Reserve Bank performs ‘dovish pivot’ at July meeting
10th Jul 24, 6:37pm
58
Economists say interest rates could be cut as soon as August after the Reserve Bank performs ‘dovish pivot’ at July meeting
The Reserve Bank of New Zealand has held the Official Cash Rate at 5.50% but noted this policy may be hurting the economy more than expected
10th Jul 24, 2:21pm
111
The Reserve Bank of New Zealand has held the Official Cash Rate at 5.50% but noted this policy may be hurting the economy more than expected
Bank of International Settlements' Basel Committee say board directors must take ultimate responsibility for outsourced technology services
10th Jul 24, 11:25am
Bank of International Settlements' Basel Committee say board directors must take ultimate responsibility for outsourced technology services
Latest Reserve Bank figures show one in six mortgages in May was taken up for the previously very unfashionable fixed rate term of six months
9th Jul 24, 3:43pm
32
Latest Reserve Bank figures show one in six mortgages in May was taken up for the previously very unfashionable fixed rate term of six months
ASB economists say they hope that households will base their future decisions 'on a more realistic outlook' for household incomes, house prices and borrowing costs
9th Jul 24, 8:25am
43
ASB economists say they hope that households will base their future decisions 'on a more realistic outlook' for household incomes, house prices and borrowing costs
Kiwibank economists say they would recommend cutting the Official Cash Rate in August
8th Jul 24, 1:45pm
23
Kiwibank economists say they would recommend cutting the Official Cash Rate in August
RBNZ to 'monitor developments' in the private credit sector, including its 'linkages with the financial system'
8th Jul 24, 10:11am
7
RBNZ to 'monitor developments' in the private credit sector, including its 'linkages with the financial system'
Roger J Kerr says historical adjustments to US jobs data are so large it makes a complete mockery of the efficacy and accuracy of the payrolls data as a reliable measure of employment trends in the US economy
8th Jul 24, 9:00am
3
Roger J Kerr says historical adjustments to US jobs data are so large it makes a complete mockery of the efficacy and accuracy of the payrolls data as a reliable measure of employment trends in the US economy
The Reserve Bank's likely to cheerfully ignore the growing clamour for some public indication of when the Official Cash Rate will be cut when it has its next review of the OCR in the coming week
7th Jul 24, 6:30am
100
The Reserve Bank's likely to cheerfully ignore the growing clamour for some public indication of when the Official Cash Rate will be cut when it has its next review of the OCR in the coming week