6th Dec 19, 11:01am
Governor Adrian Orr tells interest.co.nz the RBNZ's capital increases should make the banking sector more competitive
Governor Adrian Orr tells interest.co.nz the RBNZ's capital increases should make the banking sector more competitive
6th Dec 19, 10:00am
Siah Hwee Ang on the inevitable slowdown of China's growing economy, what's planned for the 70th birthday, ASEAN economies to take off, multilateral agreements to be tested again and could bilateral agreements provide better solutions?
Siah Hwee Ang on the inevitable slowdown of China's growing economy, what's planned for the 70th birthday, ASEAN economies to take off, multilateral agreements to be tested again and could bilateral agreements provide better solutions?
6th Dec 19, 9:42am
The news out of Fonterra keeps getting better but so far it is all based upon projections. Let's hope the reality is close, says Guy Trafford
The news out of Fonterra keeps getting better but so far it is all based upon projections. Let's hope the reality is close, says Guy Trafford
6th Dec 19, 8:15am
NZD and NZD/AUD make fresh four-month highs as market pares back OCR cut expectations. Little move in markets as investors await payrolls tonight
NZD and NZD/AUD make fresh four-month highs as market pares back OCR cut expectations. Little move in markets as investors await payrolls tonight
6th Dec 19, 7:55am
ANZ Banking Group CEO says parent of New Zealand's biggest bank confident of meeting higher capital requirements without the need to raise additional capital
ANZ Banking Group CEO says parent of New Zealand's biggest bank confident of meeting higher capital requirements without the need to raise additional capital
6th Dec 19, 7:19am
Air travel grows; US durable goods orders lower; China insists on tariff rollbacks; Aussie retail flat; OECD says NZ taxes rising faster; UST 10yr yield at 1.79%; oil unchanged and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.6
Air travel grows; US durable goods orders lower; China insists on tariff rollbacks; Aussie retail flat; OECD says NZ taxes rising faster; UST 10yr yield at 1.79%; oil unchanged and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.6
6th Dec 19, 6:51am
Finance Minister Grant Robertson says banks have enough time and money to implement new capital rules without making dairy farmers pay the price
Finance Minister Grant Robertson says banks have enough time and money to implement new capital rules without making dairy farmers pay the price
5th Dec 19, 4:47pm
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
5th Dec 19, 3:59pm
A review of things you need to know before you go home on Thursday; no rate changes, a capital concession, Fonterra raises payout, completed construction variable, swap rates up, NZD firm, & more
A review of things you need to know before you go home on Thursday; no rate changes, a capital concession, Fonterra raises payout, completed construction variable, swap rates up, NZD firm, & more
5th Dec 19, 3:23pm
Federated Farmers is urging the banks to absorb as much as possible of the additional costs of the new bank capital requirements 'rather than dump it all on customers, and especially on under-pressure farmers'
Federated Farmers is urging the banks to absorb as much as possible of the additional costs of the new bank capital requirements 'rather than dump it all on customers, and especially on under-pressure farmers'
5th Dec 19, 2:43pm
ANZ economists say a 'realistic guess' is that the Government will lift its net debt to about 23% of GDP, from the current 20%, by the year 2022
ANZ economists say a 'realistic guess' is that the Government will lift its net debt to about 23% of GDP, from the current 20%, by the year 2022
5th Dec 19, 1:22pm
ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
5th Dec 19, 12:46pm
Live-streamed video from the December 2019 RBNZ Capital Decisions press conference with Governor Adrian Orr
Live-streamed video from the December 2019 RBNZ Capital Decisions press conference with Governor Adrian Orr
5th Dec 19, 12:02pm
RBNZ expects having a more resilient banking sector will increase GDP by 43 basis points on average in the long-term, even though it'll increase borrowing costs by 20.5 basis points
RBNZ expects having a more resilient banking sector will increase GDP by 43 basis points on average in the long-term, even though it'll increase borrowing costs by 20.5 basis points
[Updated]
5th Dec 19, 12:00pm
Final decisions in RBNZ capital review still require $20b increase for banks but composition of capital is softened and banks get 7 years instead of 5 to adapt
[Updated]
Final decisions in RBNZ capital review still require $20b increase for banks but composition of capital is softened and banks get 7 years instead of 5 to adapt
5th Dec 19, 11:28am
The value of new residential and non-residential building activity is continuing to rise strongly
The value of new residential and non-residential building activity is continuing to rise strongly
5th Dec 19, 9:48am
Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
5th Dec 19, 8:42am
Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
Final report on retail fuel market recommends 'terminal gate pricing regime' similar to in Australia, requiring all importers to offer a 'spot' price; Govt aims to 'break stranglehold' of big fuel companies
5th Dec 19, 7:49am
Mood-music on trade deal positive after Bloomberg report. US equities recover and bond rates higher. The NZD touches fresh multi-month high but GBP and CAD lead the way
Mood-music on trade deal positive after Bloomberg report. US equities recover and bond rates higher. The NZD touches fresh multi-month high but GBP and CAD lead the way
5th Dec 19, 7:21am
Air cargo shrinks; US payroll growth low; Canada holds rate; more China debt defaults; US balks at BEPS deal; Aussie GDP growth uneven; UST 10yr yield at 1.78%; oil up and gold down; NZ$1 = 65.3 USc; TWI-5 = 70.5
Air cargo shrinks; US payroll growth low; Canada holds rate; more China debt defaults; US balks at BEPS deal; Aussie GDP growth uneven; UST 10yr yield at 1.78%; oil up and gold down; NZ$1 = 65.3 USc; TWI-5 = 70.5
