9th Apr 20, 10:31am
Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
Public Inquiry recommends seismic shift in risk from private insurers to EQC when it comes to insuring residential buildings against natural disasters
9th Apr 20, 10:17am
One of the country's largest retailers has provided details of how much of the $6.6 billion Government wage subsidy it has received and where it has gone
One of the country's largest retailers has provided details of how much of the $6.6 billion Government wage subsidy it has received and where it has gone
9th Apr 20, 9:11am
Peter Dunne says the way the government has approached the pandemic crisis has effectively side-lined NZ First and the Greens and left them largely irrelevant
Peter Dunne says the way the government has approached the pandemic crisis has effectively side-lined NZ First and the Greens and left them largely irrelevant
9th Apr 20, 8:02am
US equity markets rise strongly again. Oil spikes higher ahead of OPEC+ meeting tonight. Offshore bond yields head higher. RBNZ officials signal increase to QE program size, seem to push back on corporate purchases
US equity markets rise strongly again. Oil spikes higher ahead of OPEC+ meeting tonight. Offshore bond yields head higher. RBNZ officials signal increase to QE program size, seem to push back on corporate purchases
[Updated]
9th Apr 20, 8:00am
Limit on contactless payments increasing to $200 from $80 to encourage consumers not to touch payments terminals. Good for our health, but bad for EFTPOS?
[Updated]
Limit on contactless payments increasing to $200 from $80 to encourage consumers not to touch payments terminals. Good for our health, but bad for EFTPOS?
9th Apr 20, 7:21am
American consumers lead policymakers with pull-back actions; contemplating the other side of the peak; China key to NZ's economic rebound; UST 10yr yield at 0.77%; oil and gold lower; NZ$1 = 60.2 USc; TWI-5 = 66.7
American consumers lead policymakers with pull-back actions; contemplating the other side of the peak; China key to NZ's economic rebound; UST 10yr yield at 0.77%; oil and gold lower; NZ$1 = 60.2 USc; TWI-5 = 66.7
8th Apr 20, 7:04pm
RBNZ favours buying more government bonds over corporate bonds, should it expand its Large Scale Asset Purchase next month; Remains open to cutting the OCR next year
RBNZ favours buying more government bonds over corporate bonds, should it expand its Large Scale Asset Purchase next month; Remains open to cutting the OCR next year
[Updated]
8th Apr 20, 5:20pm
S&P Global Ratings affirms credit ratings of the Aussie parents of NZ's big four banks but revises outlook on them & Kiwi subsidiaries to negative from stable
[Updated]
S&P Global Ratings affirms credit ratings of the Aussie parents of NZ's big four banks but revises outlook on them & Kiwi subsidiaries to negative from stable
[Updated]
8th Apr 20, 4:41pm
Guy Trafford sees a healthy dairy trade as central to getting our economy back on its feet and the latest GDT auction suggests that element is a positive possibility
[Updated]
Guy Trafford sees a healthy dairy trade as central to getting our economy back on its feet and the latest GDT auction suggests that element is a positive possibility
8th Apr 20, 3:59pm
A review of things you need to know before you go home on Wednesday; more rate cuts, business confidence ceases to exist, deals come unstuck, swaps steepen, NZD holds soft, & more
A review of things you need to know before you go home on Wednesday; more rate cuts, business confidence ceases to exist, deals come unstuck, swaps steepen, NZD holds soft, & more
8th Apr 20, 3:26pm
Brian Fallow looks at the dire economic prognosis thanks to COVID-19, and probes the key issues and options for policy makers as they look ahead to a time when the virus is under control
Brian Fallow looks at the dire economic prognosis thanks to COVID-19, and probes the key issues and options for policy makers as they look ahead to a time when the virus is under control
8th Apr 20, 1:05pm
ANZ Business Outlook preliminary April reading shows record lows across the board
ANZ Business Outlook preliminary April reading shows record lows across the board
8th Apr 20, 10:53am
In what could be a taste of things to come, an overseas buyer is seeking to walk away from an agreed deal to buy one of the country's largest retirement village operators
In what could be a taste of things to come, an overseas buyer is seeking to walk away from an agreed deal to buy one of the country's largest retirement village operators
8th Apr 20, 10:00am
In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
8th Apr 20, 9:58am
The Co-operative Bank says it won't be paying customer-members' rebates this year following RBNZ move to halt bank dividends in response to economic fallout from the COVID-19 pandemic
The Co-operative Bank says it won't be paying customer-members' rebates this year following RBNZ move to halt bank dividends in response to economic fallout from the COVID-19 pandemic
8th Apr 20, 9:20am
Big ticket purchases like property, vehicles and home appliances are the most likely to be delayed with just 45% of consumers confident in their financial situation
Big ticket purchases like property, vehicles and home appliances are the most likely to be delayed with just 45% of consumers confident in their financial situation
8th Apr 20, 8:01am
Hope on COVID-19 outlook drives further improvement in risk sentiment. USD under pressure; AUD higher on RBA “tapering”; NZD rallies as well. Higher government rates across the board
Hope on COVID-19 outlook drives further improvement in risk sentiment. USD under pressure; AUD higher on RBA “tapering”; NZD rallies as well. Higher government rates across the board
[Updated]
8th Apr 20, 7:58am
Fitch downgrades ANZ NZ, ASB, BNZ and Westpac NZ credit ratings by one notch alongside those of their Aussie parents and gives new ratings a negative outlook
[Updated]
Fitch downgrades ANZ NZ, ASB, BNZ and Westpac NZ credit ratings by one notch alongside those of their Aussie parents and gives new ratings a negative outlook
8th Apr 20, 7:26am
Global jobs crushed; bank credit ratings fall; China reserves fall; Australia not trying to eliminate Covid-19; dairy prices rise; UST 10yr yield at 0.74%; oil and gold lower; NZ$1 = 59.9 USc; TWI-5 = 66.5
Global jobs crushed; bank credit ratings fall; China reserves fall; Australia not trying to eliminate Covid-19; dairy prices rise; UST 10yr yield at 0.74%; oil and gold lower; NZ$1 = 59.9 USc; TWI-5 = 66.5
7th Apr 20, 5:29pm
The meat industry's fast diversification impresses Guy Trafford. But he wonders where rural workers will come from in the future when we have much stricter visitor controls in place
The meat industry's fast diversification impresses Guy Trafford. But he wonders where rural workers will come from in the future when we have much stricter visitor controls in place
