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A review of things you need to know before you sign off on Wednesday; ASB trims rates, dairy prices rise, insurance survey results released, Stats NZ rethinks census approach, swaps soft, NZD stable, & more
8th May 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; ASB trims rates, dairy prices rise, insurance survey results released, Stats NZ rethinks census approach, swaps soft, NZD stable, & more
Admin data - already collected by government agencies - is 'the future for census', Stats NZ says; traditional census collection models with a large-scale field workforce 'are becoming unsustainable'
8th May 24, 2:35pm
10
Admin data - already collected by government agencies - is 'the future for census', Stats NZ says; traditional census collection models with a large-scale field workforce 'are becoming unsustainable'
Jane Kelsey says the fast-track law could expose future NZ governments to expensive trade disputes
8th May 24, 1:35pm
19
Jane Kelsey says the fast-track law could expose future NZ governments to expensive trade disputes
Rising car insurance premiums leading to people shifting from comprehensive to third party cover, interest.co.nz car insurance survey suggests
8th May 24, 12:07pm
27
Rising car insurance premiums leading to people shifting from comprehensive to third party cover, interest.co.nz car insurance survey suggests
New Apple M4 chip ups AI ante, debuts in OLED iPad Pro
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
8th May 24, 11:14am
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
The Government has been told the supply of natural gas is getting worse
Cold snap causes an earthquake in wholesale electricity prices Wednesday morning
8th May 24, 8:32am
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Cold snap causes an earthquake in wholesale electricity prices Wednesday morning
US Treasury yields continue to edge lower, with the 10-year rate down to a four-week low. The USD is stronger. A slightly less hawkish than expected RBA policy update sent Australian rates and the AUD lower
8th May 24, 8:13am
US Treasury yields continue to edge lower, with the 10-year rate down to a four-week low. The USD is stronger. A slightly less hawkish than expected RBA policy update sent Australian rates and the AUD lower
[updated]
ASB adjusts its home loan rate card lower as wholesale rates ease, keeping its short fixed rates competitive, but not undercutting is main rival. ASB has trimmed TD rates too
8th May 24, 8:06am
16
ASB adjusts its home loan rate card lower as wholesale rates ease, keeping its short fixed rates competitive, but not undercutting is main rival. ASB has trimmed TD rates too
The full force of monetary policy has yet to be felt in the New Zealand economy and will arrive alongside a pull-back in public spending later this year
8th May 24, 7:50am
62
The full force of monetary policy has yet to be felt in the New Zealand economy and will arrive alongside a pull-back in public spending later this year
Dairy prices rise; US data positive; Canadian data sharply upbeat; Japan outperforms; EU retail rises; Aussie retail shrinks, RBA holds; UST 10yr 4.49%; gold slips and oil stays low; NZ$1 = 60.1 USc; TWI-5 = 69.4
8th May 24, 7:20am
20
Dairy prices rise; US data positive; Canadian data sharply upbeat; Japan outperforms; EU retail rises; Aussie retail shrinks, RBA holds; UST 10yr 4.49%; gold slips and oil stays low; NZ$1 = 60.1 USc; TWI-5 = 69.4
[updated]
A review of things you need to know before you sign off on Tuesday; tax take softens, ANZ cautious, mortgage borrowers go short, KiwiSavers who take risk doing best, Wayve makes the big-time, swaps stable, NZD unchanged, & more
7th May 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; tax take softens, ANZ cautious, mortgage borrowers go short, KiwiSavers who take risk doing best, Wayve makes the big-time, swaps stable, NZD unchanged, & more
Latest Reserve Bank figures show over half the mortgage money taken up in March was for either a one-year or shorter fixed rate term
7th May 24, 3:57pm
19
Latest Reserve Bank figures show over half the mortgage money taken up in March was for either a one-year or shorter fixed rate term
Fewer new homes are being built but the cost of building them keeps rising
KiwiSaver funds under management reach $108.6 billion in March as top players narrow the gap, according to new Morningstar report
7th May 24, 2:40pm
1
KiwiSaver funds under management reach $108.6 billion in March as top players narrow the gap, according to new Morningstar report
[updated]
One NZ's regulatory clearance to buy Dense Air a win for the telco
Government revenue is tracking $1.6 billion below forecast as Budget 2024 approaches
7th May 24, 11:08am
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Government revenue is tracking $1.6 billion below forecast as Budget 2024 approaches
Brian Easton wonders whether the economy is in another long stagnation - and if so, why?
7th May 24, 10:35am
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Brian Easton wonders whether the economy is in another long stagnation - and if so, why?
[updated]
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
7th May 24, 10:11am
21
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
New figures from the Meat Industry Association provide grim news for March quarter
7th May 24, 9:33am
19
New figures from the Meat Industry Association provide grim news for March quarter
Westpac NZ CEO Catherine McGrath says home loan borrowers holding up better than expected, less than a quarter now on an interest rate below 5%
7th May 24, 9:27am
Westpac NZ CEO Catherine McGrath says home loan borrowers holding up better than expected, less than a quarter now on an interest rate below 5%
RBA policy update later today. Global rates are slightly lower. Yen weaker after last week’s strong recovery. Oil flat amidst ceasefire proposal talk for Gaza
7th May 24, 7:29am
RBA policy update later today. Global rates are slightly lower. Yen weaker after last week’s strong recovery. Oil flat amidst ceasefire proposal talk for Gaza
Service sector strength in all major economies grows, led by India; Aussie inflation not retreating making today's RBA decision 'interesting'; UST 10yr 4.49%; gold rises and oil stays low; NZ$1 = 60.1 USc; TWI-5 = 69.3
7th May 24, 7:19am
20
Service sector strength in all major economies grows, led by India; Aussie inflation not retreating making today's RBA decision 'interesting'; UST 10yr 4.49%; gold rises and oil stays low; NZ$1 = 60.1 USc; TWI-5 = 69.3
Nicola Willis is considering a new fiscal rule and independent watchdog after recommendations by the OECD
7th May 24, 6:45am
54
Nicola Willis is considering a new fiscal rule and independent watchdog after recommendations by the OECD
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