25th Jun 20, 3:33pm
Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
25th Jun 20, 2:09pm
Our central bank might have delayed any potential move into negative interest rates, but only a hardened gambler would bet against our Official Cash Rate having a minus sign in front of it by early next year
Our central bank might have delayed any potential move into negative interest rates, but only a hardened gambler would bet against our Official Cash Rate having a minus sign in front of it by early next year
25th Jun 20, 11:15am
Statistics New Zealand says low levels of imports in April and May have caused our deficit to 'quickly shrink' to just $1.3 bln for the year to May
Statistics New Zealand says low levels of imports in April and May have caused our deficit to 'quickly shrink' to just $1.3 bln for the year to May
25th Jun 20, 10:29am
An obtusely-worded update from NZ's only fuel refiner appears to indicate the company is favouring a previously signalled option to become solely a fuel importer
An obtusely-worded update from NZ's only fuel refiner appears to indicate the company is favouring a previously signalled option to become solely a fuel importer
25th Jun 20, 9:37am
The Bank for International Settlements reports that contactless payments have surged globally since the onset of Covid-19, but precautionary holdings of cash have risen as well
The Bank for International Settlements reports that contactless payments have surged globally since the onset of Covid-19, but precautionary holdings of cash have risen as well
24th Jun 20, 2:08pm
RBNZ says the balance of economic risks still remains on the downside and it is prepared to provide additional stimulus as necessary
RBNZ says the balance of economic risks still remains on the downside and it is prepared to provide additional stimulus as necessary
23rd Jun 20, 11:45am
Fonterra says it is changing the way it will reward farmers for sustainable practices and now intends to offer an extra cash payment of up to 10c per kilogram of milk solids
Fonterra says it is changing the way it will reward farmers for sustainable practices and now intends to offer an extra cash payment of up to 10c per kilogram of milk solids
23rd Jun 20, 10:11am
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
RBNZ signs off on sale of AMP Life after the would-be buyer agreed to put in place various measures to protect the 200,000 New Zealand policyholders
20th Jun 20, 9:31am
As the country hurtles into a deep recession, sharemarket listed companies are doing a good job of giving themselves a cash cushion - with around $2.75 bln raised from investors since the start of the Covid crisis
As the country hurtles into a deep recession, sharemarket listed companies are doing a good job of giving themselves a cash cushion - with around $2.75 bln raised from investors since the start of the Covid crisis
18th Jun 20, 10:57am
Statistics New Zealand says there was a 'widespread drop in economic activity' in the March quarter; the fall was bigger than economists' estimates; worse is to come in the June quarter
Statistics New Zealand says there was a 'widespread drop in economic activity' in the March quarter; the fall was bigger than economists' estimates; worse is to come in the June quarter
18th Jun 20, 9:43am
Our national airline has issued a forecast of earnings for the year to June 2020, in which it expects an 'underlying' loss of $120 mln and other 'significant item' losses of more than half a billion dollars
Our national airline has issued a forecast of earnings for the year to June 2020, in which it expects an 'underlying' loss of $120 mln and other 'significant item' losses of more than half a billion dollars
17th Jun 20, 11:44am
Latest information collated by the Financial Markets Authority shows that the volatility resulting from the Covid-19 pandemic saw 143 of the 270 KiwiSaver funds record negative returns in the March year
Latest information collated by the Financial Markets Authority shows that the volatility resulting from the Covid-19 pandemic saw 143 of the 270 KiwiSaver funds record negative returns in the March year
17th Jun 20, 11:01am
NZ's current account deficit narrowed to $1.6 bln in the March quarter, while the annual deficit of $8.5 bln, at 2.7% of GDP, was in line with economists' forecasts
NZ's current account deficit narrowed to $1.6 bln in the March quarter, while the annual deficit of $8.5 bln, at 2.7% of GDP, was in line with economists' forecasts
16th Jun 20, 2:50pm
David Hargreaves says relying on the old standbys of running a tight fiscal ship while pumping migrants into the country is no way forward - we need governments with ideas and a real plan
David Hargreaves says relying on the old standbys of running a tight fiscal ship while pumping migrants into the country is no way forward - we need governments with ideas and a real plan
16th Jun 20, 10:27am
ANZ economists see the burden for our economic recovery being put on domestic stimulus and productivity
ANZ economists see the burden for our economic recovery being put on domestic stimulus and productivity
15th Jun 20, 11:11am
GDP figures out this week for the March quarter will show a fall in economic activity - but this will just be a taste of what is to come in the June quarter
GDP figures out this week for the March quarter will show a fall in economic activity - but this will just be a taste of what is to come in the June quarter
11th Jun 20, 11:51am
Statistics New Zealand says on a seasonally adjusted basis retail spending leapt 79% in May as businesses reopened after the April lockdown
Statistics New Zealand says on a seasonally adjusted basis retail spending leapt 79% in May as businesses reopened after the April lockdown
11th Jun 20, 11:06am
Our national airline hasn't denied informed media speculation that it may soon tap shareholders for more cash
Our national airline hasn't denied informed media speculation that it may soon tap shareholders for more cash
10th Jun 20, 12:28pm
The buyers of a Karaka property must pay the Crown having failed to get Overseas Investment Office approval for the purchase
The buyers of a Karaka property must pay the Crown having failed to get Overseas Investment Office approval for the purchase
10th Jun 20, 10:50am
Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders
Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders
