Auckland’s spreading property bonanza is one of the reasons Reserve Bank Governor Graeme Wheeler may tread carefully as he considers cutting interest rates to a fresh record low on Thursday.
New Zealand’s central bank said it may need to cut interest rates further as falling oil prices and a weaker global growth outlook prolong a period of low inflation.
Governor Graeme Wheeler may have greater scope to cut interest rates as annual inflation has slowed to its weakest since 1999.
New Zealand’s five-year housing boom could be drawing to a close
Commission for Financial Capability said tactics ranged from emails, letters and phone calls to face-to-face meetings
Almost half of New Zealand businesses do not have cyber insurance in place, report states
NZ dollar dips below 69 US cents as risk appetite, commodity prices fall