New Zealand central banker Graeme Wheeler is going to need more than a plain-vanilla rate cut if he wants a weaker local currency.
Weaker inflation than expected may give the Reserve Bank scope to drop interest rates again.
New Zealand’s central bank said it will issue an unscheduled assessment of the economy next week, prompting traders to increase bets on an interest-rate cut in August.
New Zealand’s economic growth was stronger than economists forecast last quarter as construction boomed and a rising population increased demand for health-care services
New Zealand’s dollar surged to the highest level in a year as the prospect of continued central bank inaction at home and in the U.S. burnished the smaller nation’s interest-rate premium.
The major bank has received the award for the third year running
The largest home loan lender has reduced two of its 'special' fixed interest rates
AIA Group and Zurich Insurance have lobbed bids to buy Sovereign and CommInsure