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Kiwi Stories

NZ dollar drops after RBNZ looks at new home loan restrictions
Reserve Bank of New Zealand

NZ dollar drops after RBNZ looks at new home loan restrictions

The New Zealand dollar dropped after the Reserve Bank said it's looking at ways to restrict lending on residential property investments, stoking specu.

By Pattrick Smellie • 2 min read • Thu, 5th Mar 2015
NZ dollar declines against Aussie ahead of RBA interest rate decision
Reserve Bank of New Zealand

NZ dollar declines against Aussie ahead of RBA interest rate decision

The New Zealand dollar weakened against the Australian dollar as traders have already priced in an interest rate cut by the Reserve Bank of Australia.

By Pattrick Smellie • 2 min read • Tue, 3rd Mar 2015
NZ building consents fall for a second month in January, housing permits drop
Reserve Bank of New Zealand

NZ building consents fall for a second month in January, housing permits drop

New Zealand residential building consents declined for a second month in January, with new housing permits falling at their sharpest pace since August.

By Pattrick Smellie • 2 min read • Fri, 27th Feb 2015
Auckland inner-city height restrictions weighing on supply, RBNZ's Wheeler says
Government

Auckland inner-city height restrictions weighing on supply, RBNZ's Wheeler says

New Zealand's government has taken a number of good steps to improve housing supply in Auckland, where prices have soared on a lack of new stock, but.

By Pattrick Smellie • 2 min read • Wed, 25th Feb 2015
English flags further macroprudential tools may be needed to cool housing market
Reserve Bank of New Zealand

English flags further macroprudential tools may be needed to cool housing market

Minister of Finance Bill English says the government is heeding the Reserve Bank of New Zealand's call for more housing in Auckland's bubbling real.

By Pattrick Smellie • 2 min read • Wed, 11th Feb 2015
MARKET CLOSE: NZ shares rise as RBA rate cut stokes demand for yield
Fintech

MARKET CLOSE: NZ shares rise as RBA rate cut stokes demand for yield

New Zealand shares gained after the Reserve Bank of Australia cut its cash rate to a record low, making the returns on offer in New Zealand more at.

By Pattrick Smellie • 3 min read • Tue, 3rd Feb 2015
Reserve Bank of Australia cuts key rate to 2.25% citing weak domestic demand
Reserve Bank of New Zealand

Reserve Bank of Australia cuts key rate to 2.25% citing weak domestic demand

The Reserve Bank of Australia cut its cash rate to a record low, saying weak domestic demand and tame inflation in the face of falling crude oil pr.

By Pattrick Smellie • 3 min read • Tue, 3rd Feb 2015
RESEND: NZ Dollar Outlook: Kiwi may continue decline after drop to 4-year low
Reserve Bank of New Zealand

RESEND: NZ Dollar Outlook: Kiwi may continue decline after drop to 4-year low

The New Zealand dollar, which fell to a four-year low after the Reserve Bank last week dropped its tightening bias and opened the door to possible.

By Pattrick Smellie • 3 min read • Mon, 2nd Feb 2015
Greenback slips to third in NZ's expanded TWI, yuan at second
Reserve Bank of New Zealand

Greenback slips to third in NZ's expanded TWI, yuan at second

The US dollar's weighting has slipped in the Reserve Bank of New Zealand's new trade-weighted index, which adds the Chinese yuan to a line-up of 17.

By Pattrick Smellie • 2 min read • Mon, 15th Dec 2014
NZ weekly rents rise 5.3% in November as annual increases slow
Reserve Bank of New Zealand

NZ weekly rents rise 5.3% in November as annual increases slow

NZ sees a 5.3% rise in weekly rents for November, signalling a slowing trend in annual increases, with Trade Me noting housing rents plateauing.

By Pattrick Smellie • 2 min read • Mon, 15th Dec 2014
RBNZ sees 44% bounce in whole milk powder in 2015
Endpoint Protection

RBNZ sees 44% bounce in whole milk powder in 2015

The Reserve Bank expects whole milk powder prices to rise by about 44 percent next year as the slump in global prices this year prompts less compet.

By Pattrick Smellie • 3 min read • Thu, 11th Dec 2014
Japanese investor interest in NZ plumps up Nikko funds
Reserve Bank of New Zealand

Japanese investor interest in NZ plumps up Nikko funds

Nikko Asset Management New Zealand, the local subsidiary of the Japanese investment firm, said funds under management topped $4 billion for the fir.

By Pattrick Smellie • 2 min read • Tue, 2nd Dec 2014
NZ Dollar Outlook: Kiwi may consolidate as RBNZ weighs in on upbeat trend
Reserve Bank of New Zealand

NZ Dollar Outlook: Kiwi may consolidate as RBNZ weighs in on upbeat trend

The New Zealand dollar may hold around current levels this week as traders anticipate Reserve Bank governor Graeme Wheeler could take aim at its re.

By Pattrick Smellie • 3 min read • Mon, 10th Nov 2014

Global Stories

NZ dollar falls after RBNZ looks for ways to curb residential property investment
Reserve Bank of New Zealand

NZ dollar falls after RBNZ looks for ways to curb residential property investment

The New Zealand dollar fell after the Reserve Bank said it is looking at ways to curb lending to residential property investors, which could pave the.

By Pattrick Smellie • 3 min read • Fri, 6th Mar 2015
NZ firms again lower their inflation expectations, see no RBNZ action this year
Reserve Bank of New Zealand

NZ firms again lower their inflation expectations, see no RBNZ action this year

New Zealand businesses have again trimmed their expectations for inflation over the next two years and don't expect the central bank will need to rais.

By Pattrick Smellie • 3 min read • Tue, 24th Feb 2015
Wheeler says keeping interest rates on hold 'most prudent option', eyes Auckland housing market
Reserve Bank of New Zealand

Wheeler says keeping interest rates on hold 'most prudent option', eyes Auckland housing market

Reserve Bank governor Graeme Wheeler acknowledged calls to cut interest rates, given the tumbling price of crude oil, before arguing that keeping r.

By Pattrick Smellie • 3 min read • Wed, 4th Feb 2015
NZ dollar gains after RBNZ signals rates still going up
Jobs

NZ dollar gains after RBNZ signals rates still going up

The New Zealand dollar rose after the Reserve Bank kept its key rate on hold, while signalling interest rates will have to go up as the economy gro.

By Pattrick Smellie • 3 min read • Thu, 11th Dec 2014