Latest Reserve Bank Headlines

Profiting from Gold

Mon, 22 Sep 2014 10:57:19 +1200 | Kenton-Dau LLC

What has got banks and investors focused on gold? Kenton-Dau LLC, a company based in Christchurch New Zealand has discovered naturally occurring periods of rise and fall in the gold market. This makes is possible to generate consistent on-going revenue ...More >>

NZ dollar falls to 7-month low as Fed raises 2015 rate view

Thu, 18 Sep 2014 08:37:44 +1200 | BusinessDesk

Sept. 18 (BusinessDesk) - The New Zealand dollar dropped to a seven-month low after the Federal Reserve raised its expectation for the level of interest rates by the end of next year, boosting the lure of the greenback.More >>

NZ dollar rises on speculation ahead of Fed meeting

Wed, 17 Sep 2014 08:45:00 +1200 | BusinessDesk

Sept. 17 (BusinessDesk) - The New Zealand dollar advanced as investors pulled back expectations for the Federal Reserve to signal a rise in interest rates at this week's meeting and on reports China is adding liquidity to its banks to bolster economic ...More >>

NZ dollar holds gains as dairy auction looms

Tue, 16 Sep 2014 17:44:18 +1200 | BusinessDesk

Sept. 16 (BusinessDesk) - The New Zealand dollar held gains in local trading after weak US industrial production sapped demand for the greenback, and ahead of an upcoming dairy auction, which will offer a gauge on New Zealand's biggest commodity export.More >>

NZ Dollar Outlook: Kiwi may decline on weaker local data

Mon, 15 Sep 2014 12:20:19 +1200 | BusinessDesk

Sept. 15 (BusinessDesk) - The New Zealand dollar may decline this week, weighed down by weaker local data and a more positive view of the greenback. More >>

NZ dollar holds below 82 US cents following RBNZ review

Fri, 12 Sep 2014 08:36:04 +1200 | BusinessDesk

Sept. 12 (BusinessDesk) - The New Zealand dollar held below 82 US cents overnight after the Reserve Bank yesterday reiterated that is too high and signalled interest rates would remain on hold for longer and wouldn't rise as much as previously thought.More >>

Outlook: lack of wage growth & unemployment above 5%

Thu, 11 Sep 2014 13:23:21 +1200 | Council of Trade Unions

“The Reserve Bank’s forecasts show an economy that offers little hope of fair wage increases and falls in unemployment to pre-GFC levels under current policies,” says CTU Economist, Bill Rosenberg. “It says wage growth is ‘subdued’ and held ...More >>

Kiwi falls after RBNZ's Wheeler says strength 'unjustified'

Thu, 11 Sep 2014 10:26:31 +1200 | BusinessDesk

NZ dollar falls below 82 US cts after RBNZ's Wheeler says strength still 'unjustified' More >>

Reserve Bank says migration impact on housing 'muted' so far

Thu, 11 Sep 2014 09:19:10 +1200 | BusinessDesk

Sept. 11 (BusinessDesk) - The Reserve Bank is keenly watching the impact New Zealand's decade-high net migration inflow is having on the housing market, which it says hasn't pushed up property prices as aggressively as in the past.More >>

Kiwi dollar strength still 'unjustified and unsustainable'

Thu, 11 Sep 2014 09:13:00 +1200 | BusinessDesk

Sept. 11 (BusinessDesk) - The New Zealand's dollar persistent strength is still "unjustified and unsustainable" after a slump in commodity prices this year, though it should come down as the US Federal Reserve moves away from running a zero interest rate ...More >>

Higher interest rates, loan curbs rein in house prices: RBNZ

Thu, 11 Sep 2014 09:12:43 +1200 | BusinessDesk

Sept. 11 (BusinessDesk) - The Reserve Bank's moves to hike interest rates and impose restrictions on low-equity home loans has helped slow the pace of house price increases, the central bank says.More >>

RBNZ keeps OCR at 3.5%, signals slower pace of future hikes

Thu, 11 Sep 2014 09:08:54 +1200 | BusinessDesk

Sept. 11 (BusinessDesk) - Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won't be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar ...More >>

NZ dollar seen weakening on central bank displeasure

Mon, 8 Sep 2014 17:09:30 +1200 | BusinessDesk

Sept. 8 (BusinessDesk) - The New Zealand dollar was little changed from New York on Friday and may fall amid speculation the Reserve Bank will use its monetary policy statement on Thursday to repeat that the currency in unjustifiably high, while trimming ...More >>

NZ dollar gains after US jobs report misses expectations

Mon, 8 Sep 2014 08:42:00 +1200 | BusinessDesk

Sept. 8 (BusinessDesk) - The New Zealand dollar advanced after a US employment report printed weaker than expected, reviving expectations the Federal Reserve may keep interest rates at record lows for longer.More >>

RBNZ to leave rates unchanged in pre-election MPS

Mon, 8 Sep 2014 08:00:49 +1200 | BusinessDesk

Sept. 8 (BusinessDesk) - The Reserve Bank of New Zealand will probably keep its key interest rate unchanged in a policy review that comes nine days before the general election, with consumer prices tame enough for the bank to trim its outlook for inflation ...More >>

RBNZ Observer: On hold, with a longer pause now expected

Fri, 5 Sep 2014 10:39:12 +1200 | HSBC Bank

- Having delivered 100bp of hikes and with dairy prices falling, the RBNZ is expected to hold steady next week - Timely indicators of business and consumer sentiment have stepped back from high levels, although inward migration remains strong and the Canterbury ...More >>

NZ dollar rises on optimism about Ukraine ceasefire

Thu, 4 Sep 2014 08:37:47 +1200 | BusinessDesk

Sep. 4 (BusinessDesk) - The New Zealand dollar advanced on optimism a ceasefire could be agreed in Ukraine, improving the outlook for global growth and increasing the allure of riskier currencies.More >>

Australian dollar above 'fundamental value', RBA says

Tue, 2 Sep 2014 17:18:12 +1200 | BusinessDesk

Sept. 2 (BusinessDesk) - The Reserve Bank of Australia strengthened its language on the Australian dollar, saying the currency was high relative to fundamental value, while at the same time sounding more upbeat about the local economy.More >>

NZ dollar buoyed by Fonterra plans to expand capacity

Thu, 28 Aug 2014 08:38:57 +1200 | BusinessDesk

Aug. 28 (BusinessDesk) - The New Zealand dollar rose after Fonterra Cooperative Group yesterday said it would maintain its milk price forecast, expand its local processing capacity and form a partnership to help sell its products in China, New Zealand's ...More >>

NZ food prices fall in July, cementing expectations on rates

Wed, 27 Aug 2014 12:21:23 +1200 | BusinessDesk

NZ food prices fall in July, cementing expectations interest rates are on hold till 2015 More >>


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