New Zealanders have been spending up on food and liquor in the lead up to Christmas, according to Paymark, which says spending…
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Food, booze push up Dec spending
Auckland property up 15.2pc - QV
Auckland property values continue to surge ahead, up 15.2 per cent in the last year.
Westpac 'splits rates' for borrowers
Westpac has today split its mortgage rates depending on whether the borrower has more or less than 20 per cent equity.
Wall Street Fed guessing tipped this week
Investors will have to make it through another week of the "will they, won't they taper this month"-guessing…
Best of Business Analysis
Borrowers need to be aware that current market pricing…
NZ saving record looks rosier
The statisticians have plucked a few of the lice out of households' lousy record for saving.
Markets expect increase in OCR
When it releases its monetary policy statement on Thursday the Reserve Bank is expected to turn up the volume on its warning…
WTO Bali package largely applauded
New Zealand has applauded a new global trade deal involving nearly 160 countries - but warns more needs to be done to ensure…
Bernard Hickey: Deflation is the real target in economic battle for growth
Who could possibly be against falling prices? Over the past few years, consumers have relished walking into the electronics…
Economy
Dollar rises against US
The New Zealand dollar jumped 1 US cent from local trading on Friday after key US employment data failed…
NZ ranked second best for business
Forbes magazine has named New Zealand as the world's second best country to do business in, behind only a resurgent Ireland…
Dollar slips against Euro
The New Zealand dollar slipped to a four-day low against the euro after the European Central Bank indicated it has moved…
Wall Street down after strong US GDP, jobs
US stocks and bonds fell after reports showing the American economy grew faster than initially estimated during the third…
Dollar hits new 5-year high vs. Aussie
The New Zealand dollar touched a fresh five-year high against its trans-Tasman counterpart overnight…
Wall Street down despite good jobs data
Wall Street fell overnight after stronger-than-expected US private jobs data raised concern the Federal Reserve…
China demand lifts dairy prices
International dairy product prices are pushing sharply higher, driven by strong demand from China.
Auckland house prices' hot November
Auckland house prices rose at the rate of $677 a day in November, based on the average price increase from October to November…
Asset sales proceeds to drop - Govt
The Govt has revised the estimate of how much it expects to receive from its partial asset sales down to between $4.6 to…
Dollar higher vs. greenback, Aussie
Economy Archives
The New Zealand dollar gained against the greenback and the Australian dollar on signs prices of the…
Brian Fallow on the economy
Brian Fallow: Dilemma of dairy income or environment
More Brian Fallow on the economy
If we want the dairy industry to lift national income we will have to pay the price in terms of increasing…
Bernard Hickey
Bernard Hickey: Banks play to cashed-up buyers in split mortgage market
More Bernard Hickey
Banks love buyers who want to borrow less than 80% of the value of the house and have ramped up marketing…
Business
'Blacklisting' to curb phone thefts
New blacklisting system will help stop mobile phone thefts by reducing street value of stolen devices, say police.
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