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A service for banking industry professionals · Saturday, September 23, 2023 · 657,315,832 Articles · 3+ Million Readers
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Reserve Bank of New Zealand News Monitoring

  • Published on Sep 21, 2023

    End is in sight for global rate hiking cycle

    The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo Acquire Licensing Rights LONDON, Sept 21 (Reuters) - Big central banks are closing in on the end of their rate hiking cycles, starting to …

    Source: Reuters - Neutral
  • Published on Sep 21, 2023

    Auckland mother serves up cereal for dinner due to rising food costs

    A mother of two says she's had to serve her kids Weet-Bix for dinner and find “alternative ways to live” as a result of the rising cost of living. Eileen Witika (Ngāti Whātua Ōrākei), 35, lives in Glen Innes, Tāmaki Makaurau with her partner and …

    Source: Stuff - Center-left
  • Published on Sep 21, 2023

    New Zealand economy expands faster than expected

    8 By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s economy grew more than expected in the second quarter underpinned by a pick-up in the services sector, and dodged a technical recession, which will help the government, under fire for its handling of …

    Source: Shore News Network - Center-right
  • Published on Sep 21, 2023

    New Zealand economy expands faster than expected in Q2, dodges technical recession

    WELLINGTON – New Zealand’s economy grew more than expected in the second quarter and dodged a technical recession, which will help the current government that is under fire for its handling of the economy ahead of a national election. Official data out on …

    Source: The Straits Times - Pro-Government
  • Published on Sep 21, 2023

    Campaigns weigh in on positive GDP announcement

    The economy has posted stronger than expected growth in the second quarter as service industries and manufacturing lifted activity. Stats NZ said gross domestic product rose 0.9 percent in the three months ended June. The previous quarter's GDP figure …

    Source: Otago Daily Times - Neutral
  • Published on Sep 21, 2023

    New Zealand second-quarter GDP rises faster than expected

    By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s economy grew more than expected in the second quarter supported by better activity in the services sector. Official data out on Thursday showed gross domestic product (GDP) rose 0.9% in the June quarter, …

    Source: KFGO - North Dakota - Neutral
  • Published on Sep 19, 2023

    Living in the 70s: why Australia's dominant model of unemployment and inflation no longer works

    As we approach the release of Monday’s employment white paper we can expect to hear a lot about something called the NAIRU – the so-called Non-Accelerating Inflation Rate of Unemployment. This ungainly acronym, which currently dominates the thinking of …

    Source: The Conversation - Neutral
  • Published on Sep 18, 2023

    New Zealand dollar rises despite soft Services PMI

    New Zealand Services PMI declines US manufacturing data climbs, consumer sentiment falls The New Zealand dollar has started the week in positive territory. NZD/USD is trading at 0.5918 in the North American session, up 0.34%. New Zealand’s Services PMI …

    Source: OANDA Market Pulse - Neutral
  • Published on Sep 17, 2023

    How eight RBA bosses handled 63 years of economic curveballs

    Nevertheless, after a couple of failed attempts to pass the separation through the Senate, Menzies was successful and the RBA came into being in January 1960 with Coombs as its first governor. Within a year, the economy had entered a severe balance-of- …

    Source: Financial Review - Center-right
  • Published on Sep 15, 2023

    Mary Holm: Life insurance, a funeral - and the long wait for a payout

    Waiting on life insurance money to come through in time to cover funeral expenses can be problematic, so it helps to have an easy $15,000 or so that you can tap into. Photo / 123RFOPINION It really makes me angry that life insurance companies advertise …

    Source: The New Zealand Herald - Neutral
  • Published on Sep 14, 2023

    Hamilton's economy continues to grow but households under pressure - HCC

    Hamilton’s hospitality sector received a timely boost from major events as the city continued to outperform the national economy. Hamilton City Council’s latest Quarterly Economic Update reveals the city’s economy grew almost 4% in the year to June, above …

    Source: Voxy - Uncategorized
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