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Economics Explained
The "Perfect" Little Economy of New Zealand | Economics Explained
This is New Zealand – a picturesque nation with an economy that appears to exclusively rely on throwing tourists off cliffs in increasingly imaginative ways.
But Australia’s "little brother" is not to be...
But Australia’s "little brother" is not to be...
Bloomberg
New Zealand Central Bank Keeps Key Rate Steady at 5.50%
The Reserve Bank of New Zealand kept its key rate at 5.5% and signaled a subdued growth outlook. All 22 economists surveyed by Bloomberg had expected no change from the central bank. Yvonne Man and David Ingles report on Bloomberg...
Bloomberg
BusinessNZ CEO on Incoming New Zealand Government
Kirk Hope, chief executive officer at BusinessNZ, discusses what New Zealand's largest business advocacy group hopes to see in terms of government policies. He speaks with Bloomberg's Haidi Stroud-Watts after the country's opposition...
Bloomberg
Franks Ogilvie's Morten on New Zealand Election
Brigitte Morten, director at Franks Ogilvie, discusses the key issues at stake for New Zealand's general election. She speaks with Bloomberg's Haidi Stroud-Watts on "Bloomberg Daybreak: Australia."
Bloomberg
New Zealand Property, Consumer Stocks in Focus as Election Nears
Consumer and property stocks are going to be in focus in New Zealand as the nation heads to the polls on Saturday. Investors are going to be watching for any changes in policy for sectors like consumer, agriculture and construction....
Bloomberg
Australia, New Zealand Losing Billions in Theft Wave
A theft wave is sweeping through Australia and New Zealand. The high cost of living is proving to be too much for man. Karen Leigh reports on Bloomberg Television.
Bloomberg
Hipkins: New Zealand's Economy Is Turning a Corner
"We are on the road to recovery." New Zealand Prime Minister Chris Hipkins discusses the country's priorities, the economy and how the slowdown in China is impacting New Zealand. He speaks exclusively on Bloomberg Television.
Bloomberg
New Zealand First-Time Homebuyers Seize Brief Window
New Zealand's home-building approvals fell 5.2% month-on-month in July versus revised increase of 3.4% in June. Meanwhile, the country's slump in house price has given first-time homebuyers a welcomed leg up in their quest to purchase a...
Bloomberg
New Zealand Central Bank Says Mild Recession 'Bare Minimum' to Tame Inflation
Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the outlook for the economy. The central bank on Wednesday held its Official Cash Rate at 5.5% but raised its forward track slightly, indicating the risk of...
Bloomberg
Reserve Bank of New Zealand Governor Says Core Inflation Remains Too High
"It's pleasing that headline inflation and inflation expectations have declined. But similar to the global story, core inflation remains too high." Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the state...
Bloomberg
New Zealand Maintains Benchmark Interest Rate at 5.50%
The Reserve Bank of New Zealand kept interest rates unchanged for a second straight meeting but signaled the risk that it may need to raise them again to tame inflation. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Kiwi Bank's Vergara on RBNZ Decision
Mary Jo Vergara, senior economist at Kiwi Bank, discusses her expectation for the RBNZ to hold the cash rate unchanged in their upcoming August meeting. She speaks with Bloomberg's Paul Allen and Shery Ahn on "Bloomberg Daybreak:...
Bloomberg
New Zealand Maintains Benchmark Interest Rate at 5.50%
New Zealand's central bank kept interest rates unchanged for the first time in almost two years amid signs that the weaker economy is slowing inflation. Kathleen Hays reports on Bloomberg Television.
Bloomberg
New Zealand Economy Falls Into Recession
New Zealand's economy has fallen into recession. Gross domestic product fell 0.1% from the prior three months, when it dropped an upwardly revised 0.7%, Paul Allen and Haidi Stroud-Watts report on Bloomberg...
Bloomberg
RBNZ Says Interest Rates Need to Remain at Restrictive Level
"The committee agreed that the level of interest rates are constraining spending and inflation pressure and that the OCR will need to remain at a restrictive level for the foreseeable future." Reserve Bank of New Zealand Governor...
Bloomberg
This Is Last Hike in the Cycle for RBNZ: UBS WM's Tan
"This is the last hike in the cycle for RBNZ." Teck Leng Tan, APAC FX & macro strategist at UBS Wealth Management, discusses the Reserve Bank of New Zealand policy decision, the Australian dollar and his outlook for the US dollar. He...
Bloomberg
RBNZ Raises Key Interest Rate to 5.5% From 5.25%
New Zealand's central bank raised interest rates by a quarter of a percentage point and said it has done enough to tame inflation. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Missed Mortgage Payments Swell in Housing Bellwether New Zealand
There are signs of stress emerging in New Zealand's housing market. More buyers are falling behind on loan repayments. Ainsley Thomson reports on Bloomberg Television.
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Follow Bloomberg for business news & analysis,...
Bloomberg
Duration Is Still a Play Medium-Term: OCBC's Menon
Vasu Menon, executive director of investment strategy at OCBC Bank Wealth Management, discusses the Reserve Bank of New Zealand's decision to raise interest rates by 50-basis points, bond yields and his investment strategy. He speaks on...
Bloomberg
New Zealand Raises Key Interest Rate to 5.25% From 4.75%
The Reserve Bank of New Zealand hikes rates by larger-than-expected 50 basis points. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Doesn't Need to Be a Recession in New Zealand: Robertson
New Zealand Finance Minister and Deputy Prime Minister Grant Robertson discusses Reserve Bank of New Zealand policy, the economy and the country's labor shortage. He speaks exclusively on Bloomberg Television.
Bloomberg
Our Rate Cut Reduces Probability of Having to Do More Later, Says RBNZ’s Orr
Aug.22 -- Adrian Orr, governor of the Reserve Bank of New Zealand, discusses the central bank’s policies, downside risks to the economy, future rate cuts, what’s going to cause him to cut again, his outlook for monetary policy, the New...
Bloomberg
Reserve Bank of New Zealand Governor on Rate Hike, Growth
Reserve Bank of New Zealand Governor Adrian Orr discusses the central bank's decision to raised interest rates for the third straight meeting, and the outlook for the economy. The RBNZ also signaled it will need to lift rates higher than...
Bloomberg
New Zealand Central Bank Hikes Rates Half a Point for Fifth Straight Time
The Reserve Bank of New Zealand raised its key interest rate by 50 basis points to 2.50% as expected by most economists surveyed by Bloomberg. Kathleen Hays reports on Bloomberg Television with David Ingles and Yvonne Man.