Displaying items 1 - 25 of 215 in total
The Reserve Bank has held interest rates steady, and reaffirmed easy money policies through the bond buying and funding for lending programmes.
A 'steady as it goes' statement with a reaffirmation of easy monetary policies and an uncertain economic outlook are expected to be the key messages from the Reserve Bank in its regular policy and…
Analysis - Prominent retired businessman Sir Ron Brierley's guilty plea to possession of child sex abuse images is the final fall from grace for the clinical corporate raider, writes RNZ Business…
One of the country's best performing banks has had the "for sale" sign hung in the window, why would Australia's Westpac want to sell one of its golden eggs? RNZ Business editor Gyles Beckford explain…
The fall in gross domestic product was driven by a weakening in commercial construction, retailing, and parts of the hospitality sector.
The dairy giant's profit was down more than 20 percent on last year's result, though that had been inflated by gains from asset sales.
New Zealand wants to drive the free and easy trade of Covid-19 vaccines and medical equipment between APEC members.
Meal maker My Food Bag has had a weak debut on the stock exchange.
The Reserve Bank is now required to consider the impact on housing when making monetary and financial policy decisions, Finance Minister Grant Robertson has announced.
The Reserve Bank has held the official cash rate steady, saying it is ready to keep monetary policy loose to support the economy.
The profits of the country's banks have fallen by more than a quarter over the past year amid the Covid-19 pandemic, a fall in margins because of low interest rates and higher costs.
A multi-million dollar settlement is looming among power companies after the sector regulator confirmed consumers paid $70 million more than they needed to a year ago.
The New Zealand economy grew a record 14 percent in the three months ended September driven by surging consumer spending.
Analysis - The government is asking the Reserve Bank (RBNZ) to change from arsonist to firefighter in the housing market, RNZ Business Editor Gyles Beckford writes.
The Reserve Bank is set to unveil its latest weapon in the fight for cheap money and economic recovery from the pandemic.
The Reserve Bank says any further easy money policy measures will have the simple aim of lowering the cost of borrowing and ensuring banks can back investment by businesses and spending by households.
The Reserve Bank has left its benchmark interest rate unchanged at a record low 0.25 percent, and signalled it's ready to take further action probably before the end of the year.
Analysis - It says everything that the pre-election economic and fiscal update's most positive statement was "less negative in the near term," writes RNZ Business editor Gyles Beckford.
Gross domestic product figures for the second quarter of the year are set to show the biggest economic contraction on record.
Air New Zealand has posted one of the biggest corporate losses in recent memory as Covid-19 has all but grounded the airline in recent months.
The Reserve Bank has left the benchmark interest rate unchanged at a record low but significantly increased the size of its bond buying programme.
In the past day gold has peaked at $US1843 an ounce - the highest since September 2011.
The Reserve Bank has held its benchmark interest rate at 0.25 percent, in line with expectations.
New Zealand's gross domestic product fell by 1.6 percent in the first three months of the year as it felt the first hit from the Covid-19 pandemic.
The economy's golden run of nine years of uninterrupted growth is set to come to a shuddering halt with the release of first quarter GDP numbers.