Shamubeel Eaqub
Budget relief
Household budgets are getting some relief with interest rates dipping below 7 % and petrol falling to just under $1.44 a litre. Audio
More Job Losses Likely as Business Confidence Plummets
October's business confidence figures showed the largest ever one-month fall in the survey's 20-year history. Audio
Reserve Bank Rules Out Early Interest Rate Cut (Part 3)
A senior economist at Goldman Sachs JB Were, Shamubeel Eaqub is highly critical of the Reserve Banks current strategy. Audio
Reserve Bank Rules Out Early Interest Rate Cut
National Party leader John Key today increased the pressure on the Bank saying it should cut rates sooner rather than later. Audio
Food and Fuel Increases Negate Tax Cuts
Food and petrol prices wipe out any gain from tax cuts. Audio
Drop in Employment
There are further indications of gloom for the economy with a sharp drop in employment. Audio
Reserve Bank to Keep Retail Banks Lending
Reserve Bank governor Alan Bollard says NZ's economic slow may quicken if banks keep curtail lending to households and business. Audio