ANZ forecasts another three rate rises from Reserve Bank | RNZ News

The economy's stubborn resilience is prompting the country's biggest bank to forecast even more aggressive interest rate rises from the Reserve Bank.
The economy's stubborn resilience is prompting the country's biggest bank to forecast even more aggressive interest rate rises from the Reserve Bank. Keep Reading
Study says global economy is in steepest slowdown after a post-recession recovery since 1970 Keep Reading
TOKYO - There’s something surreal about the debate at Bank of Japan (BOJ) headquarters over whether to jump into markets to support the yen. Japan’s central bank faces the most intense pressure in more than two decades to intervene in currency trading, but unlike previous pressure campaigns Keep Reading
Tuesday’s 5% plunge in the NASDAQ followed a higher-than-forecast August year-on-year rise of 8.3% in the US Consumer Price Index. Shelter, which represents almost a third of the index, accounted f… Keep Reading
Energy market reforms include the taxation of energy companies and decoupling gas prices from overall electricity bills. Keep Reading
Labour may miss an opportunity to create a promise costings unit. Keep Reading
U.S. equities fell on Friday to cap their third straight weekly decline. Keep Reading
High energy costs have been blamed for New Zealand going from a trade surplus a year ago to a deficit in the June quarter. Total exports of goods and servi Keep Reading
The New Zealand dollar today dipped below US61 cents for the first time since mid-July as currency traders weighed up risks and rewards in a global environment of soaring inflation and recession fears. Keep Reading
We're back below a million, and mortgage applications are down. Keep Reading
If Govt had been more proactive about announcing the change there might not be so much confusion circulating, one fund manager says. Keep Reading
Aotearoa's only Māori-owned investment advice company, IWIinvestor, has appointed a non-executive director, Toni Kerr. Kerr (Ngāti Raukawa ki Te Tonga and... Keep Reading
Stocks fell in afternoon trading on Wall Street Monday, as investors remain unnerved by the Federal Reserve’s pledge to keep interest rates high as long as it takes to tame inflation. Keep Reading
Dean Anderson, Founder of personal finance platform Kernel speaks on the why he wanted to make a difference in how customers can control their own money. Keep Reading
New Zealand company earnings continued at pace today as Air NZ, casino operator SkyCity Entertainment and television network Sky TV were amongst those that reported mixed results. Keep Reading
NZ Post and ACC want out of Kiwibank; Govt open to injecting more capital into bank. Keep Reading
Market operator NZX says an improvement in its first half result demonstrates the strength of its earnings base, despite a 3.2 percent drop in the bottomline net profit. Keep Reading
Reserve Bank defends use of quantitative easing, saying it did so because it was 'constrained' from taking the Official Cash Rate into the negatives Keep Reading
It now sits at 3 percent. Keep Reading
The Reserve Bank may have to get into a fight with financial markets as it tries to bring inflation back within its target range, a new report says. Keep Reading
Property resales market showing signs of weakness but most borrowers will ride it out. Keep Reading
It will be the seventh rise in the OCR since last October, the most aggressive tightening cycle since the current monetary policy system was instituted in 1999. Keep Reading
The deal will enlarge Fisher's funds under management by about $6.34b to $12.8b, catapulting it into the third biggest provider, and also give it back access to default Kiwisaver provider status, which it lost last year in a revamp because of its highe... Keep Reading
As Joe Biden revels in a series of legislative victories in Washington, events in Moscow remind the US president that his troubles may be just beginning. On Monday, United Co Rusal International PJSC, an aluminum producer listed in Moscow and Hong Kong, raised US$590 million in a first-of-its-kind debt sale in Russia. The reason it matters for Biden’s White House: the bonds were denominated in yuan. Keep Reading
Investors stuck to the sidelines on Friday but look to be in better heart ahead of earnings season, with volumes showing some signs of life and the S&P/NZX 50 index adding 2% over the week. Keep Reading
Collected news from the world of investment, insurance, capital markets and financial services. Keep Reading