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Kiwibank has announced it is to cut the fixed rates on its one to five year loans and extend its one year fixed rate special for a limited time.
New Zealand | May 17th, 2012 | Continue reading »
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NAB’s subsidiary Bank of New Zealand has posted a cash earnings increase of NZ$56 million to NZ$385 million for the six months to 31 March 2012 despite a ‘restrained’ domestic economy.
New Zealand | May 10th, 2012 | Continue reading »
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Global economic and financial conditions continue to pose risks for New Zealand’s financial system, according to Reserve Bank of New Zealand Governor Alan Bollard.
New Zealand | May 9th, 2012 | Continue reading »
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The Reserve Bank of New Zealand’s response to the global financial crisis continues, with a number of prudential policy changes announced today by Deputy Governor Grant Spencer.
New Zealand | May 3rd, 2012 | Continue reading »
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The Reserve Bank of New Zealand has today left the official cash rate unchanged at 2.5 per cent, where it has remained since March 2011, once again citing the uncertain global economic outlook.
New Zealand | April 26th, 2012 | Continue reading »
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Retail card spending in New Zealand increased by a modest 0.3 per cent month-on-month in March, owing to an expected bounce-back in both the hospitability and apparel industries.
New Zealand | April 12th, 2012 | Continue reading »
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Employment confidence among New Zealand households inched lower in the March 2012 quarter, marking its third straight quarterly decline, on the back of weaker employment expectations.
New Zealand | April 2nd, 2012 | Continue reading »
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Research conducted in Christchurch shows a surprising number of businesses are confident about the future of the region, but are upset at the slow pace of insurance claims processing.
New Zealand | March 30th, 2012 | Continue reading »
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The New Zealand offices of PricewaterhouseCoopers (PwC) have run their first treasury survey, drawing on the views of 95 respondents from a wide variety of industries and organisation sizes.
New Zealand | March 29th, 2012 | Continue reading »
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Confidence among New Zealand consumers has remained low this month despite a recent improvement in business confidence, the calming of global financial markets and a resurgent housing market.
New Zealand | March 19th, 2012 | Continue reading »