New Zealand Dollar outperforms amongst G10 currencies
The New Zealand Dollar is leading the way in the G10 currency space, buoyed by increasing equity markets and reports of a significant potential boost for the Chinese economy.
Robust rally in number of Australian visitors to New Zealand
Visitor numbers to New Zealand from Australia are experiencing a strong rally, even though they represent the country’s biggest gap in terms of visitor volume.
New Zealand Dollar outperforms amongst G10 currencies
The New Zealand Dollar is leading the way in the G10 currency space, buoyed by increasing equity markets and reports of a significant potential boost for the Chinese economy.
Robust rally in number of Australian visitors to New Zealand
Visitor numbers to New Zealand from Australia are experiencing a strong rally, even though they represent the country’s biggest gap in terms of visitor volume.
New Zealand's annual inflation has fallen to its lowest level in almost three years. According to figures published by Stats NZ, consumer prices rose 0.6% in Q1, to bring the annual rate down to 4.0%, the lowest seen since June 2021.
RBNZ keeps rates unchanged for sixth straight meeting
The Reserve Bank of New Zealand (RBNZ) held interest rates the same for the sixth consecutive meeting on Wednesday, stating they need to stay higher for longer to curb inflation.
New Zealand’s government has revealed the minimum wage will rise by 45 cents an hour to $23.15 from 1 April. This signals a 2% increase, the slowest rate in 10 years, from the present minimum wage of $22.70.
RBNZ holds rates steady, warns of further tightening
The Reserve Bank of New Zealand (RBNZ) held the official cash rate steady on Wednesday but said inflation was still too high and additional policy tightening may be required.
NZ govt. forecasts larger budget deficit for year ahead
New Zealand’s government forecasts a larger budget deficit but better-than-predicted economic conditions in the coming year as is updates forecasts ahead of next month’s election.
New Zealand's annual inflation has fallen to its lowest level in almost three years. According to figures published by Stats NZ, consumer prices rose 0.6% in Q1, to bring the annual rate down to 4.0%, the lowest seen since June 2021.
RBNZ keeps rates unchanged for sixth straight meeting
The Reserve Bank of New Zealand (RBNZ) held interest rates the same for the sixth consecutive meeting on Wednesday, stating they need to stay higher for longer to curb inflation.
New Zealand’s government has revealed the minimum wage will rise by 45 cents an hour to $23.15 from 1 April. This signals a 2% increase, the slowest rate in 10 years, from the present minimum wage of $22.70.
RBNZ holds rates steady, warns of further tightening
The Reserve Bank of New Zealand (RBNZ) held the official cash rate steady on Wednesday but said inflation was still too high and additional policy tightening may be required.
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