Rise in employment confidence in New Zealand, says report
Employment confidence in New Zealand has turned positive for the first time since the middle of last year according to a new report, yet workers say it's more difficult to find employment.
The Reserve Bank of New Zealand (RBNZ) held the cash rate steady at 5.5% on Wednesday, and reduced the forecast peak for rates, as policymakers stated the inflation outlook risks were now more balanced.
Rise in employment confidence in New Zealand, says report
Employment confidence in New Zealand has turned positive for the first time since the middle of last year according to a new report, yet workers say it's more difficult to find employment.
The Reserve Bank of New Zealand (RBNZ) held the cash rate steady at 5.5% on Wednesday, and reduced the forecast peak for rates, as policymakers stated the inflation outlook risks were now more balanced.
Government may permit foreigners to buy build-to-rent homes
New Zealand’s government is looking to allow foreigners to invest in build-to-rent homes in a bid to stimulate housing supply, according to finance minister Nicola Willis.
NZ home-building costs rise at slowest pace in seven years
House-building costs in New Zealand increased at the slowest pace in over seven years as high-interest rates and economic uncertainty hampered new home demand.
NZ Dollar top performing major currency following inflation survey
New Zealand's Dollar was the top performer out of major currencies as a survey showed inflation in the country wasn't forecast to revert to the 2.0% target any time soon.
House prices in New Zealand fell in June by the most in eight months, reinforcing the fact the market hasn’t yet reached a floor, despite interest rates reaching their peak
Government may permit foreigners to buy build-to-rent homes
New Zealand’s government is looking to allow foreigners to invest in build-to-rent homes in a bid to stimulate housing supply, according to finance minister Nicola Willis.
NZ home-building costs rise at slowest pace in seven years
House-building costs in New Zealand increased at the slowest pace in over seven years as high-interest rates and economic uncertainty hampered new home demand.
NZ Dollar top performing major currency following inflation survey
New Zealand's Dollar was the top performer out of major currencies as a survey showed inflation in the country wasn't forecast to revert to the 2.0% target any time soon.
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