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Chief economist update: Unchanged RBNZ stance would force it to change stanceBY BENJAMIN ONG | THURSDAY, 14 FEB 2019 10:47AM
The appreciating NZ currency would, by extension, compound the "risk of a sharper downturn in trading-partner growth," putting downward pressure on the domestic economy and shift the central bank into a dovish stance.
Read more: RBNZ, US, OCR, Adrian Orr, ANZ, Fed, GDP, Governor, Reserve Bank of New Zealand, Reuters
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The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services.
New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme.
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws.
Victorian Funds Management Corporation has welcomed a head of client and market development to its executive team.
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