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Showing 121 - 130 of 161 results for "Bank of New Zealand"

Daily economic update

BENJAMIN ONG  |  FRIDAY, 23 JUN 2006
... 2.3 per cent in the last quarter of 2005 - due to record high interest rates of 7.25 per cent - the Reserve Bank of New Zealand (RBNZ) remains adamant that there will be no reduction in interest rates due to inflation threats from higher wages and expensive ...

Daily economic update

... removed its quantitative easing policy and is gearing to end its zero interest rate policy soon. The Reserve Bank of New Zealand has increased the cash rate to a record 7.25 percent last December while Canada's central bank lifted its benchmark rate ...

Daily economic update

... record-high interest rates are crimping consumer spending, which could slow down the economy this year. The Reserve Bank of New Zealand (RBNZ) has increased the official cash rate nine times since January 2004 to a record 7.25 per cent, saying household ...

NAB sells BNZ Investment Management to AXA

... and conditions have now been met. One of the important elements of the sale was an arrangement between the Bank of New Zealand and Assure whereby the Bank of New Zealand will act as distributor of Assure's managed fund products to the Bank's retail customers. ...

Daily economic update

... 36 per cent of NZ companies predict first-quarter profits to decline. The survey indicates that the Reserve Bank of New Zealand's (RBNZ) tight monetary policy is beginning to stall growth in the economy. The RBNZ has raised interest rates nine times ...

Daily Economic Update

... the country's seven-year deflation will end in the year to March. There is also speculation that the Reserve Bank of New Zealand (RBNZ) will raise interest rates by 25 basis points to 7.25 per cent when it meets on 8 December eased slightly following ...

Daily Economic Update

... contrast, latest data on New Zealand's labour market have dashed expectations of a reprieve from the Reserve Bank of New Zealand's (RBNZ) interest rate hike campaign. Statistics New Zealand reported that the country's jobless rate fell to a record low ...

David Clarke to chair Bluestone

... of experience in financial services both domestically and overseas. He began his career with the National Bank of New Zealand in 1979, and then took a role as chief executive of Lloyds Merchant Bank in London. In 1993 he started a seven-year stint with ...

Market Wrap

AAP  |  THURSDAY, 17 FEB 2005
... unveiling interim earnings and AMP revealing full year results. As well, ANZ is releasing a statement National Bank of New Zealand, Southcorp is expected to release its target statement after Foster's launched a hostile takeover bid and Coles Myer will ...

ANZ sticks to earnings forecasts

AAP  |  FRIDAY, 17 DEC 2004
... rose almost 20 per cent to a record $2.8 billion in 2004, including 10 months contribution from the National Bank of New Zealand, which ANZ acquired from Lloyds TSB for $4.9 billion last December. Goode told the AGM that competition in the banking sector ...