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Showing 61 - 70 of 89 results for "Reserve Bank of New Zealand"

RBNZ could go zero

BENJAMIN ONG  |  MONDAY, 20 JUL 2009
... output to shrink by 2.05 per cent in 2009 - almost 10 times the contraction forecast for Australia. Reserve Bank of New Zealand Governor Alan Bollard is a little bit more optimistic and expects the economy to grow in the final three months of this year. ...

Market Wrap - Morning

AAP  |  THURSDAY, 11 JUN 2009
... 727.17 points to 18,785.66. WELLINGTON - The New Zealand share market was little changed ahead of the Reserve Bank of New Zealand's interest rate decision on Thursday. The benchmark NZSX-50 index closed up 5.57 points, or 0.2 per cent, at 2827.97.

Market Wrap - Morning

AAP  |  FRIDAY, 1 MAY 2009
... 564.04 points, or 3.77 per cent, to 15,520.99. WELLINGTON - The New Zealand sharemarket leapt as the Reserve Bank of New Zealand lowered the official cash rate 50 basis points to 2.5 per cent. The central bank said rates would remain at or below that ...

Market Wrap - Morning

AAP  |  THURSDAY, 30 APR 2009
... WELLINGTON - Leading stock Telecom continued to edge ahead on good volume in a steady market ahead of the Reserve Bank of New Zealand's interest rate decision on Thursday. The benchmark NZSX-50 index rose 13.27 points, or 0.49 per cent, to 2699.713.

The power of optimism

BENJAMIN ONG  |  MONDAY, 16 MAR 2009
... quantitative easing and is buying gilts directly. The reason why the Swiss National Bank (SNB) and the Reserve Bank of New Zealand (RBNZ) lowered interest rates again last week. Even Australia has had bad news which the market chose to ignore. The All ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
... of 50 basis points each in October and November are seemingly having no impact. And we thought the Reserve Bank of New Zealand already took a chainsaw to interest rates with its 150 basis point reduction mid-week. In less than a fortnight, it will be ...

Market Wrap - Morning

AAP  |  FRIDAY, 24 OCT 2008
... points to 13,760.49. WELLINGTON - The New Zealand sharemarket plunged again today, even after the Reserve Bank of New Zealand cut the official cash rate by a full percentage point to 6.5 per cent. The benchmark NZSX-50 index closed down 92.059 points ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 OCT 2008
... WELLINGTON - Shares posted healthy gains today ahead of an expected large interest rate cut by the Reserve Bank of New Zealand this week. The benchmark NZSX-50 index closed up 81.155 points, or 2.889 per cent, at 2889.92.

Market Wrap - Morning

AAP  |  MONDAY, 15 SEP 2008
... today, the Australian Bureau of Statistics will release dwelling unit commencements data for June. Reserve Bank of New Zealand assistant governor Dr John McDermott speaks at an Australian Business Economists lunch on "Monetary Policy Issues in New Zealand". ...

Stagflation policy conundrum

BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
Desperate times need desperate measures. The Reserve Bank of New Zealand (RBNZ) announced a surprise 50 basis point reduction in its benchmark interest rate as the domestic economy looks increasingly headed for a recession. With recession staring the ...