New Zealand
New Zealand’s economy beating forecast, says finance minister
In preliminary forecasts, its Treasury is expecting a growth of 3% for each of the next two financial years, she notes
New Zealand reopens luxury housing market as rich foreigners eye havens
The country’s property sector has been in a multi-year slump
New Zealand house prices edge higher, while buyers stay cautious
Investors are betting the next rate move will be up, most likely before the end of this year
New Zealand pricing, wage expectations pose inflation threat
A net 84% expect to pay higher wages over the next year
Air New Zealand swings to wider-than-expected loss; undertakes strategic review
The airline did not declare an interim dividend
New Zealand retail spending beats estimates as economy recovers
Policymakers expect homeowners will roll over onto lower home-loan interest rates
New Zealand’s central bank done easing policy but risks are on both sides, top official says
[SYDNEY] New Zealand’s central bank is done cutting interest rates but there are risks on either side as policymakers gauge the strength of the consumer recovery and the path of inflation, said a top ...
New Zealand holds key rate, sees policy staying accommodative
The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year
New Zealand home prices dip in January, holiday lull hits demand
[SYDNEY] New Zealand home prices dipped in January as seasonal holiday patterns dampened demand and unusual severe weather across parts of the North Island disrupted activity, the Real Estate Institut...
New Zealand net migration sinks to lowest level in more than a decade
The Kiwi exodus across the Tasman Sea is emerging as a key issue in the country’s Nov 7 general election