![New Zealand cuts spending plans as China, global economies slow](/i/c/b9dcf8c9-fe07-25e2-2455-92e34db6e5c1.webp)
New Zealand cuts spending plans as China, global economies slow
SYDNEY New Zealand said on Monday it would cut its future budget allowances, reduce spending on consultants and
2023-08-28 12:18
![NZ central bank leaves cash rate on hold at 5.5%, as expected](/i/c/0ce44525-ccb4-2a42-acc4-6f9ae59101a1.webp)
NZ central bank leaves cash rate on hold at 5.5%, as expected
By Lucy Craymer WELLINGTON New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, as
2023-08-16 10:53
![Reserve Bank of New Zealand: stress test shows life insurers can withstand shocks](/i/c/e2d6810e-d017-73aa-933f-9abab0b1674e.webp)
Reserve Bank of New Zealand: stress test shows life insurers can withstand shocks
By Lucy Craymer WELLINGTON Reserve Bank of New Zealand said on Tuesday that its first life insurance industry
2023-08-08 06:53
![New Zealand’s jobless rate rises, wage pressures ease, helping central bank](/i/c/3b68879e-1276-ff4f-7753-76579223a287.webp)
New Zealand’s jobless rate rises, wage pressures ease, helping central bank
By Lucy Craymer WELLINGTON (Reuters) -The New Zealand jobless rate hit a two-year high in the June quarter as strong
2023-08-02 11:49
![New Zealand Q2 CPI rises 1.1%, slightly faster than expected](/i/c/acbdae80-f17f-2851-cd9f-bf463f5e3cfc.webp)
New Zealand Q2 CPI rises 1.1%, slightly faster than expected
By Lucy Craymer WELLINGTON New Zealand's consumer inflation came in slightly above expectations in the second quarter, driving
2023-07-19 08:18
![New Zealand central bank to hold rates in July and for rest of 2023: Reuters poll](/i/c/8d701d5c-a2af-7263-1fce-1d01a1647367.webp)
New Zealand central bank to hold rates in July and for rest of 2023: Reuters poll
By Devayani Sathyan BENGALURU New Zealand's central bank will likely keep interest rates unchanged at 5.50% on Wednesday
2023-07-07 04:22
![New Zealand 2nd qtr business confidence continues to improve but still downbeat –think-tank](/i/c/1220d8cc-9d4c-5261-0d65-306de8a8034e.webp)
New Zealand 2nd qtr business confidence continues to improve but still downbeat –think-tank
By Lucy Craymer WELLINGTON New Zealand's business confidence in the second quarter continued to pick up from low
2023-07-04 06:53
![New Zealand passes law guaranteeing bank deposits up to NZ$100,000](/i/c/4b21f48c-e37a-2724-5a98-f24392150043.webp)
New Zealand passes law guaranteeing bank deposits up to NZ$100,000
SYDNEY New Zealand passed a law on Thursday guaranteeing bank deposits up to NZ$100,000 ($60,770), a move it
2023-06-29 14:47
![New Zealand business confidence improves in June- ANZ survey](/i/c/cd2471ee-711e-423f-df5c-557dcd7c0b7b.webp)
New Zealand business confidence improves in June- ANZ survey
SYDNEY New Zealand's business confidence improved in June, hitting the highest read since November 2021, while expected own
2023-06-29 09:21
![New Zealand to investigate profitability, competition at banks](/i/c/22616aea-ad25-1e23-1c8b-96a1acce3380.webp)
New Zealand to investigate profitability, competition at banks
SYDNEY New Zealand said on Tuesday it would examine the profitability of the country's banks and investigate whether
2023-06-20 09:16
![New Zealand first-quarter GDP shrinks 0.1%, country now in technical recession](/i/c/93642ca5-064c-eeb5-40e6-b54910e01a17.webp)
New Zealand first-quarter GDP shrinks 0.1%, country now in technical recession
WELLINGTON New Zealand's economy shrank in the last quarter as the central bank’s aggressive hiking of interest rates
2023-06-15 07:28
![New Zealand's economy likely in recession as rate hikes take hold](/i/c/8d07893a-65f9-84b1-4fed-352460025b9d.webp)
New Zealand's economy likely in recession as rate hikes take hold
By Lucy Craymer WELLINGTON The New Zealand central bank’s aggressive hiking of the cash rate likely pushed the
2023-06-13 09:48