Nz Dollar
Mortgage broker says OCR cut good for home buyers
The impact from the central bank's rate cut is already being felt on people's pockets as retail banks cut floating mortgage rates. The governor of the Reserve Bank, Graeme Wheeler, cut the official… Audio
Evening Business for 11 June 2015
News from the business sector including a market report. Audio
Banks rush to slash mortgage rates after OCR cut
Banks have rushed to slash their mortgage rates after the central bank cut the Official Cash Rate for the first time in more than four years. The Reserve Bank Governor, Graeme Wheeler, says the… Audio
Economist sees sting in the tail of RBNZ's rate cut
An economist says the Reserve Bank has succeeded in driving the New Zealand dollar down, but warns it could come at a big price. Audio
Dollar falls after OCR cut
The dollar has fallen 2% after the Reserve Bank cut the cost of borrowing and indicated more reductions may be needed. Audio
NZD rises more than one and half cents against the US dollar
The New Zealand dollar has jumped following weaker than expected retail sales figures in the United States. Audio
NZD falls
The New Zealand dollar has fallen after more economists bet the Reserve Bank would cut the official cash rate as early as June. Audio
NZD falls following RBNZ decision to leave OCR unchanged
But first, the New Zealand dollar fell more than one cent against the US dollar to 75.90 cents this morning, after the Reserve Bank left the official cash rate unchanged at 3-point-5 percent and… Audio
Manufacturers make the most of a high NZD
The manufacturing sector is making the best of a high New Zealand dollar by ramping up investment in imported plant and materials. Audio
NZ dollar looks set to rise against the US dollar
The New Zealand dollar is on the rise against the US dollar, after disappointing American economic data suggests the Federal Reserve will keep short-term interest rate hikes on hold for awhile longer.
…Exporters squeezed as biggest export market weakens
As the New Zealand dollar edges towards parity with the Australian, exporters are continuing to feel the squeeze. Audio
Consumer NZ says taxes online shoppers isn't a good idea
The New Zealand dollar has risen about a cent against its US counterpart after positive retail spending figures in the United States. Audio
Kiwi rises after positive US retail figures
The New Zealand dollar has risen about a cent against its US counterpart after positive retail spending figures in the United States. Audio
Two economic analysts talk currency
The Finance Minister, Bill English, told Morning Report that export-related jobs could be at risk as the New Zealand dollar nears parity with its Australian counterpart. Audio
Aust. commentators still expect interest rate cut next month
The New Zealand dollar has dropped slightly against Australia's currency after the Reserve Bank of Australia decided yesterday to keep its official cash rate at its record low of 2.25 percent. Audio
Finance Minister would've felt 'some satisfaction'
The Finance Minister, Bill English, is planning to visit Australia in the coming weeks to get a better idea about what's happening to its economy. Audio
No cheap Australian goods for shoppers just yet
Retailers and economists say it will take a while for shoppers to see goods imported from Australia drop in price, if at all. Audio
NZ dollar could remain elevated against Australian for awhile
Most economists think the New Zealand dollar is overvalued, but say that isn't going to stop the currency from achieving parity with the Australian dollar sometime soon. Audio
Labour: A high Kiwi is holding exporters and incomes back
Labour fears New Zealand's exporters and incomes will be left behind as the Kiwi dollar nears parity with the Australian. Audio
The dollar has stepped back from parity with the Australian
The dollar has stepped back from parity with the Australian today after the reserve bank governor across the Tasman, against all expectations, decided not to drop interest rates. Audio