The Latest Breaking News from RBNZ

The NZX50 records its first weekly ‘three-peat’ in a year, notching up a third consecutive week of gains to close at a 3-month high

An entire generation has never experienced life with high inflation. But that is set to change. Countries like Australia, Canada, the United Kingdom and others are reporting rising inflation. In New Zealand, inflation has climbed to its highest rate in 32 years. Our collective inexperience with the scourge of inflation,…

The New Zealand government extends cuts in fuel excise tax, road user charges and public transport fares until the end of January, as families struggle with higher living costs.

US sharemarkets erased a much of last week’s gains after a shockingly high inflation number, as the ASX200 spent most of the week consolidating its rally.

New Zealand’s unemployment rate hit a low of 3.2% in the fourth quarter of 2021 and again in the first quarter of this year. That’s the lowest the rate has been since at least 1986, both overall and separately for men (3.1% in both quarters) and women (3.3% in both…

New Zealand is about six months ahead of Australia in its moves to bring down inflation, so is looking across the ditch a glance into our future?

The ASX200 had its best week in three months, rising by 2.1 per cent, supported by the rebound on Wall Street and strong gains in IT stocks.

After winning the federal election, Anthony Albanese is promising action on climate change, greater gender equality and improved wage growth.

Reserve Bank ‘resolute in its commitment’ to keep inflation in the 1-3% target range, signalling further rate rises may still be needed

Mortgage holders in New Zealand are bracing themselves for another cash-rate hit from the Reserve Bank.

With the uncertainty of a hung parliament removed, the Australian market stands a good chance of a relief rally as money managers put cash to work.