NZ dollar gains against Aussie as OCR cut expectations wane

Jenny Ruth
Fri, 08 Nov 2019

The New Zealand dollar rose against the Australian dollar as traders became less certain that the Reserve Bank will cut interest rates next week and after Australia's central bank cut its growth and inflation forecasts. The kiwi was trading at 92.46 Australian cents at 5:05pm in Wellington from 92.08 at 7:50am. It was unchanged at 63.63 US cents, but well down from the close in New York last Friday at 64.26 cents. "The market's going, 'maybe we should be a bit more circumspect'" about the chances the RBNZ will cut its official cash rate a...
Trans-Tasman bubble details imminent - Canberra airport seeks attention
Pattrick Smellie | Thu, 04 Jun 2020

A detailed set of proposals for the creation of a trans-Tasman travel 'bubble' is due to be delivered to the New Zealand and Australian governments later today or tomorrow by the peak business body th...

Covid-19 hit: not as bad as we expected?
Rebecca Howard | Thu, 04 Jun 2020

Signs are emerging that the economic hit from covid-19 might not be as bad as expected, although what actually happens is far from clear.

Fonterra appears to have seen the error of its ways on bill paying
Jenny Ruth | Thu, 04 Jun 2020

Fonterra appears to have seen the error of its ways when it come to paying its bills, if Small Business Minister Stuart Nash is to be believed.

Telcos in lockdown, and beyond

Geoff Thorn, CEO, NZ Telecommunications Forum says modern connectivity was a major benefit during lockdown, so it’s important to ensure long term sustainability of the networks