Reserve Back News Today

The National Party leader says interest rates will have to go up because of the government's wasteful spending.

National Party leader Christopher Luxon says interest rates will have to go up because of the governments wasteful spending

The National Party leader says interest rates will have to go up because of the government's wasteful spending.

The Australian unemployment rate held steady at a 13-year low of 4.2 per cent in January, while the number of people employed rose by 12,900.

The Reserve Bank of Australia says better-than-expected progress has been made on its goals for employment and inflation, which is why the board decided to end monet...

Jacinda Ardern is warning New Zealanders of the “repercussions” for breaking the rules around Covid-19. It was revealed today an Auckland KFC worker has tested positive for the coronavirus, after entering quarantine earlier this week (see the 1.45pm update). Speaking to media, the prime minister said the latest case “should have” stayed home. “Ultimately, we’re asking now of course now that we’re dealing with the fact that that situation arose, for everyone who may have come in co...