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The May Budget and Reserve Bank meeting were both important for the economic outlook. Here are five key takeaways coming out the other side. Interest rate risks tilt higher for longer…but how long is “longer”? Despite economic activity undershooting ...
Business Scoop provides news and views on Business and Markets from New Zealand
Changed interest rate track threatens US REITs; Japanese 10yr bond yields top 1%; Taiwan sentiment rises; China profits stay low; UST 10yr 4.46%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 70.7
BNZ economists now expect house prices to rise just 2% in 2024, down from an earlier forecast of 5% and say even the latest lower forecast has 'downside risk'
It has been revealed that Christopher Luxon receives $52,000 a year from the taxpayer to pay for him staying in his own apartment.