Economy

Finance Minister Bill English (Rob Hosking)

Budget 2015: $4.5 billion shaved off tax forecasts, says English

Fri 1 May 15 2

Nominal GDP now forecast to be 1.5% lower than expected, equating to $15 billion less – or more than half the GFC’s impact.

 

Rob Hosking breaks down the political and economic week that was on NBR Radio, and on-demand on MyNBR Radio.

Reserve Bank governor Graeme Wheeler (Rob Hosking)

RBNZ: Wheeler inches toward interest rate cut

Thu 30 Apr 15 8

The Reserve Bank governor has abandoned his previous policy of a stable OCR.

Reserve Bank governor Graeme Wheeler (Rob Hosking)

Interest rates: RBNZ's tactical vagueness to remain

Tue 28 Apr 15

Prospects of an interest rate cut may have been over-interpreted by financial markets.

Westpac Banking Corp chief economist Dominick Stephens

Reserve Bank likely to confirm no rate hike in this week’s OCR review

Tue 28 Apr 15

Wheeler is expected to keep the OCR unchanged at 3.5% on Thursday.

RBNZ Deputy Governor Grant Spencer and Reserve Bank governor Graeme Wheeler (Rob Hosking)

Jawboning a capital gains tax

Wed 22 Apr 15 1

A rise of 13% in Auckland’s median house price to $720,000 this month from $637,000 in March last year has prompted the bank to look at policy choices to dampen the market’s heat.

RBNZ Deputy Governor Grant Spencer and Reserve Bank governor Graeme Wheeler (Rob Hosking)

Inflation slump creates more pressure on housing crisis

Tue 21 Apr 15

Auckland house prices continue to soar as inflation slumps to its lowest level in 15 years.

 

To hear more from Chris Hutching tune into Property Talk on NBR Radio, and on-demand on MyNBR Radio.

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