Businesses are paying bills at the fastest pace in a decade, according to new figures.
The cooperative said it's considering an issue of senior fixed-rate bonds with a maturity date of March 2023.
The David and Goliath saga, which started in the High Court today, is being watched closely by the banking sector.
Labour cost index shows private sector wages rose 0.3 percent in the first quarter.
Financial markets will now shift their speculation to an Aussie interest rate cut on 5 May.
Mr Hawkesby says it could result in New Zealand’s long-term interest rates rising back up.
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