Bank of New Zealand - Latest News [Page 8]
BNZ Weekly Overview and Offshore Overview 10/12/08
Thursday, 11 December 2008, 9:57 am | Bank of New Zealand
This week's issues are being sent one day early as one will be on annual leave tomorrow. We've learnt little new about the New Zealand economy over the past week. Residential construction activity fell away strongly during the September quarter while non-residential ... More >>
BNZ Weekly + Offshore Overviews, 27/11/08
Friday, 28 November 2008, 10:15 am | Bank of New Zealand
The week started off very badly internationally with fresh worries about world growth leading to relatively sharp declines in sharemarkets. But over the weekend the announcement from President-elect Obama that he is considering a fiscal stimulus plan aimed at ... More >>
BNZ Weekly Overview and Offshore Overview 20/11/08
Friday, 21 November 2008, 9:24 am | Bank of New Zealand
Sharemarkets have weakened around the world again over the past week with yet more deepening of concern for the global economy over 2009. Forecasters are falling over themselves to downgrade predictions for growth in all economies next year and there ... More >>
BNZ Weekly Overview and Offshore Overview 13/11/08
Friday, 14 November 2008, 9:52 am | Bank of New Zealand
This week wholesale interest rates in New Zealand have declined at a relatively rapid pace in anticipation of the Reserve Bank cutting the official cash rate strongly come December in response to the continuing deterioration in growth prospects offshore. ... More >>
BNZ Monthly Survey Results - Nov 2008
Monday, 10 November 2008, 2:30 pm | Bank of New Zealand
Our monthly survey of Weekly Overview readers has revealed a deterioration in sentiment about the New Zealand economy. A net 40% of respondents to the survey sent out on Thursday night expect the economy will get worse over the coming year. The result ... More >>
BNZ Weekly + Offshore Overviews, 23/10/08
Friday, 24 October 2008, 11:09 am | Bank of New Zealand
The week started on a positive note internationally with evidence of the credit crisis easing causing rallies in sharemarkets. But surging concern about corporate earnings and the depth of the recession has seen markets decline. Because the Kiwi dollar ... More >>
BNZ Weekly Overview and Offshore Overview 9/10/08
Friday, 10 October 2008, 9:43 am | Bank of New Zealand
The deterioration in global financial markets has continued strongly over the past week with collapsing sharemarkets, major weakness in the Kiwi dollar at one point below 58.0 cents last night, and central banks forced to inject more money into their ... More >>
BNZ Monthly Survey Results: Pessimism Returns
Monday, 6 October 2008, 10:53 am | Bank of New Zealand
In recent weeks our September confidence survey and most others have shown a surprisingly strong leap in consumer and business sentiment about the economy over the coming year. Now, influenced by the financial problems overseas, we have seen pessimism ... More >>
BNZ Monthly Survey Results 8 Sept 2008
Monday, 8 September 2008, 10:30 am | Bank of New Zealand
Attached you will find the results of our monthly survey of weekly overview readers. There has been a sharp improvement in confidence over the past month to the highest level recorded since the survey started in 2005. Having said that the comments about ... More >>
August 21 2008 BNZ editions
Friday, 22 August 2008, 11:48 am | Bank of New Zealand
We haven't learnt very much new about the New Zealand economy over the past week. Retail spending has been confirmed as very weak over the June quarter while there are widespread expectations that house prices will decline. But this appears to be ... More >>
BNZ Weekly + Offshore Overviews, 14/08/08
Friday, 15 August 2008, 10:27 am | Bank of New Zealand
Our monthly confidence survey has shown a recovery in sentiment to its best level since November last year. However pessimism still prevails and short term prospects for the economy are still relatively poor for companies focused on retailing and ... More >>
BNZ Confidence Survey 9 August
Monday, 11 August 2008, 10:47 am | Bank of New Zealand
There has been a noticeable shift in sentiment recorded in our monthly survey of Weekly Overview readers. We can see the improvement most obviously in the net proportion of respondents expecting the economy to get better in the coming year improving to ... More >>
BNZ Weekly Overview
Sunday, 10 August 2008, 5:14 pm | Bank of New Zealand
The August 7 2008 editions of the BNZ Weekly Overview and Offshore Overview. BNZ WeeklyOverview BNZ offshore overview ENDS More >>
Weekly Overview and Offshore Overview July 31 2008
Thursday, 31 July 2008, 4:48 pm | Bank of New Zealand
Consistent with our survey result of a month ago another bank survey this afternoon has shown a small pullback in business confidence about the economy over the next 12 months. This week we have also learnt about weakness in residential and non-residential ... More >>
BNZ Weekly and Offshore Overview, July 17 2008
Friday, 18 July 2008, 10:31 am | Bank of New Zealand
Economic data releases have been thin on the ground both locally and overseas in the past week. Here in New Zealand we have learnt that inflation hit 4% in the year to June and on our calculations will reach 5% in three months time. Petrol prices ... More >>
BNZ encourages online customers to cut statements
Wednesday, 9 July 2008, 1:22 pm | Bank of New Zealand
Bank of New Zealand has launched an online campaign encouraging online banking customers to give up paper statements in return for a native tree. From this week until the end of September customers will be prompted to opt-into receiving online statements ... More >>
BNZ Monthly Survey Results July 5 2008
Monday, 7 July 2008, 10:40 am | Bank of New Zealand
After improving for three months in a row business confidence about where the economy will be in 12 months time has gone backwards over the past month. In our survey from Thursday night through Friday a net 43.9% of respondents said they expect the economy ... More >>
BNZ Weekly Overview, Offshore Overview July 3 2008
Friday, 4 July 2008, 11:39 am | Bank of New Zealand
Lots of pieces of data relevant to the New Zealand economy's performance have been released in the past week. We have learnt the economy shrank 0.3% over the March quarter and we think a similar decline will end up being reported for the June quarter. ... More >>
BNZ Weekly Overview, Offshore Overview June 26 08
Friday, 27 June 2008, 10:16 am | Bank of New Zealand
Tomorrow morning we expect data to be released showing the NZ economy shrank over the March quarter. Our economy has been hit by a large number of negative factors just when tight monetary policy was finally becoming effective in slowing growth. ... More >>
BNZ Weekly and Offshore Overviews May 22 2008
Friday, 23 May 2008, 9:57 am | Bank of New Zealand
The government revealed some larger than expected tax cuts in today’s Budget which because of the extra support implied for growth and inflationary pressures has pushed wholesale interest rates up from a week ago and seen the NZD end three cents ahead ... More >>