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Bank of New Zealand - Latest News [Page 9]
BNZ Weekly and Offshore Overviews May 8 2008
Friday, 9 May 2008, 10:12 am | Bank of New Zealand
This has been a very interesting week with important implications for the economy, interest rates and the exchange rate. First, overseas credit conditions have been easing slightly in recent weeks and this has produced some mild downward pressure ... More >>
BNZ Monthly Confidence Survey Results May 3 08
Monday, 5 May 2008, 9:53 am | Bank of New Zealand
The BNZ monthly survey of Weekly Overview readers has revealed a small decline in pessimism for the second month in a row. A net 49% of respondents expect the economy to get worse over the coming year compared with 55% early in April and 62% in March. ... More >>
BNZ Weekly and Offshore Overviews April 23 2008
Thursday, 24 April 2008, 9:44 am | Bank of New Zealand
This week we spend the first few pages of the WO examining the retail sector. We look at why growth rates since 2001 could never be sustained, which store types tend to experience the greatest activity decline in a recession and which skate along ... More >>
Bank of New Zealand Appoints New Directors
Monday, 14 April 2008, 5:10 pm | Bank of New Zealand
Bank of New Zealand has appointed Stephen Moir and Dr Andy Pearce as non-executive directors, effective April 14th. More >>
BNZ Weekly and Offshore Overviews April 11 2008
Friday, 11 April 2008, 10:26 am | Bank of New Zealand
Over the past week in New Zealand we have seen more bad sentiment readings for the business sector and some shocking data on the Auckland housing market. In spite of this the NZD has risen over one cent against the greenback partly on the back of ... More >>
Confidence Survey - Pessimism Eases!
Monday, 7 April 2008, 9:54 am | Bank of New Zealand
There was a tremendous response producing lots of comments about conditions in a wide range of industries, including two pages on the real estate market. The overall sentiment indicator for the economy remains poor at a net 55% pessimistic. But in ... More >>
BNZ Weekly and Offshore Overviews April 3 2008
Friday, 4 April 2008, 9:51 am | Bank of New Zealand
In this week's Overview we again take a look at the necessary evil that is a weak economy and consider ways in which you might benefit from it. We reiterate our encouragement to exporters to hang in there, relief is coming though it will initially be a bumpy ... More >>
BNZ Monthly Survey Results March 10 2008
Monday, 10 March 2008, 1:00 pm | Bank of New Zealand
Please find attached the results of our monthly survey of the confidence of Weekly Overview readers. There has been a further deterioration in sentiment with a net 62% of respondents expecting the economy to get worse over the coming year from 46% ... More >>
BNZ Weekly and Offshore Overviews Feb 28 2008
Thursday, 28 February 2008, 4:24 pm | Bank of New Zealand
The NZD has hit a new post-float high above 82.1 cents this week on its way possibly higher yet. The strength in the NZD is unsurprising and in line with the warning we have been delivering since 69 cents last September. Namely that with support from ... More >>
BNZ Weekly and Offshore Overviews, Feb 21 2008
Thursday, 21 February 2008, 4:48 pm | Bank of New Zealand
The main thread of discussion around the world this week has been about inflation. The US rate has lifted to 4.4%, China's inflation rate is now 7.1%, the EU rate is well above the 2% target at 3.2%, and Australia's underlying rate is above 3.5%. ... More >>
BNZ Monthly Confidence Survey results Feb12 2008
Tuesday, 12 February 2008, 10:29 am | Bank of New Zealand
Attached you will find the results of our first survey of the confidence of Weekly Overview readers for 2008. Strong pessimism has returned with a net 46% of respondents expecting the economy to deteriorate over the coming year compared with a net 15% ... More >>
BNZ Weekly and Offshore Overviews 7 Feb 08
Thursday, 7 February 2008, 4:29 pm | Bank of New Zealand
This week New Zealand wholesale interest rates and our currency have moved higher partly in response to this morning's labour market report showing record low unemployment at 3.4% and jobs growth of 23,000 people in the quarter being four times what us ... More >>
BNZ Weekly and Offshore Overviews Jan 31 2008
Thursday, 31 January 2008, 5:27 pm | Bank of New Zealand
This week for New Zealand we have learnt that residential construction is falling away, non-residential construction activity still looks okay, export growth is shooting through the roof led by the dairy sector, lending growth to households is finally ... More >>
Bank of New Zealand Repositions Rates
Wednesday, 30 January 2008, 4:31 pm | Bank of New Zealand
Bank of New Zealand have repositioned their rates today, reflecting the higher cost of short term funding. Variable home loan rates and selected credit card rates will go up (by 14 bps and 100 bps respectively.) More >>
Help save kiwi for Christmas
Monday, 17 December 2007, 10:52 am | Bank of New Zealand
This year BNZ has created a Christmas gift to help protect the environment through raising funds for kiwi recovery which in turn regenerates native habitats. More >>
December 13 Edition Of The BNZ Weekly Overview
Friday, 14 December 2007, 10:08 am | Bank of New Zealand
This will be the last edition of the Weekly Overview for this year. Many thanks to all who have contributed to our monthly Confidence Survey and others who have given emailed feedback over the year. Next year we are contemplating splitting the Weekly ... More >>
BNZ Weekly Overview - December 6 2007
Thursday, 6 December 2007, 2:11 pm | Bank of New Zealand
This week we are running our last survey for the year. If time permits please click on the URL below and let us know whether you think the economy will get better or worse over the coming year. More importantly let us know how things are in your industry ... More >>
November 29 Edition Of The BNZ Weekly Overview
Friday, 30 November 2007, 9:07 am | Bank of New Zealand
This week we have seen the Kiwi dollar rise back to 77.0 US cents on the back of a sharp recovery in world sharemarkets overnight caused by increased optimism about the Federal Reserve cutting interest rates again come December 11. Oil prices have ... More >>
November 22 Edition Of The BNZ Weekly Overview
Friday, 23 November 2007, 11:00 am | Bank of New Zealand
There was no Weekly Overview last week as I was in Japan but this week we have a look at some of the similarities and differences between the New Zealand and Japanese economies and the main points of discussion amongst delegates at the 34th Japan New ... More >>
BNZ Monthly Confidence Survey - November 2007
Tuesday, 6 November 2007, 9:57 am | Bank of New Zealand
Our monthly confidence survey has revealed a net 3% of respondents expect the economy will deteriorate over the coming year. This is a slight decline from a net 2% positive in October but is still the fourth highest reading since the survey started in 2005. ... More >>
