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Reserve Bank of Australia

NZ Dollar Recovers Weekend Losses To Close Little Changed

NZ Dollar Recovers Weekend Losses To Close Little Changed
Wellington, Oct 19 NZPA - The NZ dollar started the week off on a more subdued note after rising to near US75c last week.

NZ Dollar Back To Around US74c As Greenback Recovers A Bit

NZ Dollar Back To Around US74c As Greenback Recovers A Bit
Wellington, Oct 19 NZPA - The NZ dollar was buying around US74c by today's local open, having fallen from near US75c on Friday afternoon as the greenback recovered some of its losses.

NZ Dollar Nudges US75c Then Eases Back

Wellington, Oct 16 NZPA - The New Zealand dollar pushed right up against the US75c figure today on ongoing demand for high yielding currencies then eased back.

ASB Raises Fixed Mortgage Rates

Wellington, Oct 16 NZPA - ASB Bank has raised its fixed mortgage rates today. The move comes at a time when interest rates in the wholesale money market are rising.

NZ Dollar Rises As Investors Anticipate Earlier Rate Rise

NZ Dollar Rises As Investors Anticipate Earlier Rate Rise
Wellington, Oct 15 NZPA - The New Zealand dollar rose to its highest level since July 2008 after higher-than-expected inflation data caused investors to bring forward expectations for New Zealand's first official interest rate hike.

RBA Chief Says Rate Rise Was Necessary

Sydney, Oct 15 AAP - Reserve Bank of Australia (RBA) governor Glenn Stevens says it was prudent for the central bank to raise rates last week.

Kiwi Briefly Above US74.50c As Risk Appetite Rises

Kiwi Briefly Above US74.50c As Risk Appetite Rises
Wellington, Oct 9 NZPA - The New Zealand dollar squeaked briefly above US74.50c for the first time in more than 14 months as some good economic news pushed investors towards riskier assets.

NZ Dollar Rises Through US74c As Australian Dollar Takes Off

NZ Dollar Rises Through US74c As Australian Dollar Takes Off
Wellington, Oct 8 NZPA - The New Zealand dollar rose through the US74c figure today after a "monster" employment report in Australia increased optimism about economies in this part of the world.

NZ Sharemarket Edges Up Early

NZ Sharemarket Edges Up Early
Wellington, Oct 7 NZPA - The New Zealand sharemarket only managed to edge up in early trade, despite strong gains in stocks in the United States. Around 10.15am the benchmark NZSX-50 index was up 3.48 points to 3155.03, having gained 12.8 points yesterday.

NZ Sharemarket Posts Modest Gains

NZ Sharemarket Posts Modest Gains
Wellington, Oct 6 NZPA - The New Zealand sharemarket posted modest gains on a day in which investors were focused mostly on the Australian interest rate decision. The benchmark NZSX-50 index closed up 12.826 points, or 0.409 percent, at 3151.548.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.