Wellington, Oct 9 NZPA - The Reserve Bank's (RBNZ) annual net profit rose about 70 percent to $906 million from $535m a year earlier, while its dividend to the Government almost quadrupled to $630m from $168m.
By Ian Llewellyn of NZPA
Wellington, Nov 26 NZPA - The Government's December stimulus package will inject about $7 billion into the economy over two years, Finance Minister Bill English said today.
Wellington, Nov 12 NZPA - While turmoil reigns in world financial markets, the Reserve Bank is making reassuring comments that this country's financial and payments systems have held up well.
Wellington, Oct 21 NZPA - South Island listed companies have run out of steam, succumbing to the worldwide upheaval in financial markets, according to a "South Island Index" issued today.