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Alan Bollard

Governor lifts cash rate

Governor lifts cash rate
Wellington, June 10 NZPA - The Reserve Bank has edged its key interest rate up, after holding it at a record low for 13 months to fight the impacts of the global financial crisis.

NZ interest rate rise likely but still a close call

NZ interest rate rise likely but still a close call
Wellington June 4 NZPA - Australia this week paused after hiking its official cash rate six times to 4.5 percent, but New Zealand will likely start raising its rate next week.

Key defends GST and other hikes

Key defends GST and other hikes
Wellington, May 24 NZPA - Households hit by rising costs would be worse off under Labour, Prime Minister John Key said today in the wake of a budget that will see GST increase to 15 percent in October.

NZ dollar falls below US69c on investor fear

NZ dollar falls below US69c on investor fear
Wellington, May 19 NZPA - The New Zealand dollar fell to its lowest level since February today as nervous investors continued to get out of investments they regarded as risky.

Financial system outlook improved - Bollard

Financial system outlook improved - Bollard
Wellington, May 19 NZPA - The financial system has improved over recent months reflecting a healthier New Zealand economy driven by stronger trade performance, Reserve Bank Governor Alan Bollard said today.

NZ dollar recovers some of plunge but uncertainty continues

NZ dollar recovers some of plunge but uncertainty continues
Wellington, May 7 NZPA - The New Zealand dollar had an extremely volatile session absorbing the fallout from the huge fall in US equities just before this market opened.

NZ dollar plunges amid market fears

NZ dollar plunges amid market fears
Wellington, May 7 NZPA - The New Zealand dollar plunged against the currencies of the United States and Japan as fears of contagion stemming from the Greek debt crisis escalated.

NZ sharemarket down on day of positive economic news

NZ sharemarket down on day of positive economic news
Wellington, May 6 NZPA - The New Zealand sharemarket's benchmark index fell to a near seven week low today as investors focused on the implications of the Greek debt crisis even though the economic news in New Zealand was positive.

NZ dollar surges after stunning jobless figure, Bollard speech

NZ dollar surges after stunning jobless figure, Bollard speech
Wellington, May 6 NZPA - The New Zealand dollar surged today when a stunningly low unemployment figure and a speech by the Reserve Bank of New Zealand (RBNZ) Governor Alan Bollard left investors in no doubt that the official cash rate will rise in June.

NZ dollar surges after stunning jobless figure, Bollard speech

NZ dollar surges after stunning jobless figure, Bollard speech
Wellington, May 6 NZPA - The New Zealand dollar surged today when a stunningly low unemployment figure and a speech by the Reserve Bank of New Zealand (RBNZ) Governor Alan Bollard left investors in no doubt that the official cash rate will rise in June.

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