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Alan Bollard

NZ Dollar Surges After Interest Rate Decision

NZ Dollar Surges After Interest Rate Decision
Wellington, Dec 10 NZPA - The New Zealand dollar surged after the Reserve Bank kept the official cash rate (OCR) at 2.5 percent but suggested it could start hiking rates earlier than previously indicated.

NZ OCR Unchanged At 2.5 Percent

NZ OCR Unchanged At 2.5 Percent
Wellington, Dec 10 NZPA - Reserve Bank Governor Alan Bollard has left official interest rates unchanged at 2.5 percent, but is now indicating the first rate rise could be as soon as the middle of 2010, and looks to be giving himself even more flexibility.

Goff Says End Of Consensus On Monetary Policy

Goff Says End Of Consensus On Monetary Policy
Wellington, Nov 19 NZPA - A Labour Government would make "significant change" to monetary policy, but leader Phil Goff will not say what those changes might be. Mr Goff said today he was ending a 20-year political consensus between Labour and National on monetary policy.

ANZ Economists Expect Tightening Of Tax Rules Affecting Property

ANZ Economists Expect Tightening Of Tax Rules Affecting Property
Wellington, Nov 16 NZPA - Some tightening of tax rules surrounding property is inevitable, ANZ economists say. In ANZ's weekly Market Focus newsletter, they said that while prices in the housing market may be up, volumes and average days to sell had stabilised in the past few months.

As House Prices Keep Rising, Can RBNZ Contain Upswing

As House Prices Keep Rising, Can RBNZ Contain Upswing
Wellington, Nov 13 NZPA - Further evidence of rising house prices is raising questions about the Reserve Bank's ability to contain the upswing.

RBNZ Governor Warns Of Property Boom Risks

RBNZ Governor Warns Of Property Boom Risks
Wellington, Nov 11 NZPA - Reserve Bank Governor Alan Bollard continues to warn of the risks of another property boom, pointing to the need to ensure the tax system does not advantage investment in property.

Reserve Bank Warns Against Return To Riskier Mortgage Practices

Reserve Bank Warns Against Return To Riskier Mortgage Practices
Wellington, Nov 11 NZPA - Reserve Bank Governor Alan Bollard warned of the need to avoid a return to a "debt-fuelled housing cycle", as the bank published its six-monthly Financial Stability Report today.

NZ Dollar Falls On Employment Data And Bollard Comments

NZ Dollar Falls On Employment Data And Bollard Comments
Wellington, Nov 5 NZPA - The New Zealand dollar took a step lower today on disappointing employment data, then another step down on comments by Reserve Bank governor Alan Bollard.

RBNZ's Bollard Warns About NZ Dollar Cross-Rate Vs Aussie

RBNZ's Bollard Warns About NZ Dollar Cross-Rate Vs Aussie
Wellington, Nov 5 NZPA - Reserve Bank Governor Alan Bollard issued a warning to foreign exchange markets today, saying they need to differentiate between New Zealand and Australian economies.

NZ Dollar Rises As Greenback Safe Haven Appeal Eroded

NZ Dollar Rises As Greenback Safe Haven Appeal Eroded
Wellington, Nov 5 NZPA - The New Zealand dollar rose against the greenback as a rally in stocks and commodities eroded the safe-haven appeal of the United States currency.

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