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NZ Retail Sales Volumes Down 0.9 Pct In Sept Quarter

Wellington, Nov 13 NZPA - Retail sales fell a seasonally and inflation-adjusted 0.9 percent in the September quarter as vehicle sales continued to suffer in a faltering economy.

Consumer Confidence Surges

Wellington, Sept 24 NZPA - Consumer confidence seems to have become as volatile as financial markets with the Westpac McDermott Miller Index of confidence staging a record rebound out of a slump.

Dire Consumer Confidence Fails To Dent NZ Dollar

Wellington, June 25 NZPA - Dire consumer confidence data failed to knock the New Zealand dollar down against the greenback, although it weakened against the aussie today. Markets are on hold for the US Federal Reserve's decision on interest rates tomorrow morning NZ time.

NZ Dollar Remains Weak After Terms Of Trade Data

Wellington, June 11 NZPA - The New Zealand dollar picked up from a 6-1/2-year low against the Australian dollar and made ground on a strengthening greenback today after mixed terms of trade data.

More Mortgage Rate Rises Could Be On The Way

More Mortgage Rate Rises Could Be On The Way

Further Mortgage Rises Could Be On Way Amid World Credit Crunch

Wellington, March 19 NZPA - Homeowners could be facing further rises in mortgage interest rates as world credit markets remain under intense stress. Fixed two-year rates, which are now about 9.7 percent, could be pushed over 10 percent.