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John Walley

NZ dollar consolidates against US dollar ahead of US data

NZ dollar consolidates against US dollar ahead of US data
Wellington, Oct 8 NZPA - The New Zealand dollar consolidated around US75c today as investors took profits in the US dollar market ahead of a US payrolls report tonight.

Cash rate lifted to 3 percent, but caution knocks currency

Cash rate lifted to 3 percent, but caution knocks currency
Wellington, July 29 NZPA - The Reserve Bank of New Zealand (RBNZ) lifted the official cash rate (OCR) 25 basis points to 3 percent but caught financial markets on the hop by hinting it may pause in future due to the weakness of the recovery.

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.

Change lending rules - manufacturers and exporters' group

Change lending rules - manufacturers and exporters' group
By Dave Williams of NZPA Wellington, May 19 NZPA - Reserve Bank Governor Allan Bollard says he will not crack the whip on banks to try to force them to lend to businesses to promote economic recovery -- amid a call for rule changes to promote business lending.

Westpac Economists Warn Against Lower OCR To Get NZ Dollar Down

Westpac Economists Warn Against Lower OCR To Get NZ Dollar Down
Wellington, Aug 10 NZPA - Economists at Westpac bank have issued a warning against calls for the Reserve Bank to lower the official cash rate (OCR) in a bid to weaken the New Zealand dollar.

Manufacturers And Exporters Assn Members Support Bank Inquiry

Manufacturers And Exporters Assn Members Support Bank Inquiry
Wellington, July 2 NZPA - An inquiry into the financial sector would be supported by 86 percent of members of the New Zealand Manufacturers and Exporters Association (NZMEA) who responded to a survey.

Manufacturers Group Supports Mandatory Food Labels

Manufacturers Group Supports Mandatory Food Labels
Wellington, June 24 NZPA - Voluntary country of origin labelling on food is of little benefit to consumers who have to guess where products come from, the New Zealand Manufacturers and Exporters Association (NZMEA) says.

Business Group Endorses Whitehead's Call For Change

Business Group Endorses Whitehead's Call For Change
Wellington, June 4 NZPA - A business group today endorsed a call from Treasury Secretary John Whitehead for significant reform of the taxation system.

Budget Fails To Promote Growth, Manufacturers Say

Budget Fails To Promote Growth, Manufacturers Say
Wellington, May 29 NZPA - The Government's budget fails to promote real economic growth, the New Zealand Manufacturers and Exporters Association (NZMEA) says.

Wishlist Grows Ahead Of Government's Budget On Thursday

Wishlist Grows Ahead Of Government's Budget On Thursday
Wellington, May 26 NZPA - The wish list and suggestions is growing ahead of the National Government's first budget on Thursday.

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