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Freeman Media is pleased to announce the appointment of Kate Gudsell to the position of senior business journalist, working on mining and quarrying website Inside Resources.
The NZD underperformed on Friday night along with its commodity-linked peers (CAD, AUD). The NZD/USD ended the week at 0.8150.
REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 5,481 dwelling sales in the month of August, down 16.3% on August 2013 and down 7.0% compared to July.
Food prices rose 0.3 percent in August 2014, Statistics New Zealand said today. This rise follows a 0.7 percent fall in July and a 1.4 percent rise in June.
NZD/USD continues to break lower, with the 0.8200 level broken on the back of a much more cautious RBNZ. The NZD is 0.6% weaker against the USD this morning, sitting at 0.8175.
The Boards of the Registered Master Builders Association (RMBA) and Master Build Services Ltd (MBS) are pleased to announce the appointment of David Kelly as their new Chief Executive.
The Reserve Bank of New Zealand (RBNZ) announced today the OCR would remain unchanged at 3.5%.
Xero has today welcomed KPMG New Zealand as a national group platinum partner.
This follows the recent announcement that Xero has formed a strategic alliance with KPMG in the UK.
Statement issued by Reserve Bank Governor Graeme Wheeler:
The Reserve Bank today left the Official Cash Rate unchanged at 3.5 percent.
NZD/USD looked to test 0.82 last night, but bounced to sit at 0.8240 currently, down 0.1% for the day.
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