New Zealand
New Zealand central bank governor still expects economic growth in 2026
[WELLINGTON] New Zealand Reserve Bank Governor Anna Breman said on Thursday that she still expected to see the country’s economy grow in 2026, particularly if the ceasefire in the Middle East holds.
New Zealand holds rates at 2.25%, warns of risks to inflation and growth from Iran war
[WELLINGTON] New Zealand’s central bank kept its policy rate at 2.25 per cent on Wednesday (Apr 8) for a second straight meeting, choosing to sit tight as it gauges the economic fallout from the Middl...
Air New Zealand hikes fares, cuts flights as fuel costs more than double on Iran war
AIR New Zealand said on Tuesday it would slash flights across May and June as well as hike fares, as the Iran war disrupts global air travel and sends jet fuel costs higher.
Australian, NZ dollars hit two-month trough as global outlook darkens
[SYDNEY] The Australian and New Zealand dollars were pinned near two-month lows on Friday as fears of a lengthy energy shock from the Middle East conflict darkened the outlook for global growth and th...
New Zealand central bank warns prolonged energy shock could force rate hikes
[AUCKLAND] The head of New Zealand’s central bank said on Tuesday that monetary policy would look through a temporary spike in energy costs from the conflict in the Middle East but higher rates could ...
New Zealand yields hit highest since 2024 on outlook cut, oil
Global bonds have come under renewed pressure as the conflict in the Middle East shows no sign of de-escalation
New Zealand economy grows in fourth quarter but is weaker than expected
The country’s central bank has cut the official cash rate by 325 basis points since August 2024
New Zealand forecasts inflation at 3.7% if Iran war lasts through the year
NEW Zealand Finance Minister Nicola Willis said on Monday the country’s treasury department has forecast that inflation will rise to 3.7 per cent if the Iran war lasts through the year.
New Zealand home prices rise in February, sales steady
Major regions including Auckland, recorded their strongest February sales levels in about five years
New Zealand’s manufacturing activity steady in February: survey
[SYDNEY] New Zealand’s manufacturing index was nearly unchanged in February and remained above average as activity showed a consistent level of expansion, a survey showed on Friday.