Dollar weakness is the market's warning
Our dollar has fallen a lot since 24 August. On 30 September it was down 6% against the US dollar, 3.2% against the Australian dollar and 4.8% against the Reserve Bank's basket of currencies. Read more
Our dollar has fallen a lot since 24 August. On 30 September it was down 6% against the US dollar, 3.2% against the Australian dollar and 4.8% against the Reserve Bank's basket of currencies. Read more
Imagining 19th-century schooling might bring to mind characters like Thomas Gradgrind from Charles Dickens' novel Hard Times. Gradgrind was a disciplinarian, obsessed with drilling facts into pupils' resistant brains. Read more
Five weeks out from an election, bottom lines are everywhere. Almost every minor party has one. Read more
Might the plunge in the value of the New Zealand dollar in the last five weeks make you poorer? The reason for asking is that, on 29 September, a New Zealand dollar bought 5.1% fewer US dollars than on 24 August, 3.1% fewer Australian dollars and 4.6% fewer units of the Reserve Bank’s basket of currencies. Read more
| GDP Quarterly Change: | 0.60% |
|---|---|
| Inflation: | 3.94% |
| Optimal OCR: | 2.57% |
| Optimal OCR Gap: | 0.07% |
| Forecasted OCR Change: | 0.25% |