N. Zealand c. bank cuts interest rates to 4.75%
The Reserve Bank of New Zealand (RBNZ) announced a significant reduction in the official cash rate (OCR) to 4.75…
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new zealand
NZ, UAE to boost exports, supply chains
New Zealand has reached a trade agreement with the United Arab Emirates (UAE) that aims to enhance economic…
NZ’s economy shrinks 0.2% Q2 ’24 – data
New Zealand's economy contracted by 0.2 per cent in the June 2024 quarter, following a slight increase of 0.1 per…
NZ’s net external debt widens by $2.6b in Q2
New Zealand's net external debt (international assets and liabilities excluding equity and financial derivatives)…
NZ’s net intl. investment liability position widens in Q2
New Zealand's net international investment liability position continued to widen in the June 2024 quarter.
NZ’s current account deficit reaches $7.2b in Q2
New Zealand's seasonally adjusted current account deficit widened by $269 million to reach $7.2 billion in the June…
New Zealand unveils draft critical minerals list
The New Zealand government has released a draft list of critical minerals, which are deemed essential to the…
NZ housing consents plunge 22% in 12m
New Zealand's housing construction sector saw a 22% drop in new home consents in the year ending July 2024.
NZ c. bank highlights weakness in commercial property market
The Reserve Bank of New Zealand (RBNZ) released a report, noting the continued weakness in the commercial property…
Fitch affirms New Zealand’s AAA+ rating with stable outlook
Fitch Ratings has maintained on Tuesday New Zealand's Long-Term Foreign-Currency Issuer Default Rating at AAA+ with…