Banks agree on next OCR hike, but BNZ sees rates reaching 4% by May
Economists at New Zealand’s five largest banks expect the Reserve Bank to raise the Official Cash Rate by 0.25 percentage points on Wednesday, taking it from 2.50% to 2.75%.
Economists at New Zealand’s five largest banks expect the Reserve Bank to raise the Official Cash Rate by 0.25 percentage points on Wednesday, taking it from 2.50% to 2.75%.
The whereabouts of five New Zealanders remain unknown after catastrophic flash floods and landslides struck the Nepal-China border region last week.
Grey Power is pressing political parties for clearer policies on superannuation, housing, healthcare and the cost of living as more older New Zealanders struggle to meet basic expenses.
The Pacific Islands Forum has opened in Palau without the leaders of Fiji, Vanuatu, Samoa, Solomon Islands and Kiribati, weakening the show of regional unity as major security and economic questions crowd the agenda.
S&P Global Ratings has affirmed New Zealand's AA+ foreign-currency and AAA local-currency sovereign ratings, both with stable outlooks.
At every election, Labour promises to solve the problems of its own making. And sadly, many Māori keep believing the promise.
A dispute with a busy bees early childhood education centre exposes a wider problem with education policy: Teach English as English, teach te reo Māori as te reo Māori and stop turning language ‘opportunities’ into compulsion.
The lesson is brutal but clear: in the modern political arena, fractured individual forces are doomed to failure. A collection of solitary actors, no matter how principled, will always be crushed by a disciplined, coordinated machine.
The media have shown once again how their intended bias puts them at serious odds with public opinion.
One aspect of Kiwi culture is our desire to give everyone a fair go. But the flipside is that we have little tolerance for anyone attempting to play dirty. That’s what the Māori Party is aiming to do.
He will not pay. He will not leave. He cannot explain. The Americans already walked. The shelves did not empty.
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