Economy
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A.M. Best to Sponsor Australia and New Zealand Insurance Industry Awards
A.M. Best Co. will participate as a major sponsor of the Australia and New Zealand Insurance Industry Awards. The awards, hosted by the Australia and New Zealand Institute of Insurance and Finance,...
Busiwire. - Friday July 25, 04:42 AM -
NZ's ASB Bank cuts mortgage rate after RBNZ cut
WELLINGTON, July 24 (Reuters) - New Zealand's ASB Bank on Thursday said it would lower its two-year fixed term mortgage rate after the central bank earlier lowered the official cash rate. ASB,...
Reuters Finance News, Australia. - Thursday July 24, 06:01 PM -
New Zealand cuts rate, plans more, as recession looms
* NZ central bank cuts rates by a quarter point to 8 percent * RBNZ expects further easing to counter slowing economy * NZ dollar hits one-month low after announcement (Adds updated Reuters...
Reuters Finance News, Australia. - Thursday July 24, 05:22 PM -
CHRONOLOGY-Reserve Bank of NZ interest rate moves
WELLINGTON, July 24 (Reuters) - The Reserve Bank of New Zealand lowered the official cash rate to 8.00 percent on Thursday. Following is a chronology of the RBNZ's interest rate moves since the...
Reuters Finance News, Australia. - Thursday July 24, 09:07 AM -
NZ finance company Hanover suspends payments
WELLINGTON, July 23 (Reuters) - New Zealand non-bank finance company Hanover Finance Ltd said on Wednesday it was suspending repayment of loans and interest as it looks to restructure and preserve...
Reuters Finance News, Australia. - Wednesday July 23, 05:49 PM -
Australia core inflation hits 17-year high
(Adds analysts, market reaction) By Wayne Cole SYDNEY, July 23 (Reuters) - Core inflation in Australia accelerated to its fastest annual pace in 17 years last quarter as the cost of fuel,...
Reuters Finance News, Australia. - Wednesday July 23, 02:48 PM -
Australia annual core inflation accelerates in Q2
SYDNEY, July 23 (Reuters) - Australia's second-quarter consumer price index (CPI) figures, including the central bank's two key measures of underlying consumer inflation, released by the Australian...
Reuters Finance News, Australia. - Wednesday July 23, 01:40 PM -
Australia producer inflation tempered by imports
(Adds market, analyst reaction) By Wayne Cole SYDNEY, July 21 (Reuters) - Australia's producer prices rose by less than expected last quarter thanks to falling costs for a range of imported goods,...
Reuters Finance News, Australia. - Monday July 21, 02:27 PM -
Australia's Flight Centre sees 40% profit growth
(Adds details) SYDNEY, July 21 (Reuters) - Australian travel retailer Flight Centre Ltd (ASX: FLT.ax) confirmed its full-year pretax profit will jump about 40 percent, in line with its...
Reuters Finance News, Australia. - Monday July 21, 12:38 PM -
NZ voter economic confidence softens in July-poll
WELLINGTON, July 21 (Reuters) - New Zealand voters' confidence in the economy eased slightly in July amid a rapid slowdown, surging prices and high interest rates, a survey showed on Monday. The...
Reuters Finance News, Australia. - Monday July 21, 11:30 AM -
Australia - Broadband - Statistical Overview and Forecast Out Now
Research and Markets (http://www.researchandmarkets.com/research/12a806/australia_broadb) has announced the addition of the "Australia - Broadband - Statistical Overview and Forecast" report to their...
Busiwire. - Saturday July 19, 03:12 AM -
Australia export price boom underpins economy
(Adds analyst reaction) By Wayne Cole SYDNEY, July 18 (Reuters) - Australia's export prices leapt a record 13.5 percent last quarter as Chinese demand fuelled huge increases in iron ore and coal,...
Reuters Finance News, Australia. - Friday July 18, 02:31 PM -
Australia's CBA says no plan for St George Bank bid
(Adds details) By Marie McInerney ADELAIDE, Australia, July 16 (Reuters) - Commonwealth Bank of Australia Ltd (ASX: CBA.ax) (CBA), the nation's second-biggest lender, has no intention of making...
Reuters Finance News, Australia. - Wednesday July 16, 06:16 PM -
NZ CPI Surges, Japan Cuts Growth Forecast Again
While Australia seems well placed economically and the next rate cut is down even after inflation rises next week, the news from Japan and New Zealand is gloomy. New Zealand's consumer price...
Australasian Investment Review. - Wednesday July 16, 10:05 AM -
NZ dollar firm despite inflation data, debt mixed
WELLINGTON, July 15 (Reuters) - The New Zealand dollar NZD= skirted a two-week high on Tuesday as lofty inflation data gave no new steer on the timing of interest rate cuts, leaving investors more...
Reuters Finance News, Australia. - Tuesday July 15, 06:05 PM
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