I don't think I have ever heard an RBNZ governor be this explicit about an upcoming rate decision. Of course there are caveats, but he shot down the idea of a 25bps cut in February and said "that's not the intention of this document".
BusinessDesk NZ
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The latest New Zealand business news, reporting, analysis, and commentary — by leading journalists and commentators.
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BusinessDesk’s team of experienced journalists delivers a constant stream of original news stories covering every aspect of the New Zealand economy, financial markets, corporate news, and political developments of economic relevance. We're proudly part of https://nzme.co.nz
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https://businessdesk.co.nz/
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BusinessDesk NZ员工
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Pattrick Smellie
Director at BusinessDesk and The Hugo Group
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Jem Traylen
Journalist covering the public sector @businessdesknz. Winner of 2022 Voyager Media Award for best student.
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Garth Bray
Investigative Journalist & Presenter
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Victoria Carter ONZM CFInstD
Professional Director - Entrepreneur - Strategist
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Don’t worry Bremworth shareholders, your dividend wool come https://lnkd.in/gwKgGTXB
Don’t worry Bremworth shareholders, your dividend wool come
businessdesk.co.nz
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SolarZero customers have been told not to panic due to the company’s liquidation, but those assurances are based on how well the model stands up to the stresses it is under. Ian Llewellyn reports. #nzbusiness https://lnkd.in/gSJgDX7s
SolarZero customers told to keep calm and carry on
businessdesk.co.nz
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One of New Zealand’s best-known scientists, Dr Michelle Dickinson, also known as Nanogirl, has placed her social enterprise Nanogirl Labs in liquidation as funding for science education dries up. Garth Bray reports. #nzbusiness https://lnkd.in/ga99qDRm
Maximum entropy for Nanogirl Labs
businessdesk.co.nz
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Tech company Rakon spent an additional $1.7 million on legal and consulting costs for an acquisition proposal. By Rebecca Stevenson #nzbusiness #nzx https://lnkd.in/gRH9MXnQ
Rakon spent additional $1.7m on acquisition costs; is there another bidder?
businessdesk.co.nz
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The annual Summer Reading List for PM Christopher Luxon from the NZ Institute of Economic Research (NZIER), in partnership with BusinessDesk, has suggested six current books that deal with some of the biggest challenges facing governments worldwide. https://lnkd.in/gjmtD4s8
NZIER and BusinessDesk play Santa for Christopher Luxon
businessdesk.co.nz
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Peter Griffin: Unfriended: We shouldn’t touch Oz's style of an ill-conceived social media ban with a bargepole. #Opinion https://lnkd.in/gqrcHs4B
Australia's social media ban for kids is unworkable
businessdesk.co.nz
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The New Zealand sharemarket greeted the latest interest rate cut – with the promise of more to come – by rising 0.7% to its highest close in more th...
NZ sharemarket rises 0.7% on back of OCR cut
businessdesk.co.nz
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Mike Mercer: Landmark ruling delivers guidance for large companies. #Opinion #nzlaw #nzbusiness Port of Auckland Simpson Grierson https://lnkd.in/gjKX6Rva
Directors on notice after Port of Auckland boss Tony Gibson found guilty
businessdesk.co.nz
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The Reserve Bank of New Zealand cut the official cash rate by 50 basis points to 4.25%, as widely expected. There is also still more to come. #nzbusiness #nz #rbnz #ocr https://lnkd.in/grHyuN7r
RBNZ cuts by 50bps, says there is more to come
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