News
RBA raises interest rates as inflation pressures remain high
2+ hour, 12+ min ago (848+ words) Source: The Conversation (Au and NZ) " By Stella Huangfu, Associate Professor, School of Economics, University of Sydney The Reserve Bank of Australia (RBA) has lifted the cash rate by 25 basis points to 3.85%, adding to pressure on households and businesses. While…...
Are these New Zealand’s worst savings accounts?
1+ week, 15+ hour ago (691+ words) Source: Radio New Zealand RNZ / Alexander Robertson Some of New Zealand's least generous savings accounts are paying as little as 0.05 percent in interest. A survey of bank rates showed the main banks have a number of products that offer very…...
Economists forecast tough calls to get books back to black
1+ mon, 2+ week ago (632+ words) Source: Radio New Zealand Finance Minister Nicola Willis speaking at the Half Year Economic and Fiscal Update. RNZ Economists say the government is stuck between a rock and a hard place off the back of Treasury's latest economic forecasts. Tuesday's…...
Willis working on ‘disciplined’ plan for returning books to surplus
1+ mon, 2+ week ago (590+ words) Source: Radio New Zealand Finance Minister Nicola Willis speaking at the Half Year Economic and Fiscal Update RNZ Finance Minister Nicola Willis is doubling down on her "disciplined" plan for returning the books to surplus " despite new forecasts delaying it…...