Factbox-The key players in New Zealand’s new government
WELLINGTON (Reuters) – New Zealand’s National Party, ACT New Zealand and New Zealand First Friday signed a coalition agreement and will be sworn in as the 54th government on Monday. Here are…
New Zealand’s economy likely in recession as rate hikes take hold
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand central bank’s aggressive hiking of the cash rate likely pushed the country into a technical recession in the first quarter, a Reuters poll…
New Zealand’s incoming PM Hipkins says ‘making haste’ on changes in priorities
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s incoming Prime Minister Chris Hipkins said on Monday that his government would be “making haste” on reprioritising and looking at whether current policies need…
New Zealand’s ruling party confirms Hipkins as new prime minister – Radio New Zealand
WELLINGTON (Reuters) – New Zealand’s ruling Labour Party selected Chris Hipkins to replace Jacinda Ardern as leader of the Labour party and prime minister in a meeting on Sunday, Radio New Zealand…
New Zealand’s central bank raises rates by 75bps
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank raised interest rates by 75 basis points to a near 14-year high of 4.25% on Wednesday and flagged more hikes to come…
New Zealand’s RBNZ seen raising rates by historic 75 bps: Reuters Poll
By Devayani Sathyan BENGALURU (Reuters) – New Zealand’s central bank will hike rates by 75 basis points for the first time ever on Wednesday to cool multi-decade high inflation, ramping up the…
New Zealand’s government transfers Kiwibank assets to new company
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s government said on Monday it had transferred Kiwibank’s assets to a new state-owned company, since the lender no longer fit within the long-term plans…
New Zealand’s near-term inflation expected to slow, central bank survey shows
WELLINGTON – New Zealand’s near-term rate of inflation is expected to slow in the third quarter of 2022, a survey showed on Monday. The Reserve Bank of New Zealand’s (RBNZ) quarterly survey…
Even as China becomes more assertive, there are still shared interests, New Zealand’s prime minister says
By Lucy Craymer WELLINGTON – New Zealand Prime Minister Jacinda Ardern said on Monday that even “as China becomes more assertive in the pursuit of its interests”, there are still shared interests…
New Zealand’s inflation hits 3-decade high, raising bets on sharper rate hikes
By Lucy Craymer WELLINGTON -New Zealand’s consumer prices rose at their fastest pace in three decades, beating forecasts and raising the prospect of an unprecedented 75 basis point interest rate hike at…
As property market cools, New Zealand’s recent home buyers tighten belts
By Lucy Craymer WELLINGTON – When Aarti and Gaurav Kathuria were saving for their first home, a three-bedroom townhouse in Auckland, they cut back on eating out and other expenses so they…
New Zealand’s NZME, Google to discuss news delivery terms amid fair payment push
– New Zealand media firm NZME said on Friday it has signed a letter of intent with Google to outline terms for news content delivery, as the country’s publishers take on digital…
Olympics-Snowboarding-Proud Kiwi Sadowski-Synnott bags New Zealand’s first Winter Games gold
By Mari Saito and Winni Zhou ZHANGJIAKOU, China -Zoi Sadowski-Synnott of New Zealand said she was a “proud Kiwi” after winning gold in the women’s slopestyle event at the Beijing Olympics on…
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