RBNZ Warns Near-Term Inflation May Beat Estimates as Oil Surges
New Zealand’s central bank warned that near-term inflation could exceed its latest estimates, adding to signs it could raise interest rates again as soon as October.
This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
5 matching records found
New Zealand’s central bank warned that near-term inflation could exceed its latest estimates, adding to signs it could raise interest rates again as soon as October.
A record number of New Zealanders turned out at the polls this month, not for national elections but to vote for their Bird of the Year – the critically endangered black robin. The diminutive native lives on the remote Chatham Islands, 800km (500 miles) off the South Island’s east coast. In 1980, only five of the birds remained, including a single breeding female. Now there are about 350. The black robin topped the pecking order ahead of the famed flightless parrot, the kakapo, and the native...
For generations, the narrative of New Zealand’s human settlement has held that Polynesian voyagers – the ancestors of the Maori – arrived and settled the islands in the 13th century, followed by European explorers in the 17th century. This timeline underpins New Zealand’s history and its political model. The Treaty of Waitangi, signed in 1840 between the British Crown and about 540 Maori chiefs, served as New Zealand’s founding document, paving the way for Britain to claim sovereignty and...
New Zealand’s parliament passed legislation enabling a free-trade agreement with India, clearing the way for a deal Prime Minister Christopher Luxon has described as “once-in-a-generation.”
New Zealand dairy farmers will need to prepare for tighter profit margins in the months ahead if predictions of a very strong El Niño weather pattern prove accurate.