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Tuesday, 17 April 2018 21:05

Strong govt books offer scope to meet infrastructure deficit: IMF

Apr 17 - The International Monetary Fund gave an optimistic opinion on New Zealand's economic outlook, with the pace of growth seen staying around 3 percent, and says the strong Crown books offer enough headroom to meet the needs of an expanding population

Published in FINANCIAL
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Monday, 16 April 2018 11:09

Bulletin article discusses New Zealand labour force participation developments

Apr 16 -  An article published today in the Reserve Bank Bulletin compares labour supply developments across the OECD and examines how New Zealand is placed.

Published in FINANCIAL
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Thursday, 29 March 2018 09:44

Bank of China registered as a bank

Mar 29, 2018  - The Reserve Bank today registered Bank of China to provide banking services in New Zealand.

Published in FINANCIAL
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Monday, 26 March 2018 09:42

New PTA requires Reserve Bank to consider employment alongside price stability mandate

Mar 26, 2018  -  Finance Minister Grant Robertson and incoming Reserve Bank Governor Adrian Orr today signed a new Policy Targets Agreement (PTA) setting out specific targets for maintaining price stability and a requirement for employment outcomes to be considered in the conduct of monetary policy.

Published in FINANCIAL
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Thursday, 22 March 2018 10:06

Official Cash Rate unchanged at 1.75 percent

Mar 22, 2018  -  Statement by Reserve Bank Governor Grant Spencer:  The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.

Published in BUSINESS
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Wednesday, 28 February 2018 12:50

Disclosure a cornerstone, says Reserve Bank

Feb 28, 2018  - Public disclosure is a cornerstone of the Reserve Bank’s approach to prudential regulation and supervision.

Published in FINANCIAL
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Friday, 16 February 2018 08:01

Tax changes dampen property speculation

Feb 16, 2018  -  Revenue Minister Stuart Nash has confirmed the bright-line test on residential property sales will be extended from two years to five years in legislation currently making its way through Parliament.

Published in FINANCIAL
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Friday, 09 February 2018 17:15

Kiwi company receives over US$8.5 million in financing round

Feb 09, 2018  - Exascale computing company, Nyriad, announced that it has completed its Series A investment round, bringing it to a total of over US$11 million raised to date.

Published in BUSINESS
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Thursday, 08 February 2018 09:05

Official Cash Rate unchanged at 1.75 percent

Feb 08, 2018  - Statement by Reserve Bank Governor Grant Spencer.  The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.Global economic growth continues to improve. While global inflation remains subdued, there are some signs of emerging pressures. Commodity prices have increased, although agricultural prices are relatively soft. International bond yields have increased since November but remain relatively low. Equity markets have been strong, although volatility has increased recently. Monetary policy remains easy in the advanced economies but is gradually becoming less stimulatory.

Published in BUSINESS
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Monday, 01 January 2018 00:01

UDC Finance’s Risk Management Exposed to China in Failed HNA Sale

UDC Finance’s Risk Management Exposed to China in Failed HNA Sale

ANZ subsidiary’s lending data trove vital to consumer-led economy thrust

Jan 1, 2018  -  China’s HNA pulled plenty of value out of UDC Finance without contributing a cent of the $660 million that it was said to be paying for the New Zealand plant financier.

As part of the acquisition scheme, an attenuated one, the Chinese would have discovered UDC’s key ratios in regard to things such as depreciation, defaulting, interest, and time terms.

Published in EXCLUSIVE
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Page 3 of 13

Palace of the Alhambra Spain

Palace of the Alhambra, Spain

By: Charles Nathaniel Worsley (1862-1923)

From the collection of Sir Heaton Rhodes

Oil on canvas - 118cm x 162cm

Valued $12,000 - $18,000

Offers invited over $9,000

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

 

Mount Egmont with Lake

Mount Egmont with Lake 

By: John Philemon Backhouse (1845-1908)

Oil on Sea Shell - 13cm x 14cm

Valued $2,000-$3,000

Offers invited over $1,500

Contact:  Henry Newrick – (+64 ) 27 471 2242

Henry@HeritageArtNZ.com

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

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