September 14 edition of the BNZ Weekly Overview

Friday, 15 September 2006, 10:25 am
Press Release: BNZ Weekly

Welcome to the September 14 edition of the BNZ Weekly Overview.

The main point of interest for the financial markets this week was this morning's review of the official cash rate. As expected the rate was left unchanged at 7.25% but the Reserve Bank warned they may need to increase the rate again. This comment was far more hawkish than expected and has caused the Kiwi dollar to jump up to 65.5 US cents and 87 cents against the Australian currency. Fixed borrowing costs have also gone up and we are likely to see a round of fixed interest rate increases in the very near future.

See... BNZ Weekly Overview September 14 (PDF)

ENDS

Advertisement - scroll to continue reading

Find more from BNZ Weekly on InfoPages.

Business Headlines | Sci-Tech Headlines

BUSINESS, SCIENCE & TECH

Bill Bennett: Download Weekly - Review Of 2024

A look back at the New Zealand telecommunications sector’s biggest news stories and themes over the past year.

Bill Bennett: One NZ scores worldwide first as Starlink direct-to-mobile launches

In the latest Download Weekly newsletter: One New Zealand squeaked in ahead of the year end with its promised 100 percent coverage launch. The Commerce Commission is thinking about fibre deregulation.

Hugh Grant: How To Reduce Network Bottlenecks

There's nothing wrong with taking immediate action to resolve a bottleneck in progress, but if you want to avoid issues as much as possible, you need to be working proactively.

Dominion Road Business Association: Auckland Transport's 'Bus To The Mall' Campaign: A Misuse Of Public Funds And A Blow To Local Businesses

AT's decision to promote privately owned malls at the expense of small businesses is a slap in the face to the hardworking entrepreneurs who form the backbone of our communities.

Parrot Analytics: A Very Parrot Analytics Christmas, 2024 Edition

Parrot Analytics data confirms that the supply of Christmas movies has surged over the last two decades, growing sixfold from 2000 to 2023. The peak of new Christmas movie releases came in 2020, a time when audiences turned to feel-good content amidst global challenges.