NZ central bank cuts rates 50bps, flags steeper easing cycle to revive frail economy
New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and flagged further reductions in borrowing costs amid moderating inflation as policymakers sought to revive a struggling economy.
New Zealand slashes rates for a fourth straight time in bid to boost a slowing economy
New Zealand's central bank slashed benchmark rates by 50 basis points to 3.75%, marking its fourth straight cut, as the country's economy slows down. The move was in line with expectations from economists polled by Reuters,
New Zealand’s central bank (RBNZ) cuts rates for the fourth time in a row
New Zealand’s central bank has reduced its benchmark interest rate for the fourth consecutive time, lowering it by 50 basis points to 3.75% on Wednesday.
NZ central bank cuts rates by 50bps, flags more easing ahead
New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and policymakers flagged further reductions in borrowing costs amid moderating inflation as they sought to revive a struggling economy.
New Zealand gets another 50-bp rate cut, more easing expected this year
The Reserve Bank of New Zealand has cut its benchmark interest rate by 50 basis points to 3.75%, in an effort to boost economic activity while inflation pressures continue to ease. This is its third 50-bp cut,
Deloitte puts numbers on what a corporate tax rate cut could mean for the economy
Cutting the corporate tax rate could boost the economy by billions of dollars a year, according to modelling done by consultancy Deloitte. Lowering the corporate tax rate is one of a suite of policy ...
New Zealand Well-Placed to Withstand Trade Shocks, RBNZ Deputy Governor Says
The RBNZ forecasts further cuts will be delivered this year, but in smaller moves, not the blockbuster 50-basis-point cuts ...
NZ sees record number of departures amid weak economy
WELLINGTON: A record number of people left New Zealand last year as high living costs and a deep recession prompted them to ...
Economic ‘green shoots’ and lower interest rates disguise worrying trends in NZ’s job market
Interest rates are due to drop again, and the government is talking up recovery. But unemployment data suggest deeper ...
Liam Dann: Reserve Bank calls for more scrutiny on Stats NZ
The Reserve Bank is urging the Government to take a hard look at Stats NZ, with a view to improving the timeliness and ...
Earnings season: NZ businesses eye recovery amid economic challenges
The Fonterra payout this season is the highest in history.
NZ central bank cuts rates by 50bps, flags more easing to revive frail economy
New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and policymakers flagged further ...
Air NZ profit down, $100m share buy-back announced
Air New Zealand’s underlying profit for the first half of its 2025 financial year fell as the airline battled economic ...
New Zealand sees record number of departures amid weak economy
Net departures of New Zealand citizens were a record 47,000, surpassing the 43,300 who left in 2023. About 56% of those ...