As has become its trademark, the Reserve Bank statement announcing no change to the OCR was a masterpiece of bland understatement and glossing over of the threatening realities, says New Zealand First Leader and Northland Member of Parliament Rt
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The Governor of the Reserve Bank, Graeme Wheeler has waved the white flag over interest rates, housing and the high Kiwi dollar, says New Zealand First.
There is a sea of trouble in the international economic outlook. Brexit, sluggish global growth and deep indebtedness are all adding to the mood of uncertainty, says New Zealand First Leader and MP for Northland Rt Hon Winston Peters.
In its typical bland and hedged way today’s Reserve Bank announcement points to the proliferating risks facing the New Zealand economy from both international and domestic conditions, says New Zealand First Leader and MP for Northland Rt Hon Wins
Reform of the Reserve Bank is becoming even more urgent as central banks around the world aggressively ease monetary policy, says New Zealand First.
The Governor of the Reserve Bank’s sombre economic forecast shows Finance Minister Bill English’s comments on the economy are phony optimism, New Zealand First says.
Following the latest EFTPOS outage, New Zealand First is calling on the Reserve Bank to purchase EFTPOS processor, Paymark, which is reportedly on the market.
Given the uncertainties and fragility in the New Zealand economy and the international economy, today’s Reserve Bank cut in the official cash rate comes as no surprise, says New Zealand First.
The Reserve Bank’s cut to the official cash rate is an admission it has been wrong all along, says New Zealand First.
The Reserve Bank’s tinkering avoids critical issues of the runaway Auckland housing market, says New Zealand First.
The Reserve Bank confirmed today Auckland house prices will continue to soar while the government allows wholesale immigration, says New Zealand First.
Kiwi savers are being let down by the National government which is shirking its responsibility to protect their bank deposits, says New Zealand First.