Articles tagged Adrian Orr

The Reserve Bank issued a dramatic monetary policy statement on Thursday, signalling it had accepted the economy had slowed, but some banks don’t believe the bluster, Thomas Coughlan reports

New Zealanders see an affordable house price as being almost $200,000 cheaper than a KiwiBuild house in Auckland. China wants New Zealand to correct its "wrong statements" about China's activities in the Pacific. The economy continues to show signs of cooling ahead of key inflation figures next week.

Business confidence fell to a five year low as winter began and it wasn't just because managers were politically biased. Bernard Hickey argues it's time the Government reacted to this cooling with a debt-funded construction stimulus and interest rate cuts.

In the political economy this week, business confidence fell, China was forced to ease policy to boost its cooling economy, the New Zealand dollar hit a two year low, the Government eased migration policy, the Reserve Bank should have adopted an easing bias and Winston Peters suggested a housing affordability target that would either require house prices to halve or workers in Auckland to wait 100 years for their living wages to catch up.