In today's email we take a deep dive into the Reserve Bank governor's final new conference.
In today's email we report on the latest OCR decision.
Good morning all to the inaugural Newsroom Pro 8 things at 8am email. Every weekday we'll highlight our top stories and pick out the key things you need to know from in and around our Newsroom offices in the Parliamentary Press Gallery and in Auckland. Hit reply to tell us what we missed and should be covering.
Bill English's downplaying of the scale of the national housing shortage was challenged yesterday in another sign that housing will be the major topic of debate in the election, alongside migration. He also opened himself up to accusations of going soft on the drive for extra housing supply when he pointed to prices having stopped rising in Auckland -- a tactic John Key used to take the focus off housing supply from 2009 to 2012.
For the benefit of subscribers, here's my Summer Newsroom column about what Trump might mean for the back pockets of kiwis.
Bill English is expected to announce the election date later today after an all-day meeting with the National Caucus at Premier House in Wellington. September 23 is seen as one of the favoured candidates.
Anyone with a political or economic bone in their body will of course be watching the US election results today, so here's my two cents worth.
The Government announced a significant tightening of its migration settings yesterday, moving to increase the skill levels of new permanent residents, suspend applications from parents and toughen the English language requirements. It is also reviewing temporary work visas and student visas, along with the work testing around those visas.
The two central banks that drive our currency around stood firm today, leaving their official cash rates on hold. In response, the New Zealand dollar rose yet again after a monetary policy decision to over 73.5 USc, further squeezing the Reserve Bank towards another Official Cash Rate cut on November 10.
The main political news over the last day was Colmar Brunton's opinion poll reported on TVNZ last night that showed support for Labour fell three percentage points to 26% between early June and early September.