Articles tagged Kiwibank

Annual inflation continues to run low, suggesting there’s still some capacity in the economy that will help the Reserve Bank keep interest rates at record lows well into next year, writes Thomas Coughlan.

The Reserve Bank will most likely keep the Official Cash Rate on hold at 1.75 percent, but the real question is whether it will signal keeping the rate on hold for longer after last week’s disappointing GDP numbers.

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The top stories this morning include American nervousness over China's political connections in New Zealand, a looming decision on M.Bovis, the first nurses' strike planned in 30 years, a review of ACC's culture and CEO, and Donald Trump announcing his summit with Kim Jong Un is back on.

With just under 10 weeks to go before the election and signs of increasing divisions between Labour, Green and New Zealand First, it's worth looking at what policies a National-New Zealand Government might adopt.

For the convenience of subscribers, here's my weekly column in which I say this week's quiet removal of the guarantee for Kiwibank savers should remind all savers about the lack of a deposit guarantee and prompt regulators and the industry to run a public education campaign about New Zealand's lack of a deposit guarantee.