Statistics New Zealand released the NZ Q2 Employment report at 8.45am AEST today.
The net employment change for the 2nd quarter was flat as expected.
The Unemployment Rate dipped to 6.5%... » Read more
The RBNZ have left interest rates on hold at 2.50% this morning for the third consecutive meeting. In the accompany statement Governor Allan Bollard said "provided current global financial... » Read more
At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were:
- Monetary policy remains appropriate
- Global economy continues... » Read more