Roger J Kerr sees the NZD-USD rate holding between 72 and 76 USc and sees the reasons in the US and Australia as much as local influences

Short headline:  Kiwi dollar remains within new trading range Tweet By Roger J Kerr  The price action in the NZD/USD foreign exchange market has tested both ends of the newly established 0.7200 to 0.7600 trading range over recent weeks. The improvement in dairy prices and still continuing positive economic data saw the Kiwi dollar appreciate up to 0.7600 two weeks ago. However, …

Government to fund research project on landlords with overcrowded properties

Short headline:  Govt spotlight on slum landlords Tweet The Government could be about to put the spotlight on slum landlords as part of its campaign to combat rheumatic fever . The Ministry of Business Innovation & Employment (MBIE) has called for proposals from organisations that could "undertake research on the drivers of landlord motivation to upgrade and maintain their rental …

Westpac economists say any 'significant' RBNZ restrictions on property investors will have an impact because investors set prices at the lower end of the market

Short headline:  'Noticeable impact on the housing market' Tweet Any targeted 'macro-prudential' move against property investors could have a "noticeable impact" on the housing market, according to Westpac chief economist Dominick Stephens. In the bank's latest Home Truths review of housing Stephens said in and of itself the regulatory changes proposed by the RBNZ for property investors would have only …

How much longer can the sharemarket push higher?

It’s the question asked by every stock watcher – how much longer can the sharemarket keep pushing higher?The United States’ bull market, which celebrated its sixth birthday on March 9, is about eight weeks away from overtaking the…

Get Sorted: Anchors away

Last week I found myself at a local car yard, trying not to get distracted by knobby-tyred Jeeps. I was talking shop with the business manager in the glass-walled back office whose job it is to get folks to seal the deals.Surprisingly,…

Dirty downside to driverless cars shown in new study

Driverless cars better be able to refuel themselves. They’ll consume more energy than cars with drivers.That’s the somewhat counterintuitive conclusion in a new study by researchers at the University of Michigan in Ann Arbor. They…