Wednesday, June 27, 2012
New Zealand passed legislation Tuesday paving the way for the government to partially privatize billions of dollars worth of state-owned energy assets in a bid to rein in the country's debt.
Former World Bank executive Graeme Wheeler has been named as the next head of New Zealand's central bank.
Friday, June 22, 2012
New Zealand's agriculture-driven economy is picking up steam, growing at the fastest pace in five years as the region continues to offer a bright spot in a gloomy world economy.
Friday, June 15, 2012
New Zealand's central bank left the official cash rate (OCR) unchanged at 2.5 percent Thursday, saying it wanted to stimulate the economy amid a weaker domestic outlook and uncertainty in Europe.
Friday, May 25, 2012
New Zealand said Thursday it would contain spending to try to put the government's books back in the black within three years, while also fostering growth in the struggling economy.
Friday, April 27, 2012
New Zealand's central bank left the official cash rate (OCR) unchanged at 2.5 percent Thursday but warned it would reconsider if the country's currency remained too strong.