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The Reserve Bank is unlikely to say when it's expecting to raise interest rates ahead of time, an economist says, but there will be clues to look out for.
The bank's latest monetary policy statement will be released on Wednesday, ahead of next month's decision on the official cash rate (OCR). The OCR has been a record low for the past year, stimulating borrowing and spending to keep the economy ticking over during the biggest economic shock in a generation, if not longer.
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Read more: The clues an interest rate hike could be on the way
- Article: https://www.newshub.co.nz/home/money/2021/05/ocr-the-clues-an-interest-rate-hike-could-be-on-the-way.html
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In an interview with the Guardian, Nanaia Mahuta says exporters must diversify to protect themselves from a potential cooling of ties with Beijing
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Read more: ‘A matter of time’: New Zealand’s foreign minister warns China ‘storm’ could be coming
- Article: https://www.theguardian.com/world/2021/may/25/a-matter-of-time-new-zealands-foreign-minister-warns-china-storm-could-be-coming
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Myanmar’s ousted leader Aung San Suu Kyi appeared in court in person Monday for the first time since the military arrested her when it seized power on February 1, Myanmar media reported.
One of her lawyers, Min Min Soe, told The Associated Press by phone that Suu Kyi was able to meet with her defence team before her hearing began at a special court set up inside the city council building in Naypyitaw, the capital. The hearing's purpose was procedural.
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Read more: Myanmar's Suu Kyi makes first in-person court appearance following military coup
- Article: https://www.stuff.co.nz/world/asia/300315736/myanmars-suu-kyi-makes-first-inperson-court-appearance-following-military-coup
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Any talk of a cooling housing market is premature, if the latest real estate sales data is anything to go by - with just one in 100 residential properties failing to make a profit in the first quarter of the year.
Property database CoreLogic on Tuesday released its Pain and Gain report for January-March 2021, in which it revealed profit-making residential property resales had reached 98.9 percent - the highest peak in the 25 years this data set has been recorded.
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- Article: https://www.newshub.co.nz/home/money/2021/05/new-zealand-housing-market-breaks-resale-profit-record-as-wellington-auckland-post-huge-capital-gains.html
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Samoa's caretaker Prime Minister Tuilaepa Sailele Malielegaoi has accused the FAST Party of "treason" following the party's swearing in during a ceremony on the lawns of Parliament.
Hundreds gathered on Monday expecting Parliament to reconvene, only to find FAST Party leader, Fiame Naomi Mata'afa, and her supporters had been locked out of Parliament.
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Read more: Tuilaepa accuses FAST party of treason following official swearing in ceremony
- Article: https://www.newshub.co.nz/home/world/2021/05/samoa-malielegaoi-accuses-fast-party-of-treason-following-official-swearing-in-ceremony.html
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Prime Minister Jacinda Ardern expects New Zealand will ditch the Queen and become a republic in her lifetime, but she has "never sensed urgency" from Kiwis.
It comes as Ardern announced the appointment of former Children's Commissioner and head of the Welfare Expert Advisory Group Dame Cindy Kiro as the next Governor-General to replace Dame Patsy Reddy as the Queen's representative.
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Read more: Prime Minister Jacinda Ardern expects New Zealand will become a republic in her lifetime
- Article: https://www.newshub.co.nz/home/politics/2021/05/prime-minister-jacinda-ardern-expects-new-zealand-will-become-a-republic-in-her-lifetime.html
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A new study by researchers at the University of Otago has found a link between anxiety and religious belief.
The study, which was published in The International Journal for the Psychology of Religion, had almost 1000 participants complete a recall test to see if people who were anxious or non-anxious had a better memory of supernatural agents.
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Read more: Kiwi study finds anxious people more likely to remember religious ideas
- Article: https://www.newshub.co.nz/home/new-zealand/2021/05/kiwi-study-finds-anxious-people-more-likely-to-remember-religious-ideas.html
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No shit sherlock... that has been known for a long time...
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Rocket Lab's been a darling of New Zealand's tech sector but some locals have concerns. Whena Owen went to Māhia Peninsula to hear them.
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Read more: It's about time they just leave
- Article: https://www.youtube.com/watch?v=adDyUMmweYQ
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