Kiwi Dollar Looks To Stay Strong

Sunday 4 July 2004

For the world's top-yielding major currency, the New Zealand dollar, the start of a monetary tightening phase in the United States is expected to hold little threat.

By The Landlord

But for the world's second-highest yielding currency, the Australian dollar, it definitely does.

That was the consensus from currency analysts after the US Federal Reserve made what markets believe will be the first of several interest rate increases.

The reason: interest rates still have room to rise in New Zealand, which will protect or even widen the country's yield premium, while rates in Australia are seen to be at or near their peak.

Read More - Opens in a new window
Commenting is closed

Property News

Investors not rushing to sell

There is no rush of investors looking to sell their properties in the post-Covid-19 market, according to the second joint survey from REINZ and economist Tony Alexander.

House Prices

S&P forecast 10% house price fall

Global ratings agency Standards & Poors is the latest to join the chorus of predictions around potential house price falls in New Zealand – and they’re picking a 10% drop.


Augusta Capital takeover bid now unconditional

ASX-listed Centuria Capital has declared that its takeover of New Zealand property funds manager Augusta Capital is now unconditional, as it has secured nearly 66% of Augusta’s shares.

Site by PHP Developer