Latest ASB NewsBites

ASB Economic Update: Summer sun (and rain) provides a boost to dairy production

Monday, 27th February, 2017

- Fonterra reaffirms 6.00/kg milk price for the current season and lifts advance payments- Dairy production stages a summer recovery on favourable weather conditions- Trump speech is the key focus for the week ahead as markets remain jittery on fiscal pol…

Easter Trading - New Rules

Monday, 27th February, 2017

Changes to the Shop Trading Hours Act 1990 mean local authorities can allow shops in their districts to open on Easter Sunday. For employers who plan to open on Easter Sunday, you must tell staff of their right to refuse to work (eg. by group email). This…

New Report shows importance of dairy industry

Monday, 27th February, 2017

New report shows importance of dairy industry A new report confirms the dairy industry makes a major contribution to New Zealand’s economy According to the report dairy contributes $7.8 billion to New Zealand’s GDP and is our largest goods exporter. The r…

ASB Economic Update: Three months is a long time in markets

Wednesday, 15th February, 2017

Looking back over 2016, low inflation and falling inflation expectations saw the RBNZ cut the OCR three times. At the same time the RBNZ maintained a distinct easing bias, reflecting the fact that the risks to inflation remained firmly to the downside. Oh…
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