Stories by Gyles Beckford
News
Reserve Bank maintains LVR mortgage restrictions
The Reserve Bank has dashed hopes that it would ease mortgage lending restrictions and instead highlighted risks to the financial system from overseas and low interest rates.
RBNZ holds cash rate at record low 1 percent
The Reserve Bank has held the Official Cash Rate steady at a record low 1 percent, but indicated the door is open to further cuts.
Analysis: Can Fonterra find a fresh future from a curdled past?
Eighteen years after its inception, Fonterra is guilty of overweening ambition, miscalculation, mismanagement, poor execution, burgeoning debt and corporate arrogance, writes Gyles Beckford.
OCR kept at 1 percent
The Reserve Bank has left its benchmark interest rate on hold at a record low 1 percent, but has indicated the door is open to further cuts.
GDP slows in second quarter
Annual economic growth has slowed to its weakest level in nearly six years.
Fonterra delays release of financial results
Fonterra has postponed the publication of its annual financial results saying it needs more time to finalise its accounts.
Yield curves, fear indexes - the drivers of market mayhem
Economists went into panic mode today over the 'inverted yield curve' - RNZ Business editor Gyles Beckford explains what it is and why they're worried.
Fonterra forecasts up to $675m loss for year
Dairy giant Fonterra is forecasting another big loss as it writes down the value of underperforming overseas assets.
NZ dollar slumps after RBNZ cuts OCR to 1 percent
The Reserve Bank has slashed its benchmark interest rate by a greater than expected half a percent in the face of significant headwinds at home and abroad, sending the New Zealand dollar plunging.
Unemployment figures at lowest point since 2008
The unemployment rate fell to a seasonally adjusted 3.9 percent in the three months ended June.
Rising fuel and rent prices push inflation up
Consumer inflation increased on the back of higher petrol prices and rents in the past three months, but a gloomy economic outlook is likely to lead to cuts in interest rates.
Investors sue ANZ Bank for failing to stop Ponzi scheme
A group of investors in Ross Asset Management are suing the ANZ Bank, claiming it allowed the failed investment company to operate unlawfully.
OCR stays unchanged, RBNZ hints at cuts down the track
The Reserve Bank has held its benchmark interest rate steady but warned further cuts may be needed to stimulate growth and counter global risks.
New bank scheme serves as rebuke to RBNZ's decades old approach
Analysis - The deposit insurance scheme may allow RBNZ to step back from some of its more extreme proposals, but it is also something of a rebuke to its laissez-faire approach, writes Gyles Beckford.
Analysis: Luxon still flying high after Air New Zealand stint
Analysis - In the turbulent world of aviation, Christopher Luxon can claim to have had more than his fair share of smooth flights, writes RNZ Business editor Gyles Beckford.
Facebook to launch digital currency
The social media giant has unveiled plans to launch Libra next year.
Budget: Venture capital fund may slow brain drain
Analysis - The brain drain of New Zealand talent and future earnings may be slowed by one of the government's few business-centric Budget policies, writes Gyles Beckford.
Little offered for business in Budget
The business sector gets little from the Budget but should benefit from work generated by the big spending on infrastructure and consumer spending from family support programmes, Business editor Gyles…
Reserve Bank cuts OCR to 1.5%
The Reserve Bank has cut its benchmark interest rate for the first time in more than two years as it tries to stimulate growth and protect against a slowing world economy.
Analysis: What the OCR cut means for you
The Reserve Bank has cut the official cash rate in an attempt to stimulate the economy. RNZ Business Editor Gyles Beckford analyses if it will work.
Reserve Bank's interest rate decision a line call
The Reserve Bank could deliver the first cut in interest rates in more than two years this afternoon as it looks to counter a slowing economy, low inflation, and uncertain international outlook.
Australian funding firm signs on to Southern Response class action
A class action lawsuit is being taken, backed by an Australian litigation funding firm, seeking redress for Canterbury earthquake claimants.
Capital gains tax: Govt opts for the easy path
It's often been remarked that capital gains tax is the shortest suicide note in New Zealand politics, RNZ Business editor Gyles Beckford writes.
Soft inflation sends dollar tumbling
Consumer prices rose less than expected in the first three months of the year, sending the New Zealand dollar tumbling and raising the chances of a cut in interest rates.
NZ enmeshed in web of security agencies
New Zealand is enmeshed in a spider's web of security agencies and an alphabet soup of committees and panels attached to them.