The question is not why we aren’t seeing any inflation but rather why we aren’t experiencing deflation. Expectations of minimal inflation seem to be a self-fulfilling prophecy … for now, anyway.
• Global bond yields have fallen back to recent lows, as a soft patch in global economic activity has been followed by a realisation that global inflation has also been falling below target.
• Indeed, the IMF have highlighted that the real puzzle is not why inflation is so low; but rather why we haven’t seen deflation.
• With inflation expectations so firmly anchored, the Federal Reserve, Bank of England, and Bank of Japan are all erring on the side of providing too much stimulus, rather than providing too little...MORE»
Monday, May 6th, 10:28AM
The developing economies of Asia have rightly been dubbed the factories of the world. However, with currencies and wages appreciating will Asia start losing market share to other developing regions and even witness a reversal of the outsourcing trend as developed economies become more competitive?MORE»
Friday, May 3rd, 8:00AM
The strong dollar is doing little to help the economy but investors banking on it may be in for a sharp shock.MORE»
Geneva Finance’s moratorium repayment of $4.9 million, due on September 30, will be paid on May 8, 22 weeks ahead of schedule, the NZAX-listed vehicle loan provider said. MORE»
Dorchester has increased its profit guidance and announced it intends to pay dividends for the first time since 2007. MORE»
New Zealand and Israel are the only OECD countries without deposit insurance for bank savings accounts. MORE»
The Reserve Bank has asked for submissions on its review of the prudential regime for non-bank deposit takers (NBDTs). MORE»
Beleaguered lender Allied Farmers, which faces two separate statutory demands totalling more than $4 million, says it could be put into liquidation if a repayment proposal can’t be agreed on. MORE»
NZF Group won’t be resuming interest payments despite the “imminent” lifting of an asset freeze order stemming from a court dispute. MORE»
AMP has implemented changes to the make-up of its KiwiSaver funds in response to a review of its strategic asset allocation. MORE»
None of the KiwiSaver funds monitored by Morningstar have experienced negative returns over any of the one-, three- or five-year monitoring periods, which co-head of fund research Chris Douglas says has come as a pleasant surprise. MORE»
A KiwiSaver model is needed that makes it possible for financial advisers to provide the level of advice the KiwiSaver members need, in a way that is also cost-effective for advisers, says the author of a new report on the scheme. MORE»
Fisher Funds is now the biggest New Zealand-owned and managed KiwiSaver provider, after the acquisition of TOWER investments. MORE»