Displaying items by tag: Reserve Bank

Cashflow pressures on dairy farmers are expected to rise in the 2015-16 season, with about 80% of farmers - representing almost 90% of sectoral debt - expected to have negative cash flow, says the Reserve Bank.

Farmers, you aren't alone! The Reserve Bank has joined you on drought watch.

It could be be two years before the mess in dairy prices regains some sort of equilibrium, according to Brent Love of KPMG who specialises in dairy agribusiness.

You know something is up in the farming world when three different government agencies are all casting a critical eye over the sector.

The Reserve Bank says the outlook for global milk prices is highly uncertain and the financial stress on the dairy industry could rise markedly if prices remain at current low levels in the 2015-16 season.

The economy is performing well but faces challenges arising from the Chinese economy, says Reserve Bank governor Graeme Wheeler.

Farmers are backing Reserve Bank Governor Graeme Wheeler's comments that the high New Zealand dollar is unjustified and unsustainable.

The exchange rate is unjustified and unsustainable and could tumble, says the Reserve Bank Governor Graeme Wheeler.

The Reserve Bank has increased the official cash rate (OCR) by 25 basis points to 3.5%.

The official cash rate (OCR) has been left unchanged at 2.5%.