-
Strong NZ commodity prices, very strong used imports, strong Govt cash flows, Westpac changes fee levels, swaps unchanged, NZD holds, bitcoin soars
Here are the key things you need to know before you leave work today. MORTGAGE RATE CHANGES No changes reported today. DEPOSIT RATE CHANGES No changes here either. STRONG COMMODITY PRICES ANZ's commodity price index jumped in October - but only in NZD. That index was up to a level we last saw very briefly in February 2014 and before that March 2011. That makes October 2017 the third highest ever. In US dollar terms, meat, horticulture and forest products all showed good gains. October world prices were close to a three year high. VEHICLE RECORDS There were 14,118 used imports registered in October, the highest ... (full story)