News | Business
17 May 2022 17:33
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    The impact of Omicron's being felt, both on international markets and those at home

    The impact of Omicron's being felt, both on international markets and those at home


    ANZ economist Finn Robinson says our sharemarket took a big knock yesterday.

    He says inflation is high so central banks will have to take away the punchbowl of low interest rates, which is bothering markets and is going to weigh on the economy.

    Robinson says people are expecting US interest rates to go up, which reduces people's appetite for risk, and flows through to New Zealand shares.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     17 May: Should you leave your money in superannuation or put it towards a deposit for a first home?
     17 May: Kiwis are getting less bang for their buck, as staffing and supply chain woes stall the economy
     17 May: An ongoing challenge for the Reserve Bank, trying to keep inflation under control
     16 May: An investment in changing the way we farm
     16 May: A Government lifeline for businesses hit by ram raiders will likely be revealed next week
     16 May: Push-back from the energy industry ... on the Government Emissions Reduction Plan
     16 May: Stockbroker, sharemarket analyst, journalist and co-founder of Milford Asset Management, Brian Gaynor, has died
     Top Stories

    RUGBY RUGBY
    Blues midfielder Rieko Ioane has been ruled out of this weekend's Super Rugby Pacific match against the Brumbies in Canberra with a hamstring strain More...


    BUSINESS BUSINESS
    Should you leave your money in superannuation or put it towards a deposit for a first home? More...



     Today's News

    Entertainment:
    Ariana Grande is reportedly ready to start a family with husband Dalton Gomez 17:18

    Law and Order:
    One person has serious injuries and another's in custody after an assault at Wellington's Tawa College this afternoon 17:10

    Rugby League:
    In form Central Pulse wing defence Paris Lokotui will miss the remainer of netball's ANZ Premiership after suffering a torn anterior cruciate ligament in her left knee 16:50

    Entertainment:
    Teddi Mellencamp got a neck lift because her "body lost that elasticity" 16:48

    Health & Safety:
    Lower Hutt's Mayor wants more clarity around his local hospital's future 16:40

    Politics:
    The next step in rolling out a school-based mental health support service 16:20

    Entertainment:
    Fran Drescher says being "rarely alone without " her service dog helps her PTSD 16:18

    Entertainment:
    Phoebe Bridgers, Billie Eilish and Megan Thee Stallion have signed an open letter opposing the US Supreme Court's proposed abortion rights rollback 15:48

    Entertainment:
    Ariana Grande won't drop a new album until she's wrapped 'Wicked' 15:18

    Business:
    Should you leave your money in superannuation or put it towards a deposit for a first home? 15:10


     News Search






    Power Search


    © 2022 New Zealand City Ltd