Author name: xeronmer

Get your hands on part of an A380 – from the lavatory to the business class bar

Get your hands on part of an A380 – from the lavatory to the business class bar

Aircraft enthusiasts everywhere will soon be able to get a small slice, or in some cases quite a big slice, of aviation history next week as parts and trim for an A380 goes under the hammer. . More than 500 items will be auctioned over three days at a charity event in France, with the …

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Should the prospect of a recession make the Reserve Bank more cautious on OCR?

Should the prospect of a recession make the Reserve Bank more cautious on OCR?

LOUIS DOUVIS/Sydney Morning Herald Australia’s central bank now appears to be taking a more “wait and see” approach to what is happening in the economy. The Reserve Bank of Australia threw the spade among the pigeons by only raising its official exchange rate by 25 basis points on Tuesday, on the eve of the New …

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More businesses are seeing light at the end of the tunnel, says think tank

123RF The survey responses confirm the view that inflation will ease, says NZIER. Businesses have lost some of their pessimism about the economic outlook, but remain optimistic about the future, according to a survey by the New Zealand Institute of Economic Research. The latest quarterly survey from the business opinion think tank found that 42% …

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‘One of the worst times for New Zealand home values’: New CoreLogic data shows further falls

Business Editor Liam Dann explains the official exchange rate and how the Reserve Bank defines OCR to influence the economy. Home values ​​in New Zealand have suffered one of the biggest declines in three months, and this is set to continue with interest rates set to rise further today. Nick Goodall, head of research at …

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Couple ditches roommate to avoid energy crisis over winter living in refurbished van

Couple, 23, who are ‘sick and tired’ of paying £900 a month in rent and bills reveal they swapped flats for life in a converted van to save money Ollie Pearson and Tessie Mitchell, both 23, from Bristol, live in a refurbished van The couple gave up their roommate to avoid an energy crisis during …

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