Westpac lifts longer-term mortgage and term deposit rates by whopping 30 basis points
Indeed, Westpac said wholesale rate rises were behind its decision to lift its two-, three-, four- and five-year…
Air New Zealand updates rules of portable power bank usage on flights
Multiple international airlines, including Singapore Airlines, Thai Airways, South Korean Airlines, Qantas, Virgin and China Airlines, banned the…
Executive leaves bank after mock ‘terrorist’ prank at work Christmas party
An anonymous employee reported the incident to gossip account The Aussie Corporate, which shared the allegations on Instagram…
New Reserve Bank Governor Dr Anna Breman keen on transparency and cautious on money printing
A proponent of transparency, she stressed that any changes to the way monetary policy decision-making was communicated should…
International economists pick Reserve Bank will have to cut Official Cash Rate again
The Kiwi dollar was more sensitive than peers to shifts in global risk appetite, BMI said. “Key headwinds…
Redeveloped Toi Tauranga Art Gallery now open: I’m quite overwhelmed with what we have achieved’
The problem with the Tauranga Art Gallery was that it faced the wrong way. The building originally belonged…
Why Consumers Are Feeling Spending Strain As Holiday Gifting Begins
Santa won’t be the only one tightening his belt this year — the American consumer is already feeling…
South Korea central bank maintains rates as won weakens
Economy Bank of Korea keeps lid on excessive borrowing amid heated housing market The Bank of Korea’s policy…
Reserve Bank Governor Christian Hawkesby comfortable, despite markets suggesting fixed mortgage rates might rise soon
Asked on Thursday morning what he made of swap rates rising, Hawkesby told the Herald, “I think we…
Reserve Bank gets new chair, board member
“The appointments are the latest milestones in the refresh of the Reserve Bank,” Finance Minister Nicola Willis said.…
Do rate rises in response to the OCR cut suggest the Reserve Bank bungled its comms and slowed the economy recovery?
One expert the Herald spoke to was worried that the Reserve Bank strongly suggesting it was at the…
School uniform firm Sportclub collapses owing $1.5m to IRD, BNZ, NZRL
Liquidators detailed total assets valued at $22,086 at the time of the first report, with $21,192 in vehicles…