South Korean central bank raises rates as economy shows strength
Economy With the economic boom concentrated among chipmakers, central moves to address inflation The central bank announced it…
Reserve Bank’s Paul Conway: Higher inflation expectations could make price pressures stick
“If people place greater weight on elevated inflation in their decisions, the risk of a temporary cost shock…
Legal threat by former TSB chair slows progress on proposed merger of TSB and Heartland Bank
Heartland told the NZX and ASX it expected to hear back from Toi sometime in August. It said…
Westpac first to lift interest rates following OCR hike
“We’ll continue working hard to support both borrowers and savers through an interest rate tightening cycle,” Westpac NZ…
NZ sharemarket pares losses as Reserve Bank lifts OCR to 2.5% – Market close
“The next [Consumers Price Index/CPI] inflation update is in two weeks, and the market is pricing in a…
Reserve Bank hikes Official Cash Rate to 2.5% – NZ Herald
Reserve Bank hikes Official Cash Rate to 2.5% NZ HeraldLive: Reserve Bank faces tough OCR call, with economists split…
Workers claim BNZ boss threatened to cut annual leave over office return
When he was challenged by an employee about how staff have “worked really hard” without a “great pay…
Search for missing Dargaville man Saxzin Steedman enters sixth day
Angie said she could not think of a reason for her son, who has autism, to disappear like…
OCR preview: Economists split as RBNZ weighs knife-edge cash-rate call
Governor Anna Breman cast a deciding vote to keep the rate on hold. The division between economists is…
BNZ staff stunned as key benefits scrapped for thousands of workers
The employee said the changes were announced in an email titled “BNZ staff banking proposition” and were framed…
There is an AI bubble and it will burst…but is that such a bad thing? – The Economy of Everything
In that case, the question for New Zealand is, can our economy avoid the worst of the fallout?…
IMF releases NZ report card. How do political parties’ policies stack up?
Spend less The agency suggests the Government somehow reduces the cost of New Zealand Superannuation over time. National…