Official Cash Rate cuts: Mortgage arrears at two-year low after OCR cuts
More than $2.2 billion in housing loans was classed as non-performing in October 2025, compared to $1.4b in…
ESPN apologises after coverage cuts out before Australia’s buzzer-beater winner over Tall Blacks
ESPN is owned by the Walt Disney Corporation and after the match cut out, there were minutes of…
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…
Reserve Bank cuts Official Cash Rate in final decision of 2025 before new governor begins
Liam Dann is business editor-at-large for the New Zealand Herald. He is a senior writer and columnist, and…
Fonterra cuts milk price mid-point forecast to $9.50/kg
At the last sale on November 19, the GDT price index fell by 3% while whole milk powder…
Wellington City Council overstaffed by 330, job losses likely as review recommends cuts
The review said $15 million-$37m could be found by cutting staff to “right-size” the council. The number of…
Wall Street falls ahead of Nvidia results amid doubts over US rate cuts
It’s the weakest reading since April, when President Donald Trump imposed higher-than-expected tariffs. Europe lacked inspiration too with…
Trump cuts US tariffs on coffee, beef and fruit to ease cost pressures
Democrats swept all three of those races, with an intense focus on cost-of-living issues. The list of tariff…
Briscoe Group sales dip as Rebel Sport slump offsets homeware gains
However, over the third-quarter total group sales fell by 1.76%, driven by a decrease in sporting goods sales…
Far North region plunged into darkness after substation failure cuts electricity for 23,000
“There is no evidence of fire or extensive damage on the site,” the post said. “One of the…
Far North power outage cuts electricity to more than 23,000 homes
Equipment failure at the Kaikohe substation was suspected but initial investigations by Top Energy crews on site showed…
Amazon cuts staff by 14,000 as it invests in AI
According to the reports, the cuts would target areas such as human resources, advertising and management in a…