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Browsing Tag

cuts

52 posts
HHeadlines
BNZ cuts mortgage rates to match rivals ahead of OCR announcement
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BNZ cuts mortgage rates to match rivals ahead of OCR announcement

  • October 6, 2025
ASB, ANZ and Westpac cut their two-year fixed rates to 4.65%. The five major banks, including Kiwibank, dropped…
BBusiness
Tauranga business cuts staff hours after paid parking hits sales
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Tauranga business cuts staff hours after paid parking hits sales

  • October 4, 2025
Evans said she had reduced some staff members’ hours and if sales didn’t improve in a few weeks,…
BBusiness
Westpac cuts home loan rates as mortgage competition intensifies
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Westpac cuts home loan rates as mortgage competition intensifies

  • October 2, 2025
General manager of product, sustainability and marketing Sarah Heran said it would mean the one-year special rate had…
MMarkets
House prices New Zealand: Economists say Official Cash Rate cuts needed to boost market
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House prices New Zealand: Economists say Official Cash Rate cuts needed to boost market

  • October 1, 2025
“This also suggests that mortgage rates could have a bit further to fall yet, especially for floating or…
BBusiness
Hawke’s Bay: Rates arrears concern in Wairoa as amount owing doubles in one year
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Mortgage rate cuts: ANZ drops fixed rate below 4.5% day after BNZ as OCR decision due next week

  • October 1, 2025
She said ANZ was continuing to review home loan rates in response to international and local market conditions,…
EEntertainment
Media Insider: RNZ cuts youth brand Tahi, shows, and roles as part of funding cutbacks
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Media Insider: RNZ cuts youth brand Tahi, shows, and roles as part of funding cutbacks

  • October 1, 2025
One source said Tahi’s social media growth had been “abysmal”. “The youth market is notoriously difficult and despite…
BBusiness
BNZ cuts one-year fixed mortgage rate below 4.5% as next OCR decision looms
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BNZ cuts one-year fixed mortgage rate below 4.5% as next OCR decision looms

  • September 29, 2025
“For someone moving from our current average one-year rate of 5.19% per annum, with a $500,000 mortgage over…
BBusiness
Sealord proposes 59 more job cuts as Nelson operations shift to seasonal
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Sealord proposes 59 more job cuts as Nelson operations shift to seasonal

  • September 26, 2025
“We would prioritise roles for our hard-working wetfish and coated factory staff during hoki season should these proposals…
BBusiness
Pan Pac cuts 20 jobs at Whirinaki mill – management and support roles lost
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Pan Pac cuts 20 jobs at Whirinaki mill – management and support roles lost

  • September 25, 2025
Clifford said during this time the company was able to keep all of their 440 staff employed, before…
BBusiness
Pan Pac cuts 20 jobs at Whirinaki mill – management and support roles lost
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Pan Pac cuts 20 jobs at Whirinaki mill – management and support roles lost

  • September 24, 2025
Clifford said during this time the company was able to keep all of their 440 staff employed, before…
BBusiness
US Fed chief says two more rate cuts in 2025 a probability, not certainty
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US Fed chief says two more rate cuts in 2025 a probability, not certainty

  • September 17, 2025
The central bank faces competing pressures in adjusting rates, with Trump’s sweeping tariffs fuelling inflation risks while the…
EEconomy
Consumer confidence stays weak despite Reserve Bank rate cuts
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Consumer confidence stays weak despite Reserve Bank rate cuts

  • September 17, 2025
“Reductions in the official cash rate and the related falls in mortgage rates will help to boost many…
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