Euro area annual inflation up to 3.2% – Euro indicators
Euro area annual inflation is expected to be 3.2% in May 2026, up from 3.0% in April according…
House prices are falling in Australia. That’s a good thing – if you believe housing is a basic human need | Saul Eslake
House prices in Sydney and Melbourne are down by 3.1% and 3.5% respectively, from their most recent peaks,…
US-Iran war impact: RBI likely sold $12 billion gold reserves to shield foreign currency assets, says report
According to an assessment by Bloomberg Economics, RBI sold gold worth around $12 billion during the two weeks…
Law change will stop iwi representatives voting on council committees
The Government will change the law to ensure only elected councillors can vote on council committees, which will…
Businesses face huge spike in shipping costs as Hormuz fuel crisis deepens
Businesses around the world are confronting a painful – and potentially long-lasting – rise in costs amid the…
RBNZ risks crushing already weakened economy to contain oil-driven inflation Kiwibank warn
Kiwibank now expects the RBNZ to begin hiking in July after a 3:3 split vote, warning the central…
Australia’s most overvalued housing markets revealed in new data
Australian capital cities that appear most “overvalued”, and potentially more vulnerable to the nation’s housing reckoning, have been…
Heartland boss: ‘I wouldn’t underestimate the task ahead of us’
Andrew Dixson, the chief executive of Heartland Group Holdings says a decision has not yet been made on which…
Cost increases due to Middle East crisis should not be used by supermarkets ‘as an opportunity to widen margins’ – Commerce Commission
With the ongoing conflict in the Middle East expected to put extra cost pressures on grocery products globally,…
Asia’s richest country tops global infrastructure ranking
The ranking is part of the publication’s 2026 Best Countries study, which evaluated 100 economies using data-driven methodology…
Australia lifts minimum wage by 4.75% as inflation reaccelerates
By Renju Jose and Stella Qiu SYDNEY, June 2 (Reuters) – Australia’s independent wage-setting body on Tuesday said…
Oil price rises to $97 a barrel as ‘Iran stops exchanging messages with US’ – as it happened | Business
Brent crude rising higher as Iran ‘pulls out of message exchanges’ with the US The oil price is…