Are recent mortgage rate increases justified? Banks accused of putting profits ahead of NZ’s economic recovery
The banks’ moves came as swap rates, which influence longer-term mortgage rates, spiked in the fortnight following the…
Capital gains tax poll reveals option with most support: How it differs from Labour policy
Labour says “every dollar raised” from the policy, which applies from July 2027, would go to the country’s…
$4.7b landlord Goodman Property Trust increases net profit 35%, starts at ex-Villa Maria estate
Spence described the portfolio as strong and resilient in the downturn. James Spence, Goodman Property Trust chief executive.…
Sustainable Business and Finance: Solar power seen as key to easing NZ’s energy crisis
One of the biggest misconceptions about solar in New Zealand is that it needs sunshine, but McCarthy says…
Tauranga City Councillors get 15.56% pay rise, mayor’s salary increases to $193k
Drysdale said: “I think this is sensible”. “Obviously, we’ve got a pool of money that we have to…
Hawke’s Bay rent prices drop slightly as demand softens – but crisis persists, a family says
The Ministry of Business, Innovation and Employment (MBIE) also publishes rental data based on bonds from new rentals,…
Gen Z job crunch: Record numbers of applicants as unemployment increases
“I was applying to at least 10 [jobs] a day for the first couple of weeks,” she said.…
Councillor salaries jump by up to 30.5% in Whanganui, Ruapehu and Rangitīkei
Whanganui Mayor Andrew Tripe will be paid $166,304, up about 3.25% from $161,075. His councillors are in line…
Wattie’s NZ taking fewer tomatoes, corn, beetroot until demand increases
“In recent years, Wattie’s has seen a reduction in demand for homegrown canned fruit products and has not…
Rotorua pensioner housing residents unhappy with council’s new partnership
The move was aimed at reducing the cost to the general ratepayer and improving the quality of pensioner…
Airways NZ boss reveals more about cause of August air traffic control outage, responds to anger over fee increases
But much of that region has virtually no air traffic, or just a few long-haul flights flying at…
Gisborne mayoral candidates united: Rates rises ‘not sustainable’
Fisher said Gisborne’s regional rates had increased 30% over the past three years and asked candidates for their…