Iran conflict: Petrol prices, interest rates and KiwiSaver – where you could feel the financial fallout
It is still early days in terms of market reaction and the conflict, so assessing the possible fallout…
Business confidence dips on interest rate fears but remains elevated
“The sharp turn in interest rates seen from late November until mid-February has had an impact on the…
Edgecumbe homekill butcher plans micro abattoir to cut meat waste
“Even a lot of farmers commented that they’d never seen the inside of an udder.” That fascination speaks…
NZ sharemarket rebounds with 1.6% gain – Market close
‘No foregone conclusion’ “The bank acknowledged positive signs in the economy and the slightly higher inflation, but indicated…
NZ sharemarket falls for third day ahead of RBNZ rate decision – Market close
Across the Tasman, the S&P/ASX 200 Index had gained 0.28% to 8,962.5 points at 6pm NZ time. Matt…
Treasury boss Iain Rennie raises flags over New Zealand being indebted to opaque foreign investors, as global factors push up interest costs
The pinch, in Rennie’s view, is that the Government has less insight into who owns the bonds than…
Reserve Bank expected to bring forward interest rate hike as inflation risk grows
In other words, the RBNZ is likely to shift its forecast to suggest that the next move for…
One and two-year mortgages are most popular again, ASB CEO Vittoria Shortt says
Of the whopping $13 billion of mortgages (including refinancing) all banks in New Zealand issued in December, 22%…
Dow surges above 50,000 for first time as US stocks regain mojo
US stocks had been under pressure this week, with the Nasdaq falling the last three sessions following big…
Australian central bank raises key interest rate to 3.85% – Nikkei Asia
Australian central bank raises key interest rate to 3.85% Nikkei AsiaAustralia politics live: Bullock refuses to rule out further…
ANZ hikes longer-term fixed mortgage rates, increases interest rates on term deposits
Only ANZ’s six-month fixed home loan rate will fall from 5.29% to 5.09% – a decrease of 20…
Hotel shares interest boosts end-of-month action – Market close
“It certainly put a dampener on expectations for the housing market, and the problem is that two or…