Weak rental market to persist with low migration and slowing wage growth
Tauranga rents fell 0.2% to $683/week and Christchurch was down 1.5% to $532/week. Dunedin is the only place…
New Zealand sharemarket inches upward amid recovery hopes – Market close
The local market has quietly gone about making steady gains over the last 12 months. At the end…
Unemployment preview: New stats to reveal job market is still weak
“The labour market tends to lag the economic cycle.” Employment and demand for labour looked to be edging…
NZ stocks end firm after SkyCity, Vulcan, annual meetings – Market close
Harbour Asset Management portfolio manager Shane Solly said FPH had gained on the back of a positive earnings…
Cotality data shows house prices up 0.2% in October, green shoots visible
“That being said, sentiment remains tilted to the cautious end of the spectrum, and of course, the economy…
Sir Michael Hill’s superyacht The Beast listed for US$14.5m sale
“I love the fascination of being on the water and the sense of adventure,” Hill told Boat International…
NZ sharemarket edges higher as NZME lifts earnings guidance – Market close
“The index did follow in kind with US markets hitting record highs. “The latter part of our session…
Microsoft faces possible A$50m penalty in Australia, ticking-off letter in New Zealand
Consumer NZ said it was the same situation for New Zealand users of Microsoft 365 Personal and Family…
NZ sharemarket gains in Labour day catch-up – Market close
In the United States, the S&P 500 Index went above 6800 points for the first time after gaining…
Mortgage rates: TSB introduces 4.39% one-year fixed rate, putting bank ahead of competitors
“As a community-owned bank, we’re here to support Kiwi, and this is one of the ways we’re showing…
Qualcomm shares soar 20% on new AI server chip launch
The company said the AI250, expected in 2027, would be 10 times more effective in memory bandwidth than…
Christchurch’s Little High Eatery sold but founders keep stake in new deal
The McKenzie & Willis heritage facade in Christchurch after the 2011 earthquake. Photo / Supplied The facade that…