International Monetary Fund downgrades global economic outlook – how did New Zealand fare?
In this case, the world’s GDP growth falls from an expected 3.4% in 2026 to 3.1% in 2026.…
ANZ now tips three RBNZ OCR hikes, starting in July
ANZ had previously been forecasting the first hike in December. After “solid hints” in last week’s statement, Zollner…
Daylight saving time 2026: When the clocks change and what it means for your long weekend
The change to daylight saving is a good time to check smoke alarms. Why do we observe daylight…
ANZ business confidence plunges as Iran conflict, fuel costs hit outlook
The “own past activity” indicator fell from 23% to a net 18% of firms reporting stronger activity than…
The Warehouse Group lifts half year profit but warns on outlook pressure
Group gross profit margin contracted to support the cycling through of old inventory, dropping 20 basis points to…
Exchange Online down again: Outlook mobile and Mac users affected
Microsoft is working on a solution for an outage in Exchange Online affecting users of Outlook for mobile…
Fitch puts New Zealand AA+ rating on negative outlook over rising debt
But the AA+ rating reflected New Zealand’s “advanced and wealthy economy, high governance standards, and robust policy framework”.…
US Fed raises inflation outlook over ‘uncertain’ Iran war impact
“But it is too soon to know the scope and duration of the potential effects on the economy,”…
Southeast Asian exporters recalibrate as US tariff turmoil clouds outlook
Trump tariffs Businesses seek to de-risk while awaiting legal clarity from Washington A container is loaded onto a…
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…
Reserve Bank keeps cash rate steady as early recovery takes shape
Newly-appointed Reserve Bank Governor Anna Breman, speaking at her first monetary policy news conference, said the bank was…
Freightways lifts revenue and margins on improving economic outlook
Freightways’ Express Package and Business Mail division delivered revenue growth, ebita growth and margin improvement during the half…