Inside Economics: Is AI to blame for pushing unemployment rate higher? Plus Aussies headed for downturn
You have described employment as a lagging indicator both going into and coming out of recessions, but what…
TSB cuts one-year fixed home loan rate to 4.39%
TSB is dropping its one-year fixed home loan rate to 4.39% per annum. Photo / Getty Images Burgess…
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…
Unemployment rises to 5.4% – highest level since 2015
Auckland’s unemployment rate is now 6.4% and Wellington is at 5.8%. However, despite the rise in the headline…
‘National’s worst fears’: Why it’s back to the future as pre-election rate hikes loom – Inside Economics
Owen V. A: Thanks, Owen. The answer is yes. Here’s what political journalist Vernon Small wrote in the…
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…
How does your school rate? NCEA, UE results at every college
The school year has roared back into life, with students, teachers and parents alike hoping for outstanding marks…
Has unemployment peaked? New jobs data due this week
“An emerging return to jobs growth means that the unemployment rate has likely reached its peak for this…
Westpac hikes longer-term fixed home loan rates, cuts six-month rate
The rates for four-year terms are also increasing for both special and standard rates by 0.1%, up to…
UK losing more jobs than it’s creating because of AI — and at a faster rate than its peer countries
For many of them, tech investments are already paying off. UK companies saw an average 11.5% productivity increase…
What you need to know if you don’t want your KiwiSaver rate to increase
Employers can then also match that reduced rate. The temporary reduction can stay in place for anywhere from…