Reserve Bank narrows odds on new Governor cutting in February
It published a rate track suggesting this is likely to be the lowest the official cash rate goes…
Reserve Bank cuts Official Cash Rate in final decision of 2025 before new governor begins
Liam Dann is business editor-at-large for the New Zealand Herald. He is a senior writer and columnist, and…
NZ sharemarket starts week up 0.6% – Market close
A larger reduction? Greg Smith, investment specialist at Generate, said there was a positive sentiment for global markets…
OCR Preview: Another rate cut coming – but will it be the last?
“We don’t expect the RBNZ to cut further next year (barring a global shock),” said ANZ chief economist…
Wall Street falls ahead of Nvidia results amid doubts over US rate cuts
It’s the weakest reading since April, when President Donald Trump imposed higher-than-expected tariffs. Europe lacked inspiration too with…
Business Insider Email Newsletters: Subscribe Now
The economy’s not in a recession, but the job market sure feels like we’re recovering from one. The…
Tenancy Tribunal rules landlord’s water rate claim against former tenant unfair
The tenant maintained he shouldn’t be accountable for the water rates bills that were neither presented during the…
Employment data dominates quiet day on NZ sharemarket – Market close
“The big news of the day was the unemployment print. It was in line with expectations, but, notwithstanding,…
Unemployment hits 8-year high, youth rate rises to 15%
The unemployment rate for young people experienced a significant increase over the year, Stats NZ said. The unemployment…
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…
Tauranga Mayor Mahé Drysdale and councillors rate their performance after a year
Drysdale rated himself a seven for leadership, as did his deputy Jen Scoular, but four colleagues gave him…
Pound falls after inflation raises rate cut hopes
BP’s offshore wind joint venture is halting work on a project in America and laying off its staff…