Grim warning from Reserve Bank as it braces for full impact of oil shock
The next meeting of the Reserve Bank Monetary Policy Committee (May 27) will include a full statement with…
OCR preview: Reserve Bank tipped to hold cash rate despite Iran war shock
BNZ economists remain the most hawkish, picking a rate rise at the September review (although this is a…
Bank of Japan rushes to pave way for rate hikes amid rising oil prices, weak yen
Bank of Japan April increase seen as likely after March meeting opinions, studies The market anticipates a 70%…
Hastings ratepayers asked to choose between two different rate rises
One is a 5.9% rate increase that the council said would keep costs more affordable now but would…
BNZ, Kiwibank mortgage rate hikes: How new fixed home loan deals compare
BNZ announced hikes to some home loan interest rate terms this morning. The latest rises come a day…
How does your school rate? New analysis of 500 colleges’ NCEA results ranked against house prices
Want to know which top-performing high schools are close to affordable housing? The Herald’s Ben Leahy is back…
NZX unbothered by Aussie cash rate lift – Market close
The Reserve Bank of Australia increased its cash rate, as expected, by 25 basis points to 4.1%, saying…
Recession Not Expected, Treasurer Says, but Markets Push Toward March Rate Hike
Treasurer Jim Chalmers said a recession is “not something that we’re anticipating or expecting” for Australia even as…
Government U-turn: Scott Simpson orders fresh advice on child deaths linked to blind cords
Since 2009, eight small children have died from getting caught in blind cords, mainly roman blind cords. Simpson…
Napier’s squabbling councillors get the region’s biggest pay bump
Roger Brownlie remains Mayor Richard McGrath’s deputy mayor until the Tuesday meeting’s vote, a council spokesperson has confirmed.…
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…
Mortgage rate U-turn: BNZ cuts long-term rates, 3yr loan dips back under 5%
The largest cut, a 40bps drop, will see the five-year fixed home loan rate fall from 5.69% to…