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…
Nicola Willis says latest inflation data a ‘blip’, but acknowledges Reserve Bank will eventually have to start hiking interest rates
Nicola Willis this morning told Parliament’s Finance and Expenditure select committee her confidence that inflation would sit within…
Danyl McLauchlan: Trouble for Winston Peters as Kiwi workers wake up to his party’s limitations
Sometimes it’s the little things – like Winston Peters’ recent rebuke of Anna Breman, the recently appointed Reserve…
Interest rate hikes to come this year – economists shift forecasts after elevated inflation
That brings them into line with market pricing. BNZ head of research Stephen Toplis described inflation as “worryingly…
Mortgage rates: Bunch of floating borrowers miss the boat on lowest rates
The reason rates rose, despite the OCR cut, was that traders in financial markets weren’t expecting the Reserve…
NZ sharemarket ends week down almost 2% – Market close
Shane Solly, portfolio manager with Harbour Asset Management, said there’s no pull-back in non-tradeable domestic inflation (at 3.5%)…
Māngere College intervention: Statutory manager appointed over poor attendance, NCEA results
A month later, the Ministry of Education appointed a limited statutory manager (LSM) to oversee the school’s board.…
CPI preview: Stubborn inflation could mean interest rates rise sooner than forecast
The main drivers of the increase would be higher prices for fuel, airfares, household energy and accommodation, and…
Study says penguins are bringing forward their breeding season as Antarctica warms
For this study, scientists observed nesting zones of Gentoo, Chinstrap and Adelie penguins between 2012 and 2022 using…
Granny flats: What new rules mean for costs, consents and your rates
people need to understand the changes so they could plan with confidence. “Granny flats can make a real…
Whangārei parents fight to save free kids’ bricks and sticks play room
The mother believed it was short-sighted of the council to consider leasing the space to a business. “We…
India set to end 2025 on strong economic footing with high growth, low inflation: Govt
New Delhi [India], December 30 (ANI): India is on track to conclude 2025 as one of its most…