Consumer confidence stays weak despite Reserve Bank rate cuts
“Reductions in the official cash rate and the related falls in mortgage rates will help to boost many…
Senate confirms Trump adviser to top Fed role, despite central bank’s independence
Senator Lisa Murkowski of Alaska was the only Republican who voted against confirming Miran. The vote was otherwise…
Appeals court allows Federal Reserve governor Lisa Cook to keep her job
The central bank is expected to decide at a meeting tomorrow and Thursday NZT how much to cut…
NZX lifts 0.2% as markets wait for Fed decision – Market close
Google’s parent company, Alphabet, became the fourth company to reach a US$3 trillion (NZ$5t) market capitalisation. The NZX…
Missing diver rescued after three hours adrift at Goat Island Marine Reserve north of Auckland
Kawau Coastguard president Paul Steinkamp told the Herald they received a callout just after 9pm. “We had what…
Fisherman fined $15,000 for illegal trawl in Kahurangi Marine Reserve
Scoles brought about 700kg of finfish on to his vessel, Winbill, from the trawl. Snapper, gurnard, rig and…
NZ stocks end flat as US Federal Reserve decision looms – Market close
On Thursday, Stats NZ releases June quarter GDP data, which economists expect to show the economy contracted after…
Chris Hipkins hoses down discussion on Labour tolerating higher inflation after Barbara Edmonds’ interest in discussing idea with economists
“It’s a debate and a discussion that does need to be had,” Edmonds said. “I’d be open to…
When connected with other national parks, the koala haven would create a 476,000ha reserve
“We’ve listened carefully and we’re making sure workers, businesses, and communities are supported every step of the way.”…
Reserve Bank cuts OCR, economic recovery delayed but hopeful
At 3%, it’s well down from the 15-year peak of 5.5% that prevailed just over a year ago.…