Reserve Bank ‘open’ to further OCR cuts after today’s ‘shock treatment’
An economist says the Reserve Bank’s aggressive 0.5% cut to the official cash rate (OCR) highlights how much…
What OCR cut is coming today?
This afternoon’s official cash rate (OCR) decision by the Reserve Bank is expected to be a cut, but…
Kiwibank joins others in lowering interest rates
Kiwibank has cut its one-year special fixed home loan rate by 26 basis points, joining other banks at…
How a family of seven (plus five pets) eats well for less than $280 per week
Mum and businesswoman Danielle Coolbear Jenkins has found herself low on income lately, but not on inventive ideas…
Afterpay backtracks on ban on ‘no payment upfront’ for groceries and fuel
The buy now, pay later lender stopped allowing no upfront payments on essentials in order to ‘promote responsible…
Student loan borrowers blocked from forgiveness
The US Capitol in Washington, DC, US, on Thursday, June 5, 2025. Eric Lee | Bloomberg | Getty…
What you need to be among New Zealand’s richest people
What counts as a 1 percenter in New Zealand these days? The ‘1%’ is often used as shorthand…
One-year fixed mortgage rate slashed by major bank
BNZ will cut its standard one-year fixed home loan rate by 26 basis points to 4.49%. BNZ customer…
Bank predicts OCR may hit 2.25% by Christmas
ASB has forecast aggressive action from the Reserve Bank to “jumpstart” the economic recovery, predicting successive rate cuts…
Builder who fled to Aus over IR audit sentenced for $268k tax evasion
A Christchurch builder has been sentenced to seven months of home detention for failing to declare more than…
New AI roadside cameras crossing the line of driver privacy: report
Cameras used to photograph drivers breaking phone and seatbelt rules are bending privacy rules, according to an audit…
What does a flat of young Auckland women spend on groceries?
TVNZ’s Breakfast reporter Lucy Bendell lives with seven female flatmates in Auckland’s Epsom. The young professionals don’t share…