RNZ
It cracked the mark at the end of last year as slowing inflation and the prospect of lower interest rates lifted share investments.
Japan's top currency officials warned on Wednesday against what they described as rapid and speculative yen moves overnight when the Japanese currency broke past 150 yen, undermining the trade-reliant economy.
1News' Katie Bradford takes a look at another tough day for the construction giant.
The bank said the interest rate cycle has been a big influencing factor on the results it's posted.
Influential RBNZ survey shows a decisive drop in the expectation of future levels of inflation in a result that will give the RBNZ comfort ahead of its next Official Cash Rate decision
A group of Kiwi fund managers want the modern slavery bill to require companies to conduct due diligence and take action to stop exploitation in their supply chains.
Newsroom
Business and Investing: ANZ not ruling out 25 basis point hikes in February and April, which would take the cash rate to 6%
The Reserve Bank previously warned the OCR "would likely need to increase further" if inflationary pressures are "stronger than anticipated".
www.stuff.co.nz
Westpac is reducing the interest rate it charges on a number of its home loan terms. The one-year special rate drops by 10 basis points, to 7.29%. Eighteen months drops by 20 basis points, to 6.95%.
NZ Herald
Investors are chasing the return paid on money in the bank, leading to a warning that short-term gain may make for long-term pain by missing out on equity...
NBC News
In Cuba, residents worry that new austerity measures will exacerbate an already dire economic situation on the island with high inflation and shortages in basic goods and medicine as Cuba's president said no one will be "abandoned."
There's a looming crunch coming for the residential construction industry as new dwelling consents continue to tumble
www.stuff.co.nz
There’s a warning that a proposed tax change could mean thousands more taxpayers end up paying the 39% tax rate, despite not earning $180,000 a year.
Newshub
"It's a long way to 2 percent."
Reserve Bank chief economist Paul Conway suggests softer GDP and CPI data doesn't mean the central bank will cut interest rates
www.abc.net.au
A Hong Kong court has ordered one of China's biggest property developers, Evergrande Group, to liquidate, which could have severe consequences not just for China, but other economies including Australia.
RNZ
The new government inherited finances in better shape than expected, according to latest Treasury figures.
MTF Finance is the 2023 Otago Daily Times Business of the Year. Chief executive Chris Lamers talks to business editor Sally Rae about a quiet...
The New Zealand sharemarket finished “a roller coaster” year with a 2.6% gain after seeing in the New Year on a flat note.
Even though most Australians say 'immigration is too high', their Government's new Migration Strategy could see them sucking even more workers out of New Zealand, both skilled and unskilled
RNZ
ASB has decreased its two-year rate from 7.05 percent to 6.89 percent.
CoreLogic New Zealand
The CoreLogic NZ December Housing Chart Pack shows that national property values rose by 0.7% in November, marking the second monthly increase as the residential market cycles into its 'next phase'.
Newshub
"The real battle is getting inflation from 4 to 5 percent down to 2 percent and that's where I think it's going to be a slow, long crawl."
NZ Herald
The Reserve Bank has today left the official cash rate unchanged at 5.5 per cent. The RBNZ warned that inflation remained too high and monetary policy would...
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