Banks begin home loan response to OCR drop
Banks begin home loan response to OCR drop
Kiwibank, ASB and Westpac have announced reductions to their variable home loan rates in response to a drop in the official cash rate.
Business
Official cash rate cut to 3.5%
Official cash rate cut to 3.5%
The Reserve Bank has cut the official cash rate by 25 basis points to 3.5%, as widely expected, while warning of rising economic risks.
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Otago near top for ethical chocolate consumption
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Otago near top for ethical chocolate consumption
Otago chocolate lovers are among the most ethical when it comes to getting their sugar fix, with nearly 60% saying they would stop buying the confectionery from brands with ties to child labour.
Trump's latest tariffs take effect
Trump's latest tariffs take effect
US President Donald Trump's "reciprocal" tariffs on dozens of countries are set to take effect, including a massive 104% duties on Chinese goods, deepening his global trade war.
Finance Minister: 'We need NZ to be resilient'
Finance Minister: 'We need NZ to be resilient'
Finance Minister Nicola Willis has urged Kiwis to be "resilient" in the face of the global economic turmoil brought on by hard-hitting US trade tariffs this week.
PM condemns 'trade war' aftermath of Trump tariffs
PM condemns 'trade war' aftermath of Trump tariffs
NZ Prime Minister Christopher Luxon has made his strongest condemnation yet of US President Donald Trump's tariffs, denouncing a shift away from agreed rules and the risk of a global trade war.
NZX-50 ends day up 1%
NZX-50 ends day up 1%
The New Zealand share market has rebounded today, after billions were wiped out yesterday due to the volatility in financial markets caused by the US tariffs.
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Supermarket woes: fighting back — Ready to challenge duopoly
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Supermarket woes: fighting back — Ready to challenge duopoly
A Dunedin businessman is serious about competing with New Zealand’s two supermarket giants and is taking his plans to the government.
Trump threat to hike China tariffs further as markets plunge
Trump threat to hike China tariffs further as markets plunge
A global trade war touched by US President Donald Trump's sweeping tariffs has escalated further, as Trump threatened to increase duties on China and the EU proposed counter-tariffs of its own.
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NZ market down, fared better than others
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NZ market down, fared better than others
New Zealand’s sharemarket closed down 3.68% yesterday, but the country had a "quiet day" and fared better than its neighbours, a Dunedin financial consultant says.
First-home buyers struggle with KiwiSaver falls
First-home buyers struggle with KiwiSaver falls
Mortgage brokers say they are hearing from many first-home buyers wondering what to do about the slump in their KiwiSaver balances caused by Trump's tariffs.
Amisfield restaurant one of world's best
Amisfield restaurant one of world's best
Lake Hayes’ Amisfield has been named the third best international restaurant in the world in Food & Wine magazine’s Global Tastemakers Awards.
QMS takes full ownership of MediaWorks
QMS takes full ownership of MediaWorks
Australian outdoor media company QMS has taken full ownership of New Zealand advertising and radio company MediaWorks.
NZ sharemarket falls in worst session since pandemic
NZ sharemarket falls in worst session since pandemic
The New Zealand sharemarket has fallen sharply today following the rout on international markets at the end of last week.
NZ 'incredibly well-positioned' to weather tariff storm - Luxon
NZ 'incredibly well-positioned' to weather tariff storm - Luxon
Prime Minister Christopher Luxon says New Zealand is "incredibly well-positioned" to deal with global tariffs rolled out by the US.
All Woolworths stores close over price tag glitch
All Woolworths stores close over price tag glitch
All 185 Woolworths stores closed for a time on Monday morning due to a problem with electronic price tags.
Inland Revenue seeks to reduce complexity of FBT regime
Inland Revenue seeks to reduce complexity of FBT regime
Inland Revenue (IR) released an issues paper on reform of the FBT regime on April 1, the 40th anniversary of the regime’s introduction.
Trump's tariffs take effect
Trump's tariffs take effect
US President Donald Trump's unilateral 10% tariff on all imports from many countries have taken effect, with higher levies on goods from 57 larger trading partners to start next week.
Cutting-edge tech on way to fuelling future
Cutting-edge tech on way to fuelling future
A Christchurch company leading the way in zero-emission transition technologies is about to build hydrogen fuel stations, firstly in Invercargill and then in its home city, Tim Cronshaw reports.
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Fast-track panel for gold mine nominated
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Fast-track panel for gold mine nominated
Three Central Otago District councillors have been nominated for roles in processing the expected application for fast-track approval for a proposed Santana Minerals Bendigo-Ophir gold project.
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