"I do want to be straight with New Zealanders — things could get worse before they actually get better," Luxon said, following a briefing from officials.
Business
2:19pm
2:47
Most industries recorded an increase in economic activity in the December quarter.
12:36pm
1:32
It was reported that more than US$2.7 billion in NFTs was being traded at the peak of the market, it now looks like quite a different picture.
Thu, Mar 19
The programme will air before Breakfast on weekday mornings.
New data released this morning showed the housing market has recorded back-to-back monthly sales declines for the first time in nearly three years.
4:36
An ongoing oversupply of wine on the market coupled with falling demand has led to a drop in the value and volume of wine exports.
Wednesday 6:48pm
Wholesale interest rates have risen in recent weeks amid global uncertainty linked to the conflict in the Middle East.
Wednesday 5:36pm
Banks are moving interest rates higher, but the right term to pick depends a lot on how you think the economy will fare through the rest of this year.
Wednesday 4:10pm
Nicola Willis promised to "pull out all the stops" for shoppers paying some of the highest food prices in the developed world.
Wednesday 12:26pm
It's a staple of the Kiwi diet, but the biggest price increase for mince in decades may leave people paying more for their traditionally cheap lunch.
Wednesday 9:50am
The changes followed a "significant" jump in wholesale rates amid global uncertainty.
Wednesday 8:42am
There was relief for savers, however, as Westpac boasted its one-year term deposit rate was now the best among the five biggest banks.
Tue, Mar 17
New figures from Stats NZ reveal how much air travel has increased in price, even before the onset of the Iran war.
IR takes over when a bank, insurance company or other institution holds money and has been unable to contact or locate the owner for five years.
The dairy co‑operative’s chairperson said Hurrell has completed a major turnaround of the business and helped rebuild farmers’ trust during his 25‑year career with Fonterra.
Mon, Mar 16
New legislation coming into force today requires all retailers to give customers at least three years to use gift cards.
A home support worker in Nelson, says it's getting increasingly difficult to do her job.
Sun, Mar 15
One person said there was "confusion" as people were able to pre-pay, but couldn't get the gas they wanted.
Fri, Mar 13
Flight disruptions will affect Marlborough Airport from next week due to volatile jet fuel prices, prompting the mayor to urge patience.
A worker in Christchurch said he was "gutted" for some of the people who had been working at the factory for decades, saying "this is their life".
Thu, Mar 12
The commission said it wanted consumers to feel confident petrol price increases are justified and had "communicated that directly".
The cancellations are due to affect around 44,000 passengers.
The son of former prime minister John Key said his construction business is owed "well into the range of six figures" by Teak Construction.
In the modern era, it is the route for supertankers carrying oil and gas from Saudi Arabia, Kuwait, Iraq, Qatar, Bahrain, the UAE and Iran.
The food manufacturing giant is also considering stopping production and sales Gregg's coffee and dips.
Wed, Mar 11
