A major bank has cut rates, but should you take them?

A major bank has cut rates, but should you take them?

Commentators see good news for borrowers in a likely pause to the increases in home loan rates in recent weeks.

7:10pm

Chief Children's Commissioner Claire Achmad

'Unacceptable': Children's Commissioner says child poverty progress has stalled

Almost 170,000 children are now living in material hardship nationwide.

6:24pm

2:23

National carrier posted a loss before tax of $59 million, citing ongoing volatility, global engine maintenance impacts and a slow recovery in domestic demand.

Air New Zealand posts multi-million dollar first-half loss

David Seymour said 'virtue-signalling fantasies' have been distractions for the national carrier.

1:58pm

3:58

The moves came in the wake of last week's decision by the Reserve Bank to hold the official cash rate at 2.25%.

Major bank lowers longer-term mortgage rates

The move followed last week's decision by the Reserve Bank to hold the official cash rate at 2.25%.

7:36am

1:31

Justice Minister Paul Goldsmith said the Summary Offences Act will be amended to give police officers additional enforcement powers.

Minister calls Police Assn 'out of touch' on new move-on powers

Shopkeepers and business leaders wanted the powers, but homeless people warned they raised the question of where they were supposed to go.

Tue, Feb 24

The business outlook seems to be improving, Amova Asset Management's head of equities said. (File photo).

More than 20 companies yet to report results as season nears end

The last week of the corporate reporting season is underway with more than 20 companies yet to report their results to the December 31 balance date.

Mon, Feb 23

Two business people shaking hands.

Wages going backwards - even $100,000 in Aus isn’t what it used to be

Six figures used to mean a comfortable life across the Tasman, but not now, writes Christopher Hoy.

Mon, Feb 23

French President Emmanuel Macron, center, with Christiane Lambert, left, at the International Agriculture Fair during the opening day in Paris, Saturday, February 21, 2026.

Global leaders and businesses pore over fallout of more US tariff swoons

Governments and companies around the world scrambled to determine the impact of the US Supreme Court ruling that struck down some of the Trump administration sweeping global tariffs.

Sun, Feb 22

Incoming Reserve Bank Governor Dr Anna Breman.

Reserve Bank governor warns businesses against passing on higher costs

Anna Breman said inflation expectations have been rising among economic forecasters and businesses - something she is not happy about.

Sun, Feb 22

US President Donald Trump.

Trump wants to impose 15% tariff, up from 10% he initially announced

The president's shifting announcements over the last year that he was raising and sometimes lowering tariffs with little notice jolted markets and rattled nations.

Sun, Feb 22

Specialist Thomas McArdle works at his post on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026

Wall Street keeps calm after Supreme Court strikes down Trump's tariffs

Trump said that the Supreme Court’s tariff ruling had other countries "dancing in the streets, but they won’t be dancing for long."

Sat, Feb 21

Clothing shops were being hit particularly hard, and spending on apparel seemed to be in persistent decline (file image).

Sky-high bills handcuffing household spending – Kiwibank

Households spending more than a third more on utility bills than they did a year ago do not have much money left for fun stuff, Kiwibank economists say.

Sat, Feb 21

Your KiwiSaver fund is quietly supporting a range of businesses.

Higher KiwiSaver contributions may mean lower pay rises

Kelly Eckhold, chief economist at Westpac, said it was likely that all else being equal, pay rises this year would be lower.

Fri, Feb 20

If your neighbour's property looks like a mess, that could make it harder to get a premium price for your property.

Messy neighbours, planes overhead: What drops the value of your house?

If your neighbour's property looks like a mess, that could make it harder to get a premium price for your property.

Thu, Feb 19

BNZ has followed other major banks in lowering some of its variable mortgage rates following yesterday's major OCR cut.

OCR kept on hold: What the Reserve Bank announcement means for you

Follow 1News' live updates as the Reserve Bank announces its decision on the official cash rate (OCR).

Wed, Feb 18

Is NZ's inflation dragon back? Why today's OCR decision matters

Is NZ's inflation dragon back? Why today's OCR decision matters

It's new Reserve Bank Governor Anna Breman's "debut against the New Zealand inflation dragon", says ASB economist Wesley Tanuvasa.

Wed, Feb 18

The agreement is set to be signed in the first half of next year.

Labour sets its demands on Govt's India deal before backing it

Chris Hipkins noted Prime Minister Christopher Luxon was committed to a deal one of his coalition partners had refused to support.

Sun, Feb 15

Treasury secretary Iain Rennie said New Zealand risked falling behind unless it acted now to rebuild its rundown hospital network.

Treasury warns hospitals need investment, says Govt should borrow more

Treasury secretary Iain Rennie said New Zealand risked falling behind unless it acted now to rebuild its rundown hospital network.

Fri, Feb 13

Immigration Minister Erica Stanford.

Stanford hails $3.39 billion boost from new 'golden visa'

The visa aims to attract investors with at least $5 million to spend.

Fri, Feb 13

Green co-leader Chlöe Swarbrick (left) and Finance Minister Nicola Willis (right). (Source: 1News/Getty)

Reserve Bank Covid probe: Willis denies claims timing 'a bit sus'

The probe has support - but opposition MPs are crying foul over the timing.

Thu, Feb 12

The Government wants taxpayers to pay for a new liquified natural gas import terminal, but is promising lower power prices will come as a result.

Minister want to bypass own fast-track law to speed up new gas terminal

The government plans to rush through as many of the required approvals as possible ahead of the election, "to give the preferred supplier greater policy certainty that New Zealand is committed to developing the facility", a Cabinet paper said.

Thu, Feb 12

Finance Minister Nicola Willis.

Nicola Willis orders review into Reserve Bank's pandemic decisions

“The purpose of the review is to learn from experience," the Finance Minister said.

Wed, Feb 11

Energy Minister Simon Watts has announced a contract is expected to be signed by the middle of the year.

New liquified natural gas terminal: 'Vital' or 'bonkers'?

The Government wants taxpayers to pay for a new liquified natural gas import terminal, but is promising lower power prices will come as a result.

Tue, Feb 10

Two major banks trim short‑term mortgage rate, lift others

Two major banks trim short‑term mortgage rate, lift others

Both banks have reduced their six‑month mortgage rate while raising some others, citing rising wholesale funding costs and ongoing pressure in fixed‑rate markets.

Mon, Feb 9

Alice Taylor is going back to basics. (Composite image: Vania Chandrawidjaja, 1News)

Striving to feed your family on a budget? Take a leaf from Grandma's book

Alice Taylor celebrates old-fashioned cooking with recipes for a simple, tasty curry and a deliciously saucy chocolate pudding.

Sat, Feb 7