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Economy

Composite image: Callum Lloyd, 1News

Are NZ politicians taking a quick-fix approach to an economy with deeper problems?

Opinion: Election promises are focusing on the next six months, but Frances Cook speaks to four financial experts who would prefer to shift the focus to the next 20 years.

Life

6:00am

Alphabet, a Wall Street heavyweight, plunged 12.6% in its worst trading day since its Class A shares began trading more than 20 years ago.

Historic drop for Alphabet's stock drags US market lower

Alphabet, a Wall Street heavyweight, plunged 12.6% in its worst trading day since its Class A shares began trading more than 20 years ago.

World

Fri, Oct 30

1:32

How far should you go for the best deal on fuel?

How far should you go for the best deal on fuel?

Currently fuel prices vary by as much as 35 cents per litre but finding the most affordable gas could involve a drive out of your way.

New Zealand

Fri, Oct 30

1:32

OCR wrap: Reserve Bank 'stuns' with surprise hold decision on rate

OCR wrap: Reserve Bank 'stuns' with surprise hold decision on rate

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

Business

Wed, Oct 28

The official cash rate is now set by a monetary policy committee.

RBNZ set to raise benchmark interest rate despite previously signalled pause

The RBNZ is expected to raise the official cash rate by 25 basis points to 3.0%, the third consecutive rate rise and the highest OCR level in a year.

Business

Wed, Oct 28

Composite image: Callum Lloyd, 1News

Are NZ politicians taking a quick-fix approach to an economy with deeper problems?

Opinion: Election promises are focusing on the next six months, but Frances Cook speaks to four financial experts who would prefer to shift the focus to the next 20 years.

Life

6:00am

Alphabet, a Wall Street heavyweight, plunged 12.6% in its worst trading day since its Class A shares began trading more than 20 years ago.

Historic drop for Alphabet's stock drags US market lower

Alphabet, a Wall Street heavyweight, plunged 12.6% in its worst trading day since its Class A shares began trading more than 20 years ago.

World

Fri, Oct 30

1:32

How far should you go for the best deal on fuel?

How far should you go for the best deal on fuel?

Currently fuel prices vary by as much as 35 cents per litre but finding the most affordable gas could involve a drive out of your way.

New Zealand

Fri, Oct 30

1:32

OCR wrap: Reserve Bank 'stuns' with surprise hold decision on rate

OCR wrap: Reserve Bank 'stuns' with surprise hold decision on rate

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

Business

Wed, Oct 28

The official cash rate is now set by a monetary policy committee.

RBNZ set to raise benchmark interest rate despite previously signalled pause

The RBNZ is expected to raise the official cash rate by 25 basis points to 3.0%, the third consecutive rate rise and the highest OCR level in a year.

Business

Wed, Oct 28

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Anthropic logo displayed on a laptop screen and Claude on App Store displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland.

AI company Anthropic files for potentially the biggest IPO ever

An initial public offering of stock could provide Anthropic with enormous resources to accelerate its expansion.

World

Tue, Oct 27

Airfares are expected to be higher over the Christmas period.

Why you'll be paying more for flights this Christmas

Stats NZ's latest data showed people booking domestic flights in September were paying 5.1% more than the same time a year earlier.

New Zealand

Sun, Oct 25

Should wealthier Kiwis pay more tax? Here’s what voters think

Should wealthier Kiwis pay more tax? Here’s what voters think

New Vote Compass findings reveal how views have shifted across five elections and what higher earners think about wealthier people paying more.

Politics

Sat, Oct 24

Co-leader and finance spokesperson Chlöe Swarbrick released the plan at Parliament this morning.

Greens release fiscal plan, promising $3b annual health spending boost

Co-leader and finance spokesperson Chlöe Swarbrick released the plan at Parliament this morning.

Politics

Fri, Oct 23

 Buffalo mozzarella cheese is prepared at a dairy in Caserta, near Naples, southern Italy, 2006.

Italy's buffalo mozzarella output in jeopardy due to truckers' protest

The disruption is particularly damaging to buffalo mozzarella because the production of the protected cheese depends on a tightly timed supply chain.

Environment

Fri, Oct 23

The rate is up for review next week and is expected to increase, probably by 25 basis points.

Petrol prices fuel inflation - so is an interest rate rise the right move?

Kiwibank chief economist Jarrod Kerr said with fuel price pressure on households and businesses, it was reasonable to ask whether another official cash rate (OCR) increase was likely.

New Zealand

Fri, Oct 23

Some electorates lean a long way left or right – see where yours sits

Some electorates lean a long way left or right – see where yours sits

New analysis from Vote Compass shows the political contrasts across the country - and why a party stronghold doesn’t tell the whole story.

Politics

Thu, Oct 22

Person buying a Lotto ticket.

'Such a shock': Northland Lotto friends win $1m from bonus ticket

The winning bonus ticket spent days pinned to a noticeboard before one of the women took it home to check.

New Zealand

Thu, Oct 22

Stack of New Zealand coins and banknotes.

Inflation eases to 3.7% - Stats NZ

The Stats NZ figure is down from 4.1% in the June quarter.

New Zealand

Thu, Oct 22

The annual survey by the NZ Herald is based on the views of around 150 of the country's top business executives.

How business leaders rate NZ's economy, politicians

The annual survey by the NZ Herald is based on the views of around 150 of the country's top business executives.

Business

Thu, Oct 22

ADVERTISEMENT
Lodestone Energy operates five solar farms across New Zealand, with a sixth under construction in Hawke’s Bay.

Solar firm Lodestone lists on NZX in first major float in five years

Renewable energy company's vision of a solar farm in every community takes a major step forward as it enters the sharemarket.

Business

Thu, Oct 22

Labour Day weekend marks the start of the warmer months, with many shops, supermarkets and cafes open on Monday, though some may charge public holiday surcharges.

Labour Day: What's open, what's not and when you pay a surcharge

Many shops, supermarkets and eateries will open on Monday, but hours may vary and surcharges may apply. Here’s what to know ahead of the long weekend.

Business

Wed, Oct 21

Restaurants and cafés were doing it tough, and Stats NZ figures showed many were trying to pass on some of the increases.

Costs keep rising: Café faces impossible choice

Angela Clements says the decision to close Pure Café in Whangārei is the result of increasing economic pressure from multiple directions.

Business

Wed, Oct 21

A worker stocks up plush toys for sale at a souvenir store during the China Open tennis championships in Beijing..

China's economy grew 4.5% in previous quarter, better than forecasts

China is on track to pass last year’s record $1.2 trillion trade surplus globally.

World

Mon, Oct 19

Australia tipped for biggest unemployment rise in developed world

Australia tipped for biggest unemployment rise in developed world

Australia's unemployment is forecast to rise from an average of 4.4% this year to 4.7% in 2027, with around 100,000 jobs at risk.

World

Sun, Oct 18

Party leaders want our vote, but we aren't finding them very favourable.

How we rate our party leaders: None of them makes it to 5 out of 10

Vote Compass reveals how voters rate the party leaders, who fared best among the undecided, and how the scores compared with previous leaders.

Politics

Sat, Oct 17

One of Cue's stores in New Zealand.

Further store closures for struggling womenswear chain

In New Zealand, the Cue stores in Onehunga and Wellington are shuttering, as is the Veronika Maine in Wellington.

Business

Thu, Oct 15

The development would have an approximate 16,090-square-metre floor area and feature a warehouse retail store, an adjoining tyre centre, and a food court and retail area.

Costco: Details of proposed Christchurch store revealed

US wholesaler Costco has applied for fast-track approval to build a 16,000-square-metre retail warehouse in Christchurch.

Business

Thu, Oct 15

The three issues most dividing New Zealand revealed

The three issues most dividing New Zealand revealed

New Vote Compass data reveals which election issues draw the strongest opposing views.

Te Ao Māori

Thu, Oct 15

Chlöe Swarbrick and Marama Davidson

Greens unveil economic development plan

Green Party co-leaders Marama Davidson and Chlöe Swarbrick will announce the Green Party’s vision for the economy.

Politics

Tue, Oct 13

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