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Economy

Prime Minister Mark Carney addresses the European Parliament in Strasbourg, France, on Thursday, Sept. 17, 2026.

Carney embraces EU associate membership as Trump pushes Canada away

Trump’s tariffs, demands for economic concessions, and repeated talk of making Canada the 51st state have pushed Ottawa to reduce its dependence on its neighbour.

World

6:59am

2:10

National's finance spokesperson Nicola Willis.

Willis rejects Foodstuffs' warning break-up would lift prices

National's finance spokesperson dismissed the co-operative's concerns as "extraordinary" while consumer advocates welcomed the proposed split.

Business

Thursday 2:35pm

6:46

“The 0.2 percent growth in economic activity in the June 2026 quarter reflects mixed results, with increases in nine out of 16 industries,” general manager and macroeconomic spokesperson Jason Attewell said.

GDP: Economy grows 0.2% in June quarter

Construction was up 2.7% in the quarter, the larged upward contributor.

Business

Thursday 10:55am

Canadian Prime Minister Mark Carney listens as European Commission President Ursula von der Leyen makes the offer in Strasbourg, France.

New Zealand touted as possible future 'associate member' of the EU

The European Union's top diplomat today said Canada could be given the status in the wake of its ongoing trade war with Donald Trump’s US.

New Zealand

Thursday 10:35am

1:30

A trader works after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US

US stocks slip after the Fed hikes interest rates

Wall Street wobbled after the US central bank's first rate hike in three years, with investors bracing for what could come next.

World

Thursday 8:53am

1:30

Prime Minister Mark Carney addresses the European Parliament in Strasbourg, France, on Thursday, Sept. 17, 2026.

Carney embraces EU associate membership as Trump pushes Canada away

Trump’s tariffs, demands for economic concessions, and repeated talk of making Canada the 51st state have pushed Ottawa to reduce its dependence on its neighbour.

World

6:59am

2:10

National's finance spokesperson Nicola Willis.

Willis rejects Foodstuffs' warning break-up would lift prices

National's finance spokesperson dismissed the co-operative's concerns as "extraordinary" while consumer advocates welcomed the proposed split.

Business

Thursday 2:35pm

6:46

“The 0.2 percent growth in economic activity in the June 2026 quarter reflects mixed results, with increases in nine out of 16 industries,” general manager and macroeconomic spokesperson Jason Attewell said.

GDP: Economy grows 0.2% in June quarter

Construction was up 2.7% in the quarter, the larged upward contributor.

Business

Thursday 10:55am

Canadian Prime Minister Mark Carney listens as European Commission President Ursula von der Leyen makes the offer in Strasbourg, France.

New Zealand touted as possible future 'associate member' of the EU

The European Union's top diplomat today said Canada could be given the status in the wake of its ongoing trade war with Donald Trump’s US.

New Zealand

Thursday 10:35am

1:30

A trader works after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US

US stocks slip after the Fed hikes interest rates

Wall Street wobbled after the US central bank's first rate hike in three years, with investors bracing for what could come next.

World

Thursday 8:53am

1:30

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A rally for migrant bus drivers in Auckland.

Migrant bus drivers' rally disrupted by confrontation in Auckland

A rally seeking changes to residency requirements was disrupted as speakers called for an end to racist rhetoric.

New Zealand

Wed, Sep 16

What began as a video game in the late 1990s has grown into a global phenomenon.

Pokémon turns 30 - but the cards are worth more than ever

The trading card craze has gone from playground swaps to big business, with rising values also attracting thieves.

Business

Wed, Sep 16

Vittoria Shortt

ASB chief executive resigns, successor revealed

ASB chief executive Vittoria Shortt is stepping down after nearly nine years leading the bank, with Sinead Taylor set to take the helm in December.

Business

Tue, Sep 15

 A general view shows the New York Stock Exchange, Friday, Aug. 7, 2026, in New York.

AI stocks slide as slowdown calls and oil push 10-year yield to 5%

AI's biggest supporters are urging caution, and global markets are feeling the impact.

Business

Tue, Sep 15

One of Rotorua's newly installed parking meters.

'Town is dead': Rotorua businesses look to leave CBD after parking changes

One Rotorua retailer has already left the CBD and another says he is looking for a way out, blaming a controversial parking overhaul they say is driving customers away.

New Zealand

Mon, Sep 14

A toll road sign on the new Waiariki interchange with State Highway 2 in Pāpāmoa East.

'About fairness': Councils in NZ's most-tolled region back revenue sharing

Tauranga and Western Bay of Plenty councils say motorists may choose local roads to avoid tolls, potentially increasing pressure on council-owned infrastructure.

New Zealand

Mon, Sep 14

Composite image by Callum Lloyd.

What a grocery receipt from 1991 reveals about food prices today

1News compared a Woolworths shop from 1991 with today's prices to see how much the supermarket bill has really changed.

New Zealand

Sun, Sep 13

US President Donald Trump speaks at the Republican convention, Wednesday, Sept. 9, 2026, in Dallas.

Economists, Congress unconvinced by Trump's idea to send Americans money

Trump says Americans could get US$5000 cheques if Republicans win the midterms, but critics say the numbers don't stack up.

Business

Fri, Sep 11

Oil prices have soared since the end of February.

Oil prices jump back above US$100 a barrel as Iran war escalates

The jump in oil prices over the course of the war has fuelled already high inflation.

Business

Thu, Sep 10

1News was given access to KMart's new store in West Auckland ahead of its official opening on September 10.

A first look at Kmart's new layout ahead of largest store opening

More than 50,000 products are on offer at the huge 6700 sq metre store in Westgate – the first in the country to debut the Plan C+ format.

Business

Wed, Sep 9

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Canadian Prime Minister Mark Carney on Parliament Hill.

Canada's tariffs take effect as it seeks closer EU ties

Canada is fighting back in Trump's trade war, slapping tariffs on billions of dollars' worth of US goods and looking to Europe for new allies.

Business

Wed, Sep 9

Composite image by Callum Lloyd.

Why are my groceries in New York cheaper than yours, NZ?

Analysis: Cheaper, publicly-owned Kiwi supermarkets? It’s an idea already taking shape in New York, US Correspondent Logan Church writes, after a grocery shop.

New Zealand

Wed, Sep 9

 An advertisement for the cryptocurrency Bitcoin is displayed on a building in Hong Kong on Nov. 18, 2021.

Party's over for crypto scammers who went wild after $408m bitcoin theft

A network of men in their late teens or early 20s carried out one of the largest cryptocurrency thefts in US history.

Crime and Justice

Tue, Sep 8

Rates cap, data centres key questions for NZ recovery - report

Rates cap, data centres key questions for NZ recovery - report

New Zealand's economic recovery is underway, ratings agency Moody's says, but there are questions we will need to grapple with about rates caps and data centres.

Business

Tue, Sep 8

All major banks hike floating mortgage rates

All major banks hike floating mortgage rates

All five of New Zealand's major banks lifted their variable rates by 25 basis points – in step with the OCR.

Business

Thu, Sep 3

Reserve Bank hikes OCR — what it means for the prices we pay

Reserve Bank hikes OCR — what it means for the prices we pay

The Reserve Bank has increased the Official Cash Rate to 2.75%.

Business

Thu, Sep 3

Reserve Bank signals more OCR rises likely

Reserve Bank signals more OCR rises likely

Follow along as finance and political sectors react after the Reserve Bank delivered its latest official cash rate (OCR) decision.

Business

Wed, Sep 2

First major bank raises home loan interest rates after OCR hike

First major bank raises home loan interest rates after OCR hike

The Reserve Bank lifted the OCR by 25 basis points to 2.75% this afternoon, its second consecutive increase after raising it to 2.50% in July.

Business

Wed, Sep 2

Major changes to KiwiSaver a step closer

Major changes to KiwiSaver a step closer

Up until now rural New Zealanders have often been unable to use the first-home withdrawal because of a typical housing arrangement on the farm where they are working.

New Zealand

Wed, Sep 2

Canada Prime Minister Mark Carney and President Donald Trump hold a press conference at the White House in Washington, DC, October 7, 2025.

'Stop trying to be tough': Carney fires back at Trump as trade fight escalates

"When the Americans stop doing memes, stop throwing shade and stop trying to be tough, and start being serious about having those discussions, we can have those discussions," Mark Carney said.

World

Wed, Sep 2

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