Wholesale interest rates have risen in recent weeks amid global uncertainty linked to the conflict in the Middle East.
Business
8 mins ago
The changes followed a "significant" jump in wholesale rates amid global uncertainty.
8:42am
1:31
There was relief for savers, however, as Westpac boasted its one-year term deposit rate was now the best among the five biggest banks.
Tuesday 11:57am
3:14
KiwiSaver funds have previously bounced back from the global financial crisis, Covid, trade wars and inflation.
New Zealand
Tuesday 6:00am
1:30
The players from Auckland, Eltham, Hawke's Bay and Manawatū-Whanganui each won $200,000 with Lotto First Division.
Sun, Mar 15
A home support worker in Nelson, says it's getting increasingly difficult to do her job.
Invaluable advice to help you ensure your kids get everything they need (and even some of the things they just want).
Life
Markets have been volatile this week as they digest the impact of the war in the Middle East.
Wed, Mar 11
The benchmark NZX 50 fell 3% in mid-Monday afternoon trading, while across the Tasman, the ASX 200 fell 4%.
Mon, Mar 9
OPINION: It's tempting in times like these to panic and withdraw KiwiSaver and other investments, but Frances Cook believes it's best to sit tight and wait for the 'anxiety premium'.
Disruptions at the Strait of Hormuz risk slowing global trade “like Covid in miniature”, experts say, with consequences that could reach supermarket shelves and the Reserve Bank.
Sun, Mar 8
Powerball will be worth $12 million, Lotto First Division will be $1 million and Strike Four will be $700,000 in Wednesday night's draw after no one struck it on Saturday.
Autumn brings a brief abundance that we can capture and enjoy throughout winter.
Sat, Mar 7
"Pretty amazing to see housing knocked off the perch," says an economist for ASB, which ran the investor confidence survey.
Wed, Mar 4
A weak labour market has meant that many people have had small pay rises – or none at all – over the past 12 months.
Tue, Mar 3
The change to the KiwiSaver Act will "ensure workers in service tenancies aren't denied the opportunity to put a foot on the property ladder".
Sun, Mar 1
While New Zealand's economy was expected to continue to slowly recover this year, this time, it's not likely to be dragged up by rising house prices.
Sat, Feb 28
Te Kahukura Boynton says what’s not often talked about is why people might not spend less and invest more in the first place.
Te Ao Māori
Fri, Feb 27
While preparing for a new year of study, many students say they are struggling to pay for basic essentials such as rent, power and groceries.
Thu, Feb 26
Commentators see good news for borrowers in a likely pause to the increases in home loan rates in recent weeks.
The move followed last week's decision by the Reserve Bank to hold the official cash rate at 2.25%.
New data shows Canterbury and Otago lead the savings stakes, with Auckland and Northland trailing the rest of the country.
Tue, Feb 24
Kenneth, who wanted to be identified only by his first name, said he moved with his family from Auckland to Australia in January last year.
Some parents returning to work are facing childcare bills of $15,000 or $20,000 a year, and the industry is warning that bills could rise.
Six figures used to mean a comfortable life across the Tasman, but not now, writes Christopher Hoy.
Mon, Feb 23
