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NZ Herald
nzherald.co.nz > business > nz-needs-to-debate-what-resilience-means-for-our-economic-survival-phil-oreilly > premium > EV3KFOG5TBHEZNKTMBPS3ZY6RE

Phil O'Reilly: NZ needs to debate what resilience means for our economic survival

Phil O'Reilly: NZ needs to debate what resilience means for our economic survival3+ hour, 5+ min ago   (667+ words) How Cambridge entrepreneur Josh Kersten built a luxury longevity gym for the ultra-rich As the world undergoes the most profound and unsettling change since World War II, countries everywhere are reassessing what resilience really means. New Zealand needs to have…...

NZ Herald
nzherald.co.nz > nz > politics > government-instigates-surprise-inquiry-into-reserve-banks-55-billion-covid-money-printing-binge > YBNIYKD4JFFGHCPW6QE42NM5EU

Govt instigates surprise inquiry into Reserve Bank’s $55b Covid money-printing

Govt instigates surprise inquiry into Reserve Bank’s $55b Covid money-printing3+ day, 20+ hour ago   (567+ words) Finance Minister Nicola Willis has announced a surprise inquiry into the actions of the Reserve Bank during the Covid-19 pandemic. Willis said the purpose of the review is to identify any lessons that could be learned to improve the monetary…...

NZ Herald
nzherald.co.nz > business > small-business > manufacturers-retailers-lead-small-and-medium-business-rebound-as-firms-eye-budget-tax-incentive > premium > ZX4YFHHMRZGMVKPHGCWFMLUHWY

More SMEs lining up extra work in 2026 as confidence edges back

More SMEs lining up extra work in 2026 as confidence edges back3+ day, 20+ hour ago   (649+ words) A third of New Zealand small to medium enterprises have more work lined up for the first quarter of 2026 compared to usual, in another sign that economic activity is trending in the right direction. And new data is also showing…...

NZ Herald
nzherald.co.nz > nz > rising-power-costs-simple-switches-that-could-save-households-hundreds-the-front-page > KA665NCHI5CDFDRDEBWYUQQGKU

How to stop rising power prices hitting your wallet this year

How to stop rising power prices hitting your wallet this year3+ day, 22+ hour ago   (316+ words) Consumer NZ expects power prices to increase by about 5% this year. It's after households were already hit with a 12% increase in power bills last year. The site recommends budgeting for an increase in power bills from the end of April....

NZ Herald
nzherald.co.nz > business > economy > inside-economics-is-ai-to-blame-for-pushing-unemployment-rate-higherplus-aussies-headed-for-downturn > premium > P7TX3SPAGND4RF2SBOUBSZD27Y

Inside Economics: Is AI to blame for pushing unemployment rate higher?

Inside Economics: Is AI to blame for pushing unemployment rate higher?4+ day, 9+ hour ago   (1720+ words) After reading your article about the unusual dynamics of the economic recovery we may or may not be having, I'm interested as to how much you see AI [artificial intelligence] and automation as playing a part in keeping unemployment up…...

NZ Herald
nzherald.co.nz > business > asb-hikes-longer-term-mortgage-rates-lowers-six-month-rate > BBIIMU5LL5DJTJZ5CQRS37IHG4

Major bank hikes longer-term mortgage rates, lowers six-month rate

Major bank hikes longer-term mortgage rates, lowers six-month rate6+ day, 4+ hour ago   (356+ words) ASB is hiking some of its longer-term home loan rates while cutting its shortest offering. The bank said today its six-month fixed home loan rate would drop 6 basis points (bps) to 4.59%. Its one-year fixed interest rate will increase 10bps from 4.49% to…...

NZ Herald
nzherald.co.nz > business > economy > official-cash-rate > reserve-bank-of-australia-raises-cash-rate-target-to-385 > BAQ5YT5ZANES5CYJJO2R74F2OM

RBA raises cash rate, sees inflation pressure

RBA raises cash rate, sees inflation pressure1+ week, 5+ day ago   (320+ words) The Reserve Bank of Australia has increased its cash target. The Reserve Bank of Australia has raised its cash rate target by 25 basis points to 3.85% " its first rate increase in more than two years. The hike was widely expected. The…...

NZ Herald
nzherald.co.nz > world > trump-picks-former-us-fed-official-kevin-warsh-as-next-central-bank-chief > 6JWGUONODZFSFPP2CQQG7DYNSA

Trump announces pick for next US central bank chief

Trump announces pick for next US central bank chief2+ week, 1+ day ago   (692+ words) US President Donald Trump has announced he is nominating Kevin Warsh, a former Federal Reserve governor, to be the next US central bank chief. "I have known Kevin for a long period of time, and have no doubt that he…...

NZ Herald
nzherald.co.nz > business > personal-finance > interest-rates > bank-switching-among-mortgage-holders-spiked-in-december-soaring-past-previous-record > SMKXBUDRNZHS5FG3QVITJP6XVY

Mortgage holders jump ship in record numbers as banks dangle cash

Mortgage holders jump ship in record numbers as banks dangle cash2+ week, 2+ day ago   (370+ words) Those with mortgages did a record amount of bank-hopping in December, as banks offered attractive cashbacks to get new customers. A whopping $5.8 billion of mortgage debt was shifted between banks during the month, easily surpassing the previous record of $2.6b reached…...

NZ Herald
nzherald.co.nz > business > us-fed-holds-interest-rates-steady-defying-trump-pressure > XIRNT5OQ4ND2HE7SSFN6YNTGZI

US Fed holds interest rates steady, defying Trump pressure

US Fed holds interest rates steady, defying Trump pressure2+ week, 3+ day ago   (692+ words) The US Federal Reserve has held interest rates steady at its first policy gathering this year, citing robust economic growth, as the central bank resists President Donald Trump's mounting pressure for cuts. Trump has sharply escalated his targeting of the…...