News
ANZ NZ economists say mortgage borrowers face a quandary over how long to fix for
1+ hour, 38+ min ago (361+ words) ANZ New Zealand's economists say mortgage borrowers are facing a quandary when it comes to refixing their loans. In their latest ANZ Property Focus report, they note wholesale interest rates, which feed into mortgage rates, are facing pressures from many…...
Breakfast briefing: Turbulence moves into bond markets
9+ hour, 33+ min ago (676+ words) Here's our summary of key economic events overnight that affect New Zealand with news the bond market is dominating the news today with sharply rising long term yields as investors see no end in sight to the war inflation upon…...
Nature is good for business and we now have numbers to show it
1+ day, 39+ min ago (833+ words) When rivers degrade, pests spread or drought hits crops, nature sends a bill. Yet it's one rarely itemised on any balance sheet, because nature's contribution to business remains genuinely hard to quantify. One major obstacle is data. Businesses rarely disclose…...
Turmoil at the Fed won't end anytime soon
3+ day, 6+ hour ago (264+ words) Since Donald Trump's return to the White House, he has relentlessly attacked the US Federal Reserve's independence. In his pursuit'so far fruitless'of considerably lower interest rates, Trump has sought to intimidate and fire Fed officials and pack the central bank…...
Big drop in activity at the latest residential property auctions
4+ day, 10+ hour ago (579+ words) There was a big drop in activity at the latest residential property auctions, with both the number of properties on offer and the sales rate declining. Interest. co. nz monitored the auctions of 295 residential properties around the country over the…...
Interest rates can't control today's inflation
4+ day, 3+ hour ago (247+ words) For much of 2025 and early 2026, central banks have framed their decision to hold interest rates steady as an exercise in prudence. With inflation once again edging upward even as growth slows, institutions like the'US Federal Reserve'and the'Bank of England'have emphasised…...
April's SPI data provides "no smoking gun' for an OCR hike in May - BNZ
5+ day, 29+ min ago (973+ words) Statistics NZ's April'Selected Price Indexes (SPI) suggest inflation is perhaps not as high as feared yet, economists say, but still well above the Reserve Bank's 1% to 3% target range. Westpac NZ senior economist Satish Ranchhod says prices were a bit better…...
Where are interest rates heading?
6+ day, 5+ hour ago (762+ words) As we head into winter, financial markets are signaling that interest rates will be rising further. Inflation's threat from the expected long-term fallout from Donald Trump's Gulf War is driving the upward expectation. Markets have come to accept that the…...
Breakfast briefing: Tighter supplies drive price leap in some core commodities
6+ day, 9+ hour ago (1875+ words) Here's our summary of key economic events overnight that affect New Zealand with news commodity markets are signaling more intense stress with copper and sulphur jumping to new all-time highs and aluminium jumping to near its brief pandemic spike. Tightening…...
Housing market weakened in April with sales volumes and prices both declining - REINZ
6+ day, 7+ hour ago (440+ words) The housing market is looking particularly soft, with sales numbers and prices both falling as it heads into winter. According to the Real Estate Institute of NZ, 6262 residential properties were sold throughout the country in April, -21. 2% compared to March and…...