News
The Kiwi Currency Could Crumble In An Oil Crisis
2+ hour, 9+ min ago (424+ words) It's worth pointing out the illiquidity in Kiwi rates markets. Much of the move in wholesale rates has been flow driven. That means banks are facing the same way, needing to pay swap rates, and are unable to find receivers…...
Economy Grew By 0.2 Percent In Last Three Months Of 2025
1+ week, 23+ hour ago (836+ words) Gyles Beckford, Business Editor The economy posted tepid growth at the end of last year as the rural sector and tourism growth offset soft manufacturing and weak construction before the Middle East conflict threatened to stymie recovery. Stats NZ data…...
Chambers And MSD Partner To Strengthen Business Hiring
3+ week, 13+ hour ago (537+ words) The New Zealand Chambers of Commerce today welcomed the launch of ChamberWorks, a new partnership with the Ministry of Social Development designed to help businesses find and keep the right people. Simon Bridges, Chief Executive of the Auckland Business Chamber,…...
Consumer Spending Increases Again In February, As Auckland Sees Highest Growth Lift In Two Years
3+ week, 20+ hour ago (611+ words) AUCKLAND, 5 March 2026 " The modest but positive consumer spending growth that was seen in January was repeated across New Zealand in the second month of 2026, according to figures released today by Worldline NZ, while the Auckland/Northland region saw its largest…...
What Are Interest Rates Likely To Do This Year, And Should You Fix?
2+ mon, 5+ day ago (1024+ words) The big interest rate question this year will likely be when interest rates start to rise materially again - but borrowers might want to fix their home loans soon, forecasters warn. Rates have generally been falling since 2024. Reserve Bank data shows…...
Economic Recession Kept The 2025 Road Toll Low
2+ mon, 3+ week ago (1107+ words) Economic recession kept the 2025 road toll low, says the car review website dogandlemon.com. As at 5pm on December 31, 2025, the New Zealand road toll was 270, compared to 292 for the whole of 2024 "There is broad international consensus " among organisations as diverse as…...
Small Businesses Set Bold New Year’s Resolutions For 2026 As Digital Confidence Grows
3+ mon, 1+ week ago (1037+ words) Australian and New Zealand small businesses are heading into 2026 with a renewed sense of clarity and ambition, shifting away from generic goals and embracing resolutions grounded in smarter systems, better customer experiences and more sustainable growth. With staffing pressures continuing,…...
OCR Cut Adds Pressure To An Already-Soft Kiwi Dollar - What Travellers Need To Know
4+ mon, 1+ day ago (480+ words) "While the rate cut is welcome news for those with mortgages, the picture is a little less clear for the strength of the New Zealand dollar and its impact on Kiwi travellers. As the New Zealand central bank has been…...
Westpac NZ Supports Borrowers And Savers With Swift OCR Response
4+ mon, 1+ day ago (585+ words) Westpac NZ has moved quickly to cut variable lending rates for home loan and business customers following today's OCR cut " while holding a savings rate unchanged. Effective Monday 1 December for new customers and Thursday 4 December for existing customers, Westpac is…...
OCR Cut: “This Isn’t A Windfall… It’s Recovering Lost Ground!”
4+ mon, 1+ day ago (324+ words) According to leading New Zealand employment platform Employment Hero, the cut will only go a way towards helping Kiwi's recover from the past year, rather than delivering extra money for households. Ben Thompson, Co-founder and CEO of Employment Hero: This…...