Services sector activity drops sharply and slumps to levels last seen in June 2024 at the start of the recession

We look at the weakening bank appetite to lend for business purposes and find that after the scrum got screwed by Basel III, the desire cooled, and post pandemic two major banks quietly pulled back much further on supporting the business sector

The economy may be 'crawling for a little while longer', while previous house price forecasts have 'proved too optimistic', Kiwibank economists say

BNZ head of research Stephen Toplis says the current inflationary noise 'will intensify the RBNZ’s headache'

Kiwibank poses risk to the returns from the big four Aussie banks' NZ subsidiaries, analysts say

Two deceased estates in Auckland sell for more than $2.6 million combined at auction, net proceeds to go to charity

The economy grew for the second successive quarter following the sharp contraction seen during last year