All news stories
Democrats to take control of US Congress in a strong showing; market reacts positively. Iran war more likely to be resolved. Brent crude tumbles 10%. US equities show a strong rebound. Global bonds well supported. USD broadly weaker
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Democrats to take control of US Congress in a strong showing; market reacts positively. Iran war more likely to be resolved. Brent crude tumbles 10%. US equities show a strong rebound. Global bonds well supported. USD broadly weaker
US election reactions positive; US data mixed with trade data showing tariffs are failing other than raising costs; Canada trade surplus rises; EU inflation up; turmoil in Indonesia; UST 10yr at 4.91%; gold rises and oil falls; NZ$1 = 56.2 USc; TWI-5 = 59
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US election reactions positive; US data mixed with trade data showing tariffs are failing other than raising costs; Canada trade surplus rises; EU inflation up; turmoil in Indonesia; UST 10yr at 4.91%; gold rises and oil falls; NZ$1 = 56.2 USc; TWI-5 = 59
There's no guarantee the September quarter 5.7% unemployment rate is the peak, Kiwibank economists say
There's no guarantee the September quarter 5.7% unemployment rate is the peak, Kiwibank economists say
Cotality's latest Home Value Index shows ongoing declines in most parts of the country with even the South Island starting to show some weakness
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Cotality's latest Home Value Index shows ongoing declines in most parts of the country with even the South Island starting to show some weakness
A review of things you need to know before you sign off on Wednesday; mortgage rate tweaking, bad jobs numbers, good dairy prices, positive commodity prices, strong car sales, swaps lower, NZX firmish, NZD down, & more
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A review of things you need to know before you sign off on Wednesday; mortgage rate tweaking, bad jobs numbers, good dairy prices, positive commodity prices, strong car sales, swaps lower, NZX firmish, NZD down, & more
EVs and hybrids grab near-record share of new cars sold in a month of robust sales, boosted by strong rental car buying
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EVs and hybrids grab near-record share of new cars sold in a month of robust sales, boosted by strong rental car buying
[updated]
Latest Taxpayers' Union-Curia Poll delivers hung Parliament, Luxon rules out NZ First's Michael Laws from his Cabinet after 'stupid' Opportunity comment
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Latest Taxpayers' Union-Curia Poll delivers hung Parliament, Luxon rules out NZ First's Michael Laws from his Cabinet after 'stupid' Opportunity comment
The Financial Markets Authority says it wants to increase transparency and improve confidence in the market regulator by publishing board members' conflicts of interest
The Financial Markets Authority says it wants to increase transparency and improve confidence in the market regulator by publishing board members' conflicts of interest
New Zealand’s jobless rate increased to 5.7% in the September quarter, with 174,000 people unemployed
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New Zealand’s jobless rate increased to 5.7% in the September quarter, with 174,000 people unemployed
The combination of a weak spring selling season in real estate market, unexpected RBNZ OCR moves, and hesitating wholesale money markets sees bank fixed rate offers tighten into narrow ranges
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The combination of a weak spring selling season in real estate market, unexpected RBNZ OCR moves, and hesitating wholesale money markets sees bank fixed rate offers tighten into narrow ranges
Lynda Moore points out that everyone's relationship with money changes over time even if some bedrock principles remain the same
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Lynda Moore points out that everyone's relationship with money changes over time even if some bedrock principles remain the same
Oil prices volatile on mix of headlines regarding US-Iran conflict; net price movement modestly lower. Global rates modestly higher; strong US JOLTS labour market report. RBA hikes as expected, but Australian rates and AUD fall, with dovish commentary
Oil prices volatile on mix of headlines regarding US-Iran conflict; net price movement modestly lower. Global rates modestly higher; strong US JOLTS labour market report. RBA hikes as expected, but Australian rates and AUD fall, with dovish commentary
US data positive although sentiment stays low; markets pause awaiting vote results; dairy prices rise; RBA hikes again but without conviction; China equities can't stop falling; UST 10yr at 4.95%; gold dips and oil holds lower; NZ$1 = 56.1 USc; TWI-5 = 59
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US data positive although sentiment stays low; markets pause awaiting vote results; dairy prices rise; RBA hikes again but without conviction; China equities can't stop falling; UST 10yr at 4.95%; gold dips and oil holds lower; NZ$1 = 56.1 USc; TWI-5 = 59
National and Labour neck and neck as minor parties battle it out in latest 1News poll
Competition from rivals and customers switching banks challenging Westpac NZ in housing market, CEO Catherine McGrath says
Competition from rivals and customers switching banks challenging Westpac NZ in housing market, CEO Catherine McGrath says
Rabobank now says our new goal as food suppliers is to understand where critical exposures sit, identify credible alternatives and selectively invest in capabilities that both improve continuity of supply and create commercial value
Rabobank now says our new goal as food suppliers is to understand where critical exposures sit, identify credible alternatives and selectively invest in capabilities that both improve continuity of supply and create commercial value
[updated]
A review of things you need to know before you sign off on Tuesday; a new bank registered, Barfoot sales volumes low, residential building consents rise, mortgage stress low, Fiji gets inflation shock, swaps softish, NZX dips, oil drops, NZD dips, & more
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A review of things you need to know before you sign off on Tuesday; a new bank registered, Barfoot sales volumes low, residential building consents rise, mortgage stress low, Fiji gets inflation shock, swaps softish, NZX dips, oil drops, NZD dips, & more
The US$6.3 billion Binance hack is the biggest heist ever – it should be a wake up call for cryptocurrency users
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The US$6.3 billion Binance hack is the biggest heist ever – it should be a wake up call for cryptocurrency users
Latest building consent figures suggest good growth in residential construction - not so good for commercial building work
Latest building consent figures suggest good growth in residential construction - not so good for commercial building work
Dave Ananth wonders why the IRD is focused on a short recovery period when a longer one will likely collect more tax
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Dave Ananth wonders why the IRD is focused on a short recovery period when a longer one will likely collect more tax
Barfoot & Thompson's selling prices rose slightly in October even as the number of sales dropped away
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Barfoot & Thompson's selling prices rose slightly in October even as the number of sales dropped away
[updated]
Global fintech Revolut becomes NZ's 27th registered bank, offers new customers a 3.50% p.a. introductory savings rate on personal accounts
Global fintech Revolut becomes NZ's 27th registered bank, offers new customers a 3.50% p.a. introductory savings rate on personal accounts
Oil prices plunge on hope for a resolution on the US-Iran war. Lower oil prices drive down global rates and push up global equity markets
Oil prices plunge on hope for a resolution on the US-Iran war. Lower oil prices drive down global rates and push up global equity markets
The US appears to back-track on Iran and oil falls; US PMIs expanding but not so in Canada; China contracts; ASEAN PMIs very upbeat; eyes on the RBA and multi-unit construction; UST 10yr at 4.87%; gold firms but oil falls hard; NZ$1 = 56.3 USc; TWI-5 = 60
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The US appears to back-track on Iran and oil falls; US PMIs expanding but not so in Canada; China contracts; ASEAN PMIs very upbeat; eyes on the RBA and multi-unit construction; UST 10yr at 4.87%; gold firms but oil falls hard; NZ$1 = 56.3 USc; TWI-5 = 60
[updated]
Latest Centrix data finds home loan arrears remain at their lowest level since December 2022, but broader credit demand stays mixed
Latest Centrix data finds home loan arrears remain at their lowest level since December 2022, but broader credit demand stays mixed