All news stories
New home loans dropped by a record 15% as Australia’s housing market downturn deepens
New home loans dropped by a record 15% as Australia’s housing market downturn deepens
Lynda Moore notes there are many things to consider when planning the end of year Christmas party, the staff gift, or the bonus
Lynda Moore notes there are many things to consider when planning the end of year Christmas party, the staff gift, or the bonus
Heartland extends TSB takeover deadline to March 2027 as TSB’s capital and liquidity ratios review is still ongoing and the Reserve Bank needs more time to assess the proposed TSB-Heartland merger
Heartland extends TSB takeover deadline to March 2027 as TSB’s capital and liquidity ratios review is still ongoing and the Reserve Bank needs more time to assess the proposed TSB-Heartland merger
US cash bond market closed for holiday, but futures imply nudge up in rates. Market pricing more aggressive Fed rate hikes, driving broadly stronger USD. Positive sentiment for US equities, with strong gains led by the tech sector
US cash bond market closed for holiday, but futures imply nudge up in rates. Market pricing more aggressive Fed rate hikes, driving broadly stronger USD. Positive sentiment for US equities, with strong gains led by the tech sector
US mortgage applications firm; Japanese machine tool orders stay very high; Chinese car sales weak with Singles Day retail; Aussie housing lending weak; UST 10yr at 5.01%; tech markets rise; gold dips and oil rises; NZ$1 = 55.6 USc; TWI-5 = 59.7
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US mortgage applications firm; Japanese machine tool orders stay very high; Chinese car sales weak with Singles Day retail; Aussie housing lending weak; UST 10yr at 5.01%; tech markets rise; gold dips and oil rises; NZ$1 = 55.6 USc; TWI-5 = 59.7
Number of residential properties being sold at a loss continues growing, with almost half of the apartments sold in the third quarter selling at a loss
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Number of residential properties being sold at a loss continues growing, with almost half of the apartments sold in the third quarter selling at a loss
A review of things you need to know before you sign off on Wednesday; Westpac changes retail rates, concrete production rises, dairy prices rise, sharp drop in Aussie home loan commitments, carbon price firms, swaps rise, NZD soft, & more
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A review of things you need to know before you sign off on Wednesday; Westpac changes retail rates, concrete production rises, dairy prices rise, sharp drop in Aussie home loan commitments, carbon price firms, swaps rise, NZD soft, & more
From a former All Blacks captain to a high school principal, these are New Zealand's newest MPs
Where does all the hardware go? The hidden environmental footprint of AI data centres
Strong US CPI and hawkish Fed comments saw markets fully price a December Fed hike. US Treasury yields rose sharply, led by the front end, and US equities fell. The US dollar gained broadly
Strong US CPI and hawkish Fed comments saw markets fully price a December Fed hike. US Treasury yields rose sharply, led by the front end, and US equities fell. The US dollar gained broadly
US inflation tops 4% again drawing heightened concern by the Fed; US beef production in decline; China exports reveal distortions; Aussie sentiment slides; Anthropic IPO to go ahead; UST 10yr at 5.01%; gold and oil lower; NZ$1 = 55.9 USc; TWI-5 = 59.9
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US inflation tops 4% again drawing heightened concern by the Fed; US beef production in decline; China exports reveal distortions; Aussie sentiment slides; Anthropic IPO to go ahead; UST 10yr at 5.01%; gold and oil lower; NZ$1 = 55.9 USc; TWI-5 = 59.9
Westpac NZ to offer potential homebuyers a natural hazards report based on the same data it considers in lending decisions
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Westpac NZ to offer potential homebuyers a natural hazards report based on the same data it considers in lending decisions
[updated]
The Red Bank tweaks its mortgage and term deposit rates, becoming more competitive for terms three years and longer - but less competitive for savers for these same terms
The Red Bank tweaks its mortgage and term deposit rates, becoming more competitive for terms three years and longer - but less competitive for savers for these same terms
Credit bureau Equifax says credit card hardship has jumped 33% as household budgets tighten and people use revolving credit to absorb daily expenses
Credit bureau Equifax says credit card hardship has jumped 33% as household budgets tighten and people use revolving credit to absorb daily expenses
[updated]
A review of things you need to know before you sign off on Tuesday; no retail rate changes, rental market active but rents flat, October retail struggled, truckometer tame, ASB to raise new bond funding, swaps stable, NZD rises, & more
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A review of things you need to know before you sign off on Tuesday; no retail rate changes, rental market active but rents flat, October retail struggled, truckometer tame, ASB to raise new bond funding, swaps stable, NZD rises, & more
Already the country's biggest bank, ANZ NZ wants to 'grow across the board,' new CEO Ben Kelleher says
Already the country's biggest bank, ANZ NZ wants to 'grow across the board,' new CEO Ben Kelleher says
Commerce Commission’s draft decision to allow Orion NZ to spend $1.3 billion on a five-year electricity network upgrade falls $200 million short of Orion’s target but would keep power bill hikes lower than proposed
Commerce Commission’s draft decision to allow Orion NZ to spend $1.3 billion on a five-year electricity network upgrade falls $200 million short of Orion’s target but would keep power bill hikes lower than proposed
Paraguay’s bank collapse brought down a president – and exposed as myth the nation’s status as a ‘Dubai of South America’
Paraguay’s bank collapse brought down a president – and exposed as myth the nation’s status as a ‘Dubai of South America’
More one bedroom properties being rented, fewer three bedroom houses, rents flat overall
More one bedroom properties being rented, fewer three bedroom houses, rents flat overall
'I just wanted to get to know her' - Luxon says he really enjoyed meeting with Opportunity's Qiulae Wong
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'I just wanted to get to know her' - Luxon says he really enjoyed meeting with Opportunity's Qiulae Wong
ASB is drawing in the biggest chunk of first-home buyers in NZ across the big banks, as the average age of the first-home buyer reaches the mid-30s
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ASB is drawing in the biggest chunk of first-home buyers in NZ across the big banks, as the average age of the first-home buyer reaches the mid-30s
Risk appetite bounces back; strong rebound in global equity markets, including US equities rising over 2%. Oil prices down over 4% on hope for end to US-Iran conflict. Rates markets show only small movements
Risk appetite bounces back; strong rebound in global equity markets, including US equities rising over 2%. Oil prices down over 4% on hope for end to US-Iran conflict. Rates markets show only small movements
US eyes on CPI while expectations stabilise; US inventories surge; Taiwanese exports star yet again; China PPI jumps; record smog in New Delhi; Russia rations fuel, suspends exports; UST 10yr at 4.87%; gold and oil lower; NZ$1 = 56.2 USc; TWI-5 = 60
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US eyes on CPI while expectations stabilise; US inventories surge; Taiwanese exports star yet again; China PPI jumps; record smog in New Delhi; Russia rations fuel, suspends exports; UST 10yr at 4.87%; gold and oil lower; NZ$1 = 56.2 USc; TWI-5 = 60
'New Zealanders have felt really left in the dark in previous elections' - Qiulae Wong intends to negotiate with one bloc at a time, rather than 'playing off each side'
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'New Zealanders have felt really left in the dark in previous elections' - Qiulae Wong intends to negotiate with one bloc at a time, rather than 'playing off each side'
A review of things you need to know before you sign off on Monday; QV downbeat on property values, ANZ profits fall, FMA eyes stablecoin rules, market prices confirmed by election, swaps stable, NZX down, NZD down, & more
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A review of things you need to know before you sign off on Monday; QV downbeat on property values, ANZ profits fall, FMA eyes stablecoin rules, market prices confirmed by election, swaps stable, NZX down, NZD down, & more