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'

Australian banks are moving to upgrade proprietary channels for mortgage generation at the expense of brokers. Expect more direct digital campaigns. Rate transparency is key to this shift

The economy's showing increasing signs of responding to the lower interest rates, with GDP expected to have grown again in the March quarter

Average asking prices of properties on Trade Me Property tumbled for the second month in a row in May