ANZ follows Westpac with rate rises for fixed home loans, and in most cases, larger rises than Westpac made. ANZ also raises term deposit rates

Credit cards losing favour, especially with younger people, as digital payments rise in popularity

New Zealand’s jobless rate rose to 5.6% in the June quarter, the highest in over a decade, as young people continue to struggle to get work

‘If we’re having to compromise on everything and just be there for the votes, that’s not something we would agree to’: Opportunity leader Qiulae Wong talks policies, what it would mean to get into Parliament and coalition dealbreakers

Consumer NZ calls for changes to electricity market saying NZ can continue to patch over the problems, or it can redesign the electricity system around customers

US data improves; Canada GDP rises; China PMIs weak; Korea bounces back; ditto Japan; yen intervention expensive; Australian PPI inflation rises; UST 10yr at 4.74%; gold dips; oil mixed; NZ$1 = 58.9 USc; TWI-5 = 62.6

China PMIs negative; Korean data positive; Japan mixed; US data well off the boil with worrying bond market signals; Canada growth rises; UST 10yr at 4.75%; gold dips; oil mixed; NZ$1 = 58.9 USc; TWI-5 = 62.6