New mortgage borrowing in July slipped to lowest monthly level since February, falling 13% or almost $1.2 billion year-on-year as investors retreat

US data mixed although durable goods orders positive; Meta concedes child harm, to pay large penalty; China rolls out support financing; Australia inflation falls less than expected; UST 10yr at 4.67%; gold dips and oil firm; NZ$1 = 59.4 USc

National’s Nicola Willis and Labour’s Barbara Edmonds lay out their plans for the economy

Cross-party agreement the ETS requires major reform is needed, Parliamentary Commissioner for the Environment Simon Upton says, with the role of forestry requiring a fundamental rethink