Ross Stitt sees a work revolution ahead in Australia from AI adoption that could create significant problems. Are businesses, unions, and politicians up to the task? Or will we have to look to AI agents for the solutions?

Latest Reserve Bank figures show that in two months after the RBNZ effectively declared there would be no more interest rate cuts, the amount of money on fixed mortgage rates for longer than a two year duration increased by over $10 bln

Kiwibank economists say the Reserve Bank may well have to tolerate higher inflation in the short term to avoid raising interest rates into a slowing global economy

Barfoot & Thompson chief says falling house prices are attracting buyers who were previously priced out of the market

Air New Zealand would be better placed to ride out its current turbulence if it had stood by its own words four years ago and not paid shareholders dividends

US employment shrinks unexpectedly; US retail sales dip; Canada PMI rises; Gulf oil supplies in crisis; metals rise; eyes on seabed mining; UST 10yr at 4.11%; gold rises while oil jumps again; NZ$1 = 59 USc; TWI-5 = 62.7

A sudden spike in inflation expectations has investors' attention. Bond yields are rising fast to start the week, even benchmark bonds. The outlook for retail home loan rates is likely a bit grim