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Ella Somers
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Latest BNZ/Seek Employment Report says hiring caution remains, but the South Island is leading the pack when it comes to annual job ad growth while Auckland and Wellington lag
Latest BNZ/Seek Employment Report says hiring caution remains, but the South Island is leading the pack when it comes to annual job ad growth while Auckland and Wellington lag
[updated]
Reserve Bank enters final stretch of Deposit Takers Act rollout via the release of two consultations on crisis-readiness and draft standards exposure
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Reserve Bank enters final stretch of Deposit Takers Act rollout via the release of two consultations on crisis-readiness and draft standards exposure
Department of Internal Affairs issues public AML warnings to six law firms, a real estate agency, a non-bank non-deposit-taking lender, an accounting service provider and a payment provider over failing to complete required independent audits
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Department of Internal Affairs issues public AML warnings to six law firms, a real estate agency, a non-bank non-deposit-taking lender, an accounting service provider and a payment provider over failing to complete required independent audits
Westpac-McDermott Miller Consumer Confidence Index shows consumer confidence in the June quarter dropped to the lowest level since 2023 due to the Middle East conflict, fuel and living costs
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Westpac-McDermott Miller Consumer Confidence Index shows consumer confidence in the June quarter dropped to the lowest level since 2023 due to the Middle East conflict, fuel and living costs
‘It’s more than just that label on the door’: A building society and a credit union weigh up the pros and cons of rebranding as ‘banks’ from 2028
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‘It’s more than just that label on the door’: A building society and a credit union weigh up the pros and cons of rebranding as ‘banks’ from 2028
NZIER's latest consensus forecasts show sluggish GDP growth as geopolitical conflict, fuel prices and election uncertainty put the brakes on the economy
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NZIER's latest consensus forecasts show sluggish GDP growth as geopolitical conflict, fuel prices and election uncertainty put the brakes on the economy
Economists expect March quarter GDP to top 1% with the effects of the Middle East conflict and global fuel crisis are likely to hit harder in GDP releases later this year
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Economists expect March quarter GDP to top 1% with the effects of the Middle East conflict and global fuel crisis are likely to hit harder in GDP releases later this year
The BNZ-BusinessNZ Performance of Manufacturing Index fell into the red in May, recording the lowest reading the index has reported in almost a year
The BNZ-BusinessNZ Performance of Manufacturing Index fell into the red in May, recording the lowest reading the index has reported in almost a year
ANZ Truckometer data points to softening economic momentum with light and heavy traffic falls in May, ahead of next week’s GDP release
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ANZ Truckometer data points to softening economic momentum with light and heavy traffic falls in May, ahead of next week’s GDP release
Energy Minister Simeon Brown places the cost of planned LNG import facility on power companies, with the Government backing down from electricity levy on consumers
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Energy Minister Simeon Brown places the cost of planned LNG import facility on power companies, with the Government backing down from electricity levy on consumers
[updated]
Responsibility for keeping the lights on to 'sit squarely with the electricity sector,' Energy Minister Simeon Brown says, with plans for LNG import terminal pushing forward, albeit it won't be funded by a levy on power bills
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Responsibility for keeping the lights on to 'sit squarely with the electricity sector,' Energy Minister Simeon Brown says, with plans for LNG import terminal pushing forward, albeit it won't be funded by a levy on power bills
[updated]
Latest Reserve Bank figures show new lending dropped 6% to $14.2 billion in April from March, but rose 16% from $12.3 billion in April 2025
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Latest Reserve Bank figures show new lending dropped 6% to $14.2 billion in April from March, but rose 16% from $12.3 billion in April 2025
ANZ card spending rose 1.8% in May month-on-month, and 4.8% compared to May 2025, with the bank’s chief economist citing a 'strong' spending lift
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ANZ card spending rose 1.8% in May month-on-month, and 4.8% compared to May 2025, with the bank’s chief economist citing a 'strong' spending lift
[updated]
Plans to limit interchange fees for Mastercard and Visa commercial credit cards outlined in Commerce Commission draft decision
Plans to limit interchange fees for Mastercard and Visa commercial credit cards outlined in Commerce Commission draft decision
Forsyth Barr analysts see integration of technology systems and TSB’s low lending and earnings growth as potential risks to a successful merger with Heartland
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Forsyth Barr analysts see integration of technology systems and TSB’s low lending and earnings growth as potential risks to a successful merger with Heartland
DairyNZ says the 2024/25 dairy season one of the strongest financial years recorded for NZ dairy farmers, but 2026/27 season will bring a ‘cost shock’
DairyNZ says the 2024/25 dairy season one of the strongest financial years recorded for NZ dairy farmers, but 2026/27 season will bring a ‘cost shock’
Credit bureau Centrix says over 134,000 homeowners now have mortgages exceeding $1 million
Credit bureau Centrix says over 134,000 homeowners now have mortgages exceeding $1 million
Heartland Group CEO says not yet decided which technology platform a combined Heartland-TSB would use, acknowledges cultural differences but doesn't expect major problems
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Heartland Group CEO says not yet decided which technology platform a combined Heartland-TSB would use, acknowledges cultural differences but doesn't expect major problems
Prime Minister Christopher Luxon says NZ Super will be an issue that successive governments of all ‘different colours or flavours’ will have to grapple with in the future
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Prime Minister Christopher Luxon says NZ Super will be an issue that successive governments of all ‘different colours or flavours’ will have to grapple with in the future
RBNZ Governor Anna Breman says public sector job cuts weren't ‘formally’ included in its latest labour market outlook and the central bank is waiting to see what the 2026 Budget contains to build a bigger picture
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RBNZ Governor Anna Breman says public sector job cuts weren't ‘formally’ included in its latest labour market outlook and the central bank is waiting to see what the 2026 Budget contains to build a bigger picture
Most economists predict the Reserve Bank will start raising the Official Cash Rate from July, following a split vote at May's Monetary Policy Committee meeting
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Most economists predict the Reserve Bank will start raising the Official Cash Rate from July, following a split vote at May's Monetary Policy Committee meeting
[updated]
Reserve Bank holds Official Cash Rate at 2.25% as expected, but needed the Governor’s casting vote after a 3-3 split vote
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Reserve Bank holds Official Cash Rate at 2.25% as expected, but needed the Governor’s casting vote after a 3-3 split vote
The Retirement Commission says KiwiSaver is working well for the majority of New Zealanders, but women are still facing a significant gender gap
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The Retirement Commission says KiwiSaver is working well for the majority of New Zealanders, but women are still facing a significant gender gap
Bank economists expect the RBNZ to keep the Official Cash Rate on hold on Wednesday as inflation uncertainty clouds the timing of future hikes
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Bank economists expect the RBNZ to keep the Official Cash Rate on hold on Wednesday as inflation uncertainty clouds the timing of future hikes
Tower Insurance’s CEO hopes to make insurance competitors sweat by drawing in new customers through low-risk policies
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Tower Insurance’s CEO hopes to make insurance competitors sweat by drawing in new customers through low-risk policies