Mandy Te
Latest articles
[updated]
Bank switching: Consumer NZ raises concern over banks being left to manage and run switching, calls on the Government to ‘step in and ensure New Zealand has an independent switching service’
Trump Administration puts forward proposal requiring visa-exempt tourists, including New Zealanders, to share social media history, biometric information and family details
Finance Minister Nicola Willis suggests borrowers should shop around and make banks compete with each other
New Reserve Bank Governor Anna Breman on inflation, housing, mortgage rates, prudential regulation and RBNZ independence from politicians
Tower Insurance to pay $7 million penalty after the FMA says it used advertised multi-policy discounts to attract and keep customers but did not have ‘systems that could reliably deliver on the promised discount’
[updated]
Replacing the Resource Management Act: Government introduces new planning system, with RMA Reform Minister Chris Bishop saying new system will strengthen property rights and restore 'freedom' for New Zealanders
'We're different economies': As the Government says it's not prepared to pay for offshore mitigation to meet climate targets, Australian politicians say both countries have different ways of getting to net zero
5th Dec 25, 3:32pm
by Mandy Te
'We're different economies': As the Government says it's not prepared to pay for offshore mitigation to meet climate targets, Australian politicians say both countries have different ways of getting to net zero
Commerce and Consumer Affairs Minister Scott Simpson says full surcharge ban would provide better checkout experience for customers, ban could extend to online transactions in future
[updated]
As the Government proposes a rates cap, councils may be forced to take on more debt if they ‘hope to plough on’ with investments and ‘this would be a credit negative,’ S&P says
New Reserve Bank Governor Anna Breman pledges to stay 'laser focused' on low, stable inflation, a stable financial system, and safe and efficient payments
[updated]
Local Government Minister Simon Watts unveils rates cap with a target range of 2% to 4% increases, saying ‘ratepayers deserve councils that live within their means’
Labour releases 'Family Doctor Loan Scheme' policy offering low-interest loans for doctors to set up new practices or buy into existing ones
RBNZ Assistant Governor Karen Silk says Monetary Policy Committee will keep an eye on price setting behaviour and world dynamics that could potentially influence how the Official Cash Rate moves
Finance Minister Nicola Willis says she hopes the Reserve Bank’s OCR cut will flow through to mortgage holders, telling banks they have a stake in the economy and they should 'pass on as much as possible'
Assistant Governor Karen Silk on what the RBNZ will be watching before its next OCR review and what new Governor Anna Breman will bring
‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected
[updated]
The Government is proposing to abolish regional councillors, with mayors to lead regional issues and govern on a 'Combined Territories Board’
Prime Minister Christopher Luxon on rumours of a leadership coup, National's KiwiSaver policy and why an OCR cut ‘would be fantastic’
From mandatory home warranties to professional indemnity insurance: Building and Construction Minister announces measures ‘to ensure building owners are protected’ as building consent system set to change
Early KiwiSaver withdrawals hit new monthly high of $246.9 million in October
Despite ‘more meaningful economic gains’ across most regions there’s still a divide between the North and South islands, Infometrics principal economist says
Government pushes out decision on whether to increase the Natural Hazards Insurance Levy as Finance Minister Nicola Willis says insurance is a major cost-of-living pressure on New Zealanders
Government plans to introduce annual CPI adjustments to tolling, Transport Minister says all road users should contribute in proportion to the use of the country’s roads
Tower launches Rainfall Response Cover in Fiji, expanding the insurer’s parametric cover as it also mulls a parametric offering in NZ
[updated]
There are ‘no obstacles’ to another Official Cash Rate cut, economists say, and they expect inflation to fall as Statistics New Zealand’s latest Selected Price Indexes shows annual food prices up 4.7% in October