Mandy Te

First home buyers and financial hardship drove KiwiSaver early withdrawals to new monthly high above $296 million in March, Inland Revenue data shows

First home buyers and financial hardship drove KiwiSaver early withdrawals to new monthly high above $296 million in March, Inland Revenue data shows

Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter

Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter

Petrol prices jumped 19% while diesel prices increased 43% from February to March, according to Statistics New Zealand's latest Selected Price Indexes figures

Petrol prices jumped 19% while diesel prices increased 43% from February to March, according to Statistics New Zealand's latest Selected Price Indexes figures

'A contentious agreement': Why political optics, an election year and lack of typical market access has put the India FTA in the spotlight

'A contentious agreement': Why political optics, an election year and lack of typical market access has put the India FTA in the spotlight

Back and forth continues over the India FTA as Labour leader Chris Hipkins seeks more details on investment and visas for students, says it's being rushed. National cites '4 months of engaging extensively with Labour'

Back and forth continues over the India FTA as Labour leader Chris Hipkins seeks more details on investment and visas for students, says it's being rushed. National cites '4 months of engaging extensively with Labour'

‘The world has definitely changed but we have seen the benefits over time of low and stable inflation’: RBNZ Governor Anna Breman stands by inflation target, says 2% midpoint appropriate

‘The world has definitely changed but we have seen the benefits over time of low and stable inflation’: RBNZ Governor Anna Breman stands by inflation target, says 2% midpoint appropriate

As the Government's signs its first 'city deal', Prime Minister Christopher Luxon says it's committed to exploring an accommodation levy in 2027 while Auckland Mayor Wayne Brown thinks it will ultimately happen

As the Government's signs its first 'city deal', Prime Minister Christopher Luxon says it's committed to exploring an accommodation levy in 2027 while Auckland Mayor Wayne Brown thinks it will ultimately happen

Natural Hazards Commission receives 824 claims for severe weather events in January and February, with about 60% of claims for landslide damage

Natural Hazards Commission receives 824 claims for severe weather events in January and February, with about 60% of claims for landslide damage

RBNZ chief economist Paul Conway says future path for the OCR is conditional on how the economy evolves as some bank economists bring their forecasts for increases forward

RBNZ chief economist Paul Conway says future path for the OCR is conditional on how the economy evolves as some bank economists bring their forecasts for increases forward

RBNZ forecasts annual inflation will spike to 4.2% in the June quarter and warns medium-term inflationary pressure will depend on the extent to which higher costs influence price and wage-setting behaviour by firms and workers in the economy

RBNZ forecasts annual inflation will spike to 4.2% in the June quarter and warns medium-term inflationary pressure will depend on the extent to which higher costs influence price and wage-setting behaviour by firms and workers in the economy

S&P waiting to see how councils react to imposition of rates cap before making any credit ratings decisions

S&P waiting to see how councils react to imposition of rates cap before making any credit ratings decisions

Energy Minister Simon Watts reiterates that an LNG import terminal procurement process is on track

Energy Minister Simon Watts reiterates that an LNG import terminal procurement process is on track

‘Let Auckland get on with building Auckland’: Government to introduce legislation that bumps housing capacity requirement in Auckland’s housing intensification plan from 2 million to 1.4 million

‘Let Auckland get on with building Auckland’: Government to introduce legislation that bumps housing capacity requirement in Auckland’s housing intensification plan from 2 million to 1.4 million

Reserve Bank chief economist Paul Conway says supply shocks are not easy for central banks and the Monetary Policy Committee will need to make ‘some finely balanced judgments’

Reserve Bank chief economist Paul Conway says supply shocks are not easy for central banks and the Monetary Policy Committee will need to make ‘some finely balanced judgments’

The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says

The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says

Prime Minister Christopher Luxon casts doubt over whether plans to build a LNG import terminal will definitely go ahead

Prime Minister Christopher Luxon casts doubt over whether plans to build a LNG import terminal will definitely go ahead

RMA Reform Minister Chris Bishop says things in the Planning Bill and Natural Environment Bill will need to be fixed while urging people to wait and see what comes out of the Select Committee process

RMA Reform Minister Chris Bishop says things in the Planning Bill and Natural Environment Bill will need to be fixed while urging people to wait and see what comes out of the Select Committee process

Insurance Council of New Zealand says insights from global reinsurers reinforce message that 'catastrophe risk is increasing in scale and complexity' as it renews call for faster action to keep insurance accessible, protect communities

Insurance Council of New Zealand says insights from global reinsurers reinforce message that 'catastrophe risk is increasing in scale and complexity' as it renews call for faster action to keep insurance accessible, protect communities

Surcharge ban hits an impasse - 'I don't see a scenario where it gets passed before the election'

Surcharge ban hits an impasse - 'I don't see a scenario where it gets passed before the election'

‘We remain on track’: The Government isn’t considering putting a pause on its plans to build a LNG import terminal, Energy Minister Simon Watts says

‘We remain on track’: The Government isn’t considering putting a pause on its plans to build a LNG import terminal, Energy Minister Simon Watts says

Green Party housing campaign pledges to remove interest deductibility for landlords, build more public housing and cap rent increases at 2% per year

Green Party housing campaign pledges to remove interest deductibility for landlords, build more public housing and cap rent increases at 2% per year

NZ First, the Greens and Labour all eyeing change to the gentailer model

NZ First, the Greens and Labour all eyeing change to the gentailer model

Green Party proposes a fossil fuel crisis relief package that includes free public transport, a tax to prevent corporations from price gouging and a relief payment for people on low incomes

Green Party proposes a fossil fuel crisis relief package that includes free public transport, a tax to prevent corporations from price gouging and a relief payment for people on low incomes

Government, Meridian Energy and ChargeNet to more than double EV chargers across New Zealand

Government, Meridian Energy and ChargeNet to more than double EV chargers across New Zealand

Winston Peters says NZ First wants to break up power gentailers ‘so they can no longer control both the power and the price’

Winston Peters says NZ First wants to break up power gentailers ‘so they can no longer control both the power and the price’