Mandy Te
Latest articles
Inland Revenue data for December shows over 6000 KiwiSaver withdrawals due to hardship made in that month
[updated]
Prime Minister Christopher Luxon announces New Zealand’s 2026 general election will be held on November 7. Labour 'fired up and ready to go'
Finance Minister Nicola Willis on banking competition, inflation, the upcoming election and hard working NZ families
Inland Revenue data shows early KiwiSaver withdrawals hit a new monthly high of over $255 million in November
20th Dec 25, 9:11am
by Mandy Te
Inland Revenue data shows early KiwiSaver withdrawals hit a new monthly high of over $255 million in November
'Do we really think we are currently growing at the same pace as China and three times that of Australia?': BNZ's head of research says latest GDP result delivered 'more noise than signal', encourages scepticism
Nicola Willis 'won't overreact' to forecast fiscal changes as ANZ economists say ‘substantial policy change’ is needed to tackle the likes of ageing population costs
Delay in economic recovery has led to ‘small deterioration in the fiscal forecasts’, Treasury says in its Half Year Economic and Fiscal Update as it expects a widening fiscal deficit and forecasts surplus to return in 2029/2030
[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’