Latest from Business

Nicola Willis says Chorus sales money could go towards funding hospitals and schools

Willis said Chorus move does not amount to asset sales, insists economy is improving.

Loan fallout: Govt among biggest losers in Cherri Global collapse

The company owes just under $43m to creditors - most of which is related-party lending.

Reserve Bank more than triples office lease costs in the midst of staff layoffs

On top of the new 10-year lease, the RBNZ has allocated $14.5m to fit out the space.

Air travel disruptions add pressure on Congress for shutdown deal

US government shutdown has stretched into a second week with no end in sight.

Government mulls sell-down of investment in Chorus debt

Nicola Willis says the Crown no longer needs to own these securities.

Matthew Hooton: Gaza talks support Peters' stance on Palestine recognition

OPINION: Anti-Israel protesters risk being part of a horrific tradition.

Stock Takes: Property stocks are back in vogue after interest rate cuts

Local property shares jumped 14.9% in the September quarter, topping global peers.

Market close: Ryman rises but sharemarket flat after rate‑cut rally fades

Australian mining company Uvre announced it would be listing on the NZX on October 16.

‘Harness the power’: Sharesies unveils debit card that invests as you spend

Kiwi platform says for every $100 spent, $1 will be invested.

Liam Dann’s Money Talks: End of season highlights

In the final episode of Money Talks for 2025, we look back on the highlights.

'The sky is the limit': JPMorgan hit with $200m in lawyers' costs in high-profile case

Charlie Javice duped JPMorgan out of $304 million. The bank is picking up the legal tab.

‘It’s not cheap’: Expert on price tag for NZ’s LNG import push

But supply of LNG won't be an issue with glut predicted to come on to market.

Māori broadcasting shake-up: The Hui loses public funding, Te Karere set to face cuts

The Hui misses out on $1m from Te Māngai Pāho; Te Karere funding is also set to be cut.

Market close: Reserve Bank rate cut lifts NZ sharemarket as high‑yield stocks climb

The Reserve Bank’s 50-basis-point cut pushed dividend stocks to lead gains.

Banks rush to cut mortgage rates after big OCR drop

It follows a string of pre-emptive cuts by banks to fixed-term rates last week.

Reserve Bank delivers ‘shock treatment’ with 50 basis point cut

The NZ sharemarket rose after the cut to a near intraday high.