Latest from Business

More mortgage rates tumble after OCR cut

Another major bank has cut its fixed-term rates.

Tesla slowdown: Does Elon Musk still care about selling cars?

New York Times: Tesla’s sales fell 1% last year as the global market for EVs grew 25%.

Staff perks: ANZ’s exclusive home loan rate revealed

ANZ staff receive a special home loan rate as part of benefits.

Fonterra says full-year earnings will be in ‘upper half’ of range

It has a 40c to 60c per share guidance range.

Why buying a mortgagee sale property can be a risky gamble

The property sold for $770,000, but the tenant claimed its value was $3 million.

$1 billion wiped off Spark's value as profit crashes amid 'longest and deepest recessionary period in recent history'

Telco reveals its first-half numbers - and it's ugly.

Genesis reports strong first half profit

Genesis net profit leaps past $70m in volatile environment.

Ayrburn owner Winton Land suffers profit drop

Luxury developer says downturn has been more severe and prolonged than expected.

Auckland Airport CEO says more work to do in tourism

NZ has more work to do in stimulating tourism, Auckland Airport's CEO says.

Air NZ CEO: Up to 5000 seats out of action every day due to engine problems

Foran says up to 11 planes could be grounded in the second half of its financial year.

Kmart and Bunnings' parent company posts profit growth

Wesfarmers leadership say they are confident the New Zealand segment will perform.

DeepSeek, WeChat, other apps banned from MPs’ phones

Read the Beehive directive. Expert says NZ should go further.

‘Do better’: Reserve Bank governor says retail banks' profit margins should be cut

Adrian Orr's comments on Newstalk ZB come after the RBNZ cut the OCR yesterday.

Foodstuffs v Watercare: Peace breaks out over $100m Pak'nSave opening

Pak’nSave Highland Park granted a water connection, enabling it to open on time.

‘Don’t get upset' - Adrian Orr’s mortgage rate warning

Global instability could soften domestic interest rate relief.

Trump car tariff threat puts pressure on stock markets

Global stocks were under pressure after Trump broadened his tariff threats.