Mortgage relief? Westpac first major bank to start cutting rates again
Westpac is cutting a range of its longer-term home loan rates.
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Latest from Banking and finance
Black Friday sales NZ: How not to get scammed
Criminals know everyone wants a bargain from now till Boxing Day.
Big read: Disney kingdom’s quest to rediscover the magic
Financial Times: Marvel, Pixar and Lucasfilm seem to have hit a wall.
Can China spend its way out of economic crisis?
Financial Times: How much budgetary firepower does Beijing really have?
Saudi Arabia-backed mixed martial arts league challenges UFC with Bellator deal
Financial Times: Acquisition as kingdom seeks to bolster its global presence in sports.
Kiwibank lifts short term home loan rates as pressure builds on homeowners
Homeowners are still facing increasing mortgage rates.
Ruchir Sharma: China’s rise is reversing
Financial Times: Past two years see biggest drop in China's share of global GDP since Mao.
AI outperforms conventional weather forecasting methods for the first time
Financial Times: "A turning point in weather forecasting.”
OpenAI schism leads to Sam Altman’s ousting — and an opening to rivals
Financial Times: New alliances will be created by the CEO's sudden, dramatic departure.
Apple moves to simplify messaging between iPhones and Androids
Financial Times: Apple under pressure to improve interoperability between systems.
Scamfest as retailers hope Black Friday and Cyber Monday pay off
Two big events made in the US, and one made in China, aim to ignite retail fortunes.
Simon Kuper: The Dutch are piloting a saner European right
Financial Times: Dutch right is Post-Thatcherite, post-Trumpian, less rabid.
RBNZ prints money to protect the dollar
Are the risks associated with building a war chest of foreign reserves worth it?
The legal baggage awaiting Lachlan Murdoch at Fox
Financial Times: As new boss completes succession, he must contend with unresolved claims.
Is Indonesia finally set to become an economic superpower?
Financial Times: Jokowi has guided strong growth, rapid development, and has bigger plans.
Wall Street workers told to expect another year of smaller bonuses
Financial Times: Payouts for some roles set to fall by 25 per cent.
Eftpos, credit card retail spending well down in October
Spending in retail industries fell 0.7 per cent compared to September, down by $44m.
US stocks and bonds jump after inflation falls
Financial Times: Rise in US consumer price index slows more than economists had forecast.
'Dominos falling' - receivers selling 11 unfinished Auckland apartment blocks
'Wake-up call for anyone pushing the Auckland intensify agenda.'
China, Russia, Iran and the prospect of American retreat
Financial Times: US faces simultaneous security challenges in Asia, Europe, Middle East.
Property Insider: Waiwera tower went with whimper; wholesale fund repayments looming
Demolition more of a labour of love, slowly unpicking the structure from the top down.
The fraught politics of the office whipround
Financial Times: Technology upending the age-old act of chipping in for a farewell gift.
ANZ's cash profit up 10pc to $2.2b, but net profit falls 7pc
ANZ expects inflation, interest rates to stay high.
German homebuilding collapse threatens wider economic damage
Financial Times: Once-thriving residential construction industry has slumped.
Banks say $198m lost to scams; Netsafe calls for anti-scam centre
Netsafe survey finds $2.1 billion in total losses; banks ready key new security measure.
Townhouse construction funding most popular, land development not so much
Appetite grows for lending to terraces and townhouses.
Dilworth allocates $44m for sexual abuse victim redress
Dilworth is budgeting to provide redress for up to 250 victims of historic sexual abuse.
Liam Dann: Is the ComCom a 22-year-old failure?
OPINION: New Zealand lacks adequate competition in key industries.
Wall Street and Beijing fight fallout of ransomware attack on China’s biggest bank
Financial Times: New York arm of ICBC was forced to use a USB stick to transmit data.
Diana Clement: Is that really saving money or just confirming what you believe?
OPINION: What to look out for.
Obesity drug cuts risk of death by 18 per cent
Wegovy has been found to have a 'quite profound' effect on reducing heart attack risk.
Mary Holm: For house prices, up is not the only way
OPINION: I’ve been bothered for some time about property valuations.
Concrete data points to NZ building slowdown
Another fall in concrete production indicates an eventual decline in building activity.
‘I just lost the fear’: why more older people are founding start-ups
Financial Times: Experienced founders finding success despite the prejudices of investors.