Fed holds rates steady, hints at cuts next year
The US Federal Reserve has kept its official rates unchanged.
AdvertisementAdvertise with NZME.
Latest fromEconomy
Official cash rate cut remains unlikely, despite drop in inflation - economist
Inflation looks set to fall well below 5 per cent by the end of the year.
The food prices jumping the most in 2023
Cost of vegetables increases after adverse weather events, disease.
Treasury backs RBNZ focus on inflation
However, officials are worried about chopping and changing the Reserve Bank Act.
Biden goes into 2024 with economy getting stronger, but voters feel horrible
Turkeys, petrol and unrealistic Insta-glam expectations may influence the mood of voters.
Immigration boom: Annual net migration gain nears 130,000, smashing records
Citizens of India, the Philippines, China, Fiji and South Africa drove net migration gain.
Reserve Bank would think twice before removing LVR mortgage restrictions again
Regulator makes case for introduction of debt-to-income restrictions.
Brace for economic slowdown, no recession but lower growth for longer - NZIER
This Thursday's GDP data may stay positive but the outlook is far from upbeat.
Did Luxon inherit a recession? - new economic growth data due this week
Economists warn that high net migration is inflating topline GDP.
Liam Dann: Cheaper petrol a reminder we’re not stuck in a 1970s inflation flashback
Oil markets have delivered a welcome reminde the world is a very different place in 2023.
IRD puts four Auckland dentistry companies under
The businesses were in receivership till last April but repaid creditors $5m to escape.
Error in coalition agreement causes confusion around contractors' rights
Act had campaigned on stopping contractors going to court over employment status.
Standoff: Yawning interest rate gap opens up between Reserve Bank and market
A standoff between the money market and the Reserve Bank could mean lower mortgage rates.
Auckland house prices and sales up, big agency says
Will the slow, steady increase in house prices become a summer surge?
Market Watch: Is the inflation war won? US investors think so
Reserve Bank has done its best to distance New Zealand from US inflation optimism.
RBNZ's tough talk on interest rates isn't a game, says deputy governor
Christian Hawkesby on why the RBNZ is leaning against markets pricing in rate cuts.
Christopher Niesche: Wannabe Aussie first home buyers sailing in troubled waters
OPINION: Why home ownership will increasingly be determined by who one's parents are.
Liam Dann: Brace yourself - big warning buried in the Reserve Bank statement
OPINION: Monetary policy takes time and the real pain of high rates is still to come.
Mass pre-Christmas job cuts expected at NZ food processing division
There are fears of 100-plus redundancies as Tomra cuts back its NZ operations.
Skin cancer clinic hit by property deals, falling patient numbers
Owners had a home but decided at the peak of the market to buy a lifestyle block.
Why Luxon needs more than public service, tax cuts to tame inflation
Fixing the economy won't be as easy as making a few cuts.
Editorial: New Govt can't let economy get lost in the coalition noise
OPINION: It's been a tumultuous start but it shouldn't forget why it won the election.
Tensions soothed? Luxon 'united' with Orr in inflation fight
Removing the Reserve Bank's employment target top of the Government's to-do list.
Liam Dann: Reserve Bank talks tough, pushes back on rate cut hype - will markets buy it?
With a hawkish tone, the RBNZ warned it's not the time to let up in the inflation fight.
Orr's OCR surprise: Why cuts might not start until mid-2025
The Reserve Bank warned that inflation remained too high.
OCR announcement: Has inflation cooled off enough?
Capacity pressures easing as higher interest rates dampen demand.
Woman accused of threatening to kill top architecture firm staff appears in court
A woman facing six charges stood quietly as a judge considered extending name suppression.
OCR announcement: How long should you fix your mortgage for?
Experts share how they'd structure their mortgages.
Cooking the Books: Why embracing a ‘personal brand’ could get you a pay rise
It can be the key to earning more without returning to studying.
Liam Dann: The big divide that will drive conflict in the new Govt
OPINION: Christopher Luxon has done well to find much common ground but a big gap remains.
What the coalition deal means for the economy
An overview of the policies that affect your back pocket.
NZ dollar goes digital in new stablecoin
Easy Crypto beats the RBNZ to the punch and aims to increase crypto uptake.
This shop offering staff unlimited holidays and sick leave
No one has yet abused the unlimited annual leave, shop's managing director said.
Rodney Wayne fires up migration debate after hair salon troubles
The businessman says shambolic migration and makeshift salons have caused serious damage.