Latest from Economy

RBNZ cuts cost of controversial bank capital rules - will customers see savings?

Changes to make banks more competitive, but also more risky.

RBNZ Governor fires another 'calm down' shot at markets, as mortgage rates rise

Anna Breman speaks to the Herald.

Reserve Bank Governor explains why she talked down the market

Reserve Bank Governor Dr Anna Breman does her first interview with the Herald, just over a fortnight into the job. Video / Mark Mitchell

Payment battle: Builder and apartment owners clash over $3m-$4m Quattro repair bill

The body corporate claims Teak owes money for delays and defective work.

Nicola Willis sees red: Still no surplus in sight

Economic recovery taking longer than expected.

Real NZ house values down 31.3% since peak of October 2021

New REINZ data only focuses on month-to-month changes.

Food prices fall for third month, but groceries, power still rising

Stats NZ's latest selected price index shows third monthly decline in food prices.

Back in growth: GDP data to confirm recovery hopes

GDP data for the September quarter, due this week, are expected to show a strong bounce.

Contractor to be appointed to rebuild fire-hit New World Victoria Park

New store to have a contemporary design but keep essence of previous one.

Retail card spending hits $10b as Black Friday gives sector a lift

Retail NZ chief Carolyn Young says the uplift offers 'green shoots' of recovery.

Matthew Hooton: Why Nicola Willis cannot win a fiscal fight with Ruth Richardson

OPINION: The minister's suggested debate with the Nat political veteran is a lose-lose.

Richard Prebble: If the Govt will not sell ‘assets’, who pays for safer roads and bridges?

OPINION: The Government now faces a structural deficit as climate costs loom.

Reserve Bank spending under fire – between-office travel cost hits $850k

The bank's costs for between-office travel in the age of Zoom has been labelled 'waste'.

Two lenders owed $71.7m on troubled Beachcroft Residences project

The Auckland apartments are nearly finished, but now the scale of the debt is revealed.

Is the worst of the brain drain over? Why NZ may have turned tide on talent loss

Annual net migration ticked up in October but remains low by historic standards.

New Reserve Bank Governor responds to Westpac hiking interest rates, despite OCR cut

Westpac has hiked its longer-term mortgage and term deposit rates by 30 basis points.