Latest from Finance

'Not for sale' – $1b hospital, medical business Allevia Health

An Allevia denial follows a possible Tāmaki Healthcare sale to Aussies for about $400m.

Mayor Andrew Little 'really sorry' after second error found in Wellington rates bills

Council says it overcharged ratepayers an average of $10 each in its recent rates demands.

No March cut expected for US federal funds rate as committee votes 10-2 to hold

Business with Forsyth Barr: US Fed Chair says rate ‘neutral or loosely restrictive’; Powell refuses to say if he’ll go or stay as a governor past May when his term ends as chair.

Mega-property deal: ASB's HQ to be sold for $205m

Stride is leasing buildings in front of the ASB headquarters, plans low-rise development.

'Conflict between directors' – $514,000 claims against agency in liquidation

Trade creditors are owed $381,000. A $132,600 loan is outstanding. IRD wants $50 – PKF.

Diana Clement: How to declutter your financial life

OPINION: It’s a great time of the year to give our financial lives a clean out.

Multi-billion developer Precinct launches 121-unit Mt Eden plans

Studio units to start from $600k range, fifth-level three-bedroom penthouses from $2.5m.

'Problematic': 541 new Auckland apartments unsold, 20% of stock built in last three years

Downturn in house sales sparked more unsold apartments but also many terraced homes too.

'Our challenge is to keep our heads down' – Andrew Reding on Fletcher Building in 2026

'I think it would be a mistake to count on any swift economic turnaround,' says Reding.

Kiwibank scraps plan for part-privatisation - for now

Reserve Bank rule change means Kiwibank no longer needs third-party capital to grow.

'Clever way to deal with a slow market' - apartment developer offering two-year mortgage suspension

Developer John Love says the market is slow, so he is offering an unusual apartment deal.

Green Party co-leaders gear up for 2026 election after ‘major changes’ to selection process

'We have to gain the trust of the people on how we can improve their lives.'

'Really apologetic': Wellington ratepayers to foot cost for council accounting error

The council has apologised for the mistake but says it cannot waive the cost.

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

Anna Breman speaks to the Herald.

Revealed: How much house prices may grow over next four years according to Treasury

The Half-Year Economic and Fiscal Update has been released today.

$3.7m loss for Rodd & Gunn after Canadian problems

Although the retailer generated more revenue in 2025, it also took a big hit from Canada.