
'Rapidly rising': Kiwis face housing pain despite inflation drop
Food prices have stabilised, but insurance, rates and rents are still “rising rapidly".
Food prices have stabilised, but insurance, rates and rents are still “rising rapidly".
As the inflation rate drops close to the target range, calls for early cuts are growing.
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Hopes were high for a decent fall in the official CPI inflation rate.
'We are at the point of sinking,' says cafe owner Richard O'Hanlon.
The store's last day of operation is this Friday.
There are clouds over retail throughout the country as consumers close their wallets.
'They have no understanding of what it means. And often our people are drawn to buy that.'
Consumer Price Index data should confirm whether November rate cut hopes are on the mark.
Duchaan Fraser now has to pay $4000 back to Woolworths at $15 a week.
Merger costs of $7.1m help Foodstuffs North Island to a modest loss.
Good news for the inflation fight as food prices continue to ease, Stats NZ figures show.
Originally opened here in 2006. Now has 1000-plus staff in around 100 stores in NZ.
Sephora opened its flagship Queen St store back in 2019.
Store staff are being threatened and hurt in broad daylight, says Woolworths.
Antique and used goods dealers among those making the biggest profits.
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The Nelson woman's lawyer says she's trying to be a productive member of society now.
Developers have fought for years to create new townships on outskirts of Auckland.
He also stole e-bikes, an e-scooter and items from Rebel Sport, Farmers and The Warehouse.
Low activity overall, but some pick-up in the last few days of June.
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The company, which made the clothes and sold them at NorthWest, has gone under.
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'Considerable similarities between Ponsonby Central and Steamer Wharf in Queenstown.'
Latest Quarterly Survey of Business Opinion shows a downbeat outlook across all sectors.
More people falling behind on their mortgage and credit card payments.
Statement of claim lodged, no date has yet been set for a hearing in court.
Economic downturn didn't dent our food market: biggest owner expanding, replacing stores.