OCR cut brings relief for home buyers and retailers
New Zealanders are being told yesterday’s unexpected cut to the Official Cash Rate will provide some relief for those struggling with the cost of living crisis.
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Author Archives: RNZ Business Headlines
‘Home loan relief coming’ after cash rate cut
Rate cuts on Wednesday are likely to be start of persistent shift down, commentators say.
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Power price spikes: UK experts press case for offshore wind projects
Amid the challenges the energy sector is facing, a UK delegation has been talking wind in Taranaki.
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Cash rate cut: PM, Finance Minister celebrate end to ‘era of extreme price increases’
Finance Minister Nicola Willis says every New Zealander who loses a job is a New Zealander she worries about
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‘Biggest flip-flop ever’: Top economist slams Reserve Bank
The Reserve Bank cut the official cash rate to 5.25 percent.
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OCR decision: Reserve Bank cuts official cash rate to 5.25 percent
The RBNZ has come through with its first cut in four years, and retail banks are following close behind.
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Construction industry losing confidence over lack of govt work
The 2024 Construction Industry Survey – commissioned by Civil Contractors – found just one in five contractors have confidence in the outlook, which compared with a third last year.
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How much do JobSeekers really get?
The country needs to move away from the rhetoric that people don’t want to work, a researcher says.
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Why are some job ads so secretive?
An Auckland woman says she applied for a job she didn’t mean to because the ad didn’t reveal who was hiring.
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ASB Bank’s run of record annual profits ends as financial pressures hit customers
The bank reported a 10 percent fall in its cash profit weak economy and housing market hit its lending and margins.
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