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Author Archives: RNZ Business Headlines

Official cash rate tipped to hit 5 percent by year’s end

August 5, 2024 by RNZ Business Headlines

Westpac has brought forward its cut forecast.
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Posted in News, RNZ business.

Job market cools, unemployment expected to rise further – economists

August 5, 2024 by RNZ Business Headlines

The unemployment rate is expected to rise to a near four-year high as demand for workers cools while the economy struggles under the weight of high interest rates.
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Posted in News, RNZ business.

Competition lands in Northland as Barrier Air flights to Kerikeri begin

August 5, 2024 by RNZ Business Headlines

The inaugural Barrier Air flight between Auckland and Kerikeri landed on Sunday evening.
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Posted in News, RNZ business.

Fraction of incorrectly paid cost-of-living support returned

August 4, 2024 by RNZ Business Headlines

ACT says Inland Revenue should reconsider policy of not chasing the payments.
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Posted in News, RNZ business.

Why falling interest rates aren’t good news for everyone

August 4, 2024 by RNZ Business Headlines

Here’s what you can think about if you have money in the bank.
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Posted in News, RNZ business.

Reserve Bank makes plans to have digital currency in place by 2030

August 3, 2024 by RNZ Business Headlines

It is in stage two of a multi-year project to consider the use of digital cash, which would circulate alongside physical notes and coins.
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Posted in News, RNZ business.

Ask Susan: How old is too old for a home loan?

August 3, 2024 by RNZ Business Headlines

RNZ’s money correspondent Susan Edmunds answers your burning questions.
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Posted in News, RNZ business.

Air New Zealand explains its airfares after it cost almost $2000 to fly domestically

August 2, 2024 by RNZ Business Headlines

A spontaneous weekend away in New Zealand is not as cheap as it once was.
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Posted in News, RNZ business.

Aussie takeover bid for The Warehouse falls through

August 2, 2024 by RNZ Business Headlines

An Australian private equity group’s takeover pitch for The Warehouse Group has fallen through, despite backing from the retail giant’s founder Stephen Tindall.
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Posted in News, RNZ business.

Auckland property investor and developer Du Val Group placed into interim receivership by the High Court

August 2, 2024 by RNZ Business Headlines

The interim orders were made against Du Val Capital Partners, together with a number of entities within the Group – at the request of the government financial regulator, the Financial Markets Authority.
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Posted in News, RNZ business.
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