The new record inflation figures come as no shock to many, with rising housing, fuel and construction costs putting the pinch on even those with means.
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The Reserve Bank has filled another gap in its senior management team with the appointment of Karen Silk from Westpac to head its economics, financial markets and banking operations.
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Consumer prices rose 1.4 percent in the three months ended December, taking the annual inflation rate to 5.9 percent.
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The automotive retail and vehicle financing company now expects its underlying profit to be between $2.3 million and $2.7m.
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Nearly nine-out-of-10 organisations say the pandemic has thrust a digital-first strategy to the top of priorities, with significant investment in technology expected over the next couple of years.
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The director of a company importing rapid antigen tests says the government should not try to be “all things to all people” in ensuring tests get to vital businesses.
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Aspiring homeowners are locking up their lives – including possibly cutting health costs – to try increase their chances of getting loans approved by banks under stricter rules.
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Retail prices could rise as much as 10 percent this year due to unrelenting inflationary pressure, the organisation representing business owners says.
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Businesses feel the prioritisation for the government’s order of rapid antigen tests has tripped up their pandemic planning, says the Food and Grocery Council.
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Their home is on some of Auckland’s most expensive freehold real estate, with multimillion-dollar views and mortgage-free.
But these homeowners don’t have flashy apartments but rather enjoy the simplicity of the land they’ve made their home.
Two pairs … Continue reading