Interest3h
Westpac cuts some fixed mortgage rates, but ends its low 4.99% 3 year offer
The Red Bank pulls away from its sub 5% rate offer, after no-one followed it down. But its revised three year rate offer is ...
Interest4h
Reserve Bank cuts OCR to 3.75% and indicates room for more cuts this year
The Reserve Bank (RBNZ) has cut the Official Cash Rate (OCR) to 3.75%, down from 4.25%. After this widely expected move, all ...
Interest7h
Federated Farmers survey shows 'a significant shift in the mood of rural New Zealand'
Federated Farmers’ latest twice-yearly Farm Confidence Survey shows farmers’ confidence in current general economic ...
Interest6h
Fonterra pushes ahead with multi-billion dollar consumer brands sale
Fonterra says if it decides to list its consumer brands on the share market, the spun-off company will be called Mainland ...
Interest11h
NZD underperforms ahead of RBNZ MPS today, where anything other than a 50bps cut would be a huge surprise
Weaker US homebuilder sentiment, an uplift in UK wage inflation, and an upward surprise in core Canadian CPI inflation. RBA ...
Interest8h
Fletcher Building reports another 'challenging' half-year and $134m loss
Fletcher Building says 'macroeconomic pressures' are expected to persist and economic activity to remain subdued at 'below ...
Interest6h
RBNZ’s Adrian Orr is ‘punishing rural NZ’, Fed Farmers say
Federated Farmers want Finance Minister Nicola Willis to force the Reserve Bank to loosen its capital requirement rules to make rural lending more affordable ...