New Zealand's economy could be on track for its long-awaited recovery - if fuel prices can stay lower, Infometrics says.
New Zealand
8:00am
A longer downturn may prompt some customers to reassess their investments, experts say.
Business
Saturday 6:00pm
Opinion: Many young people no longer even consider owning a home, but Lucy Bendell explains how it can be done.
Saturday 6:00am
OPINION: Working in an industry that reduced humans to numbers on a spreadsheet was depressing – but losing that work was alarming.
Life
Zip said in an email to customers that it would be ceasing to provide its Pay in 4 product, which offered short-term payment plans at point of purchase.
Fri, Jul 17
The drop has cut the company's value by nearly US$1 trillion, and cost founder Elon Musk his US trillionaire status.
Thu, Jul 16
Retail spending dropped in June when compared with the month prior, according to new numbers from Stats NZ.
Wed, Jul 15
The bank's floating home loan rate rises from 5.79% to 6.04%, applying to new loans from Wednesday.
Mon, Jul 13
ACT has criticised Mark Patterson for calling India "a key market for Kiwi wool growers" even as his party opposes an agreement to enable more free trade.
Politics
Trade Minister Todd McClay said the clause was about promoting investment.
A geopolitics expert says before New Zealand asks to join a defence alliance with Australia and Fiji, it must first consider if it can afford to.
Sun, Jul 12
Lotto's huge $25 million Powerball First Division prize was not struck in last night's draw.
OPINION: If this week left you wanting to find a safe place for your money, I don't blame you. But the 'safe' option for your money isn't always what you think.
New Zealanders have had some of the worst wage growth in the world in recent years, when adjusted for inflation.
Sat, Jul 11
In the latest in our Finances after Fifty series we talk to Mary Brennan, 64, a former dominatrix and now owner and madam of Wellington brothel Funhouse.
"There is likely a taboo around insolvency out there which is a hangover from a couple of centuries where debtors faced awful treatment," one economist said.
Fri, Jul 10
The figure, equivalent to 8.6% of total GDP in the year to March 2025, comes from a report by Infometrics.
Thu, Jul 9
Rising loan rates means good news for savers however.
The spike comes just as oil prices dropped back to where they were before the war.
World
Follow 1News' live updates as the Reserve Bank announces its decision on the official cash rate (OCR).
Wed, Jul 8
Extra stock was anecdotally being driven in part by owners relocating abroad who wanted to keep a foothold in the local market, a housing expert says.
Tue, Jul 7
Kiwibank economists say a lack of consensus about the decision means it was time for keen financial watchers to "get your popcorn"
The trade drumbeat comes ahead of Indian Prime Minister Narendra Modi's arrival in Auckland on Friday - the first official visit by an Indian leader in 40 years.
Mon, Jul 6
ASB economists say the worst may be mostly over, now that oil prices are easing.
Seven countries in the OPEC+ oil-producing alliance plan to increase output next month.
