
Business confidence slumps again, profit outlook 'dire', says ANZ
The latest ANZ Business Outlook survey shows labour shortages are still the top concern.
The latest ANZ Business Outlook survey shows labour shortages are still the top concern.
Banks tighten up as they come close to exhausting their high-risk lending allowances.
But tougher conditions expected to be felt in the second and third quarters.
'The effect will be catastrophic. How does this work for people who are suffering?'
And are set to rise even further.
It would be the first double-digit milk price on record if it comes to pass.
The bank has put the changes down to a significant rise in wholesale rates.
Concern raised over a contractor to the Reserve Bank's ties to Kiwibank.
The economy will rebound from the Omicron slump, but the real pain may still be to come.
New data from REINZ shows house prices sank further in May.
The Financial Markets Authority says ruling sends message of responsibility to industry.
NZ children's book author Malcolm Clarke has posted a viral video warning of the scam.
Economists say the first quarter was tough as Omicron kept people home.
The bank recorded a rise in home lending but a fall in agricultural and personal lending.
The ANZ Commodity Index shows export prices rose in currency-adjusted terms.
The message was sent to members even if they had been contributing.
SBS Bank has lent money to 850 first-home buyers during the year.
Rising food prices outpaced rising energy costs to drive a rise in NZ's terms of trade.
The ANZ Business Outlook survey shows inflation may be peaking but pressure still intense.
Retail banks have started hiking rates in the wake of last week's hawkish RBNZ call.
RBNZ says it expects Westpac will build on its momentum to date.
The S&P/NZX 50 Index slipped from a strong morning of trading.
Around $160 billion of fixed-rate housing loans come up for review in the next year.
The RBNZ's big commitment to beating inflation looks like bad news for mortgage holders.
The bank is looking to stay in tune with cultural changes across NZ.
New data shows retail had a slow start to year. It will only get tougher, economists say.
There will be more innovative social and green finance opportunities for investors.
The bank's head of responsible investing decries climate debate's 'shrill, partisan' tone.
Details are thin on which banks would support it and how much they would put up.