Four months, still no buyers: PwC trying to sell Du Val properties
Bare land ready for unit development and a multi-level apartment block are still for sale.
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Latest from Economy
Cost of no growth: $12,700 for every Kiwi
Revisions to economic forecasts have left New Zealanders far worse off than expected.
ASB warns long-term mortgage rate cuts unlikely amid market shifts
Bank's economists expect slight easing in fixed rates up to one year.
Is being single bad for the economy?
A society with fewer marriages may be happier, but it also worsens economic inequality.
‘Not clear exactly’ where evicted Kāinga Ora tenants will go, CEO says
Evicted tenants may face homelessness if they don't engage in repayment plans.
ASB drops some mortgage rates
Big bank says competition on interest rates is fierce.
The economy is expected to turn a corner | NZ Herald News Update
The economy is expected to turn a corner but food and security is still rife in New Zealand. Video / NZ Herald
Market Watch: Share markets are rattled, but here’s why one fund manager remains optimistic
Liam Dann talks tariff turmoil with Pie Funds CIO Mike Taylor.
Markets with Madison: Is the world entering a wartime economy?
Plus: The defence companies that could benefit.
What to expect from company earnings season
The season - comprising mostly second half 2024 results - gets underway this week.
Liam Dann: The most brutal and personal economic statistic
OPINION: When inflation bites, we all feel it. But losing your job is personal.
We should examine whether privatisation is a good idea
OPINION: Prime Minister Christopher Luxon suggests privatisation is on the cards.
Ryan Bridge: Policy ‘vibe’ of kindness kills public service competence
OPINION: Unironically, Kāinga Ora this week announced a focus on building state houses.
Steven Joyce: Trump's tariffs and why we can't lose sight of basic economic concepts
OPINION: You would think the world wouldn’t have to relearn basis economic lessons today.
Young people bear the brunt – youth unemployment hits 23%
More than half of New Zealand's newly unemployed last year were aged 15-19.
New Zealand in a seller’s market as business sales rise
It's the first time the market has been seller-driven since ABC's reporting began in 2020.
33,000 jobs gone in a year - new data reveals extent of recession
Unemployment hit its highest level in more than four years.
Economist warns Kiwis not to ‘bet the house’ on property market
House prices could stay 'broadly flat for the next five years'.
NZ opens doors to digital nomads amid tourism push
New Zealand joins 66 countries offering visas for digital nomads.
Government spending squeeze will force public service reduction, Treasury warns
Treasury says low spending means public service levels will be hard to maintain.
Trump trade wars: What impact tariffs will have on Kiwi businesses
New Zealand will feel the indirect impact of America's policy on world trade, experts say.
Average household costs up 3% across the year. Who was hit hardest?
Inflation slowed down but some groups shouldered more of the burden.
Data expected to show more than 30,000 jobs lost in 2024
New labour market data from Stats NZ this week will reveal how bad the recession has been
Opinion: Luxon’s Minister for Economic Growth may as well be a Minister of Silly Walks
OPINION: The PM should put his marketing past behind him.
Ryan Bridge: PM must define the economic debate or Seymour steals the show
OPINION: The public appetite is there, the time for big, bold policy debates is now.
Liam Dann: When even the world’s oldest profession is struggling, you know times are tough
OPINION: The economy still feels bad but a recovery is slowly gaining momentum.
Shane Te Pou: PM needs to show leadership in this distracted, divided Govt
OPINION: Perhaps the Government’s abysmal polling is finally helping Luxon wake up.
Failed Hamilton aquabike maker Manta5: Liquidators brace for millions in warranty claims
More details emerge around failed startup.
Gold price hits new record over $2850 on tariff uncertainty
Inflationary concerns about Trump’s policies may be driving gold up.
Stock Takes: Better times ahead for NZX-listed dairy companies?
Synlait is back in action after a terrible 2024, while trade tension overhangs FPH.
‘Over $400 a month’: Economists see mortgage savings boost to economy in 2025
Two economists have crunched the numbers on mortgage costs in 2025 and the news is good.
Matthew Hooton: NZ needs a strategic approach to building wealth like Singapore's Temasek
OPINION: National, Act, NZ First and even Labour could achieve a historic agreement.
'Ripples of backfill' - who's moving Auckland CBD offices
Mansons TCLM’s completion of the new FNZ Centre had a big impact on tenancies in the city.
Fed Chair Powell says no hurry to adjust rates
'We're going to wait and see,' central bank boss says in response to Trump economics.