Latest from Economy

World Bank cuts 2025 global growth forecast to 2.3% amid trade tensions

US tariffs could reduce global growth by 0.5 percentage points this year.

Why Genesis is simplifying its brand under one unified name

Frank will merge into Genesis between June and September, allowing customer choice.

Opinion: Here are 4 ways to make your home feel warmer this winter

New Zealand faces its first major cold snap of 2025, stressing chilly homes.

Auckland’s most expensive mansion now worth $73m - jumps almost $15m in latest CVs

See the top 10 most expensive Auckland homes in latest property valuations.

Auckland’s long-awaited new property valuations released

Aucklanders can find out their home's new CV from today.

Tourism: Luxon, Upston hope more money gets more attention from China, Australia, US

More bounce needed to get tourism numbers back to pre-pandemic levels, PM needed.

New, never-lived-in Auckland apartment project up for mortgagee sale

WFT Finance brought in a subcontractor to finish the apartments before calling Colliers.

Another major bank cuts mortgage and deposit rates in NZ

But it isn't matching other banks which are offering 4.89% over 18 months.

‘Things are going to get less predictable’ - ANZ geopolitical expert

Cameron Mitchell on the trade war risk and how to live with uncertainty.

ANZ cuts home loan rates, lowest rate in three years

The bank has cut all of its home loan rates and the majority of its term deposits.

Mongolian PM resigns after losing confidence vote

Protests in Ulaanbaatar erupted over alleged corruption and economic concerns.

Seven sneaky ways to save power

Only heat the rooms you’re using to save around $300 a year on electric heating.

Liam Dann: Town v Country – Big cities left behind in economic recovery

OPINION: A two-speed economy is developing which could cause headaches for the RBNZ.

'No layoffs': Donald Trump defends controversial US Steel partnership plans

The US President announced a $3.69b Nippon Steel investment in a Pennsylvania plant.

Challenger for Central Hawke's Bay mayor

Will Foley aims to strengthen urban-rural connections in Central Hawke’s Bay.

Watch: Customers line outside Smith & Caughey’s for the last time

The store’s 'End of an Era Sale' began on Wednesday, attracting lines around the block.

Consumer confidence drops in May, five-year-ahead economic outlook measure plummets

Consumer confidence fell five points in May to 92.9, says ANZ-Roy Morgan survey.

US court issues sweeping ruling blocking Trump tariffs

A US federal court has blocked Donald Trump’s “Liberation Day” import tariffs.