Concrete data points to NZ building slowdown
Another fall in concrete production indicates an eventual decline in building activity.
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Latest from Banking and finance
‘I just lost the fear’: why more older people are founding start-ups
Financial Times: Experienced founders finding success despite the prejudices of investors.
Financial watchdog issues interim stop order on David McEwen
The FMA is concerned about a risk of investor harm.
Rapidly rising rates bolster BNZ’s bottom line - CEO
CEO attributes bank's record bottom line to three key factors, not price gouging.
BNZ profits from rising mortgage rates
BNZ's annual profit rose to $1.5 billion, despite the deteriorating economy.
Job adverts decline sharply, Seek report shows
The job market downturn "solidified" in October, BNZ says.
How CEOs should tackle the rise of generative AI
Three finalists line up for the Deloitte Top 200 CEO of the year award.
Oil price gives up gains since start of Israel-Hamas war
Financial Times: Traders bet conflict is unlikely to spread to oil-rich states.
Opinion: A Trump win would change the world
FT: Were he to return, the implication for the global economy would be profound.
WeWork files for bankruptcy amid office market downturn
Financial Times: A humbling fall for the once high-flying co-working start-up.
Can corporate America cope with its vast debt pile?
Financial Times: Worries over $22 trillion debt, but companies find new ways to survive.
‘Hard yards’: ANZ forecasts tough economy ahead - no quick fix with new Govt
ANZ says unemployment will rise into 2025, with per capita growth 'very weak' in 2024.
Never lived in: Mass mortgagee sale in Takapuna
Exceptionally rare for a developer to speculatively build multi-unit residential projects.
‘Not sure we’ve got a safety net’: Israeli businesses buckle as war hits economy
Financial Times: Some companies shut as consumers and workers either drafted or shielding.
How to hire the best for less
Financial Times: Workers will accept lower pay at some types of firms.
'We know there is more pain to come': Westpac NZ prepares customers for the rocky road ahead
Westpac posts a respectable profit but prepares customers for tougher economic times.
Elon Musk releases new AI chatbot ‘Grok’ in bid to take on ChatGPT
Financial Times: Billionaire’s xAI start-up unveils generative AI model.
The battle for the future of car manufacturing: Toyota takes on Tesla’s gigacasting
Financial Times: Japanese carmaker is working on new approach to ramp up EV production.
Westpac NZ annual profit drops 7pc, says it is well-positioned
The bank reported a net profit of $963 million for September year.
Beijing bank not buying influence — Kiwi exec
Former employee alleged CCP dominating Asian Infrastructure Investment Bank.
Warren Buffett’s Berkshire Hathaway sells stocks as cash pile swells
Financial Times: Conglomerate offloads more than $8b worth of US and global shares.
Inside the life of the fallen ‘king of crypto’
Financial Times: The master storyteller's narrative unravels.
Opinion: Five secrets of human nature I could only have learned in an office
Financial Times: Apart from dating, there is no better education in human behaviour.
Australia falls out of love with Qantas
Financial Times: Investors, unions, customers demand change, despite strong profits.
Pah Homestead cafe under new management, previous operator in liquidation
Pah Homestead housed the James Wallace Arts Trust collection.
Pushpay insider case results in six-month community detention
The individual was found guilty by a jury in August.
Luxury Auckland apartments go to mortgagee sale
Major sign of trouble: 33 units in one block up for distressed sale.
‘Kingmaker’s asset’: Disney moves to buy remaining Hulu stake
Financial Times: Offer of US$8.6b is expected to start heated valuation negotiations.
Toyota’s EV batteries: 1200km range, 10-minute charging - or just another promise?
Financial Times: 'A race is on worldwide to succeed in the solid-state battery space'.
Former mortgage broker pleads guilty to dishonesty offences
Mortgage broker obtained home loans through false documents.
Mortgage stress expected to double by early 2025, warns Reserve Bank
RBNZ warns times will get tougher for mortgage holders.
Opinion: Chandler Bing’s impenetrable job defined a generation
Financial Times: Matthew Perry's travails on ‘Friends’ acute sign of different office age.
'Dual shock': Big rises in oil, food prices possible if Israel-Hamas conflict intensifies
Financial Times: World Bank's warning comes as markets still reel from Russia-Ukraine war.
House prices set to rise 8 per cent next year - report
High population growth is 'adding to demand', says Westpac's chief economist.