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.
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Latest from Economy
NZ's power system well-placed for winter - analyst
Lake levels are close to average, easing fears of a power shortage.
‘Things are going to get less predictable’ - ANZ geopolitical expert
Cameron Mitchell on the trade war risk and how to live with uncertainty.
Trump, tariffs and world turmoil
Cameron Mitchell, Head of Geopolitical Risk, ANZ discussing Trump and tariffs and world turmoil with Liam Dann. Video \ Jason Dorday
Liam Dann: Cheer up, Kiwis - and go shopping
OPINION: Uncertainty about employment is making people scared to spend on themselves.
First look at $1b warehouse hub by James Kirkpatrick Group
Heir's vision becomes a reality: 'Dad wanted this to be the best' – James Kirkpatrick jnr.
Public in the dark over Adrian Orr's resignation, as RBNZ delays information release
Assistant governors hired by Orr depart amid the Reserve Bank's restructuring.
'Completely dysfunctional': Turmoil within PNG's anti-corruption agency
Leadership tensions hamper PNG's anti-corruption body, ICAC.
NZ EV market rebounds strongly, but Tesla struggles to catch the wave
Overall new vehicle sales nudge up.
Kiwi businesses say Trump’s tariffs more 'impactful' than Covid, financial crisis
Nearly 80% of Kiwi exporters have expressed concern in the latest ASB Business Survey.
Slower global growth to weigh on NZ's economic recovery - OECD
The OECD says the world's economic prospects are waning, just as NZ starts to recover.
Inside Economics: Should you take NZ Super if you don't need it?
ANALYSIS: Framed in even more basic terms: is the pension a benefit or a right?
Richard Prebble: Govt's $140m school attendance initiative overlooks NZ's missing children crisis
OPINION: Community-based initiatives could be used to get these children back on track.
International tourism hits $12.2b, still 14% below pre-Covid levels
Visitor numbers to NZ rose 4.3% to 3.32 million, which is 86% of pre-pandemic levels.
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.
Shane Te Pou: This Govt seems intent on giving the boot to people
Jobseeker numbers have risen by 29,000, reaching 211,000 recently.
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.
'Hiccups' won't halt trade talks: Trump's tariff strategy persists
The Court of International Trade ruled the President overstepped his tariff authority.
Matthew Hooton: If superannuation can’t be cut, wage subsidies must be
Opinion: Nicola Willis has few options for big savings next year, but there are some.
End of floating rate fad to unleash stimulatory effects of OCR cuts
The average person is still paying 6% on their mortgage.
New 12-level $290m University of Auckland student block planned
Singaporeans involved in the new deal, Precinct to sell 80% of the development when done.
'Significant reset': Ryman CEO Naomi James on latest year
'Challenging market conditions': revenue up but devaluations, other items hit bottom line.
'More challenging economic environment' – Goodman CEO
Achieved targets and delivered strong result in a more challenging environment: CEO.
Jenée Tibshraeny: Has the Reserve Bank shot itself in the foot?
Uncertainty could spell more OCR cuts ... or not.
More interest rate cuts to come ... or not? Reserve Bank hedges its bets
The bank cut the Official Cash Rate but gave few clues as to what it will do next.
Morrison pockets $456m in fees as Infratil makes net loss of $261.3m
The NZSA says past changes make a fee more palatable but clearer disclosure's needed.
Inside Economics: RBNZ's big rate call today, plus are flat whites cheaper now than in the 1990s?
ANALYSIS: Liam Dann takes a deeper dive into the week's economic news.
'No recovery yet': Auckland apartment market flounders
Build-to-rent was boosted by a new project, a trend noted in the latest research.
'It is a cash grab, plain and simple': 77% port fee hike sparks industry outrage
The change may add $25m annually to costs during a cost-of-living crisis.
'Show me a path to a billion': Sir Peter Beck on how start-ups should pitch investors
The venture capital firm is flush after raising new capital and is looking to invest.
Ikea, Resido build-to-rent, Drury a focus for Kiwi Property: full-year result
The long-awaited arrival of the global leader has retailers and shoppers excited.
'Resilience': Turners' profit thrives amid tough economic climate
Turners Automotive reported a record net profit of $38.6m, up 17%.
NZ's biggest private hospital expansion: First look inside $190m project
Country's biggest private intensive care unit was built as part of the Epsom expansion.
Hayden Wilson: Budget 2025 - A pass mark, with reservations
Opinion: Budget's bold tax move could spur business investment.