The Latest Breaking News from RBNZ

While economists are expecting further contraction of the NZ economy this year, opinions vary as to how bad things could get.

Gastroenterologist Wesley Kasen arrived in Hawke’s Bay New Zealand in February with his wife Marnie, two kids and dog from Colorado. Their arrival filled a vacancy at the local hospital.

With soaring mortgage rates expected to strain household budgets, there are calls – including from the Reserve Bank of New Zealand – for the Commerce Commission to investigate bank profits.

New Zealand’s reserve bank delivered its largest rate hike in history on Wednesday, piling pressure on the country’s homeowners

It feels like a perfect storm is building. The rising cost of living and higher interest rates are putting household budgets under stress, and falling house prices could push some home owners into negative equity.

Auckland's real estate market sets the pace for the rest of New Zealand — right now, house prices are down 15 per cent from their 2021 peak and forecast to fall further. So what does that mean for families who just bought in?

There was no stopping the ASX200 this week as it traded to a 10-week high supported by better-than-expected earnings, including a thumping result from BHP.

The NZX50 records its first weekly ‘three-peat’ in a year, notching up a third consecutive week of gains to close at a 3-month high

An entire generation has never experienced life with high inflation. But that is set to change. Countries like Australia, Canada, the United Kingdom and others are reporting rising inflation. In New Zealand, inflation has climbed to its highest rate in 32 years. Our collective inexperience with the scourge of inflation,…