EQC buys more reinsurance and issues its first catastrophe bond
Crown still very exposed to helping homeowners in a disaster. Source: NZ Herald Business News
Home loan borrowers getting used to higher interest rates ‘new norm’
Signs are there, but a mortgage broker says there is worse to come for some. Source: NZ Herald Business News
2023/24 milk price of $8/kg will be a pinch for farmers
Fonterra's "mid-point" forecast of $8/kg will be close to break-even for farmers. Source: NZ Herald Business News
Weather: ‘Very warm’ temperatures in Whanganui slow winter clothing sales
'When it’s warm outside you don’t look for a massive woolly jumper.' Source: NZ Herald Business News
House prices: Latest data suggests ‘possible floor’ in plummeting property prices
New reports from OneRoof, Corelogic and ANZ all suggest house prices may have bottomed out Source: NZ Herald Business News
Market close: NZ shares fall nearly half a per cent
There were 61 gainers and 72 decliners over the whole market. Source: NZ Herald Business News
Business confidence rebounding, is it too soon for Reserve Bank’s inflation fight?
The construction sector is reporting an improved outlook, according to the ANZ survey. Source: NZ Herald Business News
Fisher & Paykel Healthcare cleared for $275m land deal, 104ha expansion
The new site will be a second R&D and manufacturing campus to grow operations. Source: NZ Herald Business News
R&D spending jumps, but still it’s shy of government target
NZ lags behind other small countries, but Verrall says NZ gaining momentum. Source: NZ Herald Business News
Inflation in Australia bounces back up
Housing, food and transport contributed to inflation spike. Source: NZ Herald Business News