Large chunk of KMD Brands shares sold – Market close
The NZ sharemarket couldn't continue yesterday's momentum. Source: NZ Herald Business News
Public service shrinks by 2162 people in six months – Nicola Willis wants more cuts
Willis says departments should plan to receive no new funding for cost pressures. Source: NZ Herald Business News
Government deficit widens by more than expected, partially thanks to Health NZ and higher ACC claims costs
Treasury wary of higher Health NZ staff costs and ACC claims costs. Source: NZ Herald Business News
Anti-scam measure: Banks set date for rollout of payee confirmation – but advocate wants victim reimbursement, too
Watchdog says it's 'shameful' banks took so long to introduce confirmation of payee tech. Source: NZ Herald Business News
China’s economic stimulus no magic bullet for reviving NZ dairy product demand
Only time will tell if China's economic boost package revs up consumer demand. Source: NZ Herald Business News
OCR cut: What falling interest rates mean for Kiwi travellers
The winners and losers - and what's making all holidaymakers smile. Source: NZ Herald Business News
Zespri’s ‘hard sell’ plan for more offshore kiwifruit planting still has its doubters
The global marketer says overseas growers deliver significant benefits back home. Source: NZ Herald Business News
Official Cash Rate OCR: Reserve Bank 50 basis point cut to 4.75% delivers relief but prospect of job losses dampens mood
Interest rates are now expected to drop steeply into the new year. Source: NZ Herald Business News
Will savers be stung more than borrowers benefit from falling interest rates?
Banks could profiteer from changing interest rate environment. Source: NZ Herald Business News
Rangitīkei sheep and beef farmer Laura Morrison on AI and facing farming’s challenges
The Country has five questions to get to know rural New Zealand a little better. Source: NZ Herald Business News