Reserve Bank: Economy could finally start feeling effects of OCR cuts now that pricey floating rates are falling out of fashion
The average person is still paying 6% on their mortgage. Source: NZ Herald Business News
1.5ha Newmarket site valued at $64 million sells to mystery buyer
The huge Auckland site was marketed with potential for a 'landmark project'. Source: NZ Herald Business News
King Charles III portrait on new 10c coin gets approval, will enter circulation in 2027
Reserve Bank shows off new coin but public faces wait for it to go into circulation. Source: NZ Herald Business News
‘Worked around the clock’: Damaged Air NZ jet repaired and back in the air as Australian agency gathers information on airbridge collision
Jet that was holed after hitting airbridge flies to Singapore for scheduled maintenance. Source: NZ Herald Business News
Retail isn’t dying, but it needs to build community to thrive – Hamish Acland
OPINION: Retail spending in New Zealand remains flat, with apparel sales down $6 million. Source: NZ Herald Business News
Media Insider podcast: Media and Communications Minister Paul Goldsmith on RNZ ratings, TVNZ financials and the state of his industry reforms
Media Insider podcast: Minister's advice to RNZ - never lose sight of core radio business. Source: NZ Herald Business News
Has the Reserve Bank shot itself in the foot over the Official Cash Rate?
Uncertainty could spell more OCR cuts ... or not. Source: NZ Herald Business News
Gisborne-based hosiery manufacturer Columbine Industries closing, 45 jobs to be lost
Columbine Industries in Disraeli St will close in about two months, with 45 roles ending. Source: NZ Herald Business News
NZ sharemarket drops 1.75% as Fisher & Paykel forecast weighs on market – Market Close
Results from Fisher & Paykel Healthcare and Infratil dragged the market down. Source: NZ Herald Business News
OCR decision: More 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. Source: NZ Herald Business News