Reserve Bank keeps OCR at 3.25%, hints at future rate cuts
The Reserve Bank kept the OCR at 3.25%, amid international uncertainty. Source: NZ Herald Business News
Cardrona Hotel sale: 100 inquiries from New Zealand, Asia, Britain so far
The Queenstown Lakes District Council values the main site of land and buildings at $5.4m. Source: NZ Herald Business News
Unions tell Supreme Court Uber imposes ‘intensive’, ‘unrelenting’ control over drivers fighting to classed as employees
The Supreme Court is considering whether drivers are employees or contractors. Source: NZ Herald Business News
Qantas cyber attack hackers get 10,000 meal preferences, 1.3 million addresses, expert warns of fraud risk
Impersonation scam or tech wizardry? The Qantas hack raises concerns over ID theft. Source: NZ Herald Business News
Countries with large trade imbalances with the US have been major targets
Trump warned 14 countries of higher import tariffs starting from August 1. Source: NZ Herald Business News
Scams: Most people worried about pensioners falling victim but also admit to ‘oversharing’ online, Avast finds
Do as I say, not as I do: a survey exposes generational tensions in scam-fighting. Source: NZ Herald Business News
Spike in IRD-enforced liquidations as pressure goes on companies in tax arrears
The tax agency is accounting for 70% of applications to wind up companies. Source: NZ Herald Business News
Trump’s US fiscal policies threaten global economy with soaring debt levels – Richard Prebble
OPINION: US federal debt is projected to reach 130% of GDP within a decade. Source: NZ Herald Business News
Pilot sacked over Covid-19 vaccine wins Employment Court case
'Great' pilot was sacked despite doctor's vaccine advice, request for Novavax. Source: NZ Herald Business News
NZX 50 gains 0.74% despite a2 Milk slide – Market close
Summerset shares lifted 3% to $12 after a trading update. Source: NZ Herald Business News