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Investors welcome OCR cut as NZ stocks hit three-year high – Market close
Latest gain means the S&P/NZX 50 Index has risen 12.6% so far this year. Source: NZ Herald Business News
NZX milk futures break over $10/kg on China demand
'The market has improved, and it’s favourable for New Zealand.' Source: NZ Herald Business News
Official Cash Rate cut: Reserve Bank says more cuts to come in February
But Governor Adrian Orr warns borrowers not to expect extremely low rates. Source: NZ Herald Business News
SolarZero insider’s shock: ‘No holiday pay, signs of trouble’, BlackRock breaks silence
A staff protest is understood to be planned for outside SolarZero’s Auckland office. Source: NZ Herald Business News
‘Relief heading into Christmas’: How banks reacted to the OCR cut
New Zealand's major banks moved swiftly to cut home loan rates after the OCR announcement. Source: NZ Herald Business News