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  • Weak inflation outlook could be enough to convince the Reserve Bank to cut the OCR

    A softening outlook for inflation has boosted expectations that the Reserve Bank will cut the official cash rate (OCR) below 1 per cent tomorrow.A day before its final interest rate call of 2019 the Reserve Bank released its quarterly...Tuesday, November 12, 2019
  • NZ shares gain as Mercury wind farm has investors revisiting smelter fears

    New Zealand shares edged higher as Mercury NZ's decision to press ahead with the second stage of what will be the country's biggest wind farm had some investors revisiting their fears of the energy-hungry Tiwai Point smelter closing.The...Tuesday, November 12, 2019
  • NZ dollar falls as waning inflation expectations boost odds of OCR cut

    The New Zealand dollar fell after a survey showed inflation expectations remain anchored well below the Reserve Bank's target, making it more likely the central bank will cut interest rates again tomorrow.The kiwi was trading at...Tuesday, November 12, 2019
  • Kiwi company Nautilus Modular says it can build a house in under a week

    A Wanaka-based company has today launched a modular building system which will allow houses to be constructed in under a week, it says. READ MORE:• Hi-tech house-building factory: preparing for Auckland opening, to make thousands...Tuesday, November 12, 2019
  • Taco Bell opens first Auckland restaurant: The big taste test

    Taco Bell has opened its doors today, inviting West Aucklanders to get their first taste of food loosely inspired by Mexican culinary traditions.In the United States, Taco Bell has a reputation for being particularly popular among...Tuesday, November 12, 2019
  • Air New Zealand adds 145 flights between Napier and Auckland at start of 2020 after Jetstar's withdrawal

    Air New Zealand is adding 145 flights between Auckland and Napier from January to March.The move follows the withdrawal of rival Jetstar's regional services.Air NZ said on Tuesday it would add the additional flights, a total of...Tuesday, November 12, 2019
  • Working in the #MeToo era

    The #MeToo movement has changed behaviour in New Zealand workplaces. It's never going to alter the way some people think, says Rachel Hopkins, chief executive of Diversity Works. It has, however, improved behaviour in the workplace.One...Tuesday, November 12, 2019
  • Tom O'Neil: Happiness is contagious

    Recruitment and career research site released some common sense, but none the less important findings in their latest publication, Happy Employees, Satisfied Customers.Researching almost 300 large employers across...Tuesday, November 12, 2019
  • Mercury advances Turitea, warns of regulatory risk

    Mercury NZ says the electricity market is under stress and needs new generation investment if high wholesale power prices are not to start flowing into household prices.Wholesale prices have been high for more than a year and are...Tuesday, November 12, 2019
  • Air New Zealand trials downtown Queenstown bag check-in with Off Airport Check In Solutions

    Air New Zealand is starting a downtown Queenstown bag drop trial next week in a scheme that could be rolled out to more locations.Travellers flying on the airline's domestic and international services will be able to use the downtown...Tuesday, November 12, 2019
  • Taco Bell NZ menu and prices revealed

    Taco Bell opens its doors today, inviting West Aucklanders to get their first taste of food loosely inspired by Mexican culinary traditions.In the United States, Taco Bell has a reputation for being particularly popular among consumers...Tuesday, November 12, 2019
  • Richest 1% of Americans close to surpassing wealth of middle class

    The US's historic economic expansion has so enriched one-percenters that they now hold almost as much wealth as the middle- and upper-middle classes combined.The top 1% of American households have enjoyed huge returns in the stock...Monday, November 11, 2019
  • Auckland Airport backs down on increased airline office rents

    Auckland Airport has backed down on office rental rises for airline customers, saving them about $1 million over the next three years.While retailers have been stung with increases of up to 40 per cent, airlines say the airport...Monday, November 11, 2019
  • NZ shares gain, retirement villages buoyed by Auckland housing market bounce

    New Zealand shares gained, led by Summerset Group, as retirement village operators extended their gains following signs of a recovery in the Auckland property market. Abano Healthcare jumped on a takeover bid. The S&P/NZX 50 Index...Monday, November 11, 2019
  • NZ dollar rises, shrugging off US-China trade war woes

    The New Zealand dollar rose, shaking off concerns that the US may not lift tariffs on Chinese imports as much as hoped and as the market jockeys for position ahead of the Reserve Bank's monetary policy statement on Wednesday.The...Monday, November 11, 2019
  • Apple co-founder says Goldman's Apple Card algorithm discriminates

    Apple and Goldman Sachs, two of the most recognisable companies in tech and finance, are caught up in a growing debate over whether lenders unintentionally discriminate when they use complex models to determine how Americans borrow...Monday, November 11, 2019
  • Burger King franchisee loses fortune over Whopper deal error

    The biggest Burger King franchisee in the world has admitted it "screwed up" a meal deal, losing millions in the process.Carrols Restaurant Group, which owns and operates more than 1000 Burger Kings ? the equivalent of Australia's...Monday, November 11, 2019
  • ACC investment chief quitting to found own firm - with ACC as anchor customer

    ACC chief investment officer Nicholas Bagnall is calling it a day after spending more than a quarter of a century helping build the state-owned workplace insurer's investment portfolio to some $45 billion. READ MORE:• The...Monday, November 11, 2019
  • Date locked in for controversial bank capital decision

    The Reserve Bank will reveal its final decision on a controversial proposal to make banks hold more capital on Thursday December 5 at 12pm.The Reserve Bank is proposing a lift in the amount of risk-weighted capital retail banks...Monday, November 11, 2019
  • Fonterra starts sell-down of Beingmate holding

    Fonterra's stake in China's Beingmate has dropped by one per cent to 17.8 per cent following a series of transactions.According to Shenzen Stock Exchange data, the sales took place within a range of 5.28 to 6.71 yuan.That equates...Monday, November 11, 2019

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