Importers are footing the bill for the Reserve Bank’s surprise hold
The Reserve Bank's decision to hold the official cash rate at 2.75 percent looks like relief. For importers it works more like a tax. A 4-3 committee vote defied markets that had a hike more than 90% priced. The kiwi dollar dropped...
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Kiwi small firms are outselling four rich economies while still waiting to be paid
New Zealand's small businesses are selling again, and faster than their peers abroad. Sales rose 5.6% year-on-year in the September...
Ghosted jobseekers become tomorrow’s critics once the market turns
Employers have found a way to cope with the AI-driven flood of job applications. They have stopped replying. New Employment...
Auckland bought a $20m electric ferry before building anywhere to plug it in
Auckland Transport's first plug-in hybrid ferry, the $20 million, 300-passenger Waitematā 1, has been tracing slow, empty circles in the...
Goldsmith’s second radio discount lands with early voting already open
A steering group won’t build a single aged care bed
Aged care operators went to their annual conference wanting a price. They got a process. National's health spokesperson Simeon Brown...
