Best of Business

Brent Lynn: Hawke's Bay Wine Growers say they are bouncing back and open for business

28 Mar 2023

Contributed by Lukas

A message to wine lovers; Hawke's Bay vineyards are bouncing back and open for business. Images of devastated wineries were widely circulated followin...

Eric Crampton: Economist says people have been moving to different ministries to get a pay increase, denigrating expertise

28 Mar 2023

Contributed by Lukas

Public servants jumping roles may have melted the Government's pay freeze. The policy that was introduced for high-paid public servants during the Cov...

Cameron Bagrie: independent economist suggests moving the financial goalposts to fight inflation

28 Mar 2023

Contributed by Lukas

An independent economist suggests moving the financial goalposts may help get inflation back on track. The current inflation target is between 1 and 3...

Brad Olsen: Economist on 60 percent of households will need to refinance their mortgages in the next year

27 Mar 2023

Contributed by Lukas

Over the next year or so around 60 percent of households will need to refinance their mortgages at higher rates. With 50 percent of the value of exist...

Ellen Dixon: Students advocate says student debt isn't talked about enough

27 Mar 2023

Contributed by Lukas

Students are calling for more education around the impact of student debt. Student loan living costs have increased by more than $100 a week over the ...

Ben Stewart: Jarden Global Equity Analyst on what ChatGPT will do to the workforce by 2030

27 Mar 2023

Contributed by Lukas

There are growing concerns ChatGPT is coming for white-collar jobs.  A global equity analyst has warned ChatGPT will take up one third of office role...

Fran O'Sullivan: NZME business commentator on Foreign Minister Nanaia Mahuta returning from China

27 Mar 2023

Contributed by Lukas

Foreign Minister Nanaia Mahuta has returned from her visit to China. Nanaia Mahuta used her meeting with China's foreign minister to raise concerns ab...

Graeme Muller: NZTech CEO discusses Amazon Group's Web Services deal with Govt to advance NZ's digital transformation

23 Mar 2023

Contributed by Lukas

Amazon Group's Web Services have signed a deal with the Government to supposedly advance our digital transformation. This includes the public service'...

Jodie Burnard: Flight Centre GM of Marketing says increasing airfares are pushing Gen Z, Millennials towards cruise ships

23 Mar 2023

Contributed by Lukas

A wave of Gen Zs and Millennials are setting their sights on cruise ships for their holiday of choice. Flight Centre says bookings for 18 to 30 year o...

Liam Dann: NZ Herald business editor on Reserve Bank chief economist warning increasing wages to counter inflation will make recession worse

23 Mar 2023

Contributed by Lukas

Chief economist Paul Conway has issued a warning as the Reserve Bank works to curb inflation. Paul Conway says New Zealand is at risk of a deeper rece...

Kelvin Davidson: Property expert on biggest housing sales slump in nearly 40 years

22 Mar 2023

Contributed by Lukas

From RNZ The housing market has gone quiet, triggering the biggest sales slump in nearly 40 years. CoreLogic NZ’s new Housing Chart Pack indicated ...

Diego Traglia: Real estate agent says now is a good time to buy a house with 25% drop in prices in two years

22 Mar 2023

Contributed by Lukas

There are currently favourable conditions for buyers in the housing market. CoreLogic figures show close to 61,000 properties were sold in the year to...

John Carnegie: Energy Resources Aotearoa says new report aims to inform debate around the role of gas in low-carbon future

21 Mar 2023

Contributed by Lukas

There's hope the Government will take note of a report warning a move from natural gas too early could be costly. A report by major energy and gas pla...

Len Houwers: Major Gas Users' spokesperson says hasty transition to renewable energy could create $7 billion in additional energy costs

21 Mar 2023

Contributed by Lukas

Warnings a hasty transition to renewable energy could be costly to New Zealand. Research commissioned by the energy sector, is recommending natural ga...

Lindsay Mitchell: Researcher says the Government shouldn't be taking credit for declining Jobseeker levels

21 Mar 2023

Contributed by Lukas

A welfare commenter claims the government shouldn't be taking credit for declining Jobseeker levels. Data from Social Development, comparing June 2020...

Murray Edridge: City Missioner says the cost of living continues to bite, even though more people are working

21 Mar 2023

Contributed by Lukas

Claims the cost of living continues to bite, even though more people are working. Ministry of Social Development data shows almost 25,000 fewer people...

Chris Wilkie: Otis co founder on New Zealand getting its first dedicated plant based milk facility

21 Mar 2023

Contributed by Lukas

Oat milk production is set to return to New Zealand shores. New Zealand firm Free Flow Manufacturing is establishing the country's first plant-based m...

Paul Bloxham: HSBC chief economist on New Zealand and Australia's Reserve Banks potentially pausing OCR hikes amid banking collapses

21 Mar 2023

Contributed by Lukas

New Zealand and Australia's Reserve Banks may be pausing the OCR hikes following recent financial meltdowns.  The collapse of Silicon Valley Bank and...

Pattrick Smellie: BusinessDesk managing editor on the Te Pūkenga budget bid being published online with no redactions

21 Mar 2023

Contributed by Lukas

More public embarrassment for polytech merger Te Pūkenga today after a budget bid was accidentally published online. The budget bid had no redaction...

Andrew Kelleher: JMI Wealth Director says Credit Suisse raises an important question of what might happen in similar situations

20 Mar 2023

Contributed by Lukas

Concerns among Credit Suisse shareholders in the wake of its purchase by main rival UBS. The $3.2-billion purchase has been driven by regulators, but ...

Rohan McCloskey: GoGenerosity CEO on world's first pay it forward Shopify app hitting the market

20 Mar 2023

Contributed by Lukas

The world's first pay it forward Shopify app has just hit the market. The app connects with a business’ Shopify sites and at the point of checkout c...

Catherine Field: Europe correspondent says it's a nervous day for European share markets after Credit Suisse purchase

20 Mar 2023

Contributed by Lukas

A nervous day for European share markets ahead of the first day of trading since the purchase of Credit Suisse. Markets started the day sharply lower,...

Greg Harford: Retail NZ CEO says they want Police to have more resources and tools to deal with retail crime

20 Mar 2023

Contributed by Lukas

The retail sector is hoping to sit down with the new Police Minister soon. Ginny Andersen is replacing Stuart Nash in the role, having only been sworn...

Fran O'Sullivan: NZME business commentator on Foreign Minister Nanaia Mahuta visiting China tomorrow

20 Mar 2023

Contributed by Lukas

Foreign Minister Nanaia Mahuta will travel to China on Tuesday for two days. This will be China's first visit from a Cabinet minister since 2019, and ...

Carrie Hurihanganui: Auckland Airport chief executive on Auckland Airport facing their biggest redevelopment in 57 years

19 Mar 2023

Contributed by Lukas

Auckland's domestic airport is facing their biggest redevelopment since the terminal opened 57 years ago. Plans have been signed off to merge the dome...

Liam Dann: NZ Herald Business Editor says if the next quarter is also negative, we could already be in a technical recession

15 Mar 2023

Contributed by Lukas

The economy has contracted slightly more than predicted by economists and the banks. Latest GDP figures from Stats NZ show a 0.6 percent decline in th...

Dr Bryce Wilkinson: NZ Initiative senior fellow on report labelling govt's monetary policy 'a mess' and blames government

15 Mar 2023

Contributed by Lukas

There is a feeling around the country that our monetary policy is a mess. And a new report by the NZ Initiative is putting all the blame on the Govern...

Aarnaud Daurat: Exxovantage founder on their wearable exosuit designed to help keep workers safer from injuries

15 Mar 2023

Contributed by Lukas

A Kiwi company is using exoskeleton technology to help businesses keep workers safer from workplace injuries. The wearable exosuit has built in sensor...

Nick Tuffley: ASB Chief Economist picks a 0.5% drop in GDP figures released today

15 Mar 2023

Contributed by Lukas

The New Zealand economy is shrinking, the only question is by how much. GDP figures due out this morning are expected to show the economy contracted i...

Miles Workman: ANZ Senior Economist predicts a 0.3% contraction in today's GDP figures

15 Mar 2023

Contributed by Lukas

The New Zealand economy is shrinking, the only question is by how much. GDP figures due out this morning are expected to show the economy contracted i...

Sam McIvor: Beef and Lamb CEO says farm profit is predicted to decrease by 31 percent from update before

15 Mar 2023

Contributed by Lukas

High inflation is hitting the back pockets of farmers. The Beef and Lamb New Zealand 2022 to 2023 Mid-Season Update says that farm profit is predicted...

Brad Olsen: Infometrics Principal Economist on what to expect from the fourth quarter GDP numbers

15 Mar 2023

Contributed by Lukas

The fourth quarter GDP figures are set to be released by Stats NZ tomorrow. After the third quarter's 2 percent growth, the Reserve Bank is forecastin...

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government deferring public consultation to define contractors vs employees

15 Mar 2023

Contributed by Lukas

Prime Minister Chris Hipkins announced Monday that a public consultation to clarify the difference between contractors employees would be deferred. Th...

Viv Beck: Heart of the City Chief Executive on Auckland's City Rail Link build needing more money and time

15 Mar 2023

Contributed by Lukas

Frustration over a blowout of Auckland's City Rail link build cost. It's asking for another billion dollars, half each from Auckland Council and the G...

Stuart Nash: Police Minister on what needs to be done in terms of retail crime, overnight ram-raids

14 Mar 2023

Contributed by Lukas

Police are investigating at least two burglaries in Auckland overnight - including at a large supermarket in the suburb of Lynfield. Officers were cal...

Rick Herd: Naylor Love CEO expects we'll see a continuing collapse of smaller building companies over next few months, years

14 Mar 2023

Contributed by Lukas

A top building boss says there are two fundamental issues with the construction industry and things need to change. Bayside Designer Homes is the late...

David Cunningham: Squirrel Mortgages CEO says an inquiry into banking probably wouldn't create much change

14 Mar 2023

Contributed by Lukas

An expert says a probe into banking may not be the fix for issues in the sector. Latest figures from KPMG show bank profits reached a record high $7.1...

John Tookey: Prof of Construction Management says cashflow issues are being blamed for building businesses falling over (1)

14 Mar 2023

Contributed by Lukas

Cashflow issues are being blamed for building businesses falling over. The country's construction crunch may start to snowball, with more building bus...

John Tookey: Prof of Construction Management says cashflow issues are being blamed for building businesses falling over

14 Mar 2023

Contributed by Lukas

Cashflow issues are being blamed for building businesses falling over. The country's construction crunch may start to snowball, with more building bus...

Amanda Singleton: Watercare Chief Customer Officer on Watercare confirming a 9.5 percent price increase for Auckland water bills

14 Mar 2023

Contributed by Lukas

Aucklanders will have to prepare to pay more for their water services in the coming months. Watercare has locked in a 9.5 percent price increase on th...

Pattrick Smellie: BusinessDesk managing editor on the upcoming Royal NZ Yacht Squadron meeting and projected losses

14 Mar 2023

Contributed by Lukas

The Royal New Zealand Yacht Squadron is projecting a trading loss of $1.6 million ahead of their next meeting. Thursday's meeting will "immediately" r...

John MacDonald: Labour knows people will take the money and run

13 Mar 2023

Contributed by Lukas

A billion dollars. That’s how much Prime Minister Chris Hipkins slashed from the Government’s spending plan yesterday. Not that it’s going strai...

Mike's Minute: Is Labour's cash bonanza economically smart? No. Is it Politically? Maybe

13 Mar 2023

Contributed by Lukas

Quick question around the cash bonanza yesterday - is it so blatant that it might actually work? An extra $300 million we don't have, just splashed al...

Yoland Swasbrook: Zero Latency NZ manager ahead of world's first virtual reality gaming facility is hitting Auckland CBD

13 Mar 2023

Contributed by Lukas

The world's first virtual reality gaming facility is hitting Auckland CBD this week. The 3rd generation version of VR tech is the first of it's kind w...

Michael Reddell: Former RBNZ economist says permanently lifting real level of welfare benefits is costing another $300 million

13 Mar 2023

Contributed by Lukas

A U-turn of sorts from the Government. About 1.4 million New Zealanders will be helped when increased main benefits, superannuation and student suppor...

Nicola Willis: National says Govt fixing own mistake by increasing superannuation, main benefits in line with inflation

13 Mar 2023

Contributed by Lukas

National says the Government is fixing its own mistake by increasing superannuation and main benefits in line with inflation. The change kicks in from...

Fran O'Sullivan: NZME business commentator on the speed limit reduction and clean car upgrade being scrapped

13 Mar 2023

Contributed by Lukas

Prime Minister Chris Hipkins has scrapped the nationwide speed limit reduction and clean car upgrade to support Kiwis. When paired with the scrapped T...

Glenn Milnes: ikeGPS CEO relived US Treasury stepping in after Silicon Valley Bank collapses

13 Mar 2023

Contributed by Lukas

Today has been a roller-coaster for Kiwi businesses tied to Silicon Valley Bank. RocketLab, Comvita, Xero, and ikeGPS were among the businesses who we...

Elise Kennedy: Jarden Director of Equity Research on Xero planning to cut up to 800 jobs

09 Mar 2023

Contributed by Lukas

Kiwi software accounting firm Xero has announced plans to cut up to 800 jobs to improve profits. Xero stated that these mass layoffs were needed to en...

Liam Dann: NZ Herald business editor on retail spending remaining steady throughout February

09 Mar 2023

Contributed by Lukas

Higher interest rates haven't stopped Kiwi shoppers from spending up a storm. Retail spending has remained steady at $6.6 billion in February 2023, wh...

Kerre Woodham: What do you define as a fair tax system?

08 Mar 2023

Contributed by Lukas

Let's talk tax. It is an election year, which means a number of key policies are coming under the spotlight. All the usual suspects - health, law an...

Louise Delaney: University lecturer says our tax polices need to change to fix intergenerational inequalities

08 Mar 2023

Contributed by Lukas

The author of the Newsroom piece, 'How to make New Zealand's Tax System Fairer?' says our tax policies need to change. This is especially if we want t...

Shelley Winkel: TEQ leader on Queensland trade roadshow coming to New Zealand

08 Mar 2023

Contributed by Lukas

Are people about to jump across the ditch? Dozens of Queensland Tourism representatives are taking a trade roadshow to New Zealand. The aim of the tri...

Charles Finny: Former trade negotiator says companies shouldn't rely completely on China

08 Mar 2023

Contributed by Lukas

A former trade negotiator says companies shouldn't rely completely on China. New briefings seen by our newsroom reveal the government is worried forei...

Simon Petersen: QV communications manager on report finding house prices are down, but not to pre-pandemic levels

08 Mar 2023

Contributed by Lukas

House prices are down, but still not to pre-pandemic levels, according to QV's latest report. It shows prices have fallen 12.6 percent in the last yea...

Brad Olsen: Infometrics Principal Economist on the number of jobs advertised on Seek increasing for second month in a row

08 Mar 2023

Contributed by Lukas

The number of jobs being advertised online continues to grow for another month. New Seek data shows the amount of jobs being advertised nationwide is ...

Sam Trethewey: Milford Asset Management Portfolio Manager predicts when the recession can be expected

08 Mar 2023

Contributed by Lukas

The predicted recession may be biting consumers in a matter of months.  Economists have been forecasting a recession to strike the New Zealand econom...

Jenee Tibshraeny: NZ Herald Wellington business editor on National requesting an inquiry into banking profits

08 Mar 2023

Contributed by Lukas

National's Nicola Willis is weighing in on the ongoing banking profit saga. The opposition's finance spokesperson is suggesting a select committee run...

Mike's Minute: We are shooting ourselves in the foot over the economy and inflation

07 Mar 2023

Contributed by Lukas

There is a key line in the latest ANZ Business Outlook survey that may well mean some of our predictions around inflation sadly come true. The line is...

Grant Robertson: Finance Minister says a large number of countries are expected to end up in recession

07 Mar 2023

Contributed by Lukas

The Government is confident it's on the right track to deliver, despite tough economic times ahead. Net debt is $3.5 billion less than expected, at $7...

Terry Williams-Willcock: Tech expert says community hubs could be the answer to black-outs during emergencies

07 Mar 2023

Contributed by Lukas

More technology hubs could help pave a way forward in addressing communication black-outs during large storms. Some New Zealanders were left in the lu...

Brad Olsen: Economist says Govt has to make a clear list of financial priorities and potentially scale back spending

07 Mar 2023

Contributed by Lukas

Government debt is lower than forecast, but financial pressures loom on the horizon. The Government's interim financial statement shows net debt is at...

Paul Bloxham: HSBC Chief Economist on Australia hiking their OCR up by a further 25 basis points

07 Mar 2023

Contributed by Lukas

The Australian Reserve Bank has increased the OCR by a further 25 basis points to 3.6 percent. This has been the 10th rate rise in a row, putting the ...

Paul Watson: Parrotdog Brewery managing director on potentially expanding into Auckland

07 Mar 2023

Contributed by Lukas

Wellington brewery Parrotdog is looking to expand into Auckland. The brewery is seeking up $4 million in capital raise to fund this brand expansion, a...

Jamie Farmer: Buy Kiwi director says they are New Zealand's answer to Amazon

06 Mar 2023

Contributed by Lukas

A new online company is calling itself New Zealand's answer to Amazon Launching today, Buy Kiwi will allow New Zealanders to buy from businesses betwe...

Sharon Cullwick: Property expert on survey finding 26% of landlords upped rent in the past six months

02 Mar 2023

Contributed by Lukas

A survey commissioned by the Government reveals that 26 percent of landlords upped the rent in the past six months. But it wasn't because they're gree...

Anne Casey: Marketing expert says tourists are now reprioritising after Covid

02 Mar 2023

Contributed by Lukas

The first Chinese tour group in three years, is about to touch down in Auckland. It will be the first to arrive since New Zealand was added to China's...

Nicola Willis: National Finance Spokesperson says they will reverse proposed 'app tax'

02 Mar 2023

Contributed by Lukas

National is pledging to reverse the Government's proposed "app tax", saying it's a major deviation from current tax rules. The Government says the rul...

Claire Matthews: Banking professor says inquiry into bank profits may not be a job for the Commerce Commission

02 Mar 2023

Contributed by Lukas

Calls for a banking sector market study are ramping up, after the Reserve Bank asked for one earlier this week. Bank profits have never been higher th...

Sam Dickie: Fisher Funds senior portfolio manager on the state of the US housing market

02 Mar 2023

Contributed by Lukas

Over in the US, the housing market looks like it's back on the rise. There's been a slight market slump, but new home sales have risen to a one year h...

Liam Dann: NZ Herald business editor on the return of Chinese consumers to New Zealand

02 Mar 2023

Contributed by Lukas

China is set to return to its economic powerhouse state after years of restrictions. Chinese consumers are out of lockdown and ready to spend, and thi...

Anthony Walker: S&P Global Ratings director on the economic costs of repairing Three Waters

02 Mar 2023

Contributed by Lukas

S&P Global Ratings warns that Kiwis are blind to the 'astronomical' costs of fixing Three Waters. A new report from the credit agency suggests tha...

Graeme Wright: Bluff oyster operator as 2023 season opens after a poor harvest last year

01 Mar 2023

Contributed by Lukas

The 2023 oyster season is upon us and boaties in Bluff couldn't be more excited. Last year the harvest levels weren't up to expectations, but this yea...

Genevieve Stevens: Agricultural analyst says there are big opportunities for the beef sector as China reopens

01 Mar 2023

Contributed by Lukas

Big opportunities for the beef sector as the reopening of China allows for more beef exports. Beef intake in China is expected to make a strong reboun...

Rebecca Ingram: Tourism Industry Aotearoa CEO on Better Work Action Plan aimed to boost tourism sector

01 Mar 2023

Contributed by Lukas

There are hopes the Government's new tourism action plan will help attract and retain a stable workforce. About 60 percent of tourism workers want to ...

Jenee Tibshraeny: NZ Herald Wellington business editor on bank profitability reaching eight year high

01 Mar 2023

Contributed by Lukas

Bank profitability hit an eight-year high in the December quarter when measured by net interest margin. According to Reserve Bank data, banks’ net i...

Kelvin Davidson: CoreLogic economist on largest monthly decline in house prices since October 2022

28 Feb 2023

Contributed by Lukas

Few are surprised to learn that house values have fallen again. This time, it's by one percent for February, the largest monthly decline since October...

Owen Vaughan: OneRoof editor on house prices dropping 11.5% since February last year

28 Feb 2023

Contributed by Lukas

New Zealand house prices have taken another heavy hit, down 11.5 per cent since February last year. The average property price is down $120,000 in the...

Pattrick Smellie: BusinessDesk editor on former MediaWorks CEO Cam Wallace joining Qantas

28 Feb 2023

Contributed by Lukas

Former MediaWorks CEO Cam Wallace will join Qantas as group chief executive of Qantas international and freight. His new job will pit him against form...

Michael Gordon: Westpac economist on borrowing costs being highest in a decade while sales now lowest since GFC

27 Feb 2023

Contributed by Lukas

Westpac's economic overview shows we are still weathering the storm. With high levels of inflation and consumer prices rising by 7.2 percent, househol...

Stuart Crosby: LGNZ President wants less centralisation in allocation of public spending

27 Feb 2023

Contributed by Lukas

A call for the local to be put back into local government. Local Government New Zealand President Stuart Crosby wants less centralisation in the alloc...

Chris Wilkinson: Retail director on sales down 4% in December of 2022 compared to previous years

27 Feb 2023

Contributed by Lukas

Retail sales were down 4 percent in the December quarter of 2022 compared to the previous year. Hardware, building and garden supplies were hit the ha...

Jon Ives: OneStaff Chief Executive on median wages for migrant workers increasing

27 Feb 2023

Contributed by Lukas

The median wage for migrant workers has increased further, sparking concerns. The Accredited Employer Work Visa kicked in today and sees workers paid ...

Naomi James: Channel Infrastructure CEO on New Zealand reaching peak petrol within the next two years

27 Feb 2023

Contributed by Lukas

New Zealand is likely to reach 'peak petrol' within the next two years, according to data from Channel Infrastructure. Diesel use is also set to remai...

Greg Foran: Air NZ CEO admits the airline isn't popular with all of its customers

23 Feb 2023

Contributed by Lukas

Air New Zealand boss Greg Foran admits the airline isn't popular with all of its customers. The national carrier has been under fire in recent months,...

Liam Dann: NZ Herald business editor on Kiwibank's strong half year profits and predicted second half

23 Feb 2023

Contributed by Lukas

Kiwibank's half-year profits rose by 53 percent to $98 million dollars with the help of strong lending growth. Kiwibank's CEO says these results will ...

Sophie Maloney: Sky chief executive on half year profits offsetting gains from more subscribers

23 Feb 2023

Contributed by Lukas

Television operator Sky is reporting decreasing half-year profits, as extra costs offset the gains from increased subscribers. The delayed releases of...

Greg Foran: Air New Zealand CEO on the company making $299m in half year profits

23 Feb 2023

Contributed by Lukas

Air New Zealand is recovering with a strong half-year profit of $299 million. The airline confirms that this growth was boosted by sustained demand an...

Heather du Plessis-Allan: We should be pleased Air NZ is profitable

23 Feb 2023

Contributed by Lukas

I'm gonna come to Air NZ’s defence. As expected, the airline just reported a decent profit of $213 million dollars, which is a whopper when...

Sue Tierney: Financial advisor explains how Official Cash Rate hike is going to impact your mortgage

22 Feb 2023

Contributed by Lukas

Questions have been asked as to what the impact of the Official Cash Rate hike is going to be on mortgages. The Reserve Bank lifted it by 50 basis poi...

Sally Feinson: TradeMe's marketing director on report showing $300 million in unused clothes nationwide

22 Feb 2023

Contributed by Lukas

New Zealanders could be hiding hundreds of dollars in their wardrobes. That's according to TradeMe's annual Circular Economy report, which shows Kiwis...

Adrian Orr: RBNZ Governor says there's no reason Cyclone Gabrielle should cause widespread national inflation

22 Feb 2023

Contributed by Lukas

Signs inflation is starting to ease, despite the impact of Cyclone Gabrielle. The Reserve Bank has opted to raise the Official Cash Rate by 50 basis p...

Tony Alexander: Economist says short-term interest rates should be able to ease next year

22 Feb 2023

Contributed by Lukas

There could be light at the end of the tunnel for those hoping for a reduction in interest rates. The Reserve Bank has raised the Official Cash Rate b...

Bridget Snelling: Xero country manager on figures showing small business sales flat compared to last Jan, agriculture worst hit

22 Feb 2023

Contributed by Lukas

The ongoing economic pressure Kiwis are facing is reflected in Xero's latest Small Business Index. Sales were flat last month compared to January 2022...

Toby Williams: Federated Farmers spokesperson says we've needed solutions for forestry slash for a long time

22 Feb 2023

Contributed by Lukas

Pressure on the Government to get an upcoming probe into forestry slash wrapped up as early as possible. Prime Minister Chris Hipkins is expected to a...

Kelvin Davidson: CoreLogic chief economist on report finding properties are now valued 7.8 times average household income

21 Feb 2023

Contributed by Lukas

Wellington City has overtaken Christchurch, as the country’s most affordable main centre to buy a house. But home ownership is still out of reach fo...

Gary Diack: Ravensdown CEO on committing to a Hawke's Bay rebuild despite flood damage to their plant

21 Feb 2023

Contributed by Lukas

Ravensdown is staying committed to Hawke's Bay and remaining a major employer in the region, despite flood damage to its plant. It's joining forestry ...

Sharon Zollner: ANZ economist says the market is pricing a 50-basis point rise to OCR

21 Feb 2023

Contributed by Lukas

Opinion is divided over whether the Reserve Bank is likely to hike the Official Cash Rate this afternoon. ANZ's Sharon Zollner told Mike Hosking the m...

Brad Olsen: Infometrics Principal Economist ahead of 50 point increase to OCR, up to 4.75 percent

21 Feb 2023

Contributed by Lukas

The latest Official Cash Rate announcement is coming later today and it's expected to lift 50 basis points to 4.75 per cent. That's much lower than th...

Chris Small: ABC Business Sales Managing Director on the sale price for an SME going up by 30 percent

21 Feb 2023

Contributed by Lukas

Small to medium business owners thinking of selling may be in luck. The average sale price for an SME business has increased by 30 percent over the la...