Economy

NZ shares up, led by Kathmandu Holdings

The NZX50 Index gained 34.76 points, or 0.4 per cent.

Auckland, New Zealand - January 11, 2014: New Homes on January 11, 2014. House prices are booming around New Zealand - with the average price of an Auckland city home rocketing to $735,692.

Auckland's median house price falls to 16 month low

The 3.2 per cent drop will provide some relief for would-be house buyers.

00:42
Liz Dudson says some New Zealanders  are paying $2000 a year in credit card interest.

Kiwis lax attitude to credit card debt highlighted in study

Financial advisor Liz Dudson says too much debt "limits your choices".

'Pretty decent' economic growth predicted but uncertainty around housing market

ASB has weighed the policy changes the government is planning

A mixture of New Zealand Bank notes and coins.

NZ dollar heads for 0.5pc weekly gain

The kiwi got a lift from the Reserve Bank's new forecast track for the official cash rate.

02:14
Jacinda Ardern says negotiations are going "down to the wire" as APEC begins in Vietnam.

'Great uncertainty' surrounds TPP 11 after one country holds up agreement being signed

Trade Minister David Parker says NZ is satisfied with the deal - but one country is still holding out.

01:47
She has just arrived at APEC and talks are expected to run into the night.

TPP 11 coming 'down to the wire' says Prime Minister Jacinda Ardern amid reports deal agreed

The TPP 11 would be NZ's largest multi-lateral free trade agreement.

OCR remains unchanged at 1.75 per cent

It expected any effects from increasing the minimum were likely to be modest.

02:02

Homeowners could see mortgage rates change under Reserve Bank shake-up

It's the biggest overhaul of Reserve Bank rules in nearly 30 years.

Vector first corporate business accredited as living wage employer

It is committing to paying at least $20.20 an hour to all workers.

Reserve Bank expected to leave OCR unchanged after mulling range of risks

ANZ economists say there is more political clarity, but still plenty of uncertainty.

07:26
HSBC Chief Economist Paul Bloxham says the bulk of the housing market problems in New Zealand has been led by Kiwis not foreigners.

New Zealand housing crisis a 'domestic story' not a foreign buyer made problem - economist

HSBC Chief Economist Paul Bloxham says the bulk of the housing market problems in New Zealand has been led by Kiwis not foreigners.

New Zealand currency fifty dollar note money

Kiwi dollar up on talk of Trump's new Fed chair

Investors will be watching for any tax announcements from Mr Trump.

Here are just a few policies the parties have on how they would structure the economy in New Zealand.

NZ economic prospects stable says Moody's

The rating agency has retained its stable outlook for New Zealand's banking system.

01:57
Ms Ardern hopes to renegotiate areas to allow NZ to ban foreign buyers, but a Japanese foreign official says any move to renegotiate the deal could be the end of it.

TPP negotiations about balancing NZ housing crisis and interests of exporters, PM says

A Japanese foreign official says moves to renegotiate the TPP deal could end it.

New Zealand currency fifty dollar note money

Kiwi dollar falls on Finance Minister's RBNZ comments

Meanwhile, offshore, the announcement of the new Federal Reserve chair is keenly awaited.

Cash, New Zealand currency

Rising living costs hurt the poor more than the rich, Stats NZ reveal

Rising costs for essentials has the poor struggling even more.

01:21
The Labour-led government plans to increase the minimum wage to $20 an hour by 2020.

Ardern considers tax cut for small businesses to offset $20 minimum wage

"I accept small businesses in particular are going to be concerned about this," the PM-elect said today.

01:51
Three decades since 1987's Black Monday, lessons from one of the world's darkest economic days being used to teach trainee traders.

Simulation trading floor unveiled at Christchurch uni, 30 years after 1987 crash

University of Canterbury students will be learning from the mistakes of the past.

02:05
The cheapest 500g block was $3.32 12 months ago, now it's $5.39.

Why has butter got so expensive in New Zealand?

The cheapest 500g block was $3.32 12 months ago, now it's $5.39.

01:07
The National Party leader says the move by Labour to U-turn on its tax plan will not hurt his party.

Watch: 'Labour has expensive promises' – Bill English says 'real test' for Labour is actually income tax

Labour announced no form of capital gains tax will be implemented after this election.

00:55
The Labour leader says her party is balancing "the need for urgency" and giving Kiwis certainty they're asking for.

Watch: 'My call' - Jacinda Ardern takes responsibility for pulling the plug on tax plan

Labour leader does massive flip-flop over concerns they're losing votes over tax clarity.

01:58
According to the Commerce Commission, 42 per cent of complaints made under the Fair Trading Act related to online spending.

Viagogo, LuxStyle Aps, Trade Me and Deal Man top list of most complained about online retailers by Kiwi shoppers

In the 2016/2017 year, 42 per cent of complaints were about being misled were related to online shopping.

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