![NZ no longer in recession, GDP result exceeds expectations](/pf/resources/images/placeholders/placeholder_l.png?d=791)
NZ no longer in recession, GDP result exceeds expectations
Strong exports, IT services, manufacturing helped drive growth in second quarter.
Strong exports, IT services, manufacturing helped drive growth in second quarter.
After two quarters of contraction, has the economy rebounded - and can it last?
Lower farmgate returns, shock milk price drop and rising costs bite bottom lines.
The chair of NZ's biggest bank reflected on the state of our economy on his 62nd birthday.
More banks have announced changes to their home loan rates.
ANZ Roy Morgan's consumer confidence survey this month was'"markedly up' on May.
KPMG sees banks continuing to make provisions for higher bad debts.
Are we there yet? 'Muddlling' economy a sign of colliding forces, bank says.
The nasty and costly scams have prompted a warning and some advice from ministers.
Experts believe interest rate hikes are working.
ANZ's CEO expects mega-profits to decline from here.
ANZ first half rise by 1 per cent to $1.1 billion.
ANZ-Roy Morgan's consumer confidence index is still "extremely low" this month.
'Business was already financially struggling with high overheads and staffing issues.'
Anne Gibson analyses latest house price data, mortgage rates and Fletcher downgrade.
Impact to wider economy marginal, but flooding means more disruption to supply chains.
The move comes in the wake of last week's official cash rate hike.
Hybrid working has become more of a permanent shift for some businesses.
The bank is keeping a close eye on rising interest rates and unemployment.
Consumers' desire for normality and strong property market boosted the bank.
Top bank CEO admits: "I've never lent a dollar in my life."
"We are well and truly in an environment of slower growth," says ASB's Nathaniel Keall.
Affected customers are urged to contact the bank if fees have been unfairly charged.
The Kiwi has headed up the Australian bank for seven years.
OPINION: 'NZ is perhaps the only market that is so dominated by overseas-owned banks.'
Kiwibank and Westpac have also announced plans for green business loans.
Fees one of the first barriers families face in deciding if they can register their child.