Latest from ANZ Banking Group

Business confidence slumps again, profit outlook 'dire', says ANZ

The latest ANZ Business Outlook survey shows labour shortages are still the top concern.

ANZ hikes interest rates for second time in a month

The bank has put the changes down to a significant rise in wholesale rates.

Lights on, empty floors: Auckland's ghost towers

Empty floors in three key office towers make up 45 per cent of CBD vacancies.

'Another bloodbath': House prices slump again in May for sixth straight month

New data from REINZ shows house prices sank further in May.

Insurer to pay $180k for legal breaches connected to credit card-repayment insurance

The Financial Markets Authority says ruling sends message of responsibility to industry.

Lower kiwi dollar keeps export prices strong despite falls

The ANZ Commodity Index shows export prices rose in currency-adjusted terms.

ANZ: Residential construction sector 'deteriorating rapidly'

The ANZ Business Outlook survey shows inflation may be peaking but pressure still intense.

Market close: NZ shares slide again, down 16% for the year

The S&P/NZX 50 Index slipped from a strong morning of trading.

House prices in 'full retreat' as FOMO gives way to fear of overpaying

New REINZ data shows the housing market cooling faster than expected, economists say.

Third bank increases mortgage rates after cash rate rise

The Reserve Bank increased the OCR from 1 per cent to 1.5 per cent yesterday.

Liam Dann: OCR double hike signals Reserve Bank ready to move faster on inflation

RBNZ looks prepared to hike rates faster but not necessarily to a higher peak.

OCR: Reserve Bank delivers double rate hike

Interest rates are headed higher after the official cash rate was hiked this afternoon.

Profits under pressure: Dark clouds hanging over banking sector

December's quarter was a record but challenges are on the horizon.

Recession fear low, inflation fear 'off the charts' - ANZ survey

Residential construction feeling the pinch as building costs rise and house prices fall.

Liam Dann: Tougher economic year ahead? How dark will it get?

Are we emerging from the grip of Covid straight into a full-blown economic meltdown?

Inflation likely to add $150 a week to living costs - ASB

New reports from ASB and ANZ economists point to much tougher year ahead for economy.