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Retail spending up in November but retail outlook remains ‘cautious’
Stats NZ data showed card spending was up across all categories last month.
Stats NZ data showed card spending was up across all categories last month.
Some juicy term deposit offers are fake, NZ bank warns.
With a last hike for the year looking unlikely, what does the bank expect for 2024?
Westpac is cutting a range of its longer-term home loan rates.
Two big events made in the US, and one made in China, aim to ignite retail fortunes.
Westpac posts a respectable profit but prepares customers for tougher economic times.
High population growth is 'adding to demand', says Westpac's chief economist.
Economists are reassessing their interest rate outlooks after inflation data surprised.
Union confident talks made progress after strikes at bank, retailer.
NZ needs to look holistically at challenges.
A lagging pain from the sting of central bank hikes could start to set in.
Bigger wallet top-ups cheaper with open banking than using credit card, Apple or Google.
The big concern for New Zealand households is the pressure on their finances.
Strong exports, IT services, manufacturing helped drive growth in second quarter.
After two quarters of contraction, has the economy rebounded - and can it last?
"Unfortunately, this comes far too late as my family’s lives have already been destroyed."
It’s absolute negligence on the banks’ behalf and it’s an embarrassment internationally.'
Westpac is lifting its mortgage and term deposit rates from tomorrow.
Westpac has joined other NZ banks in offering loans for electric vehicles.
'In a lot of these cases you’re chasing shadows, but here there’s a genuine lead.'
Believe it or not, food prices took a dive, for a change, in July.
'They have to be very, very angry to go on strike,' union says of rare bank worker action.
In rare bank strike, workers will take a variety of midweek actions.
One bank is now testing at over 9 per cent.
How the economic slowdown is stretching household budgets.
Firms warned they can't rely on pre-pandemic tactics.
More banks have announced changes to their home loan rates.
Stocks up and Domino’s booms on new deal, cool inflation news.
Bank says it offers benefits but union says staff have 'backs against the wall'.