Economy
Early Business News for 4 March 2024
Latest news from Radio New Zealand's business team. Audio
Midday Business News for 1 March 2024
The country's first open ocean salmon farm in the Cook Strait has been approved.
New Zealand King Salmon has been battling for years to shift farms into the colder waters to combat the effects of… Audio
Early Business News for 1 March 2024
Latest news from Radio New Zealand's business team. Audio
High interest rates remain a challenge from first-time buyers to investors
House buyers and sellers are taking their time and it's muting price increases.
Midday Business News for 29 February 2024
Channel Infrastructure, the former Marsden Point Refinery, has doubled its full-year profit, with its transition to a fuel storage terminal from oil processor almost complete.
Anan Zaki has the… Audio
Holding the OCR steady not a tough call - Reserve Bank Governor
Yesterday the Reserve Bank held its cash rate in its first monetary statement of the year.
The RBNZ took a softer tone with none of the threats of rate rises heard last November.
Instead, they… Audio
Early Business News for 29 February 2024
Latest news from Radio New Zealand's business team. Audio
'We were clearly wrong' - ANZ economist on OCR
Households and business will be paying high interest rates for longer, as a result of an unchanged OCR, Sharon Zollner says. Audio
Explainer: What's going on with interest rates?
Economist Bernard Hickey gives us an insight into what the Reserve Bank is thinking after the latest OCR announcement. Audio
Reserve Bank holds OCR at 5.5% despite concerns about inflation pressures
The Reserve Bank has again pumped the brakes on the official cash rate, holding it at 5.5% despite concerns about lingering inflation pressures. The central bank says OCR will need to stay at a… Audio
Reserve Bank holds Official Cash Rate at 5.5 percent
The Bank has warned inflation pressures are stubborn and rate cuts may be a while away.
Midday Business News for 28 February 2024
Telecommunications company Spark plans to invest for growth, as it copes with higher costs and weaker demand.
Anan Zaki has the business news. Audio
Mortgage holders nervously wait for Reserve Bank OCR announcement
The wait is nearly over for mortgage holders nervously wondering if they are in for another hike in interest rates.
The Reserve Bank will today announce whether it will lift the official cash rate… Audio
Early Business News for 28 February 2024
Latest news from Radio New Zealand's business team. Audio