Economy

But why are residents so upset by the temporary loss of their supermarket?

"It's still a long way from suggesting good times for the retail sector," ANZ's chief economist says.

US stocks have rallied on hopes that the world's two biggest economies might lower steep trade barriers.

The tech sector is New Zealand's third biggest source of exports behind meat and dairy, the prime minister said in London.

New Zealand will inevitably be pulled into the world's economic gloom to some extent, but we have some cushioning in place.

Meanwhile, the US President is optimistic that a trade deal with China could "substantially" cut tariffs.

In the first quarter house sellers reduced asking prices by a combined $63 million, a property website says.

"We are entering a new era as the global economic system that has operated for the last 80 years is being reset," its chief economist says.

The agricultural sector will likely carry the economy for a good part of this year, until lower interest rates filter through to boost spending and activity.

A $2 billion industry faces new rules to protect new parents - and it's pushing back.

The gaming industry is aiming for $1b in export revenue by 2028.

Gold prices are on a record-breaking streak as the US dollar continues to weaken against most major currencies.