Subscribe today - find out more
Why you should consider BusinessDesk

ANZ hikes mortgage rates ahead of MPS

Staff reporters
Tue, 17 Aug 2021

ANZ Bank New Zealand isn't waiting for tomorrow's monetary policy statement and has hiked its mortgage rates for one year and beyond by 10-to-30 basis points and its "special" rates a year and beyond by 10 to 15bp.ANZ's economists are predicting the Reserve Bank will lift the official cash rate by 25 basis points to 0.5%, the first hike since 2014. The four hikes that year were reversed the following year, but the economists say this time is different because in 2014 it was expecting inflation and employment to rise b...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Arvida's $345m purchase a sharp deal with development opportunities
Jenny Ruth | Tue, 19 Oct 2021

Arvida is raising more capital than it needed to complete the Arena transaction.

Auckland to stay in level 3 lockdown until Nov 1
Ian Llewellyn | Mon, 18 Oct 2021

PM Ardern says it is hard but Auckland must remain in alert level 3 until vaccination rates get up.

Technology FREE
Partner Content: The pros and cons of going solo on security
Spark | Mon, 18 Oct 2021

Cybersecurity is not an option, but how your business finds the right tools for the job is.

Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.

Getting the health and safety of remote workers right

With many staff working alone or in isolated situations, workplace health and safety is an operational priority. Here is how your business can protect remote workers.