Interest rates war of words stokes markets

Interest rates war of words stokes markets
Rebecca Howard
Today will be all about the hot housing market and the central bank’s response to Finance Minister Grant Robertson’s bid to bring the situation under control.Robertson yesterday took markets by surprise when he announced he had written to RBNZ governor Adrian Orr, calling on him to take house price inflation into account when setting monetary policy.  The kiwi dollar touched 70 US cents overnight — the highest since June 2018 — as markets moved to price out the possibility of negative interest rates, something that...

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NZ sharemarket starts week up 0.6%
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NZ sharemarket starts week up 0.6%

The S&P/NZX 50 Index closed at 13,449.85, up 80.45 points or 0.6%.

Graham Skellern 24 Nov 2025
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Kiwi Property Group's interim profit lower as write-downs bite

The property company reiterates its full-year dividend views.

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Shares climb more than 14% on hopes of at least three or four new customers.  

Another solar farm gets the nod from Genesis
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Another solar farm gets the nod from Genesis

Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...

Ian Llewellyn 24 Nov 2025