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 stocks end firmly as outlook brightens
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NZ stocks end firmly as outlook brightens

Improved, post-results season sentiment drove NZ stocks higher.

Jamie Gray 28 Nov 2025
The Warehouse Albany and Silverdale could be first in line for store revamp
Retail

The Warehouse Albany and Silverdale could be first in line for store revamp

The Warehouse’s Albany and Silverdale stores could be first in line to undergo an interior revamp, according to chief executive Mark Stirton, who gave an update to shareholders at the company’s annual meeting on Friday.The meeting covered everything from the company’s 2025 financ...

Staff reporters 28 Nov 2025
Westpac cops $3.64m penalty for lender responsibility breaches
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Westpac cops $3.64m penalty for lender responsibility breaches

Credit Contracts and Consumer Finance Act in focus again.

Andy Macdonald 28 Nov 2025
New Talisman in trading halt
Markets

New Talisman in trading halt

New Talisman Gold Mines has been placed in a trading halt because of its financial position.The mining company requested the halt, saying the board must meet “to consider the company’s current financial position and its strategic path forward”.“The board cannot reach a conclusion...

Ian Llewellyn 28 Nov 2025