News in Brief

News in Brief
ASB forecasting first OCR cut in August next year
Economy

ASB forecasting first OCR cut in August next year

A weaker-than-expected GPD result has brought forward the bank's predictions.

Staff reporters 20 Dec 2023
RNZ set to avert strike action
Media

RNZ set to avert strike action

Radio New Zealand looks set to avert strike action after holding positive pay talks with union staff.The public broadcaster is in discussions with about 230 members of the E tū and Public Service Association (PSA) unions over a new pay deal. Staff have asked for a 7% salary incre...

Daniel Dunkley 19 Dec 2023
Australian company buys NZ funeral businesses
Markets Free

Australian company buys NZ funeral businesses

Propel has the second-largest share of the funeral service market in NZ and Australia.