News in Brief

News in Brief
ANZ hikes deposit rates, hikes mortgage rates more
News in Brief

ANZ hikes deposit rates, hikes mortgage rates more

ANZ Bank is lifting its fixed-term mortgage rates by 45 basis points and most deposit rates by less.

Staff reporters 21 Oct 2021
Wake Up Call: the big two supermarkets under scrutiny
News in Brief Free

Wake Up Call: the big two supermarkets under scrutiny

The Commerce Commission begins public hearings today into New Zealand's supermarket sector and Foodstuffs and Woolworths' alleged excessive profits.

Staff reporters 21 Oct 2021
Market Close: Frothy A2 Milk extends gain
News in Brief market close

Market Close: Frothy A2 Milk extends gain

A2 Milk is up 19.4% so far this month.

Paul McBeth 20 Oct 2021
MIQ system investigated as being 'unfit' and 'unfair'
News in Brief

MIQ system investigated as being 'unfit' and 'unfair'

The chief ombudsman has decided to investigate the contentious MIQ voucher booking system, and wants to ensure the agency has a plan to adapt the system going forward.

Staff reporters 20 Oct 2021