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26 May 2019

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NZ dollar falls with Aussie after Westpac's RBA rate cut call
The New Zealand dollar fell in unison with its Australian counterpart against the greenback after Westpac forecast the Reserve Bank of Australia will cut interest rates three times this year.The kiwi was trading at 65.16 US cents...

Researchers urge New Zealanders to get vaccine to lower throat cancer rates
Researchers are urging New Zealanders to get immunised against a virus known as human papillomavirus (HPV) in a bid to significantly reduce the country's alarming throat cancer rates. They have found almost 90 per cent of throat...

Banks fight back against RBNZ capital increase proposal
Reserve Bank proposals to make banks hold more capital to guard against a financial crisis will slow economic growth and lift interest rates, according to the banks.

Auckland Council approves free kids' public transport at weekends
Auckland Council approved $39.5 million of new spending proposals in the next financial year, without proposing to raise rates, borrow more money or cut funding to other areas.Of that amount, $17.3m is capital expenditure and $22.2...

Short window left to lock in good interest rates on term deposits
General Finance is in the process of reviewing its interest rates for secured term deposits, in light of:

AFT narrows net loss, turns cash flow positive
AFT Pharmaceuticals posted a narrower annual loss as interest and other finance costs swamped operating earnings and says it's negotiating the refinancing of its debt at more favourable interest rates.The marketer of over-the-counter...

AFT narrows net loss, turns cash flow positive
AFT Pharmaceuticals posted a narrower annual loss as interest and other finance costs swamped operating earnings and says it’s negotiating the refinancing of its debt at more favourable interest rates

Headphones and smartphones causing alarming rates of hearing loss in New Zealand kids
Kiwi kids are suffering hearing loss at alarming rates as they spend hours listening to loud music on headphones.Some are even complaining of constant ringing in their ears, so bad it keeps them awake at night.It's sparked fears...

Westpac says RBNZ capital proposals would add $6,000 p.a. to an Auckland mortgage
Westpac says the Reserve Bank’s bank capital proposals will mean homeowners with an average mortgage in Auckland will be paying about $6,000 a year more in interest

Five lessons I’ve learnt from my first year of home ownership
OPINION: Be nice to neighbours and don't dwell on the interest.

Battle of the bands: Trade War song stirs anti-US sentiment in China
A Chinese propaganda song about the ongoing Sino-US trade war is getting a lot of interest - and raising a few eyebrows - on Chinese social media.

Auckland councillors adopt budget lifting average rates by 2.5 per cent
Councillors adopt major elements of budget absorbing $14m blowout on building fix and $12m public transport spike.

Cut to OCR may not be needed as house prices set to rise - Westpac
House prices may get a shot in the arm from current low interest rates and the government's decision to scrap any chance of a capital gains tax.

NZ dollar weaker on dovish RBA, softer dairy prices
The New Zealand dollar touched its lowest level since early November as signs of a rate cut across the Tasman increased the odds that local rates will go lower and as dairy prices eased.

Westpac sees rekindled house price inflation of 7%
Westpac is expecting house price inflation to take off again thanks to the government’s decision to scrap plans for a capital gains tax and falling mortgage rates