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WEBDepartment store Myer will close the majority of its Sass & Bide boutiques, including its New Zealand store in Newmarket. Myer will close 10 Sass & Bide stores by October 6, leaving four Australian standalone stores open. A spokesperson for Myer would not say how many jobs would be affected by the Newmarket closure.
Will the RBNZ follow the Fed with a 50bp cut next month?
WEB1 day ago · WATCH: Jonathan Mitchell speaks with Kim Mundy. The RBNZ could bake in a chunkier 50 basis point cut next month, with further evidence of a subdued economy and the inflation retreat, economists say. Yesterday, Statistics New Zealand data showed the economy contracted 0.2% in the June quarter, following …
Economics - National Business Review
WEBSep 9, 2022 · Unemployment rises to 4.6%, March quarter revised up. Stats NZ data shows higher unemployment in the June quarter, as 'true picture' of economy revealed. Jonathan Mitchell Wed, 07 Aug 2024. Economics. 9.
Tech & Innovation - National Business Review
WEBAug 2, 2018 · HyperCinema mounts blitz on US market via football hall of fame. Auckland generative AI startup has wasted no time in taking its personalised content engine to the world's largest entertainment market. Will Mace Wed, 28 Aug 2024. Tech & Innovation. 1.
RMA reform should be completed in 2026
WEB1 day ago · RMA Reform Minister Chris Bishop. Brent Edwards Fri, 20 Sep 2024. The coalition Government has announced it will replace the Resource Management Act with two pieces of legislation to make the consenting process easier and faster. One bill will manage environmental effects arising from development while the other will be designed to …
Finance - National Business Review
WEBSep 2, 2024 · Kiwibank ready to beef up Big Four fight and improve competition. The bank reported a record profit of $202 million, with broad lending growth across the business. Jonathan Mitchell Thu, 22 Aug 2024. Finance. 3.
Politics - National Business Review
WEBACC proposes levy rate hike. ACC will still face a funding shortfall even with the proposed increases; public consultation on levy rates before Government decision. Brent Edwards Wed, 11 Sep 2024. Politics. 1.
High interest rates set to be around for longer - National Business …
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Inflation falls to 4.7%; domestic prices remain sticky
WEBJan 24, 2024 · What’s at stake: Whether the RBNZ needs to hike the official cash rate again in 2024 because of stubborn inflation pressures. Background: Stats NZ data out today showed annual inflation fell to 4.7% in the year to December. The central bank kept the OCR at 5.5%, as widely expected, in November.But it said it had a ‘willingness’ to hike again, if needed this year.
Rural confidence improves as inflation and interest rates fall
WEB4 days ago · Rabobank survey highlights greener pastures for the country's farming sector in positive territory since late 2021. Farm confidence improved to a net positive reading of +3%, from -25% in the previous survey. Farmers are the most upbeat they’ve been in nearly three years, as higher commodity prices and lower interest rates put the rural ...
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