The average rate for a 15-year mortgage, popular with homeowners looking to refinance to a lower rate, also decreased.

Australia's and New Zealand's central banks have used different strategies to kill inflation. New Zealand's now in recession, ...

Statistics New Zealand released the Q4 Labour Force Survey this week, revealing that employment fell over the quarter and the ...

New Zealand releases its employment report on a quarterly basis and we’ll get a look at data for the fourth quarter 2024 ...

Trump has introduced trade tariffs on Mexico, Canada and China and there is a warning it could mean interest rates stay ...

As a result of these developments, Bank of America now forecasts the NZD to end the year at 0.62, revised from the previous ...

The NZD/USD pair may face pressure as the US Dollar (USD) extends its recovery, supported by rebounding US Treasury yields.

New Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession.

The Reserve Bank came out last week with Paul Conway’s speech saying neutral is 2.5% or 3% [for the OCR] so they are still ...

Suncorp Group has completed the sale of its life insurance business, Asteron Life, to Resolution Life Australasia for $410 ...

Asteron Life will also continue operating under its existing brand and remain open for new business – unlike some of the ...