Reserve Bank leaves official cash rate at 2.25%
The Reserve Bank (RBNZ) has held its benchmark official cash rate (OCR) unchanged at 2.25 percent, saying it needs to get inflation under control, but does not want to upset the economic rebound.
Business
2500 apply for one customer service job
2500 apply for one customer service job
Oppo managing director Morgan Halim would usually consider 500 a high number of applicants for a job ad.
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Time to hand over the heavy-duty stapler
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Time to hand over the heavy-duty stapler
From the swanky seats at Forsyth Barr Stadium to an imitation breeding horse, Dunedin upholsterer Peter Williamson reckons it is time for a rest.
What's going on with the price of chocolate?
What's going on with the price of chocolate?
You weren't imagining it - Valentine's Day chocolate probably was more expensive this year.
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Mad Butcher store closing due to lack of suitable site
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Mad Butcher store closing due to lack of suitable site
Dunedin's Mad Butcher store is to close after a fruitless year-long hunt for new premises.
Housing market 'a tale of two islands'
Housing market 'a tale of two islands'
New Zealand's housing market is a "tale of two islands", one economist says.
'Tough decision': Petrol station makes way for parks at supermarket
'Tough decision': Petrol station makes way for parks at supermarket
A busy Christchurch supermarket is closing its on-site fuel station to create more car parks.
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New drink tablets avoid use of plastics
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New drink tablets avoid use of plastics
Plastic-free drink tablets are the latest business venture by Canterbury environmentalist-entrepreneur Brianne West.
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Power supplies in ‘good position’
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Power supplies in ‘good position’
A top power company executive says the country is in a good position supply-wise heading into the year.
Migrant workers must be protected: Hipkins
Migrant workers must be protected: Hipkins
National must ensure stronger protections for migrant workers in a trade deal with India before it agrees to it, Labour says.
Rubber warning prompts Milo bars recall
Rubber warning prompts Milo bars recall
A recall has been issued for imported Nestlé-brand Milo Dipped Snack Bars as they may contain rubber.
Growth from ‘incredible’ word of mouth
Growth from ‘incredible’ word of mouth
Christchurch-based AI start-up Contented plans to more than quadruple its customer base and revenue by the end of the year on the back of a successful capital raise of $4.1 million.
Johnson & Johnson liable for cancer in latest talc trial
Johnson & Johnson liable for cancer in latest talc trial
A US jury has awarded a hefty sum to the family of a woman who sued Johnson & Johnson alleging its talc-based baby powder was to blame for her ovarian cancer.
Tourist numbers back to pre-pandemic levels thanks to Aussie surge
Tourist numbers back to pre-pandemic levels thanks to Aussie surge
Tourist arrivals topped 3.5 million for the first time since the Covid-19 pandemic, driven by a surge in Australian visitors.
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Little pub proves popular Field Days attraction
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Little pub proves popular Field Days attraction
Forget fairies at the bottom of the garden - how about a pub?
Wet summer keeps hydro lakes full
Wet summer keeps hydro lakes full
A wet summer has kept Meridian's hydro storage lakes topped up, which could help keep power prices in check down the track.
Sky TV issues refund, apology after notification error
Sky TV issues refund, apology after notification error
Sky TV is apologising for what it says is a processing error that meant some Sky Sport Now annual pass customers were not given enough information about their contracts rolling over.
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End of ‘good journey’ for Honda dealer
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End of ‘good journey’ for Honda dealer
It has been a relationship that has endured longer than many marriages.
Wool from S. Africa helps meet demand
Wool from S. Africa helps meet demand
The New Zealand Merino Company (NZM) is sourcing fine wool from a pool of 200 South African suppliers to keep up with strong demand from big brands.
Reserve Bank review was originally due to be finished by March
Reserve Bank review was originally due to be finished by March
A review into the Reserve Bank's monetary policy decisions during the Covid-19 pandemic was originally intended to be completed by March.