Inflation stories
Mortgage holders may welcome easing nationwide declines, but Wellington is still leading the slump, with Porirua posting the steepest falls.
Higher borrowing costs are pushing first-home buyers towards brokers as the Reserve Bank lifts the Official Cash Rate to 4.25%.
Higher interest rates are cooling New Zealand’s housing market, with sales down 34.7% and buyers hesitant despite more enquiries.
Further official rate rises are likely to keep mortgage costs high and delay any rebound in New Zealand’s housing market.
Farm sales have fallen sharply as higher costs, volatile weather and policy pressure weigh on rural confidence across New Zealand.
Higher rates and living costs are keeping sales subdued, even as more first-home buyers and bidders return to spring open homes.
Vacancies are at multi-year lows nationwide as booming logistics demand and tight land supply push industrial rents and values higher.
Rising costs, labour shortages and patchy demand are forcing trades firms to adapt fast as construction failures mount and projects stay funded.
Rising mortgage rates and inflation are still weighing on New Zealand property sales, though agents are seeing more first-home buyers returning.
Consumers are paying more at the pump after New Zealand lost its only refinery and became reliant on costly imported fuel.
The tax break leaves motorists with little relief while costing New Zealand more than GBP £500 million and delaying cleaner transport investment.
Sharply higher mortgage rates and refinancing demand are set to deepen New Zealand’s property slowdown, CoreLogic warns.
DoxAI welcomes Lisbeth Hadingham as new EVP North America, enhancing their growth strategy with her exceptional US experience in software start-ups.
Software provider Apptio appoints Mark West as Regional VP for Australia and New Zealand to help firms manage cloud costs and budget waste.
As inflationary pressures create a push and pull effect for cloud spending worldwide, end-users on public cloud services are forecast to grow 20.7%.
Corpay is a company that provides users with payment solutions and tools for payment automation, cross border payments, and commercial cards.
How can businesses navigate an economic downturn? Invest in compliance, marketing, R&D, and customer service, say experts.
Some 9 in 10 retailers (86%) are prepared for continued inflation, higher interest rates and potentially lower consumer spending, according to new research.
Rising inflation in Singapore is impacting cross-border trade and supply chains, creating uncertainty for businesses.
A change to government policy rather than an oversimplified approach of raising the cash rate will be needed to address the current bout of inflation.