New Zealand Dollar stories
The falling New Zealand dollar is pushing up holiday costs in Europe and the US, while travel to Asia becomes more affordable for Kiwi travellers.
Locate Technologies appoints Janine Grainger to its board as it plans to become New Zealand's first listed Bitcoin treasury firm on the NZX exchange.
Westcon's FY2025 revenue rose to NZD $818.7m, but net profit fell 24% to NZD $4.8m amid higher costs and lower software sales.
Borrowers face a slower economic recovery, with the Reserve Bank signalling room for further OCR cuts as tariff uncertainty clouds mortgage rates.
Bitcoin hits an all-time high against the NZD, nearing a similar historic landmark in USD, amid burgeoning global interest in the cryptosphere.
A weaker New Zealand dollar is helping lure North American buyers, with one investor already eyeing NZD $50 million for local businesses.
Mortgage rates may already be near their peak, but new borrowers still face tough affordability tests and repricing pressure for months.
Low rates, fiscal stimulus and reopening borders should support New Zealand property values in 2021, though office and retail risks remain.
Market turmoil has scuppered Centuria Capital’s NZD $180 million bid for Augusta Capital, sending the fund manager’s shares down 8.3 percent.
Economic worries are deepening as COVID-19 threatens recession, job losses and delayed launches across New Zealand's fintech sector.
Strong visitor growth and a chronic room shortage are keeping Auckland CBD hotel occupancy and rates high, with more demand ahead.
Higher truck operating costs, including fuel and road user charges, are set to feed through to shoppers as freight firms lift prices.
Tourism and local jobs are set to get a lift as Kaikoura rebuilds, with a NZD $30 million hotel approved after the quake.
Foreign capital now dominates New Zealand’s biggest commercial property deals, as domestic investment fell 77% to GBP £400 million in 2017.
Investors could help fund Auckland’s water and transport upgrades as the council weighs a first-of-its-kind Green Bond framework.
Record visitor numbers helped push hotel and motel consent values to GBP £490 million in the June 2017 year, Stats NZ says.
Charging networks and low running costs are helping New Zealand’s electric car uptake, as registrations hit a monthly record and sales broadened.
Kiwi investors face rising risks by focusing solely on local markets, as a 10% NZD drop boosts returns for those diversifying into global equities, especially US tech.
Midnight Murder Club on PS5 offers limited content and requires a PlayStation Plus subscription, making its NZD $34 price tag hard to justify.
Xero posts NZD $2.1bn revenue in FY25, up 23%, with net profit rising 30% and subscriber base growing 6% to 4.41 million users globally.