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NZ sharemarket flat as Fed delivers mixed blessings for investors - Market close

The New Zealand sharemarket finished a quiet day flat, with Tourism Holdings going into a trading halt to finalise an expected earnings downgrade. The. ....

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Pāpāmoa East Interchange construction moves into final phase, expected to open mid-2026

The connection between Pāpāmoa East and State Highway 2 has entered its final construction phase. The start of the main construction phase of Pāpāmoa East. ....

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Bad mortgage debt expected to rise by 40 per cent by year's end

The pain of high interest rates and a sluggish economy are only expected to keep weighing on those with debt. Banks are bracing for the value of bad mortgage. ....

Reserve Bank , Financial Stability Report ,

"Gloomier than expected" unemployment figures point to economy cooling fast

While rising unemployment was expected and the topline figure of 4.3 per cent (from 4 per cent) was widely forecast, economists didn’t have to dig far below. ....

Deb Brunning , Shannon Nicoll , Stephen Toplis , Jarrod Kerr , Associate Economist ,

New two-lane Kahouri Stream bridge on SH43 ready to open to traffic

The new two-lane bridge over the Kahouri Stream on State Highway 43 east of Stratford has now been officially blessed by iwi and is expected to be open to. ....

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