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ASB cutting home lending and term deposit rates

ASB today said it cut its two-year rate by 16 basis points from 7.05 per cent to 6.89 per cent. The bank’s three-year rate has dropped by 10 basis points. ....

New Zealand , Adam Boyd , New Year ,

Christchurch, Wycola Park fatal stabbing: Police launch homicide investigation

Police have launched a homicide investigation after a person has died in a fatal stabbing in Christchurch in the early hours of today. Emergency services. ....

Nicola Reeves , Wycola Park , Inspector Nicola Reeves , Hone St John ,

ELE group collapse: staff got redundancy, pay cut threat before receivership

ELE, which employed more than 1000 people fired on Wednesday , asked some staff to take pay cuts or redundancy just before receivers were appointed, a union. ....

New Zealand General , New Zealand , Brent Mulholland , Rob Campbell , First Union , Dennis Maga , Inland Revenue ,

Mini-Budget 2023: Finance Minister Nicola Willis lifts lid after HYEFU

Finance Minister Nicola Willis unveiled $7.47 billion in cuts and savings in her mini-Budget today, part of a drive to beat the books into shape as a gloomy. ....

New Zealand , Nicola Willis , Grant Robertson , Pae Tawhiti , Ministry Of Social Development , Finance Minister Nicola Willis , Half Year Economic , Fiscal Update , Social Development ,