Stories by Gyles Beckford

The Supreme Court has rejected the appeal of the four directors of the collapsed construction firm Mainzeal, with $39.8m in damages, plus interest, awarded against them for breaching the Companies…

The Reserve Bank has left the cash rate unchanged, as expected, and reaffirmed rates will stay high well into next year.

Economists are unanimous in expecting no change to the official cash rate this week, but some believe inflation will be stickier than expected and by year's end, another rate rise will be needed.

Inflation has fallen to its lowest level since late 2021, with Stats NZ reporting the annual rate dropping to 6 percent.

奥克兰市议会日前决定出售其持有的部分奥克兰机场股票，这一举动能缓解市议会的财政压力吗？

The Reserve Bank has left its benchmark official cash rate unchanged at 5.5 percent, as expected.

Auckland Council has voted to sell 7 percent of its shares in Auckland Airport to reduce its debt and limit rate rises. So what happens now? RNZ has all you need to know.

More government spending outlined in the Budget and a surge in migrants makes the Reserve Bank's monetary policy statement a more close-run decision.

The government is banking on a lift in migration, tourism, and cyclone recovery to take the edge off as it forecasts hefty deficits for the next two years.

Consumer prices rose 1.2 percent in the first three months of the year, driven by food and housing costs, but the annual inflation rate fell to 6.7 percent, well below expectations.

The Reserve Bank is set to deliver another rise in the official cash rate but the end to the aggressive series of interest rate hikes may be in sight.

The union representing bank workers wants a levy on excess profits in the sector as well as a broader inquiry.

New Zealand's economy contracted more than expected in the December quarter, with GDP falling 0.6 percent.

Collective profits for the sector were $7.18 billion for the year ended December, as pressure grows for an inquiry into the level of profits banks are making.

Reserve Bank Governor Adrian Orr has made a monetary policy statement after hiking the official cash rate (OCR) for the 10th consecutive time since 2021.

Further short-term relief measures to help those hit by floods and the cyclone will be announced soon, the Minister of Finance says.

More than 8000 claims have been sent to Vero and AA Insurance by flood victims so far.

The unemployment rate rose to 3.4 percent in the final quarter of 2022 and job growth over the three months was modest.

Inflation has remained stubbornly close to multi-decade highs as cheaper fuel only partly offset rises in food, household, and building costs. Audio

Inflation may have peaked, but hefty rate rises and economic recession still loom large on the horizon.

The Reserve Bank has raised the Official Cash Rate by 75 basis points to 4.25 percent in its efforts to combat rising inflation.

The Prime Minister is to meet Chinese President Xi Jinping in coming days with a promise to discuss the issues that divide the New Zealand and China as well as their common ground.

An agreement to allow the import of Vietnamese limes after years of difficulty because of biosecurity fears looks to be a wedge in a trade door this summer.

A mid-evening fruit-picking expedition has ended the Prime Minister's first day in Vietnam after a helter-skelter programme of top-level meetings and pomp and ceremony.

The prime minister is supporting a call for action over Myanmar during a regional security summit in Cambodia.