New Zealand Market Report: The index closed at 11,118.92, up 74.48 points or 0.67% and gained 3.24% for the week after four successive days of rises. It was the best week of trading since early July last year.
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Reserve Bank to prepare and maintain a plan for dealing with every deposit taker in case it fails. This week's bi-annual Reserve Bank Financial Stability Report (FRS) highlights just what a slow burner the Deposit Takers Act (DTA) will be.
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First home buyers are being warned they may never be able to save a deposit for an average priced home.
A report shared exclusively with 1News predicts the average Auckland house price deposit will be $1 million by 2045.
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Kiwis have shared their regrets about buying their first home as the cost-of-living crisis continues to bite.
The regrets were sparked by a Reddit post titled "Anyone regret buying their first home?", which has seen over 230 people respond to it.
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Many Kiwis consider loans as they wish to make home renovations or purchase a car. While applying for a loan can be straightforward, this may not always be true considering your credit score. Our credit score can affect our financial life and leave us paying more.
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Metro Performance Glass Limited will release its results for the 6 months ended 30 September 2023 at 8:30am (NZDT) on Wednesday, 29 November 2023, followed by a briefing for investors, analysts and media at 10am (NZDT).
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South Port New Zealand’s 2023 net profit of $11.71 million, which was down 8.7% on 2022, was “a better result” than had been expected earlier this year, shareholders were told at the company’s annual meeting at Bluff.
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Costco 'definitely interested' in opening more NZ warehouses
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China’s economic slowdown is already weighing on farms across New Zealand, many of which will be making a loss as a result of higher input costs and interest rates. Global warming-related storms have battered much of the North Island in the past year, with a disproportionate effect on those who work the land. Now, a drought and emissions pricing loom, with some worrying they will have a devastating effect on rural communities.
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Cycling and walking advocates are dismayed the transport agency has stopped funding projects to encourage walking, cycling and using public transport.
Waka Kotahi said it was pressing pause on projects worth hundreds of millions of dollars, until it gets clear direction from the incoming government.
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Youthline Moves To 24/7 Counselling Service, With Support From ASB
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From Today FM to The Project, what’s going wrong for NZ media? There’s been the closure of Today FM, the canning of The Project, restructuring at all major news providers and a staggering report showing that MediaWorks faces an uncertain future. There are now even concerns that the cracks are starting to show in listener numbers for radio – a medium long viewed as the cockroach of media.
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Industrial Action To Begin At Fisher & Paykel Healthcare
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Opinion - Rachel Klaver: How talking about yourself can bring in more business. During the pandemic, many business owners accidentally nailed a part of their digital marketing that we often completely ignore.
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Opinion - David Hargreaves: Just as the Reserve Bank appears to be turning the inflation battle in its favour, here comes the double trouble of rampant immigration and a refreshed housing market
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