Stories by Gyles Beckford

A new survey has delivered some sour news to the Reserve Bank with inflation expectations rising to their highest level in more than 30 years.

Consumer prices rose 1.4 percent in the three months ended December, taking the annual inflation rate to 5.9 percent.

Rumours that the embattled specialty dairy company A2 Milk is being eyed as a possible takeover target is being credited with driving its shareprice more than 7 percent higher.

The dairy giant has has raised its forecast milk payout to farmers to a record level $8.40 and $9 per kilogram of milk solids.

The annual pace of rising house prices has started to decline for the first time since August last year, slipping to 28.4 percent Audio

The Reserve Bank has raised the official cash rate for the second time in two months to counter growing inflation pressures and signalled more rises next year.

Another interest rate rise from the Reserve Bank seems a foregone conclusion this Wednesday.

Napier Port has shaken aside the effects of Covid-related disruptions and fewer ship visits to post a record full year profit.

New Zealand-founded shoe maker Allbirds has had a strong debut on the US Nasdaq technology dominated stock exchange.

Inflation has hit its highest level in a decade as consumer prices rose 2.2 percent in the three months ended September, taking the annual rate to 4.9 percent.

Inflation is expected to hit its highest level in a decade when the latest data is released on Monday.

For the Reserve Bank this Wednesday, it could be second time lucky.

The Reserve Bank has left the official cash rate unchanged at a record low 0.25 percent because of uncertainty caused by the re-emergence of Covid-19 in the community and the subsequent lockdown.

The Reserve Bank looks set to deliver its first rise in the official cash rate in seven years on Wednesday.

The insurance industry is generally ill-prepared and, in some cases, ignorant and indifferent to improving its conduct and treatment of customers, according to the Financial Markets Authority. Audio

The Reserve Bank has held the official cash rate at a record low 0.25 percent, but has taken a significant step towards eventual rate rises.

Economists are warning the tide is turning on rock bottom interest rates, bringing with it the prospect of higher debt costs for households and businesses.

The Reserve Bank is to get another weapon to combat a hot housing market and the threat it may pose to the financial system.

Analysis - The central bank will likely hold its official cash rate steady, and leave other key policies unchanged, Business Editor Gyles Beckford writes.

The faster and stronger economic rebound from the Covid-19 pandemic is allowing the government to spend more and borrow less.

The Reserve Bank has held interest rates steady, and reaffirmed easy money policies through the bond buying and funding for lending programmes.

A 'steady as it goes' statement with a reaffirmation of easy monetary policies and an uncertain economic outlook are expected to be the key messages from the Reserve Bank in its regular policy and…

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