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Economy

Bank predicts OCR may hit 2.25% by Christmas

Bank predicts OCR may hit 2.25% by Christmas

The bank's chief economist said the Reserve Bank must "hit the gas harder" to revive momentum after the June quarter GDP slump.

New Zealand

6:00am

A domestically-built missile "Khaibar-buster," and banners showing portraits of the Iranian Supreme Leader Ayatollah Ali Khamenei.ā

UN reimposes 'snapback' sanctions on Iran over nuclear programme

The sanctions will again freeze Iranian assets abroad, halt arms deals with Tehran, and penalise any development of Iran’s ballistic missile program, among other measures.

World

Sunday 7:30pm

Sean Nugent is leaving London (and Glasgow) for Sydney. (Composite image: Vinay Ranchhod 1News)

Goodbye London, hello Sydney: why the UK didn't live up to my OE dreams

I gave London a decent crack but the UK cost-of-living is so high that I'm leaving for Sydney and not looking back.

Life

Sunday 6:00am

Fans arrive at Eden Park on 6 September, 2025, to see the All Blacks play the Springboks.

Eden Park concerts can become bigger money spinners for Akl - report

The stadium's planning rules allow just 12 concerts a year, but the rules are more flexible for sports.

Business

Thu, Sep 25

Incoming Reserve Bank Governor Dr Anna Breman.

Analysis: New Reserve Bank boss needs to rebuild trust

The new Reserve Bank boss has a heck of a job on her hands, writes 1News business correspondent Jason Walls.

Business

Wed, Sep 24

Bank predicts OCR may hit 2.25% by Christmas

Bank predicts OCR may hit 2.25% by Christmas

The bank's chief economist said the Reserve Bank must "hit the gas harder" to revive momentum after the June quarter GDP slump.

New Zealand

6:00am

A domestically-built missile "Khaibar-buster," and banners showing portraits of the Iranian Supreme Leader Ayatollah Ali Khamenei.ā

UN reimposes 'snapback' sanctions on Iran over nuclear programme

The sanctions will again freeze Iranian assets abroad, halt arms deals with Tehran, and penalise any development of Iran’s ballistic missile program, among other measures.

World

Sunday 7:30pm

Sean Nugent is leaving London (and Glasgow) for Sydney. (Composite image: Vinay Ranchhod 1News)

Goodbye London, hello Sydney: why the UK didn't live up to my OE dreams

I gave London a decent crack but the UK cost-of-living is so high that I'm leaving for Sydney and not looking back.

Life

Sunday 6:00am

Fans arrive at Eden Park on 6 September, 2025, to see the All Blacks play the Springboks.

Eden Park concerts can become bigger money spinners for Akl - report

The stadium's planning rules allow just 12 concerts a year, but the rules are more flexible for sports.

Business

Thu, Sep 25

Incoming Reserve Bank Governor Dr Anna Breman.

Analysis: New Reserve Bank boss needs to rebuild trust

The new Reserve Bank boss has a heck of a job on her hands, writes 1News business correspondent Jason Walls.

Business

Wed, Sep 24

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Incoming Reserve Bank Governor Dr Anna Breman.

New Reserve Bank Governor announced

It comes after a period of turmoil for the Reserve Bank that saw former Governor Adrian Orr and former chairman Neil Quigley resign.

Business

Wed, Sep 24

Commerce and Consumer Affairs Minister Scott Simpson announced the ban in July.

Businesses urge Government to rethink ban on PayWave transaction fees

Thirty-five chambers of commerce have banded together to urge the Government to drop the proposed ban on PayWave transaction surcharges.

Business

Wed, Sep 24

The flat housing market, share market volatility, and global uncertainty had Kiwi investors feeling pessimistic.

Luxon optimistic about investor confidence despite GDP, survey results

The flat housing market, share market volatility, and global uncertainty had Kiwi investors feeling pessimistic, a new ASB survey suggested.

Business

Mon, Sep 22

The morning's headlines in 90 seconds, including Liam Lawson’s best result, recognition for a Palestinian state, and the best view of today’s partial solar eclipse.

News in 90 Seconds September 22

The morning's headlines in 90 seconds, including Liam Lawson’s best result, recognition for a Palestinian state, and the best view of today’s partial solar eclipse

New Zealand

Mon, Sep 22

Eves Valley Sawmill management shut their plant near Nelson with the loss of 142 jobs. Photo: RNZ / Samantha Gee

Floods, closures and job losses rock Nelson's economy

The region is reeling from devastating floods, the closure of its largest sawmill and the potential loss of more than 100 additional jobs across the manufacturing sector.

Business

Sun, Sep 21

Christopher Luxon at Air NZ on September 19

Luxon 'absolutely' backs Willis as finance minister amid GDP slump

Christopher Luxon said calls for Nicola Willis to resign were "absolute rubbish" and had told the minister she had his full backing.

Business

Fri, Sep 19

Retirees may be costing themselves thousands of dollars by switching to too-conservative investments too early.

The KiwiSaver choice that could cost retirees almost $30,000

Retirees may be costing themselves thousands of dollars by switching to too-conservative investments too early.

Business

Fri, Sep 19

Cutting the OCR  more than earlier expected  could bring down home loan rates.

What does shrinking GDP mean for your home loan rate?

New Zealand's economy being in worse shape than expected may mean more interest rate cuts.

New Zealand

Thu, Sep 18

Hayley Gourley. (Source: RBNZ)

New appointment to Reserve Bank's Monetary Policy Committee

The MPC is the independent decision-making body that is responsible for setting the official cash rate.

Business

Thu, Sep 18

Property sales dropped last month.

House sale 'blip' in August, Cotality says

Property sales numbers dropped 5% in August compared to the same time last year - but housing market data firm Cotality said it was likely the fall was a "blip" rather than the start of another downturn in sales.

New Zealand

Thu, Sep 18

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Construction dropped 1.8% in the quarter, following a 1.2% increase in the March quarter.

GDP falls 0.9% in June quarter

According to Stats NZ, activity decreased across two out of three high-level industry groups during the June quarter.

Business

Thu, Sep 18

Should a woman automatically get half a partner's KiwiSaver if they separate?

Should a woman automatically get half a partner's KiwiSaver if they separate?

On average, women have KiwiSaver balances that are 25% smaller than men's but the gap is 37% for people aged 56 to 65.

Business

Wed, Sep 17

Underfunded retirees a looming crisis, but we should boost Super Fund, not KiwiSaver

Underfunded retirees a looming crisis, but we should boost Super Fund, not KiwiSaver

OPINION: NZ First wants a compulsory KiwiSaver. Boosting the Super Fund is a better bet, says economist.

New Zealand

Wed, Sep 17

Milk, cheese, and butter once again drive increase in food prices

Milk, cheese, and butter once again drive increase in food prices

Food prices increased 5% in the 12 months to August, the same increase as the 12 months to July.

Business

Tue, Sep 16

ANZ signage in Sydney

Major Australian bank hit with huge penalty for 'widespread misconduct'

The penalties are the largest announced by Australian financial services watchdog ASIC against one entity.

World

Mon, Sep 15

Banks expect economy shrank for second quarter of year

Banks expect economy shrank for second quarter of year

Three out of five bank economists forecast a deeper contraction than the Reserve Bank's expectation, with the official data to be released on Thursday.

Business

Mon, Sep 15

Seven side hustles that really earn cash in 2025 (and three to avoid)

Seven side hustles that really earn cash in 2025 (and three to avoid)

Many of us would like to supplement our income with a part-time gig, but which ones pay and which waste your time?

Life

Mon, Sep 15

Max, Henry, Catherine and Avo (Composite image: Vania Chandrawidjaja)

What a household of one couple and two sets of siblings spends on groceries

When two families and two cultures come together in one apartment, the eating can be pretty good.

Life

Sat, Sep 13

'We need to stop the bleeding': The homeowners who bought in a market high

'We need to stop the bleeding': The homeowners who bought in a market high

The latest property data shows average home values in the capital have dropped by as much as 30%, since the heights of January 2022.

Business

Fri, Sep 12

1News Pacific correspondent Barbara Dreaver is in Honiara for the Pacific Islands Forum.

Pacific's top issues on agenda at leaders-only retreat

With a climate resilience fund and a high-level agreement on regional peace in the bag, Pacific leaders will finish up multi-day talks at a private retreat.

Environment

Thu, Sep 11

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