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New Zealand

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Average house price cracks $1m mark

AUCKLAND (CU)_During the three months to the end of October, the average house value in New Zealand cracked the $1 million mark,...

A financial expert’s advice to Kiwis spending millions of dollars in credit card costs each day

AUCKLAND (CU)_Last month, the Reserve Bank of New Zealand (RBNZ), published a report on credit card spending across the island nation, setting...

Has the runaway housing market finally peaked?

WELLINGTON (CU)_Over the past year, the housing market of New Zealand had remained resilient amid the COVID-19 pandemic, forcing ever more people...

Five questions about how self-isolation will work for travel

The ability to skip managed isolation and quarantine (MIQ) and isolate at home is key to reopening New Zealand to the world.

There is no silver bullet for surging house prices, central bank says

WELLINGTON (CU)_House prices have been soaring across New Zealand over the recent past, particularly on the back of ultra-low interest rates and...

A pledge to halve carbon emissions by 2030?

(CU)_Back in 2015, the government of New Zealand pledged to reduce its greenhouse gas emissions by 39 per cent below 2005 levels...

Price projections exceed four years ahead of schedule!

WELLINGTON (CU)_In its last fiscal forecast earlier this year, the New Zealand Treasury projected that over the next year, house prices would...

Kiwi wine company celebrates major free trade deal

SEDDON, Marlborough (CU)_Last week, New Zealand secured a major free trade deal with the United Kingdom, gaining a head-start in the post-Brexit...

Why is enforcement the second-best way of dealing with supplier-retailer issues?

WELLINGTON (CU)_Over the past few days, the Commerce Commission of New Zealand has been hosting a market-study conference into the $22 billion...

RBNZ avoids being accused of ‘crying wolf’

WELLINGTON (CU)_ For several months now, analysts have been anticipating an increase in the official cash rate (OCR) of the Reserve Bank...
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Must Read

Pectiv’s Nanotechnology-based Sanitary Pads gains global recognition

Mumbai, India (CU)_ MEA Business Awards recognized Pectiv, a rapidly developing e-commerce marketplace for unique sanitary pads, as the best innovative sanitary...
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Vir Biotechnology launches a new antibody research initiative to treat HIV and Malaria

California, USA (CU)_ Vir Biotechnology, Inc. revealed that it has teamed up with the Bill & Melinda Gates Foundation to make use...

We don’t care about how much coffee you have per week, non-bank mortgage lender says

AUCKLAND (CU)_As the Credit Contracts and Consumer Finance Act came into effect on 1 December, there has been widespread reluctance among banks...

Felix Biotechnology collaborates with AnimalBiome to treat pet diarrhea

California, USA (CU)_ Felix Biotechnology, Inc., a biotechnology firm specialized in the production of antibacterial medicines to address drug-resistant infections, has teamed...