Business

Bank turns sights to kiwi

Reserve Bank of New Zealand dollar notes The Reserve Bank is putting its interest rate shot-gun away, probably till the end of the year.

Consumers under the pump

petrol pump Petrol prices could hit an all-time high if the New Zealand dollar continues its tumble, motorists have been warned.

When floating ends in sinking

LVR, interest rate, mortgage, money Experts are warning homeowners with major mortgage debts could "come unstuck" as interest rates move higher for the fourth time this year.

New regs mean changes

Work has begun on the giant Central Plains Water project that will eventually water 60,000ha of Canterbury farmland between the Rakaia and Waimakariri Rivers. As new regulations on the management of freshwater in NZ take hold, changes to farming are inevitable.

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