Economy

In the first quarter house sellers reduced asking prices by a combined $63 million, a property website says.

"We are entering a new era as the global economic system that has operated for the last 80 years is being reset," its chief economist says.

The agricultural sector will likely carry the economy for a good part of this year, until lower interest rates filter through to boost spending and activity.

A $2 billion industry faces new rules to protect new parents - and it's pushing back.

The gaming industry is aiming for $1b in export revenue by 2028.

Gold prices are on a record-breaking streak as the US dollar continues to weaken against most major currencies.

Beijing will this week convene an informal United Nations Security Council meeting to accuse Washington of bullying.

Global share markets have been shaken by new US tariffs - but some New Zealand companies have been particularly hard hit.

The country has grown by roughly two Hamiltons since 2018 - so what does that mean for the house market?

New Zealand home loan rates might be falling, but how do they compare to those of the rest of the world?

The result is the third straight year with no dividend payment to shareholders.

Up to 74 jobs are on the block, about 17 percent of the institute's staff.

Prices rose a little more than expected - is that likely to stop rate cuts?