Ella Somers

Prime Minister Christopher Luxon says the Government has a “deep commitment” to universal superannuation, but wants to find more political common ground before making any changes to the government-funded retirement payment.

The chief executive of Heartland Group Holdings says a decision has not yet been made on which bank's technology platform a combined Heartland-TSB would use, if the proposed merger goes ahead.

Despite affordability pressures, credit bureau Centrix says more people are taking on larger mortgages to get on the property ladder.

DairyNZ says the 2024/25 dairy season was one of the strongest financial years on record for dairy farmers but has warned the outlook for the current

The proposed takeover of TSB by Heartland Group Holdings will give the latter's Heartland Bank subsidiary a chance to compete in home loans, not just niche lending market segments, according to Forsyth Barr analysts.

The Commerce Commission has released a draft decision which outlines plans to cap interchange fees on Mastercard and Visa commercial credit cards.

New Zealand's largest bank is reporting a “strong” lift in card spending during May.

New lending dipped by close to $1 billion in the month of April but was still higher by almost $2 billion compared to the same period last year.

Energy Minister Simeon Brown says the Government is moving forward with its plans for a liquefied natural gas (LNG) import facility by progressing two potential providers to the Request for Proposal (RFP) stage.

New Zealand's gentailers, not consumers, need to pick up the bill for increasing electricity costs, according to Energy Minister Simeon Brown.