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News
Yes, the Hong Kong of old is over
4+ hour, 5+ min ago (184+ words) Hong Kong deserves credit for putting up a fight. In the nearly two and a half years since I expressed the apparently controversial opinion that Hong Kong is “over,” the city’s boosters have orchestrated a determined campaign to prove otherwise....
When will the dam burst?
7+ hour, 54+ min ago (597+ words) Just over a week ago, we noted that pressure was building for some fixed home loan rate rises because we were watching swap rates starting to rise rather sharply. Although there has been little movement in retail rates in the…...
Another billion dollars over 30 years for DP World to run & develop Lyttelton Port?
1+ day, 4+ hour ago (1177+ words) Christchurch City Holdings Limited is currently weighing an unsolicited bid from Tōnui, a consortium of global port giant DP World and three Ngāi Tahu Rūnanga, to operate and develop Lyttelton Port. The rūnanga oppose further reclamation in Whakaraupō and their…...
Govt looking into ‘smarter and more cost-effective ways’ to insure infrastructure risks
1+ day, 4+ hour ago (484+ words) The Government wants to understand how exposed the country’s public infrastructure is to natural hazards by investigating “smarter and more cost-effective ways” for the Crown to insure infrastructure risks. Finance Minister Nicola Willis told interest.co.nz in a statement…...
Residential auction activity at a 3-year low as winter weather bites
1+ day, 7+ hour ago (214+ words) The barometer in the real estate auction rooms turned from chilly to frosty at the latest auctions, with the number of properties on offer sinking to a three year low. Just 199 residential properties were offered at the auctions monitored by…...
What happened Friday
1+ day, 21+ hour ago (566+ words) Here are the key things you need to know before you leave work today (or if you work from home, before you shutdown your laptop). MORTGAGE RATE CHANGES No changes to report today. All current mortgage rates are here. And…...
Brazil economic outlook and opportunities for New Zealand
2+ day, 4+ hour ago (765+ words) The following report provides a summary of economic opportunities in Brazil. The original is here. Inflation has eased from previous highs, allowing the Central Bank (BCB) to initiate and sustain a gradual monetary easing cycle (three consecutive 25-basis-point cuts). While…...
Daily NZX update, Friday, July 24, 2026
1+ day, 22+ hour ago (139+ words) Here are the key things you need to know about in the NZX markets over the past 24 hours. Changes are as at 3:00 pm and may change when the market closes at 4:45 pm. WHAT THE NZX 50 INDEX IS DOING The NZX50 looks…...
A seismic shift in cybersecurity with more sophisticated AI threats looming
2+ day, 3+ hour ago (884+ words) An autonomous agent powered by OpenAI’s advanced artificial intelligence (AI) models went rogue during a security test and hacked multi-billion dollar tech startup, Hugging Face, last week. The agent didn’t just exploit vulnerabilities in Hugging Face’s systems to achieve what…...
The more interesting number than the $60m government commitment to Fletcher Building's cement plant
2+ day, 4+ hour ago (462+ words) On Monday, the Government committed up to $60 million to keep New Zealand's only cement manufacturing plant open. The more interesting number is the one Fletcher Building had already put on closing it: up to $345 million. Industrial assets become liabilities at…...