The credit rating outlook for the country’s main banks has been raised because of the strength of New Zealand’s economic recovery and management of the pandemic.

A KiwiSaver provider has heeded an industry-wide warning from the regulator to lower fees.

The Detail – Everyone has to pay their fair share of tax – but worldwide, the big tech multi-nationals have been getting away with paying far less than others. There are plans to change that.

The manufacturing sector continues to heat up, amid ongoing supply issues and skills shortages.

The report says money owed to the tax department was not yet known, and the report did not disclose the value of its assets because of commercial sensitivity.

Higher prices of food, fuel, and building and running a house were the main drivers of the increase.

More than $18 million has been earmarked to boost tourism infrastructure, with extra attention for the hardest-hit South Island regions.

Three major retail banks have increased their fixed home loan rates.

Community trusts have left $128 million on the table because of poor investment decisions, a report says, prompting calls for the government to look into their operations.

The era of ultra-cheap money looks to be coming to an end after yesterday’s Reserve Bank monetary statement.