Consumer inflation increased on the back of higher petrol prices and rents in the past three months, but a gloomy economic outlook is likely to lead to cuts in interest rates.

China has had its weakest growth in 27 years as demand faltered and the US ratcheted up trade pressure, but retail and factory output showed signs of stabilisation.

Napier Port is seeking to raise up to $234 million in next month’s partial share float.

The Super Fund is effectively providing finance for the hotels projects, which will be developed by the other parties.

GDP will struggle to stay above 2 percent this year, BNZ’s senior economist says after the latest Performance of Services Index.

The sale of AMP’s New Zealand and Australia life insurance businesses to a British company may not go ahead in its current form after the Reserve Bank wielded its regulatory stick.

A group of investors in Ross Asset Management are suing the ANZ Bank, claiming it allowed the failed investment company to operate unlawfully.

Median house prices rose in most of the country last month – other than Auckland, Waikato and West Coast – but the number of residential properties sold fell.

Retirement village operators are being urged to get rid of the jargon from the agreements elderly sign when they move into care facilities.

What has France said?