9+ hour, 28+ min ago   (708+ words) Last week, concern exploded across the world over the the speed of AI advancement and its potentially detrimental impact on humanity. This came after a former Anthropic employee Jacob Coxon let loose on X, accusing Open AI and Anthropic of…...

10+ hour, 59+ min ago   (308+ words) Interest.co.nz Here are the key changes to know about in the New Zealand equity market; NZX 50 rises +0.5% as a2 Milk, Summerset, Napier Port and Sanford gain while Briscoes, Oceania, Vital Healthcare and Serko fall Here are the key things…...

14+ hour, 21+ min ago   (628+ words) Despite the Reserve Bank wanting them to, banks are not raising their term deposit rates. At least, not significantly. On Monday Kiwibank raised its six month and one year rates by five basis points (bps). Tiny occasional shifts are the…...

14+ hour ago   (270+ words) Population growth from migration more than doubled in the 12 months to July compared to the previous July year. The latest figures from Statistics NZ show a net population gain, being long-term arrivals minus long-term departures, of 20,350 people in the year…...

18+ hour, 15+ min ago   (832+ words) Content supplied by Federated Farmers Profitability is the highest it’s been in a decade, but farmers are worried about whether the good times will hold. Federated Farmers’ latest Confidence Survey shows 72% of farmers are making a profit, with fewer than…...

17+ hour, 59+ min ago   (195+ words) Summary of key points: - Consider the following futile, irresponsible and damaging economic and political initiatives promulgated by Trump: - Trump promised the US public more jobs and lower inflation, he has delivered the opposite. You wonder how many Americans will understand…...

18+ hour, 40+ min ago   (613+ words) This week will feature the US Fed's rate decision on Thursday as the key upcoming event. Financial markets are pricing a 75% chance of a +25 bps hike. Economists have the full +25 bps as their central expectation. The reason is clear - inflation…...

1+ day, 10+ hour ago   (537+ words) Labour wants to make employer contributions to KiwiSaver compulsory, rising to 6%, extend employer contributions to workers over 65, make the default employee contribution rate at 4%, as well as removing the minimum contribution rate. Labour leader Chris Hipkins is also promising to…...

1+ day, 12+ hour ago   (446+ words) The reason can be found in China’s trade data for August, which shows a whopping 25% year-on-year rise in exports, up from the 23.9% increase recorded in July. Despite similarly strong import growth (from a smaller base), China has delivered another huge…...

3+ day, 10+ hour ago   (152+ words) Interest.co.nz Here are the key changes to know about in the New Zealand equity market; NZX50 weakens -0.6% as Briscoes, Kiwi Property, Hallensteins and Mercury advance while Serko, Gentrack, F&P Healthcare and Vulcan Steel retreat Here are the key…...