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Read more: A Pacific Springboard to Engage the World: New Zealand’s Independent Foreign Policy
With the official cash rate now at a six-year high, the First Home Buyer's Club is warning an increase in interest rates would put extra pressure on people trying to get into the housing market.
Read more: What does the official cash rate increase mean for first home buyers?
As expected, the Reserve Bank raised the official interest rate by 50 basis points to 2.5% on Wednesday afternoon.
This is the fourth time the Official Cash Rate (OCR) has been raised this year, having seen previous rises in February, April and May.
Read more: Official Cash Rate hits 2.5% as inflation soars
The Five Eyes countries, including New Zealand, have been linked to a United States military contractor’s attempt to acquire the powerful Pegasus spyware.
Read more: Five Eyes countries linked to attempted purchase of Pegasus spyware
OPINION: New Zealand has once again been ranked the second-most peaceful nation in the world. When it comes to the Asia-Pacific region and the Southern Hemisphere, New Zealand is at the top of the peace rankings. This is according to the Institute for Economics and Peace, which recently released its annual Global Peace Index.
Read more: Are we spending too little – or too much – on the military?
United States Vice President Kamala Harris’ historic address to the Pacific Islands Forum on Wednesday is being described by 1News Pacific correspondent Barbara Dreaver as “a major diplomatic coup”.
Read more: US VP addressing Pacific Islands Forum a 'diplomatic coup'
A Fijian project to make seeds more resilient to the impacts of climate change just got a $10 million boost from Jacinda Ardern.
Read more: Jacinda Ardern's climate funding boost in Fiji could also help counter China's influence
Our view of the universe just expanded: The first image from NASA’s new space telescope unveiled on Tuesday NZT is brimming with galaxies and offers the deepest look of the cosmos ever captured.
Read more: First image from Nasa’s new space telescope unveiled
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