Card spending falls 1.2 per cent in October as fuel is the only category to rise

NZ Business News 12/11/2026 No Comments

New Zealanders put $9.6 billion on debit, credit, and charge cards in October, down 1.2 per cent on September. Fuel was the only retail category to increase, while durables and…

ASB raises $800m in five-year bond at 4.78 per cent

NZ Business News 12/11/2026 No Comments

ASB has borrowed $800 million through a five-year bond paying investors 4.78 per cent a year, less than its advertised five-year term deposit rate of 5 per cent.

Xero revenue jumps 46pc as Melio purchase drags profit down

NZ Business News 12/11/2026 No Comments

Accounting software company Xero has lifted its full-year revenue forecast after a strong half, but owning US payments business Melio for a full six months has cut net profit sharply.

Card spending falls a third month as fuel prices squeeze households

NZ Business News 12/11/2026 No Comments

New Zealanders put less on their cards in October, with spending down 0.7 per cent and core retail down 1.2 per cent, as higher fuel prices and a weak job…

School-hours tech company serves 1,500 schools with a 25-person team

NZ Business News 09/11/2026 No Comments

Kaikōura-based Skool Loop runs its 25-person team on school hours, with most finishing at 3pm. Around 90 per cent of staff are mums, and many started with no technology experience.

Auckland data integrator SyncHub sees demand for plain-English queries of live business data

NZ Business News 09/11/2026 No Comments

SyncHub says businesses want to ask direct questions of live sales, stock and invoice data rather than read dashboards. It has released a connector for data held outside standard cloud…

Cyber agency tells businesses to check PHP and patch it now

NZ Business News 09/11/2026 1 Comment

New Zealand's cyber security agency is urging businesses to find out whether their websites run on PHP and get the software updated, warning an attacker could take control of a…

ANZ New Zealand profit slips from record as lending margins tighten

NZ Business News 09/11/2026 No Comments

The country's largest bank has posted a 7% fall in annual profit as competition squeezed lending margins and loan impairments returned. Housing lending grew, but not as fast as the…

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Card spending falls 1.2 per cent in October as fuel is the only category to rise

ASB raises $800m in five-year bond at 4.78 per cent

Xero revenue jumps 46pc as Melio purchase drags profit down

Card spending falls a third month as fuel prices squeeze households

School-hours tech company serves 1,500 schools with a 25-person team

Auckland data integrator SyncHub sees demand for plain-English queries of live business data

Cyber agency tells businesses to check PHP and patch it now

ANZ New Zealand profit slips from record as lending margins tighten