34 minutes ago
News of a deal between Iran and the United States is likely to be good news for New Zealand petrol prices and interest rates, provided it sticks.
The United States and Iran agreed to a peace deal and an "immediate and permanent" end to military operations on all fronts including Lebanon, signalling the apparent end to more than three months of war in Middle East.
The details of the deal are not yet clear.
Westpac chief economist Kelly Eckhold said there was still an element of "wait and see".
