PremiumGraham SkellernBusinessDesk·6 Aug, 2026 06:18 AM5 mins to readUnemployment rising to 5.6% and employment growth up 0.2% has watered down the prospect of another official cash rate increase, says an investment specialist. Photo / 123 RfThe New Zealand sharemarket cooled its heels with a small fall following the heady climb earlier this week. Market leader Fisher & Paykel mirrored that trend.
The S&P/NZX 50 Index fell to an early-morning low of 13,891.6 and recovered slightly to close at 13,958.06, down 39.12 points or 0.28%. The
