Employment
We asked twenty economists how they would define a recession in New Zealand
GDP figures to be released in the coming week will probably show something of a bounce back from two quarters of negative economic growth, but the overall picture isn't particularly rosy
17th Sep 23, 8:11am
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GDP figures to be released in the coming week will probably show something of a bounce back from two quarters of negative economic growth, but the overall picture isn't particularly rosy
If the economy develops as expected, with very weak economic activity and falling inflation, then 'we should start talking more about rate cuts as we head into next year', Kiwibank economists say
22nd Aug 23, 11:34am
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If the economy develops as expected, with very weak economic activity and falling inflation, then 'we should start talking more about rate cuts as we head into next year', Kiwibank economists say
Westpac economists say if the RBNZ's judgement is wrong, then New Zealand could be facing a protracted period of strong domestic inflation pressures
21st Aug 23, 2:23pm
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Westpac economists say if the RBNZ's judgement is wrong, then New Zealand could be facing a protracted period of strong domestic inflation pressures
Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time
16th Aug 23, 2:18pm
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Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time
[updated]
A survey for the Reserve Bank shows that households think inflation is going to be NEARLY back in the RBNZ's 1% to 3% target range in two years' time, while house prices will rise next year and continue to rise
15th Aug 23, 3:43pm
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A survey for the Reserve Bank shows that households think inflation is going to be NEARLY back in the RBNZ's 1% to 3% target range in two years' time, while house prices will rise next year and continue to rise
Motu Economic and Public Policy Research says wage subsidy successfully protected jobs and sole traders during the pandemic
9th Aug 23, 4:02pm
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Motu Economic and Public Policy Research says wage subsidy successfully protected jobs and sole traders during the pandemic
[updated]
Influential RBNZ survey shows a slight rise in the expected level of inflation in two years time
9th Aug 23, 3:22pm
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Influential RBNZ survey shows a slight rise in the expected level of inflation in two years time
Australia is about to set its first full employment target and it will define people’s lives for decades, Peter Martin says
7th Aug 23, 2:19pm
1
Australia is about to set its first full employment target and it will define people’s lives for decades, Peter Martin says
Economists at Westpac and ANZ still see the combination of economic resilience and 'sticky' inflation as forcing the Reserve Bank to raise the Official Cash Rate again
7th Aug 23, 1:33pm
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Economists at Westpac and ANZ still see the combination of economic resilience and 'sticky' inflation as forcing the Reserve Bank to raise the Official Cash Rate again
High wages and sky-high living costs are pulling New Zealanders off the sidelines and into the workforce at record rates
6th Aug 23, 6:30am
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High wages and sky-high living costs are pulling New Zealanders off the sidelines and into the workforce at record rates
The Reserve Bank is now set fair to 'watch, worry and wait' its way through the election
3rd Aug 23, 8:30am
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The Reserve Bank is now set fair to 'watch, worry and wait' its way through the election
The labour market may be beginning to cool as employers fill long-standing vacancies and cash-strapped households work more hours
2nd Aug 23, 10:47am
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The labour market may be beginning to cool as employers fill long-standing vacancies and cash-strapped households work more hours
The Reserve Bank expects labour market figures out in the coming week to show rising unemployment. If unemployment doesn't rise - or indeed if it even falls - this will heap more pressure back on our central bank in its inflation fight
30th Jul 23, 6:30am
51
The Reserve Bank expects labour market figures out in the coming week to show rising unemployment. If unemployment doesn't rise - or indeed if it even falls - this will heap more pressure back on our central bank in its inflation fight
Xero says Kiwi small businesses are showing resilience despite weaker sales data consistent with New Zealand being in recession
27th Jul 23, 5:00am
4
Xero says Kiwi small businesses are showing resilience despite weaker sales data consistent with New Zealand being in recession
David Hargreaves examines the suddenly very visible signs of the New Zealand economy slowing as it reacts to the Reserve Bank's attempts to put out the inflation fire
7th Jul 23, 5:00am
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David Hargreaves examines the suddenly very visible signs of the New Zealand economy slowing as it reacts to the Reserve Bank's attempts to put out the inflation fire
BNZ head of research Stephen Toplis says he continues to believe the next move in interest rates will be down 'and that this will possibly occur sooner than the RBNZ expects'
4th Jul 23, 2:18pm
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BNZ head of research Stephen Toplis says he continues to believe the next move in interest rates will be down 'and that this will possibly occur sooner than the RBNZ expects'
ASB economists say the current influx of migrants doesn't appear to be adding significantly to demand pressures in the economy - but it is easing the country's labour market shortages
26th Jun 23, 2:18pm
28
ASB economists say the current influx of migrants doesn't appear to be adding significantly to demand pressures in the economy - but it is easing the country's labour market shortages
David Hargreaves casts his mind forward over the next six months and outlines what he's looking out for in terms of the good, bad and potentially very ugly for the economy till the end of 2023
22nd Jun 23, 5:00am
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David Hargreaves casts his mind forward over the next six months and outlines what he's looking out for in terms of the good, bad and potentially very ugly for the economy till the end of 2023
BNZ economists say a solid bounce in economic activity is expected in the second half of next year, but in the meantime there is more pain to be felt as the economy bounces along the bottom - torn between rising immigration and higher interest rates
21st Jun 23, 2:04pm
13
BNZ economists say a solid bounce in economic activity is expected in the second half of next year, but in the meantime there is more pain to be felt as the economy bounces along the bottom - torn between rising immigration and higher interest rates
Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching
19th Jun 23, 1:53pm
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Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching
Wellington records largest fall in jobs advertised, as Gisborne bucks the national trend, Seek employment report shows
19th Jun 23, 5:00am
28
Wellington records largest fall in jobs advertised, as Gisborne bucks the national trend, Seek employment report shows
David Hargreaves sums up the first (nearly) six months of the year and assesses how the unfolding of various economic events has matched up against what was expected to happen
18th Jun 23, 6:00am
163
David Hargreaves sums up the first (nearly) six months of the year and assesses how the unfolding of various economic events has matched up against what was expected to happen
Economists at the country's biggest banks are neatly divided as to whether the economy has or has not gone into recession, but there's great consensus that things are slowing and that our current account deficit's very big
12th Jun 23, 3:22pm
21
Economists at the country's biggest banks are neatly divided as to whether the economy has or has not gone into recession, but there's great consensus that things are slowing and that our current account deficit's very big
Figures to be released in the coming week may or may not show the country entering a 'technical recession' - but either way, the Reserve Bank will be content enough if the data shows heat coming out of the economy
11th Jun 23, 6:00am
18
Figures to be released in the coming week may or may not show the country entering a 'technical recession' - but either way, the Reserve Bank will be content enough if the data shows heat coming out of the economy