Employment
It will take a 'concerted effort' to squash wage-price spiral dynamics 'that are becoming ever more established' in New Zealand, ANZ economists say
14th Nov 22, 10:31am
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It will take a 'concerted effort' to squash wage-price spiral dynamics 'that are becoming ever more established' in New Zealand, ANZ economists say
In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become
9th Nov 22, 2:13pm
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In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become
Influential RBNZ survey shows considerable rise in expectations of inflation in two years time, with a rate of 3.62%, and even the much longer-term expectations for five years and 10 years have risen above the RBNZ's explicit 2% target
8th Nov 22, 3:23pm
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Influential RBNZ survey shows considerable rise in expectations of inflation in two years time, with a rate of 3.62%, and even the much longer-term expectations for five years and 10 years have risen above the RBNZ's explicit 2% target
[updated]
Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
2nd Nov 22, 11:00am
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Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation
30th Oct 22, 6:00am
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David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation
Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
27th Oct 22, 10:21am
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Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
Finance Minister notes five years since Labour won power, highlighting economic growth, low unemployment and house building; says inflation has peaked and will fall
25th Oct 22, 6:47pm
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Finance Minister notes five years since Labour won power, highlighting economic growth, low unemployment and house building; says inflation has peaked and will fall
Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end
25th Oct 22, 2:55pm
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Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end
ASB economists say there is likely 'more upside' to wholesale interest rates, while the odds of an economic 'soft landing' are shrinking
17th Oct 22, 2:23pm
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ASB economists say there is likely 'more upside' to wholesale interest rates, while the odds of an economic 'soft landing' are shrinking
Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
13th Oct 22, 11:12am
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Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
David Hargreaves sees increasing signs the Reserve Bank will have to either raise the Official Cash Rate by more than it wants to - or concede some ground to inflation
13th Oct 22, 7:48am
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David Hargreaves sees increasing signs the Reserve Bank will have to either raise the Official Cash Rate by more than it wants to - or concede some ground to inflation
David Hargreaves tries to get a sense of where we are in the battle with inflation - and how much more the Reserve Bank might need to do
6th Oct 22, 1:12pm
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David Hargreaves tries to get a sense of where we are in the battle with inflation - and how much more the Reserve Bank might need to do
Latest NZIER Quarterly Survey of Business Opinion suggests that shortages for both skilled and unskilled labour are easing from the historically high levels of the past year
4th Oct 22, 10:31am
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Latest NZIER Quarterly Survey of Business Opinion suggests that shortages for both skilled and unskilled labour are easing from the historically high levels of the past year
The super hot labour market is the biggest threat to the Reserve Bank's efforts to get inflation back under control. David Hargreaves has a crunch of some numbers
22nd Sep 22, 10:00am
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The super hot labour market is the biggest threat to the Reserve Bank's efforts to get inflation back under control. David Hargreaves has a crunch of some numbers
ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
21st Sep 22, 11:37am
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ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
David Hargreaves thinks the Reserve Bank will actually be very comfortable with the latest GDP data - even if economists are not
20th Sep 22, 12:11pm
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David Hargreaves thinks the Reserve Bank will actually be very comfortable with the latest GDP data - even if economists are not
Survey reveals two-thirds of NZ employees want more work-life flexibility – how should employers respond?
19th Sep 22, 12:44pm
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Survey reveals two-thirds of NZ employees want more work-life flexibility – how should employers respond?
Surging demand in the country's service industries after Covid restrictions saw the country easily avoid recession in the June quarter
15th Sep 22, 11:01am
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Surging demand in the country's service industries after Covid restrictions saw the country easily avoid recession in the June quarter
BNZ economists say a very wide range of forecasts for the outcome of GDP figures this week likely reflects the 'noise' in the component parts
12th Sep 22, 3:10pm
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BNZ economists say a very wide range of forecasts for the outcome of GDP figures this week likely reflects the 'noise' in the component parts
Figures to be released in the coming week will likely show the country stayed well clear of recession in the June quarter - but the outlook for the economy is looking, as the Reserve Bank has indicated, pretty anaemic
11th Sep 22, 6:00am
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Figures to be released in the coming week will likely show the country stayed well clear of recession in the June quarter - but the outlook for the economy is looking, as the Reserve Bank has indicated, pretty anaemic
Ross Stitt assesses the Jobs and Skills Summit organised by Australia's new Labor government
10th Sep 22, 9:05am
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Ross Stitt assesses the Jobs and Skills Summit organised by Australia's new Labor government
ANZ economists see inflation getting back to targeted levels by the middle of 2024 but think there are 'significant risks' that inflation will remain 'too high for too long'
7th Sep 22, 9:10am
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ANZ economists see inflation getting back to targeted levels by the middle of 2024 but think there are 'significant risks' that inflation will remain 'too high for too long'
Beating inflation will likely require a sustained period of higher interest rates and slower economic growth if things like indexing wage growth to the previous year's inflation get entrenched, ANZ economists say
6th Sep 22, 9:38am
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Beating inflation will likely require a sustained period of higher interest rates and slower economic growth if things like indexing wage growth to the previous year's inflation get entrenched, ANZ economists say
RBNZ Governor says Covid, climate change and war have cut the globe's productive capacity, which central banks have to account for in the long run
5th Sep 22, 2:22pm
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RBNZ Governor says Covid, climate change and war have cut the globe's productive capacity, which central banks have to account for in the long run
'It’s the biggest real house price downturn we’ve had since the 1970s'