NZ economy
Traders and economists are losing hope that interest rate cuts could occur in the first half of 2024 after discouraging data updates
9th Feb 24, 12:33pm
12
Traders and economists are losing hope that interest rate cuts could occur in the first half of 2024 after discouraging data updates
The Coalition Government is slowing minimum wage increases below inflation but research suggests the policy settings don’t matter that much for the wider economy
8th Feb 24, 12:10pm
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The Coalition Government is slowing minimum wage increases below inflation but research suggests the policy settings don’t matter that much for the wider economy
Stronger employment data could spook the Reserve Bank into raising the Official Cash Rate above 5.50%, economists say
7th Feb 24, 2:04pm
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Stronger employment data could spook the Reserve Bank into raising the Official Cash Rate above 5.50%, economists say
Treasury advised the new Finance Minister to stick to the fiscal rules and explore possible tax reforms
5th Feb 24, 12:31pm
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Treasury advised the new Finance Minister to stick to the fiscal rules and explore possible tax reforms
Toilet rolls are getting cheaper as global shipping costs fall but services stay sticky as wages grow
28th Jan 24, 6:00am
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Toilet rolls are getting cheaper as global shipping costs fall but services stay sticky as wages grow
Reserve Bank finally convinces politicians to support debt-to-income restrictions for home loan borrowers after years of lobbying
25th Jan 24, 4:12pm
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Reserve Bank finally convinces politicians to support debt-to-income restrictions for home loan borrowers after years of lobbying
Crown accounts for November show revenue doing better than forecast in the half-year update
25th Jan 24, 12:13pm
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Crown accounts for November show revenue doing better than forecast in the half-year update
[updated]
Inflation was cooler in the December quarter than any other in the past three years but still too hot for the Reserve Bank’s to consider cutting the Official Cash Rate
24th Jan 24, 2:46pm
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Inflation was cooler in the December quarter than any other in the past three years but still too hot for the Reserve Bank’s to consider cutting the Official Cash Rate
CPI inflation falls to a two year low of 4.7% as food prices decline, albeit domestic inflation tops RBNZ expectations
24th Jan 24, 10:56am
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CPI inflation falls to a two year low of 4.7% as food prices decline, albeit domestic inflation tops RBNZ expectations
‘Goldilocks combination’: NZIER’s quarterly survey of business opinion shows confidence up and inflation indicators down
16th Jan 24, 2:28pm
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‘Goldilocks combination’: NZIER’s quarterly survey of business opinion shows confidence up and inflation indicators down
2023 will be remembered as a year of political and economic correction, for better or worse
24th Dec 23, 6:00am
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2023 will be remembered as a year of political and economic correction, for better or worse
Finance Minister Nicola Willis wants Treasury to report fiscal risks more clearly
20th Dec 23, 6:15pm
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Finance Minister Nicola Willis wants Treasury to report fiscal risks more clearly
Wholesale interest rates drop sharply after Statistics NZ reports soft economic data and the US Federal Reserve signals it could cut interest rates soon
15th Dec 23, 12:25pm
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Wholesale interest rates drop sharply after Statistics NZ reports soft economic data and the US Federal Reserve signals it could cut interest rates soon
New Zealand's economy has been slowing faster than forecasters expected
Gross domestic product declined in the September quarter as household spending on durable goods dropped to a record low
14th Dec 23, 10:50am
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Gross domestic product declined in the September quarter as household spending on durable goods dropped to a record low
Finance Minister Nicola Willis says flexible inflation target will be kept and a new remit will be issued
13th Dec 23, 5:07pm
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Finance Minister Nicola Willis says flexible inflation target will be kept and a new remit will be issued
[updated]
New Zealand’s trade deficit declined $600 million the in year ended September
13th Dec 23, 11:29am
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New Zealand’s trade deficit declined $600 million the in year ended September
Spending looks soft as cash-strapped New Zealanders head into the Christmas period
10th Dec 23, 7:30am
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Spending looks soft as cash-strapped New Zealanders head into the Christmas period
National has promised its tax package will be fiscally neutral but hasn’t said how it will make up the missing foreign buyers tax revenue
8th Dec 23, 5:00am
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National has promised its tax package will be fiscally neutral but hasn’t said how it will make up the missing foreign buyers tax revenue
Wholesale interest rates have fallen since Wednesday when the RBNZ warned of another rate hike
1st Dec 23, 2:52pm
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Wholesale interest rates have fallen since Wednesday when the RBNZ warned of another rate hike
ANZ’s chief economist Sharon Zollner no longer expects the Reserve Bank to increase the Official Cash Rate above its current 5.50%
17th Nov 23, 2:03pm
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ANZ’s chief economist Sharon Zollner no longer expects the Reserve Bank to increase the Official Cash Rate above its current 5.50%
A gaping infrastructure deficit and a growing population will pose a challenge to the incoming National-led government
16th Nov 23, 5:00am
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A gaping infrastructure deficit and a growing population will pose a challenge to the incoming National-led government
The economy is growing much slower than usual and unemployment is rising
The Reserve Bank hints debt to income ratio restrictions could be put in place in the middle of 2024
2nd Nov 23, 6:49am
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The Reserve Bank hints debt to income ratio restrictions could be put in place in the middle of 2024
The unemployment rate lifts to 3.9% from 3.6% while broader measures also weaken
1st Nov 23, 11:01am
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The unemployment rate lifts to 3.9% from 3.6% while broader measures also weaken