Recession
GDP figures out in the coming week might be, in the words of one economist, 'as flat as a pancake', - but this of course is in a country that grew its population by 2.8% last year, meaning many more hands are producing only exactly the same outcome
17th Mar 24, 6:01am
59
GDP figures out in the coming week might be, in the words of one economist, 'as flat as a pancake', - but this of course is in a country that grew its population by 2.8% last year, meaning many more hands are producing only exactly the same outcome
Kiwibank economists say central banks will ultimately need to have looser inflation targets in a 'world of rapidly rising, climate-related, costs
13th Mar 24, 9:34am
46
Kiwibank economists say central banks will ultimately need to have looser inflation targets in a 'world of rapidly rising, climate-related, costs
Kiwibank economists say that after some 'ferocious barking' and 'a lot of huffing and puffing' about potential interest rate hikes, the RBNZ has 'stripped off their wolf skin'
4th Mar 24, 11:41am
23
Kiwibank economists say that after some 'ferocious barking' and 'a lot of huffing and puffing' about potential interest rate hikes, the RBNZ has 'stripped off their wolf skin'
Reserve Bank leaves Official Cash Rate unchanged at 5.5% and says risks to the inflation outlook are now 'more balanced' but there is a limit to its ability to 'tolerate upside inflation surprises'
28th Feb 24, 2:13pm
104
Reserve Bank leaves Official Cash Rate unchanged at 5.5% and says risks to the inflation outlook are now 'more balanced' but there is a limit to its ability to 'tolerate upside inflation surprises'
The Reserve Bank finds itself stuck in the middle of still-high inflation and an economy that is buckling under far more quickly than had been believed
14th Dec 23, 2:38pm
81
The Reserve Bank finds itself stuck in the middle of still-high inflation and an economy that is buckling under far more quickly than had been believed
David Hargreaves has a look at the forthcoming GDP figures - the last major economic data release for the year. As far as GDP goes - resilience is the word
10th Dec 23, 6:00am
39
David Hargreaves has a look at the forthcoming GDP figures - the last major economic data release for the year. As far as GDP goes - resilience is the word
In the second part of his preview of 2024, David Hargreaves examines whether a combination of new Government policies, rampant migration and an enlivened housing market could undermine efforts to get the economy on a sound footing
3rd Dec 23, 8:00am
85
In the second part of his preview of 2024, David Hargreaves examines whether a combination of new Government policies, rampant migration and an enlivened housing market could undermine efforts to get the economy on a sound footing
David Hargreaves explains what he is looking for in the economy in 2024 as we wait to see if the battle against inflation really can be won
2nd Dec 23, 10:23am
17
David Hargreaves explains what he is looking for in the economy in 2024 as we wait to see if the battle against inflation really can be won
David Hargreaves has a look at the economic developments in the past year and lines these up against what the expectations were at the start of the year
1st Dec 23, 9:44am
50
David Hargreaves has a look at the economic developments in the past year and lines these up against what the expectations were at the start of the year
[updated]
Reserve Bank leaves Official Cash Rate unchanged at 5.5% but warns if inflation proves stronger than expected it may have to hike the OCR again
29th Nov 23, 2:20pm
93
Reserve Bank leaves Official Cash Rate unchanged at 5.5% but warns if inflation proves stronger than expected it may have to hike the OCR again
The economy is growing much slower than usual and unemployment is rising
The rebalancing of the economy could have been a lot more 'harrowing', Infometrics’ chief forecaster Gareth Kiernan says
20th Oct 23, 5:00am
51
The rebalancing of the economy could have been a lot more 'harrowing', Infometrics’ chief forecaster Gareth Kiernan says
Economist Brian Easton says while Singapore and New Zealand have rather different economic structures, the two small economies work together in the international political economy
9th Oct 23, 8:39am
2
Economist Brian Easton says while Singapore and New Zealand have rather different economic structures, the two small economies work together in the international political economy
Economist Brian Easton says while the economy is not doing too badly in output terms, external circumstances are not favourable, and there is probably a sizeable group of households struggling because of rising interest rates
2nd Oct 23, 8:57am
5
Economist Brian Easton says while the economy is not doing too badly in output terms, external circumstances are not favourable, and there is probably a sizeable group of households struggling because of rising interest rates
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
65
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
'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists
29th Aug 23, 11:37am
66
'We see quarterly economic activity flitting between small positives and negatives over the remainder of 2023. In per capita terms the economic downturn will be much more pronounced' - ASB economists
Finance Minister Grant Robertson said the money saved would help to offset the growing deficits due to weak tax revenue
28th Aug 23, 4:02pm
60
Finance Minister Grant Robertson said the money saved would help to offset the growing deficits due to weak tax revenue
Kiwis put a new record high amount on their credit cards during overseas trips last month
21st Aug 23, 3:36pm
12
Kiwis put a new record high amount on their credit cards during overseas trips last month
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
99
Reserve Bank leaves Official Cash Rate unchanged at 5.50% but says interest rates need to remain at a restrictive level for some time
David Hargreaves examines financial statistics for the first six months of the year showing money being 'sucked out' of consumers' pockets both through higher mortgage and deposit rates
2nd Aug 23, 9:11am
28
David Hargreaves examines financial statistics for the first six months of the year showing money being 'sucked out' of consumers' pockets both through higher mortgage and deposit rates
Latest Reserve Bank figures show the total of officially 'impaired' housing loans has now surpassed the peak of the sharp, but brief rise during the pandemic in 2020
1st Aug 23, 1:44pm
20
Latest Reserve Bank figures show the total of officially 'impaired' housing loans has now surpassed the peak of the sharp, but brief rise during the pandemic in 2020
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
[updated]
RBNZ hits pause after two years of OCR hikes as economy shows signs of slowing. Says house prices at 'more sustainable levels'
12th Jul 23, 2:15pm
128
RBNZ hits pause after two years of OCR hikes as economy shows signs of slowing. Says house prices at 'more sustainable levels'
Two more RBA rate hikes, tumbling inflation, and a high chance of recession: how The Conversation's forecasting panel sees Australia's 2023-24
4th Jul 23, 10:01am
8
Two more RBA rate hikes, tumbling inflation, and a high chance of recession: how The Conversation's forecasting panel sees Australia's 2023-24