Recession
Kiwis put a new record high amount on their credit cards during overseas trips last month
21st Aug 23, 3:36pm
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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
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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
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
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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
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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
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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
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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
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Two more RBA rate hikes, tumbling inflation, and a high chance of recession: how The Conversation's forecasting panel sees Australia's 2023-24
Economist Brian Easton wonders whether we are evaluating the economy on the right criteria and says perhaps we should be paying more attention to rising overseas debt
4th Jul 23, 8:21am
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Economist Brian Easton wonders whether we are evaluating the economy on the right criteria and says perhaps we should be paying more attention to rising overseas debt
Latest Reserve Bank figures show non-performing housing loans rose nearly 12% in May, climbing to levels last seen around eight years ago
3rd Jul 23, 1:40pm
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Latest Reserve Bank figures show non-performing housing loans rose nearly 12% in May, climbing to levels last seen around eight years ago
Andrew Sheng & Xiao Geng highlight the challenges China faces in implementing its 'dual circulation' strategy
1st Jul 23, 9:41am
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Andrew Sheng & Xiao Geng highlight the challenges China faces in implementing its 'dual circulation' strategy
No longer seeing a doom-loop, Nouriel Roubini now anticipates a short and shallow recession, though with the potential for more worrying knock-on effects
28th Jun 23, 2:11pm
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No longer seeing a doom-loop, Nouriel Roubini now anticipates a short and shallow recession, though with the potential for more worrying knock-on effects
The amount spent overseas by Kiwis on their credit cards has hit a new record high for a May month
22nd Jun 23, 3:41pm
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The amount spent overseas by Kiwis on their credit cards has hit a new record high for a May month
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
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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
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
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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
A high rate of migration has offset a steeper decline in New Zealand’s GDP per capita
16th Jun 23, 6:39am
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A high rate of migration has offset a steeper decline in New Zealand’s GDP per capita
Stats NZ says the economy contracted 0.1% in the March quarter - the second quarter in a row of contraction
15th Jun 23, 10:57am
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Stats NZ says the economy contracted 0.1% in the March quarter - the second quarter in a row of contraction
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
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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
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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
The Reserve Bank may have just ensured it won't become the meat in the political sandwich during the forthcoming election campaign
31st May 23, 7:52am
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The Reserve Bank may have just ensured it won't become the meat in the political sandwich during the forthcoming election campaign
ASB economists rue the whiplash derived from last week's big 'dovish' shift by the Reserve Bank, while Westpac economists still see a further Official Cash Rate hike in August and ANZ economists expect one in November
29th May 23, 1:55pm
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ASB economists rue the whiplash derived from last week's big 'dovish' shift by the Reserve Bank, while Westpac economists still see a further Official Cash Rate hike in August and ANZ economists expect one in November
The Reserve Bank says the OCR has gone high enough and recession may be avoided
24th May 23, 6:33pm
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The Reserve Bank says the OCR has gone high enough and recession may be avoided
[updated]
Reserve Bank raises interest rates as expected but throws in a major surprise by indicating this will be the last rise
24th May 23, 2:11pm
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Reserve Bank raises interest rates as expected but throws in a major surprise by indicating this will be the last rise
Significant amounts of new spending in Budget 2023 could provoke the RBNZ to push the OCR higher
18th May 23, 7:24pm
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Significant amounts of new spending in Budget 2023 could provoke the RBNZ to push the OCR higher
BNZ economists say the Reserve Bank's next move is likely to be heavily influenced by its assumptions of the supply and demand impacts of a net migration inflow that is 'much stronger than anyone believed'
17th May 23, 12:05pm
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BNZ economists say the Reserve Bank's next move is likely to be heavily influenced by its assumptions of the supply and demand impacts of a net migration inflow that is 'much stronger than anyone believed'