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spending

ASB economists estimate that average household living costs will have increased by about $115 a week in 2023 - and with a further $70 hike to come next year, but income rises will probably beat that
7th Dec 23, 10:30am
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ASB economists estimate that average household living costs will have increased by about $115 a week in 2023 - and with a further $70 hike to come next year, but income rises will probably beat that
New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
10th Oct 23, 10:33am
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New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
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
New Kiwibank spending data shows that despite the cost of living squeeze we are still spending as we need to - but discretion is being applied
11th Jul 23, 11:22am
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New Kiwibank spending data shows that despite the cost of living squeeze we are still spending as we need to - but discretion is being applied
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
Statistics New Zealand says retail spending spending rose across a majority of retail industries, with the largest contribution coming from consumables - probably influenced by rising prices
11th Oct 22, 11:12am
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Statistics New Zealand says retail spending spending rose across a majority of retail industries, with the largest contribution coming from consumables - probably influenced by rising prices
Latest Kiwibank household spending data shows that the volume of cash withdrawals is 70% higher than a year ago
10th Oct 22, 11:50am
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Latest Kiwibank household spending data shows that the volume of cash withdrawals is 70% higher than a year ago
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
Statistics New Zealand says retail spending - excluding fuel - dropped by 0.3% in June
11th Jul 22, 11:33am
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Statistics New Zealand says retail spending - excluding fuel - dropped by 0.3% in June
Latest Kiwibank household spending data shows that the June quarter did see a rebound in consumer spending, but thanks to inflation, the growth in dollars spent is outpacing the volume of transactions
11th Jul 22, 10:57am
Latest Kiwibank household spending data shows that the June quarter did see a rebound in consumer spending, but thanks to inflation, the growth in dollars spent is outpacing the volume of transactions
Economist Brian Easton says while the new fiscal rules may not be contentious, what they mean for macroeconomic management is not explained
16th May 22, 8:44am
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Economist Brian Easton says while the new fiscal rules may not be contentious, what they mean for macroeconomic management is not explained
Latest Kiwibank household spending data shows that the March quarter spending was 'especially weak'
11th Apr 22, 1:11pm
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Latest Kiwibank household spending data shows that the March quarter spending was 'especially weak'
ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
23rd Mar 22, 11:50am
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ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
Auckland spending has bounced after the loosening of Covid restrictions, but services spending is still well down, according to Kiwibank credit and debit card data
18th Nov 21, 11:30am
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Auckland spending has bounced after the loosening of Covid restrictions, but services spending is still well down, according to Kiwibank credit and debit card data
Benje Patterson says many households will need to tighten their belts due to higher mortgage payments. The burden of this adjustment will be unevenly spread across the economy and fall on sectors which rely on discretionary expenditure
18th Nov 21, 9:29am
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Benje Patterson says many households will need to tighten their belts due to higher mortgage payments. The burden of this adjustment will be unevenly spread across the economy and fall on sectors which rely on discretionary expenditure
'The rebound is looking less like last year’s Red bull-powered hill sprint, and more like a herbal tea inspired jog uphill'
12th Oct 21, 10:31am
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'The rebound is looking less like last year’s Red bull-powered hill sprint, and more like a herbal tea inspired jog uphill'
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
3rd Sep 21, 7:39am
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
1st Sep 21, 11:53am
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
David Hargreaves asks if the country's largest airport just made its first loss since sharemarket listing over 20 years ago - or actually reaped a profit of over $1 billion
19th Aug 21, 10:09am
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David Hargreaves asks if the country's largest airport just made its first loss since sharemarket listing over 20 years ago - or actually reaped a profit of over $1 billion
The country's largest airport will start laying the 'groundwork' early next year for its new domestic hub, but is not giving any indication of when the major phase of development of the $1 bln on-hold project will commence
9th Aug 21, 10:29am
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The country's largest airport will start laying the 'groundwork' early next year for its new domestic hub, but is not giving any indication of when the major phase of development of the $1 bln on-hold project will commence
It seems the lockdown period and subsequent changes to working patterns have helped push us towards hypochondria - and given us sore necks and bad backs
12th Jul 21, 3:27pm
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It seems the lockdown period and subsequent changes to working patterns have helped push us towards hypochondria - and given us sore necks and bad backs
Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country
28th Jun 21, 2:41pm
Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country
Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February
8th Jun 21, 11:09am
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Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February
Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme
11th May 21, 10:22am
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Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme
Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries
10th May 21, 1:42pm
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Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries