Miles Workman
The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
29th Jan 23, 6:00am
48
The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
[updated]
REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
18th Jan 23, 9:00am
251
REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
[updated]
National's finance spokesperson scalds Government after long-running NZIER business survey records the weakest result in its history; ASB economists say economy has 'run into a brick wall'; BNZ economists see 'stagflation on steroids'
17th Jan 23, 10:23am
188
National's finance spokesperson scalds Government after long-running NZIER business survey records the weakest result in its history; ASB economists say economy has 'run into a brick wall'; BNZ economists see 'stagflation on steroids'
[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
178
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'
Latest ANZ Business Outlook Survey shows a drop in business confidence and activity levels - but inflation expectations have risen again
26th Oct 22, 1:33pm
60
Latest ANZ Business Outlook Survey shows a drop in business confidence and activity levels - but inflation expectations have risen again
Latest ANZ Business Outlook Survey shows an overall lift in business sentiment - but activity indicators in residential construction have hit a fresh low
29th Sep 22, 1:30pm
45
Latest ANZ Business Outlook Survey shows an overall lift in business sentiment - but activity indicators in residential construction have hit a fresh low
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
6
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
81
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
Economists surprised by fall in retail spending in the June quarter, which raises the possibility the country may have gone into a technical recession in the first half of the year
25th Aug 22, 12:59pm
62
Economists surprised by fall in retail spending in the June quarter, which raises the possibility the country may have gone into a technical recession in the first half of the year
[updated]
The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth
16th Jun 22, 10:54am
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The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth
This week's release of March quarter GDP figures is likely to reflect the impact of the surge of Omicron - but the immediate prospects are for a future slowdown in any case
13th Jun 22, 10:16am
15
This week's release of March quarter GDP figures is likely to reflect the impact of the surge of Omicron - but the immediate prospects are for a future slowdown in any case
ANZ economists say latest survey results shows urgent need for RBNZ to hike rates; ANZ sees likely annual inflation of 7.1% as of March quarter end
12th Apr 22, 11:42am
43
ANZ economists say latest survey results shows urgent need for RBNZ to hike rates; ANZ sees likely annual inflation of 7.1% as of March quarter end
Inflation has so much strength and persistence that the RBNZ will likely need to keep raising interest rates despite softening house prices, ANZ economists say
22nd Mar 22, 10:37am
178
Inflation has so much strength and persistence that the RBNZ will likely need to keep raising interest rates despite softening house prices, ANZ economists say
The economy bounced back in the last quarter of 2021 from the lockdown blues - but the bounce was nowhere near as strong as economists thought it would be
17th Mar 22, 10:58am
33
The economy bounced back in the last quarter of 2021 from the lockdown blues - but the bounce was nowhere near as strong as economists thought it would be
This week's December quarter GDP figures will show a recovery from the sharp fall in September but all eyes will be on what the figures point to in the more problematic months ahead
14th Mar 22, 8:55am
4
This week's December quarter GDP figures will show a recovery from the sharp fall in September but all eyes will be on what the figures point to in the more problematic months ahead
ANZ economists say a significant drain of people out of the country could put pressure on the housing market and have ramifications for RBNZ monetary policy
1st Mar 22, 2:41pm
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ANZ economists say a significant drain of people out of the country could put pressure on the housing market and have ramifications for RBNZ monetary policy
Inflation hit 3-decade high in December quarter, as consumer prices rose 5.9% over the year; Economists fear higher inflation is embedded
27th Jan 22, 11:17am
286
Inflation hit 3-decade high in December quarter, as consumer prices rose 5.9% over the year; Economists fear higher inflation is embedded
Country sees second largest ever quarterly fall in GDP - but the result shows increasing resilience in the face of lockdown restraints
16th Dec 21, 11:00am
25
Country sees second largest ever quarterly fall in GDP - but the result shows increasing resilience in the face of lockdown restraints
Treasury slashes its debt issuance forecast, but commits to keeping a cash buffer of at least $15 billion
15th Dec 21, 1:08pm
8
Treasury slashes its debt issuance forecast, but commits to keeping a cash buffer of at least $15 billion
This week's GDP figures expected to show a drop - but by nothing like the sort of drop economists earlier expected
13th Dec 21, 10:18am
14
This week's GDP figures expected to show a drop - but by nothing like the sort of drop economists earlier expected
New Zealand's inflation is set to hit another 10-year high, but the key question will be whether this is a short run thing or the start of a lasting wage and price spiral
14th Oct 21, 9:02am
30
New Zealand's inflation is set to hit another 10-year high, but the key question will be whether this is a short run thing or the start of a lasting wage and price spiral
NZIER Quarterly Survey of Business Opinion shows the building sector has gone from being the most optimistic to the most pessimistic sectors surveyed
5th Oct 21, 10:55am
4
NZIER Quarterly Survey of Business Opinion shows the building sector has gone from being the most optimistic to the most pessimistic sectors surveyed
Economists see the very strong second-quarter GDP figures as providing a green light for the Reserve Bank to begin raising interest rates
16th Sep 21, 3:11pm
33
Economists see the very strong second-quarter GDP figures as providing a green light for the Reserve Bank to begin raising interest rates
A $41 billion reason for why the Government needs to stop avoiding debate over its spending by dismissing the topic as supposedly niche
14th Sep 21, 1:43pm
12
A $41 billion reason for why the Government needs to stop avoiding debate over its spending by dismissing the topic as supposedly niche
Another big lockdown has once again changed the economic picture enormously, but GDP figures for the past quarter will still tell us some important things
13th Sep 21, 10:35am
2
Another big lockdown has once again changed the economic picture enormously, but GDP figures for the past quarter will still tell us some important things