Paul Pascoe
Inbound tourism helps reduce New Zealand's current account deficit by more than $7 billion in 2023
20th Mar 24, 11:41am
11
Inbound tourism helps reduce New Zealand's current account deficit by more than $7 billion in 2023
Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
16th Oct 23, 11:58am
50
Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
[updated]
New Zealand's current account deficit shrinks more than economists predicted
20th Sep 23, 11:56am
18
New Zealand's current account deficit shrinks more than economists predicted
Household net worth falls to $2.2 trillion in a fifth consecutive decline as the pandemic bubble deflates
6th Jul 23, 12:45pm
19
Household net worth falls to $2.2 trillion in a fifth consecutive decline as the pandemic bubble deflates
[updated]
New Zealand’s current account deficit shrunk to 8.5% of GDP in the first quarter of 2023
14th Jun 23, 11:13am
38
New Zealand’s current account deficit shrunk to 8.5% of GDP in the first quarter of 2023
Statistics New Zealand figures show falling property values trimmed $93 billion from household net worth, but in the December quarter rises in disposable income for household outstripped increases in spending
6th Apr 23, 12:23pm
41
Statistics New Zealand figures show falling property values trimmed $93 billion from household net worth, but in the December quarter rises in disposable income for household outstripped increases in spending
New Zealand's current account deficit widest on record in 2022, but forecast to narrow as tourism returns
15th Mar 23, 12:29pm
51
New Zealand's current account deficit widest on record in 2022, but forecast to narrow as tourism returns
Statistics New Zealand says falling property values lopped $91.1 billion off the worth of Kiwis in the first nine months of 2022, while falling share and investment values took $78.6 billion away
19th Jan 23, 11:17am
19
Statistics New Zealand says falling property values lopped $91.1 billion off the worth of Kiwis in the first nine months of 2022, while falling share and investment values took $78.6 billion away
[updated]
Statistics New Zealand reports that the country's deficit between what we received for exports and what we spent on imports was a record $29.7 billion in the year to September
14th Dec 22, 11:07am
78
Statistics New Zealand reports that the country's deficit between what we received for exports and what we spent on imports was a record $29.7 billion in the year to September
Statistics New Zealand says household net worth fell by $129 billion, or over 5%, in the first half of the year - however household saving has picked up again
20th Oct 22, 11:40am
103
Statistics New Zealand says household net worth fell by $129 billion, or over 5%, in the first half of the year - however household saving has picked up again
[updated]
Statistics New Zealand says household net worth has fallen for the first time in nearly three years, while Kiwis have been spending nearly every dollar of their income
14th Jul 22, 11:39am
80
Statistics New Zealand says household net worth has fallen for the first time in nearly three years, while Kiwis have been spending nearly every dollar of their income
Household net worth in September quarter up $479bn on a year ago, but movement becoming more modest in cooling property market
27th Jan 22, 7:49am
18
Household net worth in September quarter up $479bn on a year ago, but movement becoming more modest in cooling property market
The 2.8% June quarter GDP rise beat market expectations of 1.2% and was up from a revised 1.4% in March
16th Sep 21, 11:01am
69
The 2.8% June quarter GDP rise beat market expectations of 1.2% and was up from a revised 1.4% in March
New Stats NZ figures show that in the 12 months to March, the country's household net worth increased by over $400 billion - about the same as the increase over the whole of the previous four years; But our savings rate is dropping again
22nd Jul 21, 11:40am
62
New Stats NZ figures show that in the 12 months to March, the country's household net worth increased by over $400 billion - about the same as the increase over the whole of the previous four years; But our savings rate is dropping again
ANZ economists now forecast the Reserve Bank will start increasing the Official Cash Rate in February next year following the stunning 1.6% GDP rise for the March quarter
17th Jun 21, 11:05am
78
ANZ economists now forecast the Reserve Bank will start increasing the Official Cash Rate in February next year following the stunning 1.6% GDP rise for the March quarter
The economy went into reverse again in the last quarter of 2020 with a fall that was bigger than expected by the Reserve Bank and by bank economists; second recession looms
18th Mar 21, 11:03am
174
The economy went into reverse again in the last quarter of 2020 with a fall that was bigger than expected by the Reserve Bank and by bank economists; second recession looms
Statistics New Zealand says the country enjoyed record economic growth in the past quarter as the economy bounced back from lockdown and an 11% drop in economic activity in the June quarter
17th Dec 20, 10:57am
111
Statistics New Zealand says the country enjoyed record economic growth in the past quarter as the economy bounced back from lockdown and an 11% drop in economic activity in the June quarter
Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
17th Sep 20, 10:58am
125
Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
Statistics New Zealand says there was a 'widespread drop in economic activity' in the March quarter; the fall was bigger than economists' estimates; worse is to come in the June quarter
18th Jun 20, 10:57am
51
Statistics New Zealand says there was a 'widespread drop in economic activity' in the March quarter; the fall was bigger than economists' estimates; worse is to come in the June quarter
'The tyres of the Kiwi economy are nicely inflated now. But Covid-19 has caused a large puncture = deflation'
20th Apr 20, 11:04am
59
'The tyres of the Kiwi economy are nicely inflated now. But Covid-19 has caused a large puncture = deflation'
Stats NZ says prices rose 0.9% in the September quarter, giving an annual inflation rate of 1.9%; economists expected just a 0.7% quarterly rise
16th Oct 18, 10:59am
44
Stats NZ says prices rose 0.9% in the September quarter, giving an annual inflation rate of 1.9%; economists expected just a 0.7% quarterly rise