Australian economy

Xero warns rising wages are a pressure point for small businesses that will ultimately drive up the cost of operations and could contribute to inflation if not matched by increased productivity

Xero warns rising wages are a pressure point for small businesses that will ultimately drive up the cost of operations and could contribute to inflation if not matched by increased productivity

Misery index favours Australia for the first time in 10 years - increased NZ living costs have 'turned the dial'

Misery index favours Australia for the first time in 10 years - increased NZ living costs have 'turned the dial'

Small business performance only slightly below average, but Omicron trouble overseas outlines the challenges local businesses will need to brace for, says Xero Small Business Index

Small business performance only slightly below average, but Omicron trouble overseas outlines the challenges local businesses will need to brace for, says Xero Small Business Index

Capital Economics thinks the RBA's growth assumptions are too optimistic and sees them cutting both these forecasts and their policy interest rate

Capital Economics thinks the RBA's growth assumptions are too optimistic and sees them cutting both these forecasts and their policy interest rate

Auckland's housing market is not going to be getting any help from Australia's flat-lining labour market any time soon as net migration levels to NZ look set to stay high

Auckland's housing market is not going to be getting any help from Australia's flat-lining labour market any time soon as net migration levels to NZ look set to stay high

Malcolm Turnbull to force big bank CEOs to appear before parliamentarians to explain how their key decisions affect pricing and the wider economy. Bankers respond

Malcolm Turnbull to force big bank CEOs to appear before parliamentarians to explain how their key decisions affect pricing and the wider economy. Bankers respond

Goldman Sachs economists forecast NZ dollar to rise strongly against its Australian counterpart over the next 12 months

Goldman Sachs economists forecast NZ dollar to rise strongly against its Australian counterpart over the next 12 months

Finance Minister English 'a wee bit less worried' about outlook for Australian, Chinese economies; Govt surplus target a 'challenge'

Finance Minister English 'a wee bit less worried' about outlook for Australian, Chinese economies; Govt surplus target a 'challenge'

NZIER warns Australian slowdown biggest risk to NZ economic recovery; Also says recession possible if overheating housing market falls away

NZIER warns Australian slowdown biggest risk to NZ economic recovery; Also says recession possible if overheating housing market falls away

Reserve Bank of Australia leaves interest rates unchanged but still sees further downside economic risks

Reserve Bank of Australia leaves interest rates unchanged but still sees further downside economic risks