Economy
[updated]
Stats NZ figures show that total card spending fell by 1.9% in May, with only one industry seeing a rise; spending 'much weaker than expected' in the month; consumer spending likely to 'remain soggy' over the second half of the year
12th Jun 23, 11:23am
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Stats NZ figures show that total card spending fell by 1.9% in May, with only one industry seeing a rise; spending 'much weaker than expected' in the month; consumer spending likely to 'remain soggy' over the second half of the year
Brian Easton asks: Was another IT debacle inevitable given the management arrangements?
12th Jun 23, 8:53am
1
Brian Easton asks: Was another IT debacle inevitable given the management arrangements?
Roger J Kerr says the NZ dollar's performance has been marginally better than many have expected, based on the impending economic recession in New Zealand, coupled with an external Current Account deficit blow-out
12th Jun 23, 8:38am
3
Roger J Kerr says the NZ dollar's performance has been marginally better than many have expected, based on the impending economic recession in New Zealand, coupled with an external Current Account deficit blow-out
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
18
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
Angela McGaughran says New Zealand needs to up its biosecurity game to protect the country from the next devastating pest threat
8th Jun 23, 10:44am
11
Angela McGaughran says New Zealand needs to up its biosecurity game to protect the country from the next devastating pest threat
Westpac economists bemoan our inability to export enough cheese at a time of soaring global prices and have downgraded their forecast for Fonterra's milk price this season
7th Jun 23, 2:56pm
7
Westpac economists bemoan our inability to export enough cheese at a time of soaring global prices and have downgraded their forecast for Fonterra's milk price this season
Roger J Kerr says US interest rates are set to reverse and turn lower again while Aussie interest rates will keep pushing higher. H e says the NZD/USD will closely track the AUD moves
5th Jun 23, 9:10am
1
Roger J Kerr says US interest rates are set to reverse and turn lower again while Aussie interest rates will keep pushing higher. H e says the NZD/USD will closely track the AUD moves
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
18
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 Treasury has released its budget economic forecasts. Economist Brian Easton asks: What do the forecasts say about the economy over the next four months?
29th May 23, 11:57am
5
The Treasury has released its budget economic forecasts. Economist Brian Easton asks: What do the forecasts say about the economy over the next four months?
After another surprise from Reserve Bank Governor Adrian Orr, Roger J Kerr asks: Where to from here?
29th May 23, 8:12am
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After another surprise from Reserve Bank Governor Adrian Orr, Roger J Kerr asks: Where to from here?
David Seymour and Nicola Willis question whether the Reserve Bank is downplaying the inflationary impact of Government spending
25th May 23, 11:36am
40
David Seymour and Nicola Willis question whether the Reserve Bank is downplaying the inflationary impact of Government spending
With just days to go to the end of the current season, Fonterra has downgraded its milk price forecast to an implied $8.20, while its first forecast price for the new season implies a price of $8; is promising a 'strong' dividend
25th May 23, 10:01am
14
With just days to go to the end of the current season, Fonterra has downgraded its milk price forecast to an implied $8.20, while its first forecast price for the new season implies a price of $8; is promising a 'strong' dividend
Opposition politicians have a range of negative views on the Reserve Bank's decision to raise the Official Cash Rate by 25 points
24th May 23, 4:27pm
7
Opposition politicians have a range of negative views on the Reserve Bank's decision to raise the Official Cash Rate by 25 points
[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
[updated]
Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter
24th May 23, 11:45am
20
Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter
COVID-19’s total cost to the economy in US will reach US$14 trillion by end of 2023 – new research
22nd May 23, 3:54pm
8
COVID-19’s total cost to the economy in US will reach US$14 trillion by end of 2023 – new research
Roger J Kerr says the recent rises in the US interest rates and US currency are unlikely to be sustained
22nd May 23, 8:58am
2
Roger J Kerr says the recent rises in the US interest rates and US currency are unlikely to be sustained
Eric Crampton and Craig Renney give their takes on the Budget
Economists hold slightly different views of the Budget's economic forecasts, but feel it reveals NZ to be stronger than was feared
18th May 23, 3:42pm
1
Economists hold slightly different views of the Budget's economic forecasts, but feel it reveals NZ to be stronger than was feared
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'
Economist Brian Easton says when fantasyland collapses it will be the smaller economies which will suffer most – unless they take precautions
15th May 23, 9:05am
1
Economist Brian Easton says when fantasyland collapses it will be the smaller economies which will suffer most – unless they take precautions
Roger J Kerr says the Kiwi dollar's latest set-back appears very temporary
Finance Minister Grant Robertson says the Budget will focus on fiscal sustainability and delivering core services
11th May 23, 10:12am
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Finance Minister Grant Robertson says the Budget will focus on fiscal sustainability and delivering core services