Household spending

Westpac-McDermott Miller Consumer Confidence Index shows consumer confidence in the June quarter dropped to the lowest level since 2023 due to the Middle East conflict, fuel and living costs

Westpac-McDermott Miller Consumer Confidence Index shows consumer confidence in the June quarter dropped to the lowest level since 2023 due to the Middle East conflict, fuel and living costs

Westpac NZ says higher living costs due to Middle East conflict to reduce spending and disposable income, weaken housing market

Westpac NZ says higher living costs due to Middle East conflict to reduce spending and disposable income, weaken housing market

Stephen Roach thinks the next Chinese five-year plan should set a goal of raising household spending to 50% of GDP by 2035

Stephen Roach thinks the next Chinese five-year plan should set a goal of raising household spending to 50% of GDP by 2035

Zhang Jun singles out China's massive scale, inclusive education, and horizontal competition as key reasons for its manufacturing success

Zhang Jun singles out China's massive scale, inclusive education, and horizontal competition as key reasons for its manufacturing success

Zhang Jun thinks China's policymakers should focus on providing more income support and social protections

Zhang Jun thinks China's policymakers should focus on providing more income support and social protections

Zhang Jun outlines Chinese policymakers' tasks as the country's growth model confronts new sources of uncertainty

Zhang Jun outlines Chinese policymakers' tasks as the country's growth model confronts new sources of uncertainty

Statistics New Zealand figures show household net worth dropped by $47 billion in the June quarter, while total income fell for the first time since this data series began in 2016

Statistics New Zealand figures show household net worth dropped by $47 billion in the June quarter, while total income fell for the first time since this data series began in 2016

Zhang Jun thinks Chinese households are spending more than official data indicates, but more support is needed

Zhang Jun thinks Chinese households are spending more than official data indicates, but more support is needed

ASB economists say they hope that households will base their future decisions 'on a more realistic outlook' for household incomes, house prices and borrowing costs

ASB economists say they hope that households will base their future decisions 'on a more realistic outlook' for household incomes, house prices and borrowing costs

Statistics New Zealand figures show household net worth increased by $7.8 billion in the March 2024 quarter, even though house and land values dropped by $2 billion

Statistics New Zealand figures show household net worth increased by $7.8 billion in the March 2024 quarter, even though house and land values dropped by $2 billion

Statistics New Zealand figures show household net worth increased by $5.3 billion in the September 2023 quarter, while savings rates remained steady

Statistics New Zealand figures show household net worth increased by $5.3 billion in the September 2023 quarter, while savings rates remained steady

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

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

Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far

Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far

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

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

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

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