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Household spending

Bernard Hickey challenges the idea the 'squeezed middle' need tax cuts or hand outs. The 'squeezed middle' is actually flush with cash, paying relatively little for their mortgages & their household incomes have grown faster than inflation since Covid
17th Jul 22, 6:00am
98
Bernard Hickey challenges the idea the 'squeezed middle' need tax cuts or hand outs. The 'squeezed middle' is actually flush with cash, paying relatively little for their mortgages & their household incomes have grown faster than inflation since Covid
[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
ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
27th Jun 22, 2:34pm
61
ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
Household median net worth increases but distribution remains steady: higher-wealth households still hold the lion's share of overall wealth and are growing it through property
3rd Mar 22, 1:42pm
by Toby Allen
3
Household median net worth increases but distribution remains steady: higher-wealth households still hold the lion's share of overall wealth and are growing it through property
Fourth quarter online spending up 45% year-on-year, with Kiwis splurging to the tune of $2.5 billion, NZ Post says
12th Feb 22, 9:20am
by Toby Allen
1
Fourth quarter online spending up 45% year-on-year, with Kiwis splurging to the tune of $2.5 billion, NZ Post says
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
by Toby Allen
18
Household net worth in September quarter up $479bn on a year ago, but movement becoming more modest in cooling property market
October online spending up 71% on last year and becoming the go-to for purchases of all sizes; shop local motivation still strong, NZ Post says
24th Nov 21, 12:24pm
by Toby Allen
October online spending up 71% on last year and becoming the go-to for purchases of all sizes; shop local motivation still strong, NZ Post says
ANZ economists say housing credit growth is being supported by falling mortgage rates, but any future downturn in the housing market would be expected to suppress spending and deepen the economic downturn
9th Oct 20, 10:16am
54
ANZ economists say housing credit growth is being supported by falling mortgage rates, but any future downturn in the housing market would be expected to suppress spending and deepen the economic downturn
Latest NZIER Quarterly Survey of Business Opinion shows worst level of business confidence since March 2009
2nd Oct 18, 10:09am
54
Latest NZIER Quarterly Survey of Business Opinion shows worst level of business confidence since March 2009
Westpac McDermott Miller survey shows the collapsing confidence contagion is spreading, with the lowest level of consumer confidence in six years
19th Sep 18, 9:55am
142
Westpac McDermott Miller survey shows the collapsing confidence contagion is spreading, with the lowest level of consumer confidence in six years
ANZ economists say the cost of building a new house has become more attractive relative to the cost of buying an existing one
18th Apr 18, 4:24pm
23
ANZ economists say the cost of building a new house has become more attractive relative to the cost of buying an existing one
ANZ economists say high house prices and associated high debt levels have seen consumer spending remain more subdued than might have been expected with the economy buoyant
9th Apr 18, 1:55pm
49
ANZ economists say high house prices and associated high debt levels have seen consumer spending remain more subdued than might have been expected with the economy buoyant
ANZ economists see house prices being capped by affordability constraints and new Government measures
19th Feb 18, 3:15pm
25
ANZ economists see house prices being capped by affordability constraints and new Government measures
Westpac economists say many are getting it wrong expecting interest rates to rise soon; they don't see a rise till late next year; a subdued housing market will be a key reason why
19th Feb 18, 11:14am
2
Westpac economists say many are getting it wrong expecting interest rates to rise soon; they don't see a rise till late next year; a subdued housing market will be a key reason why
ANZ economists say even though house prices look 'out of whack' with incomes, they can't see a sharp downward correction
31st Jan 18, 12:41pm
60
ANZ economists say even though house prices look 'out of whack' with incomes, they can't see a sharp downward correction
David Hargreaves tries to make sense of the various conflicting factors influencing the housing market as 2018 gets into swing
30th Jan 18, 4:08pm
30
David Hargreaves tries to make sense of the various conflicting factors influencing the housing market as 2018 gets into swing
Most homeowners still look 'reasonably well placed to meet mortgage commitments', ASB economists say; they see 'mild' house price rises this year
22nd Jan 18, 2:20pm
132
Most homeowners still look 'reasonably well placed to meet mortgage commitments', ASB economists say; they see 'mild' house price rises this year
Statistics New Zealand says housing costs increased 50.5% in the past decade, while household income rose just 42%
19th Oct 17, 11:29am
47
Statistics New Zealand says housing costs increased 50.5% in the past decade, while household income rose just 42%
RBNZ given free pass to chill, as retail banks expected to continue to raise mortgage and deposit rates to close funding gap
16th Jan 17, 4:18pm
28
RBNZ given free pass to chill, as retail banks expected to continue to raise mortgage and deposit rates to close funding gap
Keyu Jin expects that larger Chinese families will propel the long-awaited shift in the country's growth model
6th Jan 16, 9:15am
by Guest
3
Keyu Jin expects that larger Chinese families will propel the long-awaited shift in the country's growth model
Keyu Jin says that China's transition to a consumption-based economy will need to wait for the next generation
13th Nov 15, 5:03am
by Guest
3
Keyu Jin says that China's transition to a consumption-based economy will need to wait for the next generation
The motherhood penalty; Stevens hard to impress; US$2.5 tln not enough; Draghi creates a cash problem; household budgets; capital vs democracy; solar grunt; Dilbert & more
8th Sep 14, 10:30am
30
The motherhood penalty; Stevens hard to impress; US$2.5 tln not enough; Draghi creates a cash problem; household budgets; capital vs democracy; solar grunt; Dilbert & more
Spending on durable household items up 2.5% in March from February as total card spending rises 0.5%, Stats NZ says
11th Apr 11, 11:11am
16
Spending on durable household items up 2.5% in March from February as total card spending rises 0.5%, Stats NZ says
Opinion: Why bank economists are getting their forecasts so wrong
9th Feb 10, 10:15am
Opinion: Why bank economists are getting their forecasts so wrong
Credit applications fall as households hunker down for long recession
8th May 09, 2:27pm
Credit applications fall as households hunker down for long recession