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Economy

"While the rise in the headline unemployment rate might make it look like the labour market is getting worse - dig a little deeper, economists say, and there’s early signs of improvement."

by Mandy Te

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"We can see from the figures for all existing mortgages that there have been some big moves - and finally some mortgage holders have seen the time as now right to 'go long'."

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jobs market

The Reserve Bank of New Zealand in Wellington, 2024

Weaker job market calls for two OCR cuts, BNZ says

BNZ believes the Reserve Bank should keep cutting interest rates, while Finance Minister Nicola Willis says she's 'pumping cash' into the economy to create jobs

6th Aug 25, 2:42pm

by Dan Brunskill

BNZ believes the Reserve Bank should keep cutting interest rates, while Finance Minister Nicola Willis says she's 'pumping cash' into the economy to create jobs

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