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labour market

Influential RBNZ survey shows that even though the central bank has already hiked interest rates to fight inflation, people believe that high inflation is going to be with us for quite some time
12th May 22, 3:21pm
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Influential RBNZ survey shows that even though the central bank has already hiked interest rates to fight inflation, people believe that high inflation is going to be with us for quite some time
Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact
12th May 22, 11:14am
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Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact
BNZ economists say the chances of a recession increase by the day and they are predicting economic growth to 'stall' completely next year; house price falls to get worse
11th May 22, 1:30pm
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BNZ economists say the chances of a recession increase by the day and they are predicting economic growth to 'stall' completely next year; house price falls to get worse
Statistics New Zealand says private sector wage costs rose 3.1% in the past year
4th May 22, 11:04am
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Statistics New Zealand says private sector wage costs rose 3.1% in the past year
This week's labour market figures are expected to see unemployment drop even further, but arguably more important will be whether wage rates are starting to take off
2nd May 22, 11:20am
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This week's labour market figures are expected to see unemployment drop even further, but arguably more important will be whether wage rates are starting to take off
NZ faces rising living costs and higher unemployment at a time a large number of people already require government support
21st Apr 22, 5:17pm
by Jenée Tibshraeny
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NZ faces rising living costs and higher unemployment at a time a large number of people already require government support
David Hargreaves says we need to be keeping a close eye on what happens when households face - as they will - enormous increases in mortgage payments
20th Apr 22, 2:13pm
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David Hargreaves says we need to be keeping a close eye on what happens when households face - as they will - enormous increases in mortgage payments
ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
19th Apr 22, 2:44pm
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ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting
19th Apr 22, 9:51am
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RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting
David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market
13th Apr 22, 2:12pm
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David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market
Statistics New Zealand says the 7.6% annual hike in food prices is the biggest since 2011 - and that was affected by a GST rise; general inflation set to top 7% annual rate as at end of March
13th Apr 22, 11:15am
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Statistics New Zealand says the 7.6% annual hike in food prices is the biggest since 2011 - and that was affected by a GST rise; general inflation set to top 7% annual rate as at end of March
ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
11th Apr 22, 2:21pm
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ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
David Hargreaves examines two key speeches made this week that signal how bad inflation is getting - and why it will not be a short run thing
6th Apr 22, 11:52am
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David Hargreaves examines two key speeches made this week that signal how bad inflation is getting - and why it will not be a short run thing
David Hargreaves frets about developments in China and can see little hope for inflationary pressures easing in the short term
5th Apr 22, 2:34pm
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David Hargreaves frets about developments in China and can see little hope for inflationary pressures easing in the short term
ASB economists sticking with their pick of 25 basis point hikes at each of the next two RBNZ rate review, but concede the odds 'aren't much better than a coinflip at this point in proceedings'
4th Apr 22, 2:53pm
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ASB economists sticking with their pick of 25 basis point hikes at each of the next two RBNZ rate review, but concede the odds 'aren't much better than a coinflip at this point in proceedings'
ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
23rd Mar 22, 11:50am
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ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
ANZ economists say the Reserve Bank will need to 'move aggressively' to defend its inflation target from people's rising expectations - and that won't be good for economic growth
23rd Mar 22, 8:30am
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ANZ economists say the Reserve Bank will need to 'move aggressively' to defend its inflation target from people's rising expectations - and that won't be good for economic growth
Misery index favours Australia for the first time in 10 years - increased NZ living costs have 'turned the dial'
16th Mar 22, 11:18am
by Toby Allen
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Misery index favours Australia for the first time in 10 years - increased NZ living costs have 'turned the dial'
BNZ economists say they are raising their inflation forecasts on an almost daily basis while ASB economists are seeing a 'Costpocalypse'
14th Mar 22, 2:48pm
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BNZ economists say they are raising their inflation forecasts on an almost daily basis while ASB economists are seeing a 'Costpocalypse'
David Hargreaves assesses the economic landscape as the Reserve Bank gets inexorably drawn into a 'squeeze it to death' struggle with inflation
10th Mar 22, 9:17am
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David Hargreaves assesses the economic landscape as the Reserve Bank gets inexorably drawn into a 'squeeze it to death' struggle with inflation
ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
7th Mar 22, 3:45pm
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ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
David Hargreaves assesses the return of the old enemy - inflation expectations
1st Mar 22, 12:41pm
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David Hargreaves assesses the return of the old enemy - inflation expectations
David Hargreaves catches up on the things he missed during an extended summer break and concludes that 2022 is looking a lot like 2021 - but worse
16th Feb 22, 9:00am
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David Hargreaves catches up on the things he missed during an extended summer break and concludes that 2022 is looking a lot like 2021 - but worse
Hundreds of thousands of essential workers eligible to return to work quickly if they're a close contact of a Covid-19 case
15th Feb 22, 3:34pm
by Jenée Tibshraeny
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Hundreds of thousands of essential workers eligible to return to work quickly if they're a close contact of a Covid-19 case
BNZ economists now see inflation hitting 6.6% in the first quarter of this year
14th Feb 22, 2:24pm
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BNZ economists now see inflation hitting 6.6% in the first quarter of this year