labour market
The Reserve Bank of NZ will likely lift the Official Cash Rate 25 basis points on Wednesday and give little else away
2nd Apr 23, 6:00am
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The Reserve Bank of NZ will likely lift the Official Cash Rate 25 basis points on Wednesday and give little else away
Labour market pressures hit banks as annual personnel costs rise almost $250 million
15th Mar 23, 10:18am
5
Labour market pressures hit banks as annual personnel costs rise almost $250 million
Ross Stitt says Australian pay rates are emerging as a major draw card as the country strives to attract skilled workers from overseas
15th Mar 23, 7:46am
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Ross Stitt says Australian pay rates are emerging as a major draw card as the country strives to attract skilled workers from overseas
ANZ economists say services-sector inflation is showing no signs of slowing and should that continue we may see inflation 'get stuck' above the targeted 1% to 3% band
7th Mar 23, 11:43am
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ANZ economists say services-sector inflation is showing no signs of slowing and should that continue we may see inflation 'get stuck' above the targeted 1% to 3% band
Influential RBNZ survey shows substantial drop in expectations of inflation in two years time - albeit that at 3.3% the survey respondents still see inflation outside the targeted band in 2025
14th Feb 23, 3:25pm
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Influential RBNZ survey shows substantial drop in expectations of inflation in two years time - albeit that at 3.3% the survey respondents still see inflation outside the targeted band in 2025
[updated]
Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call
1st Feb 23, 11:01am
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Statistics New Zealand says the unemployment rate has risen to 3.4% from 3.3%; it was widely expected to fall; private sector hourly wage growth has slowed to 8.1% from 8.6% when it was expected to rise: BNZ economists change OCR call
The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
29th Jan 23, 6:00am
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The Reserve Bank will be looking for any signs that the jobs market is cooling when new figures are released in the coming week. David Hargreaves says it might not get these signs. Not yet, anyway
[updated]
Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
13th Dec 22, 11:08am
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Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
Putting a spotlight on the Reserve Bank's inflation fight with Fisher Funds Management's David McLeish
3rd Dec 22, 9:00am
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Putting a spotlight on the Reserve Bank's inflation fight with Fisher Funds Management's David McLeish
David Hargreaves highlights some of the issues he's looking out for in 2023. There are a lot of them, so, this is going to be part I of a two-parter
2nd Dec 22, 10:40am
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David Hargreaves highlights some of the issues he's looking out for in 2023. There are a lot of them, so, this is going to be part I of a two-parter
Assistant Governor Karen Silk explains what needs to happen for the Reserve Bank to moderate its hawkish monetary policy outlook
29th Nov 22, 12:54pm
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Assistant Governor Karen Silk explains what needs to happen for the Reserve Bank to moderate its hawkish monetary policy outlook
Kiwibank Chief Economist Jarrod Kerr on what needs to happen before the Reserve Bank takes its foot off the rate hike pedal
16th Nov 22, 10:42am
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Kiwibank Chief Economist Jarrod Kerr on what needs to happen before the Reserve Bank takes its foot off the rate hike pedal
BNZ economists say they think the Reserve Bank would 'prefer' to hike the OCR by just 50 basis points rather than the 75 that is widely expected in the markets
14th Nov 22, 2:46pm
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BNZ economists say they think the Reserve Bank would 'prefer' to hike the OCR by just 50 basis points rather than the 75 that is widely expected in the markets
It will take a 'concerted effort' to squash wage-price spiral dynamics 'that are becoming ever more established' in New Zealand, ANZ economists say
14th Nov 22, 10:31am
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It will take a 'concerted effort' to squash wage-price spiral dynamics 'that are becoming ever more established' in New Zealand, ANZ economists say
Fighting inflation doesn’t directly cause unemployment – but that’s still the most likely outcome
11th Nov 22, 5:00am
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Fighting inflation doesn’t directly cause unemployment – but that’s still the most likely outcome
In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become
9th Nov 22, 2:13pm
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In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become
Influential RBNZ survey shows considerable rise in expectations of inflation in two years time, with a rate of 3.62%, and even the much longer-term expectations for five years and 10 years have risen above the RBNZ's explicit 2% target
8th Nov 22, 3:23pm
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Influential RBNZ survey shows considerable rise in expectations of inflation in two years time, with a rate of 3.62%, and even the much longer-term expectations for five years and 10 years have risen above the RBNZ's explicit 2% target
[updated]
Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
2nd Nov 22, 11:00am
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Statistics New Zealand says the unemployment rate has remained at 3.3%; but private sector hourly wages have risen more than anybody forecast - which could have big ramifications for interest rate rises; RBNZ says employment situation 'not sustainable'
David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation
30th Oct 22, 6:00am
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David Hargreaves says labour market figures due to be released in the forthcoming week are arguably more important than the recent inflation figures. That's because they could have a big impact on... inflation
Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
27th Oct 22, 10:21am
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Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
Tourism Industry Aotearoa's Chief Executive on the challenges of resuming overseas tourism and striving to be regenerative
26th Oct 22, 10:05am
4
Tourism Industry Aotearoa's Chief Executive on the challenges of resuming overseas tourism and striving to be regenerative
Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
13th Oct 22, 11:12am
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Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
21st Sep 22, 11:37am
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ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
Survey reveals two-thirds of NZ employees want more work-life flexibility – how should employers respond?
19th Sep 22, 12:44pm
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Survey reveals two-thirds of NZ employees want more work-life flexibility – how should employers respond?
Economists at NZ's biggest bank lift their forecast OCR peak by 75 basis points, also see neutral OCR well up on RBNZ's last estimate
17th Sep 22, 7:56am
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Economists at NZ's biggest bank lift their forecast OCR peak by 75 basis points, also see neutral OCR well up on RBNZ's last estimate