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Covid inquiry credits early response for saving lives but questions parts of $60b pandemic spending
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Covid inquiry credits early response for saving lives but questions parts of $60b pandemic spending
Labour market figures to be released in the coming week may show the unemployment rate hitting a nearly nine-year high - but the figures might also indicate the jobs market is now starting to stabilise
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Labour market figures to be released in the coming week may show the unemployment rate hitting a nearly nine-year high - but the figures might also indicate the jobs market is now starting to stabilise
ANZ economists believe firms have 'hoarded' labour in anticipation of economic recovery and may now be forced to 'right size' through layoffs - amplifying the unemployment rate; OCR may be forced below 2.5%
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ANZ economists believe firms have 'hoarded' labour in anticipation of economic recovery and may now be forced to 'right size' through layoffs - amplifying the unemployment rate; OCR may be forced below 2.5%
Labour market figures to be released in the coming week may show the unemployment rate rising to 5.3% from 5.1%, reflecting a mid-year 'stall' in the hoped-for economic recovery
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Labour market figures to be released in the coming week may show the unemployment rate rising to 5.3% from 5.1%, reflecting a mid-year 'stall' in the hoped-for economic recovery
Unemployment remained the same and wage pressures were muted in the March quarter
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Unemployment remained the same and wage pressures were muted in the March quarter
Labour market figures to be released in the coming week are likely to show a continuation of the recent rise in unemployment. David Hargreaves has a look at what we might expect
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Labour market figures to be released in the coming week are likely to show a continuation of the recent rise in unemployment. David Hargreaves has a look at what we might expect
Labour market figures to be released in the coming week, could show unemployment hitting 5% for the first time since a brief spike during the pandemic, but David Hargreaves says with interest rates now coming down employment levels may start to settle
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Labour market figures to be released in the coming week, could show unemployment hitting 5% for the first time since a brief spike during the pandemic, but David Hargreaves says with interest rates now coming down employment levels may start to settle
Labour market figures to be released in the coming week are expected to show sharply higher numbers of people out of work, but David Hargreaves says it would take a very substantial increase to surprise the Reserve Bank
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Labour market figures to be released in the coming week are expected to show sharply higher numbers of people out of work, but David Hargreaves says it would take a very substantial increase to surprise the Reserve Bank
Xero says the country's small businesses are reporting continuing sales declines and slowing wages growth
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Xero says the country's small businesses are reporting continuing sales declines and slowing wages growth
Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
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Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
Xero says monthly small business sales fell by the most in June since May 2020 during the pandemic lockdown
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Xero says monthly small business sales fell by the most in June since May 2020 during the pandemic lockdown
Labour market figures out in the coming week tipped to show unemployment rising from the last recorded 3.9% rate to 4.2% or higher
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Labour market figures out in the coming week tipped to show unemployment rising from the last recorded 3.9% rate to 4.2% or higher
The Reserve Bank expects labour market figures out in the coming week to show a further rise in unemployment. As long as the central bank gets its wish then the Official Cash Rate will remain 'on hold' after the next review in November
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The Reserve Bank expects labour market figures out in the coming week to show a further rise in unemployment. As long as the central bank gets its wish then the Official Cash Rate will remain 'on hold' after the next review in November
New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
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New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
If the economy develops as expected, with very weak economic activity and falling inflation, then 'we should start talking more about rate cuts as we head into next year', Kiwibank economists say
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If the economy develops as expected, with very weak economic activity and falling inflation, then 'we should start talking more about rate cuts as we head into next year', Kiwibank economists say