Unemployment
The old favourites - Covid, closed borders and hot houses - ruled the year again. But Covid got much more up close and personal, and there's a menacing 'new', but familiar-looking, kid in town. David Hargreaves shares his views on the year that was
7th Dec 21, 9:30am
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The old favourites - Covid, closed borders and hot houses - ruled the year again. But Covid got much more up close and personal, and there's a menacing 'new', but familiar-looking, kid in town. David Hargreaves shares his views on the year that was
ANZ economists say interest rate hikes will be tough - but ongoing high inflation would be worse
2nd Dec 21, 1:23pm
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ANZ economists say interest rate hikes will be tough - but ongoing high inflation would be worse
In its setting of monetary policy the Reserve Bank must target 'maximum sustainable employment.' So just what is this?
2nd Dec 21, 7:00am
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In its setting of monetary policy the Reserve Bank must target 'maximum sustainable employment.' So just what is this?
Economists at three of the four largest banks now see house prices dropping in 2022
1st Dec 21, 1:49pm
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Economists at three of the four largest banks now see house prices dropping in 2022
BNZ economists anticipate ongoing interest rate increases and constrained household spending; a recession is 'possible' but not their 'central scenario' barring an external shock
22nd Nov 21, 2:12pm
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BNZ economists anticipate ongoing interest rate increases and constrained household spending; a recession is 'possible' but not their 'central scenario' barring an external shock
The RBNZ's own much-watched Survey of Expectations shows that inflation's expected to be around 3% in two years time; survey results may spark increased speculation of a 50 basis point lift to the Official Cash Rate next week
18th Nov 21, 3:24pm
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The RBNZ's own much-watched Survey of Expectations shows that inflation's expected to be around 3% in two years time; survey results may spark increased speculation of a 50 basis point lift to the Official Cash Rate next week
Benje Patterson says many households will need to tighten their belts due to higher mortgage payments. The burden of this adjustment will be unevenly spread across the economy and fall on sectors which rely on discretionary expenditure
18th Nov 21, 9:29am
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Benje Patterson says many households will need to tighten their belts due to higher mortgage payments. The burden of this adjustment will be unevenly spread across the economy and fall on sectors which rely on discretionary expenditure
Westpac's head of NZ strategy Imre Speizer says the current rush to fix mortgages is likely to continue into next year, which will keep pressure on swap rates
17th Nov 21, 12:35pm
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Westpac's head of NZ strategy Imre Speizer says the current rush to fix mortgages is likely to continue into next year, which will keep pressure on swap rates
Kiwibank economists, who have this year been highlighting upside risks to interest rates now say some wholesale rates have gone too far and will be 'pulled down'
15th Nov 21, 1:40pm
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Kiwibank economists, who have this year been highlighting upside risks to interest rates now say some wholesale rates have gone too far and will be 'pulled down'
BNZ economists say the single biggest uncertainty facing the economy over the next twelve months is how business and consumer sentiment responds to endemic Covid
8th Nov 21, 3:12pm
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BNZ economists say the single biggest uncertainty facing the economy over the next twelve months is how business and consumer sentiment responds to endemic Covid
Westpac economists say two-year fixed mortgage rates are already closer to their peak than their trough in the current cycle
8th Nov 21, 1:36pm
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Westpac economists say two-year fixed mortgage rates are already closer to their peak than their trough in the current cycle
Westpac acting chief economist Michael Gordon says the starting point for the NZ economy in this cycle is 'wildly stronger' than the Reserve Bank expected, and the upside risks for inflation are growing
4th Nov 21, 8:47am
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Westpac acting chief economist Michael Gordon says the starting point for the NZ economy in this cycle is 'wildly stronger' than the Reserve Bank expected, and the upside risks for inflation are growing
Latest labour market figures blow all economists' expectations out of the water once again
3rd Nov 21, 11:05am
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Latest labour market figures blow all economists' expectations out of the water once again
This week's labour market figures seem set to be 'noisy' due to Covid disruptions, but should show falling unemployment and rising wage levels
1st Nov 21, 10:51am
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This week's labour market figures seem set to be 'noisy' due to Covid disruptions, but should show falling unemployment and rising wage levels
Economist Brian Easton has a crunch of minimum wages facts and thinking
Kiwibank economists say there's currently an 'imbalance' in the wholesale interest rate markets and they see more 'upside risk' for mortgage rates
26th Oct 21, 3:15pm
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Kiwibank economists say there's currently an 'imbalance' in the wholesale interest rate markets and they see more 'upside risk' for mortgage rates
A reassessment of the likely average cost of borrowing over the next few years poses a challenge to asset valuations that underpin household wealth, ANZ economists say
20th Oct 21, 8:42am
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A reassessment of the likely average cost of borrowing over the next few years poses a challenge to asset valuations that underpin household wealth, ANZ economists say
With the Reserve Bank now needing to consider full employment as part of its mandate, attempts to rein in galloping inflation could have consequences
19th Oct 21, 3:37pm
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With the Reserve Bank now needing to consider full employment as part of its mandate, attempts to rein in galloping inflation could have consequences
The 2.8% June quarter GDP rise beat market expectations of 1.2% and was up from a revised 1.4% in March
16th Sep 21, 11:01am
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The 2.8% June quarter GDP rise beat market expectations of 1.2% and was up from a revised 1.4% in March
Another big lockdown has once again changed the economic picture enormously, but GDP figures for the past quarter will still tell us some important things
13th Sep 21, 10:35am
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Another big lockdown has once again changed the economic picture enormously, but GDP figures for the past quarter will still tell us some important things
David Hargreaves asks if the country's largest airport just made its first loss since sharemarket listing over 20 years ago - or actually reaped a profit of over $1 billion
19th Aug 21, 10:09am
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David Hargreaves asks if the country's largest airport just made its first loss since sharemarket listing over 20 years ago - or actually reaped a profit of over $1 billion
ANZ economists point to a 'sharp disconnect' between what NZ analysts and offshore pundits believe the Reserve Bank will do on interest rates this week
16th Aug 21, 2:49pm
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ANZ economists point to a 'sharp disconnect' between what NZ analysts and offshore pundits believe the Reserve Bank will do on interest rates this week
Is the Reserve Bank's focus on the moveable feast of maximum sustainable employment appropriate, or could something like a government job guarantee be a better way of dealing with unemployment?
15th Aug 21, 6:01am
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Is the Reserve Bank's focus on the moveable feast of maximum sustainable employment appropriate, or could something like a government job guarantee be a better way of dealing with unemployment?
The RBNZ's own much-watched Survey of Expectations has revealed another lift in the anticipated level of inflation in two years' time from 2.05% to 2.27%
12th Aug 21, 3:10pm
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The RBNZ's own much-watched Survey of Expectations has revealed another lift in the anticipated level of inflation in two years' time from 2.05% to 2.27%
ASB economists say the Reserve Bank 'should consider' starting lifting interest rates with a 50 basis-point rise and say the central bank could use interest rates to 'douse the housing market'
9th Aug 21, 12:56pm
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ASB economists say the Reserve Bank 'should consider' starting lifting interest rates with a 50 basis-point rise and say the central bank could use interest rates to 'douse the housing market'
