Unemployment
BNZ says it has provided home loan support to 21k home loan customers & 17k business customers due to COVID-19; Sees economy contracting by about 9% in 2020 as unemployment pushes 10% and house prices drop by about 10%.
28th Apr 20, 9:59am
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BNZ says it has provided home loan support to 21k home loan customers & 17k business customers due to COVID-19; Sees economy contracting by about 9% in 2020 as unemployment pushes 10% and house prices drop by about 10%.
Climate Change Commission chairman Rod Carr sees opportunity to have a good think about what sort of tourism sector we want, raises idea of running it like one big national park
23rd Apr 20, 10:00am
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Climate Change Commission chairman Rod Carr sees opportunity to have a good think about what sort of tourism sector we want, raises idea of running it like one big national park
Kirdan Lees says the idea of lower local government rates for everyone doesn’t stack up and cutting rates would ultimately be counterproductive, leading to deferral of capital investments
22nd Apr 20, 3:01pm
56
Kirdan Lees says the idea of lower local government rates for everyone doesn’t stack up and cutting rates would ultimately be counterproductive, leading to deferral of capital investments
Mauldin Economics' Patrick Watson sees a new world emerging post-COVID-19 with changes for globalisation and labour market dynamics, and potential ahead for a Great Reset, or debt jubilee
16th Apr 20, 5:15pm
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Mauldin Economics' Patrick Watson sees a new world emerging post-COVID-19 with changes for globalisation and labour market dynamics, and potential ahead for a Great Reset, or debt jubilee
Kirdan Lees says $20 billion is the starting point of additional fiscal support that will be required from the Government for New Zealand's small and medium sized businesses
16th Apr 20, 8:03am
81
Kirdan Lees says $20 billion is the starting point of additional fiscal support that will be required from the Government for New Zealand's small and medium sized businesses
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
14th Apr 20, 12:28pm
31
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
Treasury sees unemployment returning to normal in four years and nominal GDP in two years' time - with much more government support; Finance Minister says additional support is "well advanced"
14th Apr 20, 10:31am
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Treasury sees unemployment returning to normal in four years and nominal GDP in two years' time - with much more government support; Finance Minister says additional support is "well advanced"
A debt jubilee, universal basic income and regionalism rather than globalisation, are among Steve Keen's key solutions to the COVID-19 pandemic and resulting steep economic downturn
12th Apr 20, 7:27am
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A debt jubilee, universal basic income and regionalism rather than globalisation, are among Steve Keen's key solutions to the COVID-19 pandemic and resulting steep economic downturn
Brian Fallow looks at the dire economic prognosis thanks to COVID-19, and probes the key issues and options for policy makers as they look ahead to a time when the virus is under control
8th Apr 20, 3:26pm
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Brian Fallow looks at the dire economic prognosis thanks to COVID-19, and probes the key issues and options for policy makers as they look ahead to a time when the virus is under control
Westpac economists say after a drop in the second half of this year house prices will next year slowly start returning to their 'pre-Covid-19 trajectory'
30th Mar 20, 1:13pm
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Westpac economists say after a drop in the second half of this year house prices will next year slowly start returning to their 'pre-Covid-19 trajectory'
Beneficiaries key beneficiaries of the Government's coronavirus economic relief package, but Brian Fallow is surprised by the restoration of the depreciation deduction on commercial and industrial properties
17th Mar 20, 2:57pm
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Beneficiaries key beneficiaries of the Government's coronavirus economic relief package, but Brian Fallow is surprised by the restoration of the depreciation deduction on commercial and industrial properties
Patrick Watson of Mauldin Economics argues if American capitalism gives people the basic things they want, the socialist threat will go away
29th Feb 20, 9:25am
17
Patrick Watson of Mauldin Economics argues if American capitalism gives people the basic things they want, the socialist threat will go away
BNZ economists caution that the hit to the NZ economy from our worsening Big Dry could be as bad as the impact from coronavirus and they say a recession is a 'very real risk'
17th Feb 20, 1:11pm
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BNZ economists caution that the hit to the NZ economy from our worsening Big Dry could be as bad as the impact from coronavirus and they say a recession is a 'very real risk'
Council of Trade Unions' Andrea Black on how employed people can end up paying disproportionately more tax than others do on their incomes
14th Feb 20, 10:00am
23
Council of Trade Unions' Andrea Black on how employed people can end up paying disproportionately more tax than others do on their incomes
Major bank economists are currently expecting a short, sharp, shock to economic growth in the first half of this year due to coronavirus - but they warn that the outlook is uncertain and unpredictable
10th Feb 20, 2:37pm
19
Major bank economists are currently expecting a short, sharp, shock to economic growth in the first half of this year due to coronavirus - but they warn that the outlook is uncertain and unpredictable
Kiwibank economist Mary Jo Vergara with a detailed crunch of some of the facts and figures and ongoing trends portraying the increasing role of women in the economy
7th Feb 20, 10:00am
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Kiwibank economist Mary Jo Vergara with a detailed crunch of some of the facts and figures and ongoing trends portraying the increasing role of women in the economy
Reserve Bank universally expected to keep the Official Cash Rate unchanged at next week's review but will point to the uncertainties around coronavirus and how that might affect the New Zealand economy
6th Feb 20, 9:08am
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Reserve Bank universally expected to keep the Official Cash Rate unchanged at next week's review but will point to the uncertainties around coronavirus and how that might affect the New Zealand economy
Statistics New Zealand says unemployment has fallen to 4.0% from 4.1%, while wages have risen by 2.6%, which is the most since 2009; RBNZ seen as putting interest rates on hold
5th Feb 20, 11:06am
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Statistics New Zealand says unemployment has fallen to 4.0% from 4.1%, while wages have risen by 2.6%, which is the most since 2009; RBNZ seen as putting interest rates on hold
With unemployment figures likely to be unchanged at 4.2% there's little pressure on the Reserve Bank to make changes when it next reviews the Official Cash Rate on February 12
3rd Feb 20, 11:07am
6
With unemployment figures likely to be unchanged at 4.2% there's little pressure on the Reserve Bank to make changes when it next reviews the Official Cash Rate on February 12
September quarter labour market data unlikely to be a game-changer for the RBNZ. Unemployment rate increases to 4.2%, wages rise to 2.4%
6th Nov 19, 11:00am
9
September quarter labour market data unlikely to be a game-changer for the RBNZ. Unemployment rate increases to 4.2%, wages rise to 2.4%
Economists divided over whether the RBNZ will next week look through labour market data in the same way it did when it cut interest rates by 50 points in August off the back of a low unemployment reading
4th Nov 19, 4:07pm
15
Economists divided over whether the RBNZ will next week look through labour market data in the same way it did when it cut interest rates by 50 points in August off the back of a low unemployment reading
International independent research firm Capital Economics says the risks are 'skewed' to the RBNZ making more cuts, possibly into negative interest rates - 'if the Government doesn't step up it's game soon'
9th Oct 19, 3:29pm
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International independent research firm Capital Economics says the risks are 'skewed' to the RBNZ making more cuts, possibly into negative interest rates - 'if the Government doesn't step up it's game soon'
When is being unemployed not unemployed? A true measure would show more teens are without jobs than people who have supposedly ‘retired’, writes former Treasury senior staffer Tony Burton
4th Sep 19, 7:34am
20
When is being unemployed not unemployed? A true measure would show more teens are without jobs than people who have supposedly ‘retired’, writes former Treasury senior staffer Tony Burton
Unemployment rate much lower than expected by the Reserve Bank and economists in June quarter; Falls to 11-year low of 3.9%; Wages increase 0.7% off back of minimum wage hikes; Outlook remains gloomy
6th Aug 19, 10:54am
100
Unemployment rate much lower than expected by the Reserve Bank and economists in June quarter; Falls to 11-year low of 3.9%; Wages increase 0.7% off back of minimum wage hikes; Outlook remains gloomy
ANZ chief economist Sharon Zollner now expects the Reserve Bank to cut interest rates three times before the end of 2019 to combat a global and domestic environment 'turning sour'
6th Aug 19, 9:50am
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ANZ chief economist Sharon Zollner now expects the Reserve Bank to cut interest rates three times before the end of 2019 to combat a global and domestic environment 'turning sour'