Unemployment

[Updated]
14th May 20, 2:03pm
Budget 2020 sees another $16 billion allocated towards COVID relief packages, including an extended wage subsidy; Treasury forecasts a $28 billion budget deficit in 2020 and a $60 billion bond issuance programme for 2021
[Updated]
Budget 2020 sees another $16 billion allocated towards COVID relief packages, including an extended wage subsidy; Treasury forecasts a $28 billion budget deficit in 2020 and a $60 billion bond issuance programme for 2021
14th May 20, 2:03pm
7th May 20, 3:22pm
The onset of the Covid-19 crisis has sent expectations of inflation over the next two years plummeting to new lows in a new influential RBNZ survey; house price drop of nearly 5.5% seen in next year
The onset of the Covid-19 crisis has sent expectations of inflation over the next two years plummeting to new lows in a new influential RBNZ survey; house price drop of nearly 5.5% seen in next year
7th May 20, 3:22pm
6th May 20, 2:00pm
Despite the apparent shunning, by the masses, of cash, the amount of cash in circulation has never been higher - and there was plenty of it moving around before the start of the lockdown
Despite the apparent shunning, by the masses, of cash, the amount of cash in circulation has never been higher - and there was plenty of it moving around before the start of the lockdown
6th May 20, 2:00pm
6th May 20, 1:50pm
David Hargreaves says the Government now needs to trust the people and let the economy be opened up again otherwise the unseen costs could be very high
David Hargreaves says the Government now needs to trust the people and let the economy be opened up again otherwise the unseen costs could be very high
6th May 20, 1:50pm
6th May 20, 11:01am
Statistics New Zealand says unemployment edged up to 4.2% at the end of the March quarter from 4% previously
Statistics New Zealand says unemployment edged up to 4.2% at the end of the March quarter from 4% previously
6th May 20, 11:01am
5th May 20, 7:45am
Westpac NZ takes 'conservative' position on loan provisioning in uncertain COVID-19 dominated world, chief financial officer Ian Hankins says
Westpac NZ takes 'conservative' position on loan provisioning in uncertain COVID-19 dominated world, chief financial officer Ian Hankins says
5th May 20, 7:45am
3rd May 20, 9:19am
Stephen Toplis says that despite winning the virus battle, it is no time for complacency. The economic costs will be massive and we will be left with enduring problems
Stephen Toplis says that despite winning the virus battle, it is no time for complacency. The economic costs will be massive and we will be left with enduring problems
3rd May 20, 9:19am
[Updated]
28th Apr 20, 9:59am
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%.
[Updated]
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
23rd Apr 20, 10:00am
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
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
22nd Apr 20, 3:01pm
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
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
16th Apr 20, 5:15pm
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
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
16th Apr 20, 8:03am
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
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
14th Apr 20, 12:28pm
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
14th Apr 20, 12:28pm
[Updated]
14th Apr 20, 10:31am
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"
[Updated]
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
12th Apr 20, 7:27am
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
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
8th Apr 20, 3:26pm
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
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
30th Mar 20, 1:13pm
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'
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
17th Mar 20, 2:57pm
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
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
29th Feb 20, 9:25am
Patrick Watson of Mauldin Economics argues if American capitalism gives people the basic things they want, the socialist threat will go away
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
17th Feb 20, 1:11pm
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'
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
14th Feb 20, 10:00am
Council of Trade Unions' Andrea Black on how employed people can end up paying disproportionately more tax than others do on their incomes
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
10th Feb 20, 2:37pm
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
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
7th Feb 20, 10:00am
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
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
6th Feb 20, 9:08am
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
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
5th Feb 20, 11:06am
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
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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