Coronavirus
National's first economic policy under Muller's leadership: A $10k cash payment to businesses for every new full-time hire - payment capped at $100k
29th May 20, 12:36pm
105
National's first economic policy under Muller's leadership: A $10k cash payment to businesses for every new full-time hire - payment capped at $100k
Brian Fallow provides a timely reminder that NZ banks are reliant on imported credit, the flip side of NZ households’ collective tendency to spend more than their income
29th May 20, 9:01am
35
Brian Fallow provides a timely reminder that NZ banks are reliant on imported credit, the flip side of NZ households’ collective tendency to spend more than their income
Economists at the country's biggest bank say based on their bank's card data, spending has returned to 'normal' - but there's no sign of any catch-up on spending that was 'lost' during lockdown
28th May 20, 2:40pm
44
Economists at the country's biggest bank say based on their bank's card data, spending has returned to 'normal' - but there's no sign of any catch-up on spending that was 'lost' during lockdown
ANZ Business Outlook for May: 'While the outright disruption is easing, the recession is just getting started'
28th May 20, 1:16pm
30
ANZ Business Outlook for May: 'While the outright disruption is easing, the recession is just getting started'
RBNZ Deputy Governor Geoff Bascand says deposit rates could drop to zero and some savers might want to put their money to work elsewhere
28th May 20, 12:02pm
125
RBNZ Deputy Governor Geoff Bascand says deposit rates could drop to zero and some savers might want to put their money to work elsewhere
Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999
28th May 20, 11:50am
14
Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999
HSBC could quit small, non-strategic countries including New Zealand, the Financial Times suggests. HSBC NZ says business constantly reviewed but Asia will continue to be a core engine for business growth
28th May 20, 9:51am
8
HSBC could quit small, non-strategic countries including New Zealand, the Financial Times suggests. HSBC NZ says business constantly reviewed but Asia will continue to be a core engine for business growth
Peter Dunne says the Government will be worried that soon public concern about the social and economic impact of Covid19 - already sharply on the rise - will overtake support for the approach the Government has taken so far
28th May 20, 8:33am
321
Peter Dunne says the Government will be worried that soon public concern about the social and economic impact of Covid19 - already sharply on the rise - will overtake support for the approach the Government has taken so far
The Productivity Commission's Hamed Shafiee says the goal should not be simply to rebuild the economy we had, but to shift gear and find new ways for the economy to reach its full potential
28th May 20, 5:02am
17
The Productivity Commission's Hamed Shafiee says the goal should not be simply to rebuild the economy we had, but to shift gear and find new ways for the economy to reach its full potential
RBNZ Governor Adrian Orr says bank regulatory capital increases on ice during COVID-19 crisis remain very much in the regulator's plans
28th May 20, 5:00am
5
RBNZ Governor Adrian Orr says bank regulatory capital increases on ice during COVID-19 crisis remain very much in the regulator's plans
Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
27th May 20, 11:34am
156
Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
27th May 20, 10:51am
24
The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
Reserve Bank says banks' loan losses will 'rise materially from current low levels', however they should be able to cope in all but the most severe scenarios
27th May 20, 9:44am
155
Reserve Bank says banks' loan losses will 'rise materially from current low levels', however they should be able to cope in all but the most severe scenarios
Outcome of international assessment of NZ's efforts to combat money laundering and terrorism financing delayed until 2021 thanks to COVID-19 pandemic
27th May 20, 9:24am
Outcome of international assessment of NZ's efforts to combat money laundering and terrorism financing delayed until 2021 thanks to COVID-19 pandemic
ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
27th May 20, 5:02am
61
ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
Revenue and Small Business Minister Stuart Nash seeking advice on extending the one month timeframe for loan applications to the Small Business Cashflow Loan Scheme
27th May 20, 5:00am
7
Revenue and Small Business Minister Stuart Nash seeking advice on extending the one month timeframe for loan applications to the Small Business Cashflow Loan Scheme
Despite the uncertainties, there is emerging evidence as to how COVID-19 is now likely to play out, both in New Zealand and across the globe. Identifying these scenarios is fundamental to subsequent response strategies for economic recovery
26th May 20, 7:51pm
86
Despite the uncertainties, there is emerging evidence as to how COVID-19 is now likely to play out, both in New Zealand and across the globe. Identifying these scenarios is fundamental to subsequent response strategies for economic recovery
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
26th May 20, 3:30pm
14
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
Benje Patterson casts an eye over the entrepreneurial spirit that saw 3,136 businesses started across New Zealand during April when the country was in lockdown
26th May 20, 11:19am
10
Benje Patterson casts an eye over the entrepreneurial spirit that saw 3,136 businesses started across New Zealand during April when the country was in lockdown
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
26th May 20, 10:17am
6
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
BNZ's auditor warns of the uncertainties of COVID-19's impact, while Westpac NZ flags highly impacted customers as those in industries exposed to social distancing, travel, and supply chain disruption
26th May 20, 9:23am
BNZ's auditor warns of the uncertainties of COVID-19's impact, while Westpac NZ flags highly impacted customers as those in industries exposed to social distancing, travel, and supply chain disruption
Community sport, religious gatherings and weddings get green light as gatherings of up to 100 people allowed from Friday
25th May 20, 5:19pm
24
Community sport, religious gatherings and weddings get green light as gatherings of up to 100 people allowed from Friday
Terry Baucher has more on the Small Business Cash Flow scheme, Inland Revenue's guidance on the sharing economy. And a reminder about the rules around employees claiming home office expenditure
25th May 20, 11:07am
2
Terry Baucher has more on the Small Business Cash Flow scheme, Inland Revenue's guidance on the sharing economy. And a reminder about the rules around employees claiming home office expenditure
Prime Minister Jacinda Ardern says trans-tasman bubble needs to wait for Australia's states to reopen their borders to each other first
25th May 20, 11:01am
35
Prime Minister Jacinda Ardern says trans-tasman bubble needs to wait for Australia's states to reopen their borders to each other first
People who lose their jobs could be eligible for a $250-$490 a week payment for 12 weeks under a new COVID-19 relief scheme
25th May 20, 10:35am
112
People who lose their jobs could be eligible for a $250-$490 a week payment for 12 weeks under a new COVID-19 relief scheme