economic projections
Just at the moment the bank is looking like an increasingly temporary place to park your money. David Hargreaves has a look at the latest deposit statistics
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Just at the moment the bank is looking like an increasingly temporary place to park your money. David Hargreaves has a look at the latest deposit statistics
ANZ economists say housing credit growth is being supported by falling mortgage rates, but any future downturn in the housing market would be expected to suppress spending and deepen the economic downturn
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ANZ economists say housing credit growth is being supported by falling mortgage rates, but any future downturn in the housing market would be expected to suppress spending and deepen the economic downturn
David Hargreaves has another wrestle with the latest savings and borrowing statistics
David Hargreaves is trying to keep tabs on Kiwis' spending and saving habits during the pandemic
The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
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The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
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
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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
Westpac chief economist says new Treasury scenarios provide a strong justification for 'massively more' fiscal stimulus
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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"
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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"