Economy

Both Westpac and Kiwibank economists have quickly called for the Reserve Bank to cut the Official Cash Rate by 50 points next month in reaction to the 0.9% drop in GDP

Both Westpac and Kiwibank economists have quickly called for the Reserve Bank to cut the Official Cash Rate by 50 points next month in reaction to the 0.9% drop in GDP

Gross domestic product fell much further than forecast in the June quarter with manufacturing sectors declining 3.5% and construction continuing to crater

Gross domestic product fell much further than forecast in the June quarter with manufacturing sectors declining 3.5% and construction continuing to crater

Fed cuts but can't shake White House corrosion; US housing starts tumble; Canada cuts; Eyes on Australian labour market, NZ GDP; UST 10yr at 4.07%; gold soft, oil holds; NZ$1 = 59.7 USc; TWI-5 = 66.5

Fed cuts but can't shake White House corrosion; US housing starts tumble; Canada cuts; Eyes on Australian labour market, NZ GDP; UST 10yr at 4.07%; gold soft, oil holds; NZ$1 = 59.7 USc; TWI-5 = 66.5

A review of things you need to know before you sign off on Wednesday; no retail rate changes, current account shrinks notably, dairy prices dip marginally, sentiment edges lower, e-Can acts, swaps soft, NZD stable, & more

A review of things you need to know before you sign off on Wednesday; no retail rate changes, current account shrinks notably, dairy prices dip marginally, sentiment edges lower, e-Can acts, swaps soft, NZD stable, & more

The deficit between what we earn overseas and what we spend narrows considerably in moves that will please global credit rating agencies

The deficit between what we earn overseas and what we spend narrows considerably in moves that will please global credit rating agencies

The economy is likely to start recovering this summer from the Reserve Bank's enforced recession - but are there better ways of controlling inflation in future than pressurising those with mortgages?

The economy is likely to start recovering this summer from the Reserve Bank's enforced recession - but are there better ways of controlling inflation in future than pressurising those with mortgages?

Mohamed El-Erian urges the outgoing chair of the world's most important central bank to launch institutional reform

Mohamed El-Erian urges the outgoing chair of the world's most important central bank to launch institutional reform

Dairy prices hold; US data positive; Binance to escape oversight; Canadian inflation stays in zone; China and EU industrial production rise; UST 10yr at 4.03%; gold firm, oil up; NZ$1 = 59.9 USc; TWI-5 = 66.7

Dairy prices hold; US data positive; Binance to escape oversight; Canadian inflation stays in zone; China and EU industrial production rise; UST 10yr at 4.03%; gold firm, oil up; NZ$1 = 59.9 USc; TWI-5 = 66.7

A review of things you need to know before you sign off on Tuesday; ASB trims some TD rates, food inflation stays at 5%, REINZ sales 'chilly', business sentiment upbeat, eyes on dairy auction, swaps soft, NZD eases slightly, & more

A review of things you need to know before you sign off on Tuesday; ASB trims some TD rates, food inflation stays at 5%, REINZ sales 'chilly', business sentiment upbeat, eyes on dairy auction, swaps soft, NZD eases slightly, & more

Inflation could potentially peak below 3% in September quarter, ASB economist says, as Statistic NZ's Selected Price Indexes 'a touch weaker than expected'

Inflation could potentially peak below 3% in September quarter, ASB economist says, as Statistic NZ's Selected Price Indexes 'a touch weaker than expected'

Markets position for Fed decision; another US factory survey weak; China data below expectations; Indonesia splashes stimulus; climate risk in focus; UST 10yr at 4.04%; gold rises, oil up; NZ$1 = 59.7 USc; TWI-5 = 66.7

Markets position for Fed decision; another US factory survey weak; China data below expectations; Indonesia splashes stimulus; climate risk in focus; UST 10yr at 4.04%; gold rises, oil up; NZ$1 = 59.7 USc; TWI-5 = 66.7

A review of things you need to know before you sign off on Monday; No retail rate changes again, PSI contracting again, ANZ fined again, farmer sentiment high, FMA warns about McEwen again, swaps stable, NZD on hold, & more

A review of things you need to know before you sign off on Monday; No retail rate changes again, PSI contracting again, ANZ fined again, farmer sentiment high, FMA warns about McEwen again, swaps stable, NZD on hold, & more

Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started

Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started

Brian Easton asks whether we need bigger multipurpose government mega-departments

Brian Easton asks whether we need bigger multipurpose government mega-departments

US inflation expectations stay high as sentiment turns lower; US & China talking in Madrid; China loan demand soft; France downgraded; copper resource plentiful; UST 10yr at 4.06%; gold dips, oil stable; NZ$1 = 59.6 USc; TWI-5 = 66.7

US inflation expectations stay high as sentiment turns lower; US & China talking in Madrid; China loan demand soft; France downgraded; copper resource plentiful; UST 10yr at 4.06%; gold dips, oil stable; NZ$1 = 59.6 USc; TWI-5 = 66.7