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New Zealand’s jobless rate increased to 5.7% in the September quarter, with 174,000 people unemployed over July, August and September
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New Zealand’s jobless rate increased to 5.7% in the September quarter, with 174,000 people unemployed over July, August and September
The combination of a weak spring selling season in real estate market, unexpected RBNZ OCR moves, and hesitating wholesale money markets sees bank fixed rate offers tighten into narrow ranges
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The combination of a weak spring selling season in real estate market, unexpected RBNZ OCR moves, and hesitating wholesale money markets sees bank fixed rate offers tighten into narrow ranges
Lynda Moore points out that everyone's relationship with money changes over time even if some bedrock principles remain the same
Lynda Moore points out that everyone's relationship with money changes over time even if some bedrock principles remain the same
Oil prices volatile on mix of headlines regarding US-Iran conflict; net price movement modestly lower. Global rates modestly higher; strong US JOLTS labour market report. RBA hikes as expected, but Australian rates and AUD fall, with dovish commentary
Oil prices volatile on mix of headlines regarding US-Iran conflict; net price movement modestly lower. Global rates modestly higher; strong US JOLTS labour market report. RBA hikes as expected, but Australian rates and AUD fall, with dovish commentary
US data positive although sentiment stays low; markets pause awaiting vote results; dairy prices rise; RBA hikes again but without conviction; China equities can't stop falling; UST 10yr at 4.95%; gold dips and oil holds lower; NZ$1 = 56.1 USc; TWI-5 = 59
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US data positive although sentiment stays low; markets pause awaiting vote results; dairy prices rise; RBA hikes again but without conviction; China equities can't stop falling; UST 10yr at 4.95%; gold dips and oil holds lower; NZ$1 = 56.1 USc; TWI-5 = 59
National and Labour neck and neck as minor parties battle it out in latest 1News poll
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National and Labour neck and neck as minor parties battle it out in latest 1News poll
Competition from rivals and customers switching banks challenging Westpac NZ in housing market, CEO Catherine McGrath says
Competition from rivals and customers switching banks challenging Westpac NZ in housing market, CEO Catherine McGrath says
Rabobank now says our new goal as food suppliers is to understand where critical exposures sit, identify credible alternatives and selectively invest in capabilities that both improve continuity of supply and create commercial value
by Guest
Rabobank now says our new goal as food suppliers is to understand where critical exposures sit, identify credible alternatives and selectively invest in capabilities that both improve continuity of supply and create commercial value
[updated]
A review of things you need to know before you sign off on Tuesday; a new bank registered, Barfoot sales volumes low, residential building consents rise, mortgage stress low, Fiji gets inflation shock, swaps softish, NZX dips, oil drops, NZD dips, & more
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A review of things you need to know before you sign off on Tuesday; a new bank registered, Barfoot sales volumes low, residential building consents rise, mortgage stress low, Fiji gets inflation shock, swaps softish, NZX dips, oil drops, NZD dips, & more
The US$6.3 billion Binance hack is the biggest heist ever – it should be a wake up call for cryptocurrency users
by Guest
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The US$6.3 billion Binance hack is the biggest heist ever – it should be a wake up call for cryptocurrency users
Latest building consent figures suggest good growth in residential construction - not so good for commercial building work
Latest building consent figures suggest good growth in residential construction - not so good for commercial building work
Dave Ananth wonders why the IRD is focused on a short recovery period when a longer one will likely collect more tax
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Dave Ananth wonders why the IRD is focused on a short recovery period when a longer one will likely collect more tax
Barfoot & Thompson's selling prices rose slightly in October even as the number of sales dropped away
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Barfoot & Thompson's selling prices rose slightly in October even as the number of sales dropped away
[updated]
Global fintech Revolut becomes NZ's 27th registered bank, offers new customers a 3.50% p.a. introductory savings rate on personal accounts
Global fintech Revolut becomes NZ's 27th registered bank, offers new customers a 3.50% p.a. introductory savings rate on personal accounts
Oil prices plunge on hope for a resolution on the US-Iran war. Lower oil prices drive down global rates and push up global equity markets
Oil prices plunge on hope for a resolution on the US-Iran war. Lower oil prices drive down global rates and push up global equity markets
The US appears to back-track on Iran and oil falls; US PMIs expanding but not so in Canada; China contracts; ASEAN PMIs very upbeat; eyes on the RBA and multi-unit construction; UST 10yr at 4.87%; gold firms but oil falls hard; NZ$1 = 56.3 USc; TWI-5 = 60
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The US appears to back-track on Iran and oil falls; US PMIs expanding but not so in Canada; China contracts; ASEAN PMIs very upbeat; eyes on the RBA and multi-unit construction; UST 10yr at 4.87%; gold firms but oil falls hard; NZ$1 = 56.3 USc; TWI-5 = 60
[updated]
Latest Centrix data finds home loan arrears remain at their lowest level since December 2022, but broader credit demand stays mixed
Latest Centrix data finds home loan arrears remain at their lowest level since December 2022, but broader credit demand stays mixed
The New Zealand Tax Podcast – Beware the difference between residency for immigration purposes and for tax purposes, Mainzeal and GST, and capital flight and the Norwegian wealth tax
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The New Zealand Tax Podcast – Beware the difference between residency for immigration purposes and for tax purposes, Mainzeal and GST, and capital flight and the Norwegian wealth tax
A review of things you need to know before you sign off on Monday; upturn in Auckland house building; Westpac stumbles, LGFA goes long; more & better milk, Aussie inflation rising; ASEAN PMIs healthy, swaps stable, NZX falls, NZD dips, & more
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A review of things you need to know before you sign off on Monday; upturn in Auckland house building; Westpac stumbles, LGFA goes long; more & better milk, Aussie inflation rising; ASEAN PMIs healthy, swaps stable, NZX falls, NZD dips, & more
Even ignoring the US fiscal pressures, the price of money is set to rise over the next generation or two for fundamental reasons that will be hard to avoid
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Even ignoring the US fiscal pressures, the price of money is set to rise over the next generation or two for fundamental reasons that will be hard to avoid
The volume of new homes being built in Auckland should steadily increase over the next two years
The volume of new homes being built in Auckland should steadily increase over the next two years
Allan Barber reviews the ups and downs of a globally unique collaboration that brings together the three industry sectors to promote red meat to local consumers, now recognised for its successes
Allan Barber reviews the ups and downs of a globally unique collaboration that brings together the three industry sectors to promote red meat to local consumers, now recognised for its successes
For the third Ipsos poll in a row, Labour leads across all five top issues such as inflation and the economy as political parties make final election campaign push
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For the third Ipsos poll in a row, Labour leads across all five top issues such as inflation and the economy as political parties make final election campaign push
[updated]
Westpac NZ cites 'intense competition' for home loans as annual profit and net interest margin fall
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Westpac NZ cites 'intense competition' for home loans as annual profit and net interest margin fall
Brian Easton says gangs were one of the responses to the difficulties urbanising Māori faced
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Brian Easton says gangs were one of the responses to the difficulties urbanising Māori faced