Michael Gordon
Latest ANZ Business Outlook survey shows the economy is still very weak 'but things are starting to turn higher'
28th Nov 24, 1:29pm
22
Latest ANZ Business Outlook survey shows the economy is still very weak 'but things are starting to turn higher'
Following another strong dairy auction, Westpac economists now have the highest milk price forecast; ASB economists have also raised their forecast as a record payout for this season looks ever more likely
20th Nov 24, 3:05pm
1
Following another strong dairy auction, Westpac economists now have the highest milk price forecast; ASB economists have also raised their forecast as a record payout for this season looks ever more likely
Westpac McDermott Miller Employment Confidence Survey shows lowest level of confidence since we were emerging from the lockdown in 2020
24th Sep 24, 9:35am
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Westpac McDermott Miller Employment Confidence Survey shows lowest level of confidence since we were emerging from the lockdown in 2020
[updated]
'Things are looking up, albeit from a pretty dark place for many firms', says ANZ; Finance Minister says the survey shows businesses 'are feeling a whole lot better about the future'
29th Aug 24, 1:36pm
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'Things are looking up, albeit from a pretty dark place for many firms', says ANZ; Finance Minister says the survey shows businesses 'are feeling a whole lot better about the future'
Employment enters weakest period since the Global Financial Crisis with the number of filled jobs down 0.5% on the same time a year ago
28th Aug 24, 1:13pm
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Employment enters weakest period since the Global Financial Crisis with the number of filled jobs down 0.5% on the same time a year ago
New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
23rd Aug 24, 12:44pm
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New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
4th Aug 24, 6:00am
150
Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
Westpac economists say latest Stats NZ data shows jobs market in New Zealand is 'now clearly softening'
29th Jul 24, 1:25pm
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Westpac economists say latest Stats NZ data shows jobs market in New Zealand is 'now clearly softening'
Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’
2nd Jul 24, 1:49pm
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Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’
ANZ economists are optimistic the Reserve Bank will be in a position to cut the Official Cash Rate 'considerably earlier' than August next year as the RBNZ currently expects
27th Jun 24, 1:28pm
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ANZ economists are optimistic the Reserve Bank will be in a position to cut the Official Cash Rate 'considerably earlier' than August next year as the RBNZ currently expects
Westpac McDermott Miller Employment Confidence Survey shows a marked fall in the latest three months
25th Jun 24, 10:23am
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Westpac McDermott Miller Employment Confidence Survey shows a marked fall in the latest three months
Economy flatlines for sixth quarter as sharp construction slowdown is partly offset by record kiwifruit harvest
20th Jun 24, 10:51am
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Economy flatlines for sixth quarter as sharp construction slowdown is partly offset by record kiwifruit harvest
It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future
16th Jun 24, 6:30am
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It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future
It's official: The wallets are being slammed shut. Electronic card transactions data from Statistics NZ shows that retail sales figures - which are not adjusted for inflation - are below the levels of a year ago
13th Jun 24, 11:53am
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It's official: The wallets are being slammed shut. Electronic card transactions data from Statistics NZ shows that retail sales figures - which are not adjusted for inflation - are below the levels of a year ago
Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
1st May 24, 3:56pm
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Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data
28th Apr 24, 6:01am
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Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data
Pricing intentions in NZIER’s quarterly survey are falling closer to the long-run average as demand weakens and firms let staff go
9th Apr 24, 4:56pm
6
Pricing intentions in NZIER’s quarterly survey are falling closer to the long-run average as demand weakens and firms let staff go
GDP figures out in the coming week might be, in the words of one economist, 'as flat as a pancake', - but this of course is in a country that grew its population by 2.8% last year, meaning many more hands are producing only exactly the same outcome
17th Mar 24, 6:01am
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GDP figures out in the coming week might be, in the words of one economist, 'as flat as a pancake', - but this of course is in a country that grew its population by 2.8% last year, meaning many more hands are producing only exactly the same outcome
[updated]
There are clear signs that the RBNZ’s 'heavy handed hikes' are inhibiting household demand, and hurting business, Kiwibank economists say
12th Feb 24, 12:22pm
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There are clear signs that the RBNZ’s 'heavy handed hikes' are inhibiting household demand, and hurting business, Kiwibank economists say
Stronger employment data could spook the Reserve Bank into raising the Official Cash Rate above 5.50%, economists say
7th Feb 24, 2:04pm
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Stronger employment data could spook the Reserve Bank into raising the Official Cash Rate above 5.50%, economists say
Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching
19th Jun 23, 1:53pm
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Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching
Wellington records largest fall in jobs advertised, as Gisborne bucks the national trend, Seek employment report shows
19th Jun 23, 5:00am
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Wellington records largest fall in jobs advertised, as Gisborne bucks the national trend, Seek employment report shows
A high rate of migration has offset a steeper decline in New Zealand’s GDP per capita
16th Jun 23, 6:39am
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A high rate of migration has offset a steeper decline in New Zealand’s GDP per capita
What recession? New Zealand is still adding jobs, Statistics NZ's March employment indicator shows
28th Apr 23, 1:29pm
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What recession? New Zealand is still adding jobs, Statistics NZ's March employment indicator shows
The Reserve Bank of NZ will likely lift the Official Cash Rate 25 basis points on Wednesday and give little else away
2nd Apr 23, 6:00am
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The Reserve Bank of NZ will likely lift the Official Cash Rate 25 basis points on Wednesday and give little else away