NZ economy
New Zealand doesn’t rely on strategic imports from China and is more exposed to export-related risks, according to a report by the NZ China Council
26th Jun 24, 6:23pm
18
New Zealand doesn’t rely on strategic imports from China and is more exposed to export-related risks, according to a report by the NZ China Council
RBNZ won’t let the New Zealand economy grow until inflation is under control
Economy flatlines for sixth quarter as sharp construction slowdown is partly offset by record kiwifruit harvest
20th Jun 24, 10:51am
99
Economy flatlines for sixth quarter as sharp construction slowdown is partly offset by record kiwifruit harvest
New Zealand’s inflation was more driven by product and labour shortages than other countries were, RBNZ says
20th Jun 24, 8:30am
18
New Zealand’s inflation was more driven by product and labour shortages than other countries were, RBNZ says
Five businesses emit as much carbon as half of New Zealand’s vehicle fleet and Christian climate campaigners want them to pay for it
19th Jun 24, 6:46am
57
Five businesses emit as much carbon as half of New Zealand’s vehicle fleet and Christian climate campaigners want them to pay for it
The value of New Zealand's exports to China fell 8% in the past year while complications in the political relationship continue to grow
14th Jun 24, 6:39am
37
The value of New Zealand's exports to China fell 8% in the past year while complications in the political relationship continue to grow
Crown finances for the first 10 months of the year are some $1.7 billion better than was forecast in last week's Budget due to higher than expected tax revenue
5th Jun 24, 11:14am
9
Crown finances for the first 10 months of the year are some $1.7 billion better than was forecast in last week's Budget due to higher than expected tax revenue
The Tiwai Point aluminium smelter will stay open for the next 20 years after signing an electricity supply agreement with energy companies
31st May 24, 10:54am
32
The Tiwai Point aluminium smelter will stay open for the next 20 years after signing an electricity supply agreement with energy companies
Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come
31st May 24, 6:36am
175
Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come
Finance Minister Nicola Willis delivers on her income tax promise
Finance Minister Nicola Willis will use Budget 2024 to rein in government spending after the pandemic-era boost
29th May 24, 5:00am
109
Finance Minister Nicola Willis will use Budget 2024 to rein in government spending after the pandemic-era boost
Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
26th May 24, 6:00am
73
Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements
23rd May 24, 1:23pm
22
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements
Reserve Bank considered lifting interest rates to offset a decline in productivity which is making inflation worse
23rd May 24, 6:00am
73
Reserve Bank considered lifting interest rates to offset a decline in productivity which is making inflation worse
A short-sighted Budget 2024 will leave 'deep economic scars' for the next Labour Government to fix, finance spokesperson Barbara Edmonds says
21st May 24, 10:24am
51
A short-sighted Budget 2024 will leave 'deep economic scars' for the next Labour Government to fix, finance spokesperson Barbara Edmonds says
The full force of monetary policy has yet to be felt in the New Zealand economy and will arrive alongside a pull-back in public spending later this year
8th May 24, 7:50am
77
The full force of monetary policy has yet to be felt in the New Zealand economy and will arrive alongside a pull-back in public spending later this year
Government revenue is tracking $1.6 billion below forecast as Budget 2024 approaches
7th May 24, 11:08am
82
Government revenue is tracking $1.6 billion below forecast as Budget 2024 approaches
Treasury says New Zealand faces a range of productivity problems which could lead to downgrades in future forecasts
5th May 24, 8:01am
72
Treasury says New Zealand faces a range of productivity problems which could lead to downgrades in future forecasts
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
7
Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
[updated]
The Reserve Bank says financial stress is building from very low levels with particular pressure on the commercial property sector
1st May 24, 11:08am
23
The Reserve Bank says financial stress is building from very low levels with particular pressure on the commercial property sector
An unexpected surge in American inflation demonstrates the danger of cutting interest rates while risks remain in the domestic and global economy
27th Apr 24, 9:00am
56
An unexpected surge in American inflation demonstrates the danger of cutting interest rates while risks remain in the domestic and global economy
New Zealand aims to triple trade with Thailand over two decades as South East Asia’s middle class grows
18th Apr 24, 6:53am
11
New Zealand aims to triple trade with Thailand over two decades as South East Asia’s middle class grows
There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous
17th Apr 24, 4:01pm
18
There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous
[updated]
March annual inflation comes in higher than RBNZ expected while rent prices climb to highest rate since at least 1999
17th Apr 24, 10:57am
141
March annual inflation comes in higher than RBNZ expected while rent prices climb to highest rate since at least 1999
Small countries should take a stand against 'law of the jungle' and promote free trade, Christopher Luxon and Lee Hsien Loong say
16th Apr 24, 6:59am
16
Small countries should take a stand against 'law of the jungle' and promote free trade, Christopher Luxon and Lee Hsien Loong say