NZ economy
Finance Minister Nicola Willis says deregulation and greater competition rules will support economic growth in the New Year
20th Dec 24, 2:45pm
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Finance Minister Nicola Willis says deregulation and greater competition rules will support economic growth in the New Year
Massive revisions to Gross Domestic Product data shows the economy took a sudden dive in March this year
19th Dec 24, 3:02pm
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Massive revisions to Gross Domestic Product data shows the economy took a sudden dive in March this year
Revised economic data shows New Zealand only entered recession in March 2024
19th Dec 24, 10:56am
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Revised economic data shows New Zealand only entered recession in March 2024
The deficit between what we earn overseas and what we spend has dropped to 6.4% of GDP, but remains at levels seen as too high by economists
18th Dec 24, 10:59am
14
The deficit between what we earn overseas and what we spend has dropped to 6.4% of GDP, but remains at levels seen as too high by economists
Three recent polls show support slipping for the Coalition after its first year in Government yields limited results
7th Dec 24, 9:15am
47
Three recent polls show support slipping for the Coalition after its first year in Government yields limited results
Government should consider breaking up big energy companies to drive down electricity prices and support economic growth, the OECD says in updated report
6th Dec 24, 10:52am
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Government should consider breaking up big energy companies to drive down electricity prices and support economic growth, the OECD says in updated report
Domestic inflation would flare up if interest rates were cut too quickly, RBNZ chief economist Paul Conway says
29th Nov 24, 9:08am
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Domestic inflation would flare up if interest rates were cut too quickly, RBNZ chief economist Paul Conway says
The Reserve Bank says it will likely cut the Official Cash Rate to 3.75% in February, if economic data plays out as expected
28th Nov 24, 5:00am
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The Reserve Bank says it will likely cut the Official Cash Rate to 3.75% in February, if economic data plays out as expected
Protests and economic criticism cloud Coalition’s first anniversary as pressure mounts for it to deliver on campaign promises
24th Nov 24, 8:35am
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Protests and economic criticism cloud Coalition’s first anniversary as pressure mounts for it to deliver on campaign promises
Updated Treasury forecasts will show the recession lasting longer and budget deficits worsening, chief economist Dominick Stephens says
21st Nov 24, 12:01pm
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Updated Treasury forecasts will show the recession lasting longer and budget deficits worsening, chief economist Dominick Stephens says
An open letter warns the Coalition Government's focus on balancing the budget could hurt its economic growth goals
21st Nov 24, 5:00am
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An open letter warns the Coalition Government's focus on balancing the budget could hurt its economic growth goals
Donald Trump’s return to power could force a rethink of New Zealand’s China trade policy and create unexpected opportunities to access the US market
10th Nov 24, 6:01am
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Donald Trump’s return to power could force a rethink of New Zealand’s China trade policy and create unexpected opportunities to access the US market
RBNZ says strong profitability has helped banks remain resilient during the recession and means they are well-positioned to cope with rising unemployment
5th Nov 24, 10:42am
26
RBNZ says strong profitability has helped banks remain resilient during the recession and means they are well-positioned to cope with rising unemployment
Global conflicts and trade threats could threaten New Zealand’s financial stability, driving inflation, tighter policies, and triggering recession
4th Nov 24, 12:44pm
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Global conflicts and trade threats could threaten New Zealand’s financial stability, driving inflation, tighter policies, and triggering recession
Economists and bond traders expect the Reserve Bank to cut interest rates quickly despite critical core inflation measures remaining above 3%
17th Oct 24, 9:42am
35
Economists and bond traders expect the Reserve Bank to cut interest rates quickly despite critical core inflation measures remaining above 3%
Crown Financial Statements reported a $12.9 billion annual deficit in 2023/2024, despite increased tax revenue
10th Oct 24, 1:00pm
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Crown Financial Statements reported a $12.9 billion annual deficit in 2023/2024, despite increased tax revenue
Inflation has been defeated and the Reserve Bank is moving swiftly to normalise interest rates
9th Oct 24, 6:21pm
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Inflation has been defeated and the Reserve Bank is moving swiftly to normalise interest rates
[updated]
Reserve Bank declares victory on inflation and delivers double whammy rate cut
9th Oct 24, 2:01pm
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Reserve Bank declares victory on inflation and delivers double whammy rate cut
Construction boom could act as ‘circuit breaker’ and drive the New Zealand economy out of recession, leading stock brokerage says
8th Oct 24, 3:11pm
20
Construction boom could act as ‘circuit breaker’ and drive the New Zealand economy out of recession, leading stock brokerage says
Economists warn there is a rising risk of deflation if the Reserve Bank doesn’t cut interest rates fast enough
1st Oct 24, 3:31pm
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Economists warn there is a rising risk of deflation if the Reserve Bank doesn’t cut interest rates fast enough
Weak pricing data in business survey supports further interest rate cuts, NZIER says
1st Oct 24, 10:04am
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Weak pricing data in business survey supports further interest rate cuts, NZIER says
Mortgage rate relief could bring about a breakthrough in the polls that has otherwise eluded Prime Minister Christopher Luxon
22nd Sep 24, 6:30am
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Mortgage rate relief could bring about a breakthrough in the polls that has otherwise eluded Prime Minister Christopher Luxon
Economists call for faster rate cuts as the recent slowdown in economic activity outpaces the 2008 recession
20th Sep 24, 6:00am
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Economists call for faster rate cuts as the recent slowdown in economic activity outpaces the 2008 recession
New Zealand’s per capita recession has surpassed the Global Financial Crisis after contracting for seven consecutive quarters
19th Sep 24, 10:53am
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New Zealand’s per capita recession has surpassed the Global Financial Crisis after contracting for seven consecutive quarters
The deficit between what we earn overseas and what we spend has remained at 6.7% of GDP, contrary to expectations that the ratio would decrease; deficit remains 'unsustainably wide'
18th Sep 24, 11:28am
12
The deficit between what we earn overseas and what we spend has remained at 6.7% of GDP, contrary to expectations that the ratio would decrease; deficit remains 'unsustainably wide'