Recession
Revised economic data shows New Zealand only entered recession in March 2024
19th Dec 24, 10:56am
254
Revised economic data shows New Zealand only entered recession in March 2024
NZIER's latest quarterly consensus forecasts see higher household spending on the back of interest rate falls, but GDP growth forecasts are virtually unchanged from the previous quarter
17th Dec 24, 12:01pm
21
NZIER's latest quarterly consensus forecasts see higher household spending on the back of interest rate falls, but GDP growth forecasts are virtually unchanged from the previous quarter
Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction
16th Dec 24, 10:49am
14
Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction
David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
15th Dec 24, 6:30am
93
David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
David Hargreaves examines the prospects for a New Year that appears to offer a lot - but in both potentially good and bad ways
14th Dec 24, 9:40am
46
David Hargreaves examines the prospects for a New Year that appears to offer a lot - but in both potentially good and bad ways
David Hargreaves sums up a year notable for getting inflation under control - but at great cost to the economy
8th Dec 24, 6:30am
123
David Hargreaves sums up a year notable for getting inflation under control - but at great cost to the economy
Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
3rd Dec 24, 8:25am
64
Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
Rising number of liquidations sees wholesale trade sector, construction and transport hard hit, credit bureau Centrix says
3rd Dec 24, 5:00am
9
Rising number of liquidations sees wholesale trade sector, construction and transport hard hit, credit bureau Centrix says
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
2nd Dec 24, 11:49am
15
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
[updated]
Latest Statistics NZ figures show there are over 35,500 fewer filled jobs in the country than a year ago
28th Nov 24, 11:38am
26
Latest Statistics NZ figures show there are over 35,500 fewer filled jobs in the country than a year ago
[updated]
The Reserve Bank cut rates as expected but surprised the markets with a relatively 'hawkish' view of any future reductions in the OCR
27th Nov 24, 2:09pm
170
The Reserve Bank cut rates as expected but surprised the markets with a relatively 'hawkish' view of any future reductions in the OCR
[updated]
Heartland Group Holdings says car loans and asset finance struggling, liquidations hitting forestry and transport customers
26th Nov 24, 12:28pm
3
Heartland Group Holdings says car loans and asset finance struggling, liquidations hitting forestry and transport customers
David Hargreaves says we should see another decent-sized cut to the Official Cash Rate in the coming week, but beyond that, all eyes will be on how the Reserve Bank sees things developing next year
24th Nov 24, 6:00am
88
David Hargreaves says we should see another decent-sized cut to the Official Cash Rate in the coming week, but beyond that, all eyes will be on how the Reserve Bank sees things developing next year
Updated Treasury forecasts will show the recession lasting longer and budget deficits worsening, chief economist Dominick Stephens says
21st Nov 24, 12:01pm
168
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
133
An open letter warns the Coalition Government's focus on balancing the budget could hurt its economic growth goals
Activity levels in New Zealand's economic engine room remain at contractionary levels
18th Nov 24, 11:21am
3
Activity levels in New Zealand's economic engine room remain at contractionary levels
Latest Statistics NZ figures show that there's been no monthly jobs growth in any of the past six months - while the construction sector in particular is contracting substantially
29th Oct 24, 11:28am
30
Latest Statistics NZ figures show that there's been no monthly jobs growth in any of the past six months - while the construction sector in particular is contracting substantially
The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?
16th Oct 24, 11:55am
53
The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?
Austerity and recession: Geoff Bertram with three simple graphs that explain New Zealand’s economic crisis
16th Oct 24, 8:30am
75
Austerity and recession: Geoff Bertram with three simple graphs that explain New Zealand’s economic crisis
[updated]
Reserve Bank declares victory on inflation and delivers double whammy rate cut
9th Oct 24, 2:01pm
248
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
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate agree the OCR will be cut this week, but are mixed over whether it should be a 25-point or 50-point cut
7th Oct 24, 11:04am
58
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate agree the OCR will be cut this week, but are mixed over whether it should be a 25-point or 50-point cut
David Hargreaves previews the forthcoming Official Cash Rate review in which all the discussion centres around whether the RBNZ will be looking to use a pistol or a bazooka to bring down rates
6th Oct 24, 6:00am
203
David Hargreaves previews the forthcoming Official Cash Rate review in which all the discussion centres around whether the RBNZ will be looking to use a pistol or a bazooka to bring down rates
Brian Easton tracks the path of stagnation and contraction the NZ economy has been on
30th Sep 24, 8:17am
6
Brian Easton tracks the path of stagnation and contraction the NZ economy has been on
The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls
19th Sep 24, 11:35am
The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls