Recession
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
Activity levels in New Zealand's economic engine room remain at contractionary levels
18th Nov 24, 11:21am
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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
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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
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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
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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
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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
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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
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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
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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
NZIER's latest consensus forecasts see zero GDP growth in the 12 months to the end of March 2025
16th Sep 24, 2:21pm
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NZIER's latest consensus forecasts see zero GDP growth in the 12 months to the end of March 2025
Activity in New Zealand’s services sector 'inched its way higher' during August
16th Sep 24, 11:53am
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Activity in New Zealand’s services sector 'inched its way higher' during August
David Hargreaves assesses the prospects for the forthcoming quarterly GDP figures, which are likely to be grim, but might hopefully point to better times ahead
15th Sep 24, 6:30am
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David Hargreaves assesses the prospects for the forthcoming quarterly GDP figures, which are likely to be grim, but might hopefully point to better times ahead
David Hargreaves examines the apparently set path we are on to a series of interest rate reductions and wonders if there could yet be some potholes along the way
8th Sep 24, 6:30am
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David Hargreaves examines the apparently set path we are on to a series of interest rate reductions and wonders if there could yet be some potholes along the way
Soaring levels of business confidence in the wake of interest rate cuts have got the economists wondering how quickly the country's economy might get rolling again
3rd Sep 24, 1:15pm
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Soaring levels of business confidence in the wake of interest rate cuts have got the economists wondering how quickly the country's economy might get rolling again
HSBC economist Paul Bloxham is suggesting ways New Zealand could reclaim the former superstar status he bestowed upon us
28th Aug 24, 2:48pm
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HSBC economist Paul Bloxham is suggesting ways New Zealand could reclaim the former superstar status he bestowed upon us
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
While service sector activity recovered a little last month from the 'horrendous' June results, the Performance of Services Index is still below the levels seen during the Global Financial Crisis
19th Aug 24, 11:36am
5
While service sector activity recovered a little last month from the 'horrendous' June results, the Performance of Services Index is still below the levels seen during the Global Financial Crisis
Reserve Bank starts long awaited interest rate cuts, and is forecasting further cuts before the end of the year. It also now sees annual inflation falling to just 2.3% by the end of this quarter
14th Aug 24, 2:11pm
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Reserve Bank starts long awaited interest rate cuts, and is forecasting further cuts before the end of the year. It also now sees annual inflation falling to just 2.3% by the end of this quarter
HSBC economist Paul Bloxham suggests the RBNZ's May Official Cash Rate guidance 'was not a genuine reflection of the central bank's reaction function'
12th Aug 24, 2:20pm
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HSBC economist Paul Bloxham suggests the RBNZ's May Official Cash Rate guidance 'was not a genuine reflection of the central bank's reaction function'
David Hargreaves previews the forthcoming OCR review in which all attention revolves around whether the Reserve Bank will stick to its own script - or acquiesce to the urgings of financial markets for cuts, not so much now, as YESTERDAY, please
11th Aug 24, 6:30am
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David Hargreaves previews the forthcoming OCR review in which all attention revolves around whether the Reserve Bank will stick to its own script - or acquiesce to the urgings of financial markets for cuts, not so much now, as YESTERDAY, please
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'
Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling
15th Jul 24, 2:16pm
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Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling