Recession
Westpac economists have come to the conclusion the massive 0.9% June GDP slump was an anomaly due to a series of events stemming back to the closure of New Zealand's only oil refinery and they say the 'real' result was more like a 0.1% drop
29th Oct 25, 2:07pm
17
Westpac economists have come to the conclusion the massive 0.9% June GDP slump was an anomaly due to a series of events stemming back to the closure of New Zealand's only oil refinery and they say the 'real' result was more like a 0.1% drop
Latest monthly filled jobs data shows a reasonable sized gain ahead of official unemployment figures due to be released next week
28th Oct 25, 11:29am
Latest monthly filled jobs data shows a reasonable sized gain ahead of official unemployment figures due to be released next week
Westpac economists see about a 30% to 35% chance the Reserve Bank will do another jumbo sized rate cut next month, which could see the OCR end the year at 2.0%
20th Oct 25, 12:15pm
6
Westpac economists see about a 30% to 35% chance the Reserve Bank will do another jumbo sized rate cut next month, which could see the OCR end the year at 2.0%
[updated]
The services sector remains in contraction, suggesting the help from the Reserve Bank's jumbo cut to the Official Cash Rate last week can't flow through fast enough; BNZ economists nudge down economic growth and employment forecasts
13th Oct 25, 10:48am
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The services sector remains in contraction, suggesting the help from the Reserve Bank's jumbo cut to the Official Cash Rate last week can't flow through fast enough; BNZ economists nudge down economic growth and employment forecasts
The Reserve Bank is actively encouraging us to start splashing some cash. Hopefully, this might work. It might also be more than a bit risky
12th Oct 25, 6:01am
28
The Reserve Bank is actively encouraging us to start splashing some cash. Hopefully, this might work. It might also be more than a bit risky
Susan St John argues Jobseeker changes turn young adults into dependent children, and squeeze households further
8th Oct 25, 10:06am
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Susan St John argues Jobseeker changes turn young adults into dependent children, and squeeze households further
The Reserve Bank could have limited inflation peak to 6.4% but could not have prevented the spike without breaching its mandate, new analysis suggests
30th Sep 25, 8:04am
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The Reserve Bank could have limited inflation peak to 6.4% but could not have prevented the spike without breaching its mandate, new analysis suggests
Latest monthly filled jobs data shows a rise - but Statistics NZ has revised down figures for the previous two months and these now show no gain for those months
29th Sep 25, 11:19am
2
Latest monthly filled jobs data shows a rise - but Statistics NZ has revised down figures for the previous two months and these now show no gain for those months
Brian Easton looks at what the latest Statistics New Zealand GDP figures might be telling us
29th Sep 25, 9:12am
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Brian Easton looks at what the latest Statistics New Zealand GDP figures might be telling us
The belated release of official data showing the economy tanked during the June quarter has put the Reserve Bank under great pressure again and highlights how much we need more timely economic information
24th Sep 25, 8:09am
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The belated release of official data showing the economy tanked during the June quarter has put the Reserve Bank under great pressure again and highlights how much we need more timely economic information
The country needs the Reserve Bank's foot 'firmly on the accelerator' in the wake of last week's shock GDP plunge
22nd Sep 25, 2:36pm
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The country needs the Reserve Bank's foot 'firmly on the accelerator' in the wake of last week's shock GDP plunge
Strong commodity prices and lower interest rates are expected to support consumer and business investment HSBC economists say
22nd Sep 25, 12:46pm
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Strong commodity prices and lower interest rates are expected to support consumer and business investment HSBC economists say
Voters should blame Donald Trump for New Zealand’s slow economic recovery and 0.9% GDP slump in June, according to Finance Minister Nicola Willis
18th Sep 25, 2:40pm
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Voters should blame Donald Trump for New Zealand’s slow economic recovery and 0.9% GDP slump in June, according to Finance Minister Nicola Willis
The economy is likely to start recovering this summer from the Reserve Bank's enforced recession - but are there better ways of controlling inflation in future than pressurising those with mortgages?
17th Sep 25, 10:43am
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The economy is likely to start recovering this summer from the Reserve Bank's enforced recession - but are there better ways of controlling inflation in future than pressurising those with mortgages?
Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
15th Sep 25, 11:13am
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Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started