Recession

Monthly filled jobs data shows a slight rise in May, but figures for the previous two months have been revised down; the primary sector is a ray of sunshine in a gloomy labour market

Monthly filled jobs data shows a slight rise in May, but figures for the previous two months have been revised down; the primary sector is a ray of sunshine in a gloomy labour market

Stephen Roach warns that the interplay between wars and tariffs is making a global recession increasingly likely

Stephen Roach warns that the interplay between wars and tariffs is making a global recession increasingly likely

David Hargreaves has a look back at the first half of 2025 and hopes that we haven’t already seen the best part of the expected economic recovery this year

David Hargreaves has a look back at the first half of 2025 and hopes that we haven’t already seen the best part of the expected economic recovery this year

ANZ economists still believe greater stimulus will be needed for the economy from the Reserve Bank and say the Official Cash Rate will be lowered to 2.5%

ANZ economists still believe greater stimulus will be needed for the economy from the Reserve Bank and say the Official Cash Rate will be lowered to 2.5%

The economy grew for the second successive quarter following the sharp contraction seen during last year

The economy grew for the second successive quarter following the sharp contraction seen during last year

The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?

The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?

Services sector activity drops sharply and slumps to levels last seen in June 2024 at the start of the recession

Services sector activity drops sharply and slumps to levels last seen in June 2024 at the start of the recession

The economy's showing increasing signs of responding to the lower interest rates, with GDP expected to have grown again in the March quarter

The economy's showing increasing signs of responding to the lower interest rates, with GDP expected to have grown again in the March quarter

Stephen Roach thinks the US pursuing a global minimum tariff while also penalising China increases the risk of a global recession

Stephen Roach thinks the US pursuing a global minimum tariff while also penalising China increases the risk of a global recession

Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut

Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut

Monthly filled jobs data shows a decline in April, while figures for the previous two months have also been revised down

Monthly filled jobs data shows a decline in April, while figures for the previous two months have also been revised down

The services sector again contracted slightly in the last month and is 'a long way from being back to full health'

The services sector again contracted slightly in the last month and is 'a long way from being back to full health'

Monthly filled jobs data has so far not shown any declines this year, which indicates the unemployment level may have peaked or be close to it

Monthly filled jobs data has so far not shown any declines this year, which indicates the unemployment level may have peaked or be close to it

BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate

BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate

Maurice Obstfeld warns that fragmenting capital markets are putting the greenback's global primacy at risk

Maurice Obstfeld warns that fragmenting capital markets are putting the greenback's global primacy at risk