Retail
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
13
Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling
[updated]
Card spending falls for the fifth time in June as households face ongoing financial strain
12th Jul 24, 12:03pm
83
Card spending falls for the fifth time in June as households face ongoing financial strain
David Hargreaves says it looks too late to 'save' this year, but if we can beat inflation, then the RBNZ will call off the dogs and the prospects for next year will be for a gradual recovery. If we can beat inflation...
30th Jun 24, 7:00am
155
David Hargreaves says it looks too late to 'save' this year, but if we can beat inflation, then the RBNZ will call off the dogs and the prospects for next year will be for a gradual recovery. If we can beat inflation...
David Hargreaves sums up the first (nearly) six months of the year and thinks it would be a very good idea to stop it and start again. Unfortunately though, we will have to carry on. Here's what's transpired so far...
23rd Jun 24, 7:00am
168
David Hargreaves sums up the first (nearly) six months of the year and thinks it would be a very good idea to stop it and start again. Unfortunately though, we will have to carry on. Here's what's transpired so far...
[updated]
Commerce Commission extends its decision due date for the Foodstuffs merger for the second time due to ‘unresolved issues’, will now release final decision in October
21st Jun 24, 10:47am
6
Commerce Commission extends its decision due date for the Foodstuffs merger for the second time due to ‘unresolved issues’, will now release final decision in October
It's official: The wallets are being slammed shut. Electronic card transactions data from Statistics NZ shows that retail sales figures - which are not adjusted for inflation - are below the levels of a year ago
13th Jun 24, 11:53am
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It's official: The wallets are being slammed shut. Electronic card transactions data from Statistics NZ shows that retail sales figures - which are not adjusted for inflation - are below the levels of a year ago
Latest spending data from the country's biggest bank highlights the extent to which Kiwis have put their wallets away as rising costs and higher interest rates have taken their toll
11th Jun 24, 11:36am
15
Latest spending data from the country's biggest bank highlights the extent to which Kiwis have put their wallets away as rising costs and higher interest rates have taken their toll
[updated]
Stats NZ figures show that seasonally adjusted retail sales by volume increased by 0.5% in the March quarter, but the figures were down 2.4% on the volumes recorded for the same quarter in 2023
23rd May 24, 12:16pm
10
Stats NZ figures show that seasonally adjusted retail sales by volume increased by 0.5% in the March quarter, but the figures were down 2.4% on the volumes recorded for the same quarter in 2023
Seek says job ad numbers down 30% year-on-year in April while the number of applications per job ad rose almost 100%
21st May 24, 12:01am
75
Seek says job ad numbers down 30% year-on-year in April while the number of applications per job ad rose almost 100%
Stats NZ figures show retail card spending fell for the third consecutive month on a seasonally adjusted basis
14th May 24, 11:55am
58
Stats NZ figures show retail card spending fell for the third consecutive month on a seasonally adjusted basis
Stats NZ figures show that retail card spending fell a seasonally-adjusted 1.8% in February after a bounce in activity in January
12th Mar 24, 11:49am
86
Stats NZ figures show that retail card spending fell a seasonally-adjusted 1.8% in February after a bounce in activity in January
Westpac says its customers are spending just 3.4% more than a year ago, while the population has grown 2.8% and retail prices have increased about 4%; customers with mortgages particularly spending less
27th Feb 24, 11:45am
5
Westpac says its customers are spending just 3.4% more than a year ago, while the population has grown 2.8% and retail prices have increased about 4%; customers with mortgages particularly spending less
David Tuffley of Australia's Griffith University details eight key corporate pricing tricks
16th Feb 24, 1:36pm
12
David Tuffley of Australia's Griffith University details eight key corporate pricing tricks
Stats NZ figures show that retail card spending fell a seasonally-adjusted 2.0% in December
17th Jan 24, 12:23pm
20
Stats NZ figures show that retail card spending fell a seasonally-adjusted 2.0% in December
In the second part of his preview of 2024, David Hargreaves examines whether a combination of new Government policies, rampant migration and an enlivened housing market could undermine efforts to get the economy on a sound footing
3rd Dec 23, 8:00am
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In the second part of his preview of 2024, David Hargreaves examines whether a combination of new Government policies, rampant migration and an enlivened housing market could undermine efforts to get the economy on a sound footing
David Hargreaves explains what he is looking for in the economy in 2024 as we wait to see if the battle against inflation really can be won
2nd Dec 23, 10:23am
17
David Hargreaves explains what he is looking for in the economy in 2024 as we wait to see if the battle against inflation really can be won
David Hargreaves has a look at the economic developments in the past year and lines these up against what the expectations were at the start of the year
1st Dec 23, 9:44am
50
David Hargreaves has a look at the economic developments in the past year and lines these up against what the expectations were at the start of the year
Lynda Moore exposes the psychological retailing game where scarcity breeds desire, building on the satisfaction of scoring a deal, and urges you to make mindful choices
21st Nov 23, 9:30am
7
Lynda Moore exposes the psychological retailing game where scarcity breeds desire, building on the satisfaction of scoring a deal, and urges you to make mindful choices
[updated]
Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'
15th Nov 23, 11:16am
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Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'
Credit bureau Centrix says company liquidations are on the rise, with credit defaults climbing 'across the board' in September
1st Nov 23, 5:00am
4
Credit bureau Centrix says company liquidations are on the rise, with credit defaults climbing 'across the board' in September
[updated]
PwC appointed voluntary administrator of Supie, with initial estimates suggesting creditors are owed about $3m as grocery watchdog reveals 'top 3' on his fix-it list for supermarket sector
30th Oct 23, 12:30pm
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PwC appointed voluntary administrator of Supie, with initial estimates suggesting creditors are owed about $3m as grocery watchdog reveals 'top 3' on his fix-it list for supermarket sector
New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
10th Oct 23, 10:33am
9
New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
[updated]
Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down
12th Sep 23, 11:20am
4
Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down
Debt stress among young people and businesses rising, Centrix says, with borrowers aged under 25 appearing 'to be struggling quite consistently'
1st Sep 23, 5:00am
13
Debt stress among young people and businesses rising, Centrix says, with borrowers aged under 25 appearing 'to be struggling quite consistently'
Kiwis put a new record high amount on their credit cards during overseas trips last month
21st Aug 23, 3:36pm
12
Kiwis put a new record high amount on their credit cards during overseas trips last month