Unemployment
Westpac McDermott Miller Employment Confidence Survey shows rise, but confidence remains close to its lowest levels since the 2020 Covid lockdown
15th Jan 25, 10:28am
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Westpac McDermott Miller Employment Confidence Survey shows rise, but confidence remains close to its lowest levels since the 2020 Covid lockdown
Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
15th Jan 25, 9:34am
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Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
Latest Stats NZ figures show filled jobs rose by nearly 6,000 in November - the first monthly rise since March 2024
13th Jan 25, 11:32am
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Latest Stats NZ figures show filled jobs rose by nearly 6,000 in November - the first monthly rise since 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
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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
Ahead of the Half Yearly Economic and Fiscal Update (HYEFU), Brian Easton looks at economic prospects - particularly in respect to unemployment and the fiscal position
16th Dec 24, 8:52am
Ahead of the Half Yearly Economic and Fiscal Update (HYEFU), Brian Easton looks at economic prospects - particularly in respect to unemployment and the fiscal position
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
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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
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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
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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
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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
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
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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
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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
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The Reserve Bank cut rates as expected but surprised the markets with a relatively 'hawkish' view of any future reductions in the OCR
Unemployment rate climbs to its highest rate since December 2020 as businesses shed jobs and more people withdraw from the labour market
6th Nov 24, 10:53am
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Unemployment rate climbs to its highest rate since December 2020 as businesses shed jobs and more people withdraw from the labour market
Labour market figures to be released in the coming week are expected to show sharply higher numbers of people out of work, but David Hargreaves says it would take a very substantial increase to surprise the Reserve Bank
3rd Nov 24, 7:00am
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Labour market figures to be released in the coming week are expected to show sharply higher numbers of people out of work, but David Hargreaves says it would take a very substantial increase to surprise the Reserve Bank
Xero says the country's small businesses are reporting continuing sales declines and slowing wages growth
31st Oct 24, 5:00am
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Xero says the country's small businesses are reporting continuing sales declines and slowing wages growth
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
BNZ economists look back at some of the reasons why the Reserve Bank made big OCR cuts in the past, finding such reasons don't currently exist
21st Oct 24, 2:22pm
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BNZ economists look back at some of the reasons why the Reserve Bank made big OCR cuts in the past, finding such reasons don't currently exist
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
Statistics NZ says the number of filled jobs rose in August after a four-month slump
4th Oct 24, 1:01pm
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Statistics NZ says the number of filled jobs rose in August after a four-month slump
[updated]
A weak result in the latest NZIER Quarterly Survey of Business Opinion has prompted economists to change their calls and forecast that the RBNZ will cut the Official Cash Rate by a massive 100 basis points before the end of the year
2nd Oct 24, 10:12am
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A weak result in the latest NZIER Quarterly Survey of Business Opinion has prompted economists to change their calls and forecast that the RBNZ will cut the Official Cash Rate by a massive 100 basis points before the end of the year
Westpac McDermott Miller Employment Confidence Survey shows lowest level of confidence since we were emerging from the lockdown in 2020
24th Sep 24, 9:35am
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Westpac McDermott Miller Employment Confidence Survey shows lowest level of confidence since we were emerging from the lockdown in 2020
Kiwibank economists say they would 'advocate' that the Reserve Bank cuts the OCR by 50 basis points both next month and again in November
23rd Sep 24, 3:09pm
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Kiwibank economists say they would 'advocate' that the Reserve Bank cuts the OCR by 50 basis points both next month and again in November
Mortgage rate relief could bring about a breakthrough in the polls that has otherwise eluded Prime Minister Christopher Luxon
22nd Sep 24, 6:30am
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Mortgage rate relief could bring about a breakthrough in the polls that has otherwise eluded Prime Minister Christopher Luxon
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