Unemployment
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
53
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
75
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
4
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
84
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
18
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
52
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
47
NZIER's latest consensus forecasts see zero GDP growth in the 12 months to the end of March 2025
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
146
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
Large numbers of students pushed the monthly net migration gain to more than 5,000 in July
11th Sep 24, 11:33am
55
Large numbers of students pushed the monthly net migration gain to more than 5,000 in July
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
47
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
43
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
22
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
BNZ head of research Stephen Toplis says it will take till 2029 for per capita GDP to return to previous levels
19th Aug 24, 2:36pm
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BNZ head of research Stephen Toplis says it will take till 2029 for per capita GDP to return to previous levels
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
David Hargreaves says it might be in everyone's best interests if the Reserve Bank finds a less blunt way of communicating its thoughts on the future levels of the Official Cash Rate
18th Aug 24, 6:30am
105
David Hargreaves says it might be in everyone's best interests if the Reserve Bank finds a less blunt way of communicating its thoughts on the future levels of the Official Cash Rate
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
Money management and community work sanctions to be imposed on Jobseekers who do not meet obligations
12th Aug 24, 4:50pm
77
Money management and community work sanctions to be imposed on Jobseekers who do not meet obligations
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
33
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
138
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
Population growth outpaced employment in the June quarter, pushing New Zealand’s jobless rate up to 4.6% with youth unemployment rising the most
7th Aug 24, 10:53am
131
Population growth outpaced employment in the June quarter, pushing New Zealand’s jobless rate up to 4.6% with youth unemployment rising the most
[updated]
'We strongly believe the Reserve Bank should be easing monetary policy as soon as possible. Indeed, we are on record as having said that it should already have done so'
6th Aug 24, 10:05am
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'We strongly believe the Reserve Bank should be easing monetary policy as soon as possible. Indeed, we are on record as having said that it should already have done so'
Westpac economists think the Reserve Bank will cut the Official Cash Rate in both October and November and they think GDP contracted 0.6% in the June quarter and the jobless rate will exceed 5.5%
5th Aug 24, 9:54am
47
Westpac economists think the Reserve Bank will cut the Official Cash Rate in both October and November and they think GDP contracted 0.6% in the June quarter and the jobless rate will exceed 5.5%
A rising number of applicants are chasing fewer jobs with some workers even having to take pay cuts, Frog Recruitment's Shannon Barlow says
5th Aug 24, 9:20am
8
A rising number of applicants are chasing fewer jobs with some workers even having to take pay cuts, Frog Recruitment's Shannon Barlow says