Economy
A review of things you need to know before you sign off on Wednesday; jobless rate ticks up, financial stress still very low; housing market languishes, LGFA offers popular, swaps stable, NZD weaker, & more
1st May 24, 4:00pm
104
A review of things you need to know before you sign off on Wednesday; jobless rate ticks up, financial stress still very low; housing market languishes, LGFA offers popular, swaps stable, NZD weaker, & more
Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
1st May 24, 3:56pm
6
Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
Updated purchasing power parities reveal while NZ's per capita GDP sits lower than South Korea, our consumption levels are at the OECD average, and our cost of living is above that average
1st May 24, 2:37pm
3
Updated purchasing power parities reveal while NZ's per capita GDP sits lower than South Korea, our consumption levels are at the OECD average, and our cost of living is above that average
[updated]
The Reserve Bank says financial stress is building from very low levels with particular pressure on the commercial property sector
1st May 24, 11:08am
23
The Reserve Bank says financial stress is building from very low levels with particular pressure on the commercial property sector
Unemployment rate climbed to 4.3% in the March quarter from 4%, just exceeding the Reserve Bank’s expectations
1st May 24, 10:56am
79
Unemployment rate climbed to 4.3% in the March quarter from 4%, just exceeding the Reserve Bank’s expectations
US labour costs and retail sales rise; US sentiment sags; China PMI's marginally positive; EU growth better; Aussie retail soft; UST 10yr 4.68%; gold and oil lower; NZ$1 = 59 USc; TWI-5 = 68.9
1st May 24, 7:19am
38
US labour costs and retail sales rise; US sentiment sags; China PMI's marginally positive; EU growth better; Aussie retail soft; UST 10yr 4.68%; gold and oil lower; NZ$1 = 59 USc; TWI-5 = 68.9
Kenneth Rogoff welcomes economists' recent reassessment of the costs and benefits of public borrowing
30th Apr 24, 4:47pm
4
Kenneth Rogoff welcomes economists' recent reassessment of the costs and benefits of public borrowing
A review of things you need to know before you sign off on Tuesday; a 6.25% TD for 6 months, migrant house buyers scarce, business sentiment sags but still positive, cash balances build, swaps steady, NZD holds, & more
30th Apr 24, 3:59pm
22
A review of things you need to know before you sign off on Tuesday; a 6.25% TD for 6 months, migrant house buyers scarce, business sentiment sags but still positive, cash balances build, swaps steady, NZD holds, & more
Ross Stitt asks whether the Aussie government can cut taxes, stimulate economic growth, increase welfare spending, maintain low unemployment, and balance the budget while suppressing inflation
30th Apr 24, 10:01am
6
Ross Stitt asks whether the Aussie government can cut taxes, stimulate economic growth, increase welfare spending, maintain low unemployment, and balance the budget while suppressing inflation
US inflation pressure points change; G7 foresakes coal; German inflation retreats; yen reverses on suspicions of BofJ intervention; UST 10yr 4.62%; gold firm and oil soft; NZ$1 = 59.8 USc; TWI-5 = 69.3
30th Apr 24, 7:19am
53
US inflation pressure points change; G7 foresakes coal; German inflation retreats; yen reverses on suspicions of BofJ intervention; UST 10yr 4.62%; gold firm and oil soft; NZ$1 = 59.8 USc; TWI-5 = 69.3
A review of things you need to know before you sign off on Monday; TSB launches low mortgage rate, auction activity resilient, labour market data resilient too, swaps steady, NZD holds but yen falls, & more
29th Apr 24, 3:59pm
53
A review of things you need to know before you sign off on Monday; TSB launches low mortgage rate, auction activity resilient, labour market data resilient too, swaps steady, NZD holds but yen falls, & more
China's overcapacity brings profit problems at home; eyes on yuan; Japan stands pat but yen risks rise; US inflation stays sticky; UST 10yr 4.66%; gold eases and oil holds; NZ$1 = 59.4 USc; TWI-5 = 69.2
29th Apr 24, 7:20am
77
China's overcapacity brings profit problems at home; eyes on yuan; Japan stands pat but yen risks rise; US inflation stays sticky; UST 10yr 4.66%; gold eases and oil holds; NZ$1 = 59.4 USc; TWI-5 = 69.2
Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data
28th Apr 24, 6:01am
49
Bank economists anticipate the unemployment rate will edge up when Statistics NZ releases March quarter labour market data
Mohamed El-Erian explains how to recalibrate expectations in the face of yet another forecasting failure
27th Apr 24, 9:36am
1
Mohamed El-Erian explains how to recalibrate expectations in the face of yet another forecasting failure
Does fighting inflation always lead to recession? What 60 years of NZ data can tell us
27th Apr 24, 9:16am
15
Does fighting inflation always lead to recession? What 60 years of NZ data can tell us
An unexpected surge in American inflation demonstrates the danger of cutting interest rates while risks remain in the domestic and global economy
27th Apr 24, 9:00am
56
An unexpected surge in American inflation demonstrates the danger of cutting interest rates while risks remain in the domestic and global economy
US inflation sticky but consumer sentiment and spending unaffected; BofJ facing currency problems; China subsidises car buying; olive oil price jumps; UST 10yr 4.67%; gold firms and oil holds; NZ$1 = 59.5 USc; TWI-5 = 69.2
27th Apr 24, 8:35am
37
US inflation sticky but consumer sentiment and spending unaffected; BofJ facing currency problems; China subsidises car buying; olive oil price jumps; UST 10yr 4.67%; gold firms and oil holds; NZ$1 = 59.5 USc; TWI-5 = 69.2
A review of things you need to know before you sign off on Friday; consumer confidence slides, prioritising the mortgage (less), our taxes are low, our R&D spending is 'high' (?), swaps up, NZD stable, & more
26th Apr 24, 3:59pm
69
A review of things you need to know before you sign off on Friday; consumer confidence slides, prioritising the mortgage (less), our taxes are low, our R&D spending is 'high' (?), swaps up, NZD stable, & more
US growth slows but not inflation; US durable goods orders jump; eyes on Bank of Japan; China office vacancy rate surge; copper prices jump; UST 10yr 4.70%; gold firms and oil holds; NZ$1 = 59.5 USc; TWI-5 = 69.1
26th Apr 24, 7:36am
78
US growth slows but not inflation; US durable goods orders jump; eyes on Bank of Japan; China office vacancy rate surge; copper prices jump; UST 10yr 4.70%; gold firms and oil holds; NZ$1 = 59.5 USc; TWI-5 = 69.1
In a new episode of our Of Interest podcast, Jennifer Wilkins explains what the degrowth movement is about, and how degrowthers see the world
25th Apr 24, 7:30am
134
In a new episode of our Of Interest podcast, Jennifer Wilkins explains what the degrowth movement is about, and how degrowthers see the world
[updated]
A review of things you need to know before you sign off on Wednesday; a tweak up in home loan rates, a huge trade balance improvement, NZGBs popular at a price; swaps firm, NZD on hold, & more
24th Apr 24, 3:59pm
74
A review of things you need to know before you sign off on Wednesday; a tweak up in home loan rates, a huge trade balance improvement, NZGBs popular at a price; swaps firm, NZD on hold, & more
American retail sales strong but factories ease; Strong demand for US Treasuries; Japan, Taiwan and India get rising factory activity; UST 10yr 4.60%; gold eases and oil rises; NZ$1 = 59.4 USc; TWI-5 = 69.1
24th Apr 24, 7:20am
79
American retail sales strong but factories ease; Strong demand for US Treasuries; Japan, Taiwan and India get rising factory activity; UST 10yr 4.60%; gold eases and oil rises; NZ$1 = 59.4 USc; TWI-5 = 69.1
A review of things you need to know before you sign off on Tuesday; no retail rate changes, FHB affordability stabilises, RBNZ squares off against ComCom, cruel retail summer, swaps ease, NZD holds, & more
23rd Apr 24, 3:59pm
45
A review of things you need to know before you sign off on Tuesday; no retail rate changes, FHB affordability stabilises, RBNZ squares off against ComCom, cruel retail summer, swaps ease, NZD holds, & more
Prime Minister Christopher Luxon says New Zealand needs to demonstrate how it can contribute to security and prosperity in its own backyard or it will fall off the world map
23rd Apr 24, 2:39pm
66
Prime Minister Christopher Luxon says New Zealand needs to demonstrate how it can contribute to security and prosperity in its own backyard or it will fall off the world map
Markets await positive earnings reports; China's LPRs on hold; Taiwan exports strong; EU sentiment still weak; Cocoa prices leap; UST 10yr 4.62%; gold drops and oil eases lower; NZ$1 = 59.2 USc; TWI-5 = 69.1
23rd Apr 24, 7:19am
82
Markets await positive earnings reports; China's LPRs on hold; Taiwan exports strong; EU sentiment still weak; Cocoa prices leap; UST 10yr 4.62%; gold drops and oil eases lower; NZ$1 = 59.2 USc; TWI-5 = 69.1