Economy

'Crisis level': NZIER warns economic recovery alone won't solve surging youth unemployment, saying it's 'a serious problem that cannot be left to resolve itself''

'Crisis level': NZIER warns economic recovery alone won't solve surging youth unemployment, saying it's 'a serious problem that cannot be left to resolve itself''

Eswar Prasad and Thomas Riveros see promising growth trajectories in both developed and developing economies, despite inflationary pressures

Eswar Prasad and Thomas Riveros see promising growth trajectories in both developed and developing economies, despite inflationary pressures

US sentiment falls again; Canada jobs market shrinks; Japanese machine tool orders strong; Malaysia strong; EU & China agree to cut some big Chinese car exports; UST 10yr at 5.25%; gold and oil rise; NZ$1 = 56.1 USc; TWI-5 = 59.9

US sentiment falls again; Canada jobs market shrinks; Japanese machine tool orders strong; Malaysia strong; EU & China agree to cut some big Chinese car exports; UST 10yr at 5.25%; gold and oil rise; NZ$1 = 56.1 USc; TWI-5 = 59.9

A review of things you need to know before you sign off on Friday; fewer properties rented, wool prices rise, livestock prices steady, primary export growth close to target, housing asset stalls, swaps dip, NZD holds, & more

A review of things you need to know before you sign off on Friday; fewer properties rented, wool prices rise, livestock prices steady, primary export growth close to target, housing asset stalls, swaps dip, NZD holds, & more

Westpac NZ economists see inflation heading towards a three-year 'all gas, no brakes' high by the end of 2026 and have also downgraded house price projections

Westpac NZ economists see inflation heading towards a three-year 'all gas, no brakes' high by the end of 2026 and have also downgraded house price projections

US data positive but support for the UST 30yr soft; US farm debt problems jump; Taiwan stars yet again; Aussie inflation expectations rise; WTO raises trade forecasts; UST 10yr at 5.24%; gold holds, oil rises; NZ$1 = 56 USc; TWI-5 = 59.8

US data positive but support for the UST 30yr soft; US farm debt problems jump; Taiwan stars yet again; Aussie inflation expectations rise; WTO raises trade forecasts; UST 10yr at 5.24%; gold holds, oil rises; NZ$1 = 56 USc; TWI-5 = 59.8

A review of things you need to know before you sign off on Thursday; ASB changes many rates, building costs rise, workers lose share, Westpac ups payout forecast, NZGB tender popular, swaps stable, NZD soft, & more

A review of things you need to know before you sign off on Thursday; ASB changes many rates, building costs rise, workers lose share, Westpac ups payout forecast, NZGB tender popular, swaps stable, NZD soft, & more

US mortgage rates jump; US inflation expectations jump; US Fed members aligned in inflation fight; China's gold holding jump; India hikes; German factories busy; UST 10yr at 5.29%; gold soft, oil holds high; NZ$1 = 56 USc; TWI-5 = 59.8

US mortgage rates jump; US inflation expectations jump; US Fed members aligned in inflation fight; China's gold holding jump; India hikes; German factories busy; UST 10yr at 5.29%; gold soft, oil holds high; NZ$1 = 56 USc; TWI-5 = 59.8

A review of things you need to know before you sign off on Wednesday; no retail rate changes, spending 'resilient', dairy prices rise, housing demographics not positive, climate shifts into uncharted territory, swaps NZX and NZD all stable, & more

A review of things you need to know before you sign off on Wednesday; no retail rate changes, spending 'resilient', dairy prices rise, housing demographics not positive, climate shifts into uncharted territory, swaps NZX and NZD all stable, & more

Westpac NZ’s September card spending shows a 1.4% monthly increase and a 7.7% annual increase in retail activity driven by soaring fuel costs

Westpac NZ’s September card spending shows a 1.4% monthly increase and a 7.7% annual increase in retail activity driven by soaring fuel costs

Second tier US data quite mixed; Canada reports larger trade surplus; China expansion slows; dairy prices firm; Australian consumer sentiment weak; UST 10yr at 5.26%; gold firmish but oil eases again; NZ$1 = 56.2 USc; TWI-5 = 60

Second tier US data quite mixed; Canada reports larger trade surplus; China expansion slows; dairy prices firm; Australian consumer sentiment weak; UST 10yr at 5.26%; gold firmish but oil eases again; NZ$1 = 56.2 USc; TWI-5 = 60

A review of things you need to know before you sign off on Tuesday; Rabobank raises longer TD rates, NZIER survey finds optimism ahead, consumer spending weak & stressed, NEVs rule, swaps rise, NZX firmish, NZD holds, & more

A review of things you need to know before you sign off on Tuesday; Rabobank raises longer TD rates, NZIER survey finds optimism ahead, consumer spending weak & stressed, NEVs rule, swaps rise, NZX firmish, NZD holds, & more

NZIER finds NZ business optimism bounced back during the September quarter as firms expect stronger economic recovery over the next 12 months

NZIER finds NZ business optimism bounced back during the September quarter as firms expect stronger economic recovery over the next 12 months

Benchmark rates rise; Brazil votes; US service sector expands; Canada's doesn't; China holiday spending good; France stressed; UST 10yr at 5.34%; gold softer and oil eases slightly despite renewed attacks; NZ$1 = 55.9 USc; TWI-5 = 59.7

Benchmark rates rise; Brazil votes; US service sector expands; Canada's doesn't; China holiday spending good; France stressed; UST 10yr at 5.34%; gold softer and oil eases slightly despite renewed attacks; NZ$1 = 55.9 USc; TWI-5 = 59.7

A review of things you need to know before you sign off on Monday; no retail rate changes, Barfoots reveals soft trading, S&P like Auckland Council, new lending falls, commodity prices turn up, we buy cars enthusiastically, swaps stable, NZD soft, & more

A review of things you need to know before you sign off on Monday; no retail rate changes, Barfoots reveals soft trading, S&P like Auckland Council, new lending falls, commodity prices turn up, we buy cars enthusiastically, swaps stable, NZD soft, & more