Recession
The Reserve Bank is clearing the way for further interest rate falls, which should spark the economy again. But when and how quickly? David Hargreaves has a look at how things are tracking
2nd Mar 25, 6:30am
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The Reserve Bank is clearing the way for further interest rate falls, which should spark the economy again. But when and how quickly? David Hargreaves has a look at how things are tracking
No improvement for Spark in latest financials, as recession takes big bites out of earnings and profit
21st Feb 25, 10:31am
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No improvement for Spark in latest financials, as recession takes big bites out of earnings and profit
[updated]
Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
19th Feb 25, 2:14pm
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Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
[updated]
Weak NZ economy and more proactive and prescriptive approach to loan arrears leads to almost $50m impairment for Heartland, shares tank
18th Feb 25, 10:14am
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Weak NZ economy and more proactive and prescriptive approach to loan arrears leads to almost $50m impairment for Heartland, shares tank
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate strongly agree the OCR will be cut 50 basis points this week - but there's a diversity of views on what should come next
17th Feb 25, 11:47am
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Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate strongly agree the OCR will be cut 50 basis points this week - but there's a diversity of views on what should come next
The services sector expanded slightly in January, as did the manufacturing sector - results that point toward an economic recovery later in the year
17th Feb 25, 11:04am
5
The services sector expanded slightly in January, as did the manufacturing sector - results that point toward an economic recovery later in the year
A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
16th Feb 25, 6:30am
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A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
[updated]
The Reserve Bank will have to deliver more interest rate cuts than it has signalled this year, or the risk of further job losses will only grow, Kiwibank economists say
10th Feb 25, 1:35pm
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The Reserve Bank will have to deliver more interest rate cuts than it has signalled this year, or the risk of further job losses will only grow, Kiwibank economists say
RBNZ chief economist Paul Conway sees dominance of the 'traditional drivers of growth' in the New Zealand economy coming to an end
30th Jan 25, 10:01am
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RBNZ chief economist Paul Conway sees dominance of the 'traditional drivers of growth' in the New Zealand economy coming to an end
RBNZ chief economist Paul Conway says the central bank will have to 'feel its way' as the OCR gets closer to its estimate of neutral and he doesn't see a return to 'ultra-low' rates seen during the early stages of the pandemic any time soon
29th Jan 25, 12:26pm
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RBNZ chief economist Paul Conway says the central bank will have to 'feel its way' as the OCR gets closer to its estimate of neutral and he doesn't see a return to 'ultra-low' rates seen during the early stages of the pandemic any time soon
Another monthly rise in the number of filled jobs in December may indicate that New Zealand's rate of unemployment is close to peaking
28th Jan 25, 11:27am
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Another monthly rise in the number of filled jobs in December may indicate that New Zealand's rate of unemployment is close to peaking
HSBC economists expect the Official Cash Rate to be down to 3% by the third quarter of this year and see the economy growing 1.8% in 2025 and 2.5% next year
28th Jan 25, 10:25am
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HSBC economists expect the Official Cash Rate to be down to 3% by the third quarter of this year and see the economy growing 1.8% in 2025 and 2.5% next year
[updated]
Activity in NZ's services sector contracted further in December, matching a more contractionary performance in the month from the manufacturing sector as well
21st Jan 25, 10:47am
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Activity in NZ's services sector contracted further in December, matching a more contractionary performance in the month from the manufacturing sector as well
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
Revised economic data shows New Zealand only entered recession in March 2024
19th Dec 24, 10:56am
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Revised economic data shows New Zealand only entered recession in 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
Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction
16th Dec 24, 10:49am
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Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction
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
Rising number of liquidations sees wholesale trade sector, construction and transport hard hit, credit bureau Centrix says
3rd Dec 24, 5:00am
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Rising number of liquidations sees wholesale trade sector, construction and transport hard hit, credit bureau Centrix says
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