Latest Economy Headlines

NZFC Sets the Scene for a Busy 2015

Wed, 26 Nov 2014 17:29:35 +1300 | New Zealand Film Commission

The New Zealand Film Commission (NZFC) Annual Report 2013/14, tabled in parliament today, outlines changes and developments that will set the scene for future cultural and economic success for the New Zealand screen industry.More >>

CORRECT: NZTE's annual report shows big company woes weigh

Wed, 26 Nov 2014 15:47:24 +1300 | BusinessDesk

Nov. 26 (BusinessDesk) - New Zealand Trade and Enterprise, the government’s international business development agency, said the 540 key companies it works with grew their export revenues by 1.3 percent or $383 million in the 2013/2014 year after some larger ...More >>

Household savings rate positive for five years

Wed, 26 Nov 2014 14:25:30 +1300 | New Zealand Government

New Zealand households have together saved more than they spent over the past five consecutive years – the first time this has happened since 1989-94, Finance Minister Bill English says.More >>

Bay of Connections continues to impact region

Wed, 26 Nov 2014 11:28:24 +1300 | Bay of Connections

The Bay of Connections released its Yearly Impact Report 2014 at a small event last night in Tauranga (25 November), which highlights its success in collaboration with central government, strong advocacy and support of research and development.More >>

New Zealand Digest: The 'lowflation' conundrum

Wed, 26 Nov 2014 11:26:42 +1300 | HSBC Bank

New Zealand’s economy continues to outperform the rest of the OECD, with y-o-y growth running at +3.9% through to the middle of the year. Ordinarily, such strong growth would generate additional inflationary pressures and, indeed, this was expected ...More >>

NZTE's annual report shows big company woes weigh on growth

Wed, 26 Nov 2014 10:27:43 +1300 | BusinessDesk

Nov. 26 (BusinessDesk) - New Zealand Trade and Enterprise, the government’s international business development agency, said the 540 key companies it works with grew their export revenues by 1.3 percent or $383 million in the 2013/2014 year after some larger ...More >>

NZ dollar rises vs. A$ after RBA's Lowe talks down currency

Wed, 26 Nov 2014 08:45:55 +1300 | BusinessDesk

NZ dollar rises to 4-month high vs. A$ after RBA's Lowe talks down currency More >>

NZ economic growth slows to sustainable pace, NZIER says

Wed, 26 Nov 2014 07:21:11 +1300 | BusinessDesk

Nov. 25 (BusinessDesk) - Slowing global growth and the overvalued Auckland housing market are key risks to New Zealand's economy, which is slowing to a more sustainable pace, says Shamubeel Eaqub, chief economist at the New Zealand Institute of Economic ...More >>

PQ 8 Economy—Surplus Target

Tue, 25 Nov 2014 17:01:33 +1300 | Office of the Clerk

8. GRANT ROBERTSON (Labour—Wellington Central) to the Minister of Finance : Does he stand by his statement with regard to the 2014/15 surplus target that “we will achieve one”? More >>

PQ 2 Economy—Growth

Tue, 25 Nov 2014 16:01:04 +1300 | Office of the Clerk

2. ANDREW BAYLY (National—Hunua) to the Minister of Finance : What reports has he received confirming the economy is continuing to grow and that this growth is supporting more jobs and higher incomes? More >>

New bird flu strain in Europe threatens poultry sector

Tue, 25 Nov 2014 15:11:33 +1300 | UN News

24 November 2014 – The United Nations Food and Agriculture Organization ( FAO ) today warned that a new bird flu strain detected in Europe poses a significant threat to the poultry sector, especially in low-resourced countries situated along ...More >>

Greece risks prolonged social crisis

Tue, 25 Nov 2014 14:19:37 +1300 | UN News

Greece’s severe financial crisis has bred social unrest and intolerance of the nearly one million irregular migrants living in the country (October 2012). Photo: IRIN/Kristy Siegfried More >>

PM's Post-Cab on Iain Rennie, China and the Smith Inquiry

Mon, 24 Nov 2014 17:12:26 +1300 | Jeremy Wilkinson

In a press conference held today in Wellington, Prime Minister John Key answered questions regarding Iain Rennie’s potential resignation, the independent inquiry into the Smith/Traynor escape, and recent trade deals with China.More >>

Little's shadow Cabinet has Robertson finance, King deputy

Mon, 24 Nov 2014 12:22:04 +1300 | BusinessDesk

Nov. 24 (BusinessDesk) - Newly elected Labour Party leader Andrew Little has appointed his closest rival for the job, Grant Robertson, to the crucial finance role previously held by David Parker and put caucus steady hand Annette King into the deputy leadership ...More >>

NZ net migration rises to record in Oct as more kiwis return

Mon, 24 Nov 2014 11:36:39 +1300 | BusinessDesk

NZ net migration rises to fresh record in Oct as more kiwis return, Indian students arrive More >>

World Week Ahead: Stocks power higher

Mon, 24 Nov 2014 08:03:24 +1300 | BusinessDesk

Nov. 24 (BusinessDesk) - Wall Street begins a holiday-shortened week at record highs as investors eye a meeting of the world’s top oil exporters to see whether they will curb production amid an extended slump in the commodity’s price. More >>

Anaemic growth for shipping industry

Sun, 23 Nov 2014 16:17:00 +1300 | UN News

20 November 2014 – The growth of global seaborne shipping over the past year has reflected the “stumbling” progress of the world economy, the United Nations trade and development body announced today as it presented its latest report on the “volatile ...More >>

Investors back Prime Range Meats’ growth plan

Sun, 23 Nov 2014 14:18:11 +1300 | Prime Range Meats

Invercargill New Zealand November 21 2014: In a move that will see Prime Range Meats firmly hooked into its own secure supply chain into China, Lianhua Trading Group is increasing its shareholding from 24.9% to 75%. The move has been approved by the ...More >>

NZX signs MOU with freshly-licensed Bank of China

Fri, 21 Nov 2014 15:24:58 +1300 | BusinessDesk

Nov. 21 (BusinessDesk) - NZX, New Zealand's stock market operator, has signed a memorandum of understanding with the Bank of China to develop financial products, with a focus on the agricultural sector and capital markets.More >>

National income shows strong growth in 2014

Fri, 21 Nov 2014 14:25:48 +1300 | Statistics New Zealand

In the March 2014 year, New Zealand earned $14.4 billion more as a country than in 2013, Statistics New Zealand said today. National disposable income was up 8.2 percent to $189.2 billion, in current prices, in the March 2014 year.More >>

 

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