Latest Economy Headlines

ExploreChristchurch campaign kicks off

Fri, 20 Jul 2018 15:02:04 +1200 | Christchurch NZ

20 July 2018 City leaders have launched a campaign to encourage residents to reconnect with the city centre and stimulate economic activity throughout the winter months. The Explore Christchurch campaign encourages residents to get out and about and explore ...More >>

West Coast: kickstart for ports, rail, town

Fri, 20 Jul 2018 12:59:27 +1200 | New Zealand Government

The Provincial Growth Fund (PGF) is backing the West Coast with initial investment in projects that could lift the region’s productivity potential and future-proof its economy.More >>

Annual net migration down 7,400 from peak in 2017

Fri, 20 Jul 2018 11:11:54 +1200 | Statistics New Zealand

Annual net migration eased slightly to 65,000 in the June 2018 year, as fewer migrants arrived and more left, Stats NZ said today. More >>

Lack of investment biggest threat to global economy

Fri, 20 Jul 2018 10:54:20 +1200 | Grant Thornton

According to Grant Thornton International’s latest International Business Report (IBR) survey, New Zealand business leaders are becoming less confident about the economic outlook with optimism falling from 76% in Q1 2018 to 60% last quarter. This ...More >>

Carbon road map must consider economic, social impacts

Fri, 20 Jul 2018 10:40:36 +1200 | Federated Farmers

Federated Farmers supports moves to significantly reduce emissions and meet our Paris Agreement commitments but says this should not be at the expense of New Zealanders’ economic and social wellbeing.More >>

Zero Carbon Bill attracts thousands of submissions

Thu, 19 Jul 2018 17:04:11 +1200 | New Zealand Government

The Government’s plan to introduce a new Zero Carbon Bill has brought thousands of people together to discuss how we address climate change. More >>

Rise in accommodation supplements cause modest rent rise

Thu, 19 Jul 2018 15:08:12 +1200 | MOTU

The accommodation supplement benefit is the government’s largest direct investment in private sector housing subsidies. It provides assistance with housing costs for 11 percent of the population, with about two-thirds of recipients being renters. ...More >>

New report shows Government slowing economy

Thu, 19 Jul 2018 12:58:33 +1200 | New Zealand National Party

The Infometrics analysis released last night is far from a glowing endorsement of this Government’s economic management and shows that it must act to improve declining economic forecasts and plummeting business confidence, National’s Finance spokesperson ...More >>

Provincial NZ dominates economic growth prospects

Wed, 18 Jul 2018 20:14:46 +1200 | Infometrics

New Zealand’s provincial economies are poised to drive growth in the economy, building on the recovery in dairy prices during 2016, according to Infometrics latest economic forecasts. Spending activity in the regions is comfortably outpacing activity in ...More >>

Mercury Quarterly Operational Update

Wed, 18 Jul 2018 14:31:20 +1200 | Mercury Energy

• RECORD ANNUAL GENERATION - Annual generation 7,704GWh; Hydro generation 947GWh above average • DEMAND GROWTH - Underlying demand up 1.8% led by urban and dairy sectors • SUSTAINED RETAIL COMPETITION - Annual churn for all Mercury brands up ...More >>

Dairy product prices slip, declining for ninth time

Wed, 18 Jul 2018 09:55:36 +1200 | BusinessDesk

July 18 (BusinessDesk) - Dairy product prices fell at the Global Dairy Trade auction, as slides in rennet casein and butter outweighed a surprise gain in whole milk powder. More >>

NZ June qtr inflation just below forecast

Tue, 17 Jul 2018 13:55:36 +1200 | BusinessDesk

July 17 (BusinessDesk) - New Zealand second-quarter inflation was slightly lower than economists had expected but in line with central bank forecasts as housing-related prices continue to push higher.More >>

Inflation is still low, but headed higher

Tue, 17 Jul 2018 13:47:50 +1200 | Kiwibank

It might have been cheaper to upgrade the car, just less so to add to the house. Key Points • Food, alcohol, construction, and rents all surprised slightly on the high-side. • Petrol rose, and will rise some more. Used cars were heavily discounted. ...More >>

Service sector shows worrying signs for economy

Mon, 16 Jul 2018 14:49:08 +1200 | New Zealand National Party

The services sector of the economy is now performing at its worst level since 2012 – raising concerns about the economy’s ability to continue to create opportunities, grow jobs and lift wages, National Finance Spokesperson Amy Adams says.More >>

Need to rethink industrial relations

Fri, 13 Jul 2018 14:40:41 +1200 | EMA

EMA believes the series of recent business-related commentary on low productivity, business confidence dropping and inflation rising, adds to its call for a rethink on the Employment Relations Amendment Bill and other industrial relations legislation.More >>

House prices $300,000 above what NZers think affordable

Fri, 13 Jul 2018 14:05:56 +1200 | Horizonpoll

On average New Zealanders think an affordable home price would be $375,200. This is $300,480 below Quotable Value’s national average house price, for the three months ending June 30, 2018.More >>

Wgtn business confidence drops back to pre-Christmas levels

Fri, 13 Jul 2018 09:29:16 +1200 | Wellington Chamber Of Commerce

Confidence among Wellington region businesses has retreated to pre-Christmas levels, according to the latest Wellington Chamber of Commerce Business Confidence Survey. More >>

Taranaki needs oil and gas, not an ‘economy manager’

Fri, 13 Jul 2018 09:24:37 +1200 | New Zealand Taxpayers' Union

“No amount of communist-style economic planning will undo the damage of the oil and gas ban,” says Taxpayers’ Union spokesman Louis Houlbrooke. “The Government wants to shield Taranaki’s economy by appointing a $600,000-dollar ‘transitional ...More >>

New labour law settings will stoke inflation

Thu, 12 Jul 2018 18:24:17 +1200 | BusinessDesk

July 12 (BusinessDesk) - Hikes to New Zealand's minimum wage and a move towards collective bargaining will accelerate the pace of pay rises over the next five years and spur inflation, ASB Bank economists say.More >>

NZers' confidence in markets remains relatively upbeat

Thu, 12 Jul 2018 15:12:26 +1200 | BusinessDesk

July 12 (BusinessDesk) - New Zealanders' confidence in the country's financial markets dipped a touch but stayed relatively upbeat in an increasingly uncertain and volatile environment, with people largely comfortable about the stability of markets and the ...More >>

 
 
 
 
 
 
 

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