Latest Economy Headlines

English confirms he has no plan to raise wages

Wed, 16 Apr 2014 16:45:37 +1200 | New Zealand Labour Party

Finance Minister Bill English has confirmed he has absolutely no plans to lift wages, Labour’s spokesperson on Labour Issues, Andrew Little says. More >>

NZ government scales back larger applications for Genesis

Wed, 16 Apr 2014 15:22:42 +1200 | BusinessDesk

April 16 (BusinessDesk) - The government will progressively scale down applications for large shareholdings in Genesis Energy ahead of tomorrow’s listing after the final partial privatisation in the current programme attracted 68,000 investors.More >>

NZ inflation moderates: Still expect a rate hike next week

Wed, 16 Apr 2014 14:28:45 +1200 | HSBC Bank

New Zealand's CPI increased by +1.5% y-o-y in Q1 (market had +1.7%) – a slight moderation from the +1.6% annual pace seen in Q4. Domestic costs are moving higher on the back of a strengthening economy, but, at the same time, an elevated NZD helped ...More >>

Now David really has some explaining to do

Wed, 16 Apr 2014 13:26:05 +1200 | New Zealand Government

Transport Minister Gerry Brownlee says Labour leader David Cunliffe has got himself in the most astonishing predicament on TV3’s Firstline this morning, by claiming the National Land Transport Fund is “going to be in surplus very soon,” so it’s ...More >>

Interest rates rise but only smokes increasing

Wed, 16 Apr 2014 13:24:15 +1200 | New Zealand Labour Party

Mortgage rate rises are making life harder for homeowners, and many of them will be surprised the latest CPI figures show inflation would be zero were it not for tobacco tax hikes, says Labour’s Finance spokesperson David Parker. More >>

Low innovation and weak international connections

Wed, 16 Apr 2014 12:57:59 +1200 | Productivity Commission

Although productivity growth is picking up, New Zealand still has a large productivity gap compared to other OECD countries. More >>

Rio Tinto Wins 2013 Roger Award

Wed, 16 Apr 2014 12:56:14 +1200 | CAFCA

Sky City Casino Second, Chorus Third - The criteria for judging are by assessing the transnational (a corporation with 25% or more foreign ownership) that has the most negative impact in each or all of the following categories: economic dominance ...More >>

NZ consumer prices rise 0.3% in 1Q, missing estimates

Wed, 16 Apr 2014 10:59:52 +1200 | BusinessDesk

NZ consumer prices rise 0.3% in first quarter on tobacco tax hike, more expensive housing More >>

CPI increases 0.3 percent in March quarter

Wed, 16 Apr 2014 10:53:59 +1200 | Statistics New Zealand

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays.More >>

English: Pre-Budget Speech, Wellington

Tue, 15 Apr 2014 17:24:11 +1200 | New Zealand Government

It’s great to see measures of business confidence in Wellington rising. I recently attended the 20th anniversary of Infratil, a Wellington-based company built on managing airports and electricity companies better than governments can.More >>

Rural Sales Volumes Strong, With Prices Holding Steady

Tue, 15 Apr 2014 15:02:06 +1200 | Real Estate Institute Of New Zealand

Data released today by the Real Estate Institute of NZ (“REINZ”) shows there were 94 more farm sales (+25.5%) for the three months ended March 2014 than for the three months ended March 2013. Overall, there were 472 farm sales in the three months ...More >>

NZ Businesswomen Expecting More in 2014

Tue, 15 Apr 2014 14:49:46 +1200 | MYOB

Women more likely than men to see themselves as successful; More focused on business growth via improving profitability< More >>

Budget to show rise in full-time income to 2018: English

Tue, 15 Apr 2014 13:10:00 +1200 | BusinessDesk

Budget to show $10,500 rise in average full-time income over six years to 2018: English More >>

Growth seen further lifting average wage by $7,500

Tue, 15 Apr 2014 12:05:30 +1200 | New Zealand Government

The average annual wage is expected to increase by $7,500 to around $62,200 a year by 2018 if New Zealand achieves its economic growth forecasts over the next four years, Finance Minister Bill English says.More >>

Gordon Campbell on royalty and its tourism spin-offs

Tue, 15 Apr 2014 11:26:17 +1200 | Gordon Campbell

Ultimately the Queen’s longevity has been one of her most significant accomplishments. A transition to Prince Charles while the monarchy was in the pits of public esteem in the mid to late 1990s would have been disastrous for the Royal Firm.More >>

International Trade Union Confederation

Tue, 15 Apr 2014 11:22:05 +1200 | ITUC

Climate report shows job growth linkage with climate action. More >>

Workers at Canterbury Yarns need redundancy support

Tue, 15 Apr 2014 11:00:52 +1200 | Green Party

Workers faced with redundancy at Canterbury Yarns need a redundancy support co-ordinator, Green Party industrial relations spokesperson Denise Roche said today. More >>

The worm turns for dairy prices and interest rates

Tue, 15 Apr 2014 10:40:42 +1200 | ASB Bank

The record dairy price run has come to an end, according to the first ASB Farmshed Economics Report. More >>

Kiwi at risk ahead of CPI and Dairy auction

Tue, 15 Apr 2014 10:19:29 +1200 | CMC Markets

Wednesday poses as the key day for the NZD this week, with the release of an important data dump from China, the latest Online Dairy auction results, and Q1 CPI in New Zealand. Local traders have priced-in a 0.5% CPI increase for the March quarter, ...More >>

NZ dollar drops to 2-mth low vs. A$ ahead of RBA minutes

Tue, 15 Apr 2014 08:47:54 +1200 | BusinessDesk

April 15 (BusinessDesk) – The New Zealand dollar dropped to a two-month low against the Australian currency ahead of today’s release of the Reserve Bank of Australia’s minutes of its meeting this month which is expected to confirm positive sentiment ...More >>


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