Latest Economy Headlines

Construction surges ahead but salaries lag behind

Wed, 27 Aug 2014 13:56:43 +1200 | Hays Recruitment

80 per cent of employers say business activity has increased in New Zealand’s construction industry over the last 12 months yet salaries remain steady for most roles, according to the 2014 Hays Construction/NZIOB Salary Guide .More >>

NZ And International Investment Welcomed by Farmers

Wed, 27 Aug 2014 13:46:55 +1200 | Fonterra Shareholders' Council

Fonterra Shareholders’ Council Chairman, Ian Brown said today’s announced investments in New Zealand’s milk pools and a global partnership with China’s Beingmate were bold moves that would be welcomed by the Co-operative’s Farmers.More >>

Fonterra Maintains Forecast Farmgate Milk Price for 2014/15

Wed, 27 Aug 2014 13:37:21 +1200 | Fonterra

27 August 2014 Fonterra Maintains Forecast Farmgate Milk Price for 2014/15 Season Fonterra Co-operative Group Limited today maintained its forecast Farmgate Milk Price for the 2014/15 season at $6.00 per kgMS.More >>

Support for capital gains tax misguided

Wed, 27 Aug 2014 11:48:37 +1200 | NZ Property Investors' Federation

Nearly half of the respondents to TV One’s Vote Compass survey supported a Capital Gains Tax (CGT). This is hardly surprising given the information presented to them. More >>

Food prices fall 0.7 percent in July

Wed, 27 Aug 2014 11:23:48 +1200 | Statistics New Zealand

Food prices fell 0.7 percent in the month of July 2014, Statistics New Zealand said today. This fall follows a 1.4 percent rise in June and a 0.6 percent rise in May. More >>

Triple growth target for new acceleration programme

Wed, 27 Aug 2014 09:24:33 +1200 | Great Lake Taupo

Enterprise Great Lake Taupo today launched a new business growth initiative to help up to 20 local businesses fast-track their growth plans. More >>

Gull Drops Pump Prices

Wed, 27 Aug 2014 09:15:47 +1200 | Gull New Zealand

Auckland, 27 August 2014 – Today, Gull has announced a drop in fuel prices of 10c per litre, commencing at 7am Wednesday 27 August and running through to midday Thursday 28 August.More >>

Bridges: Speech to AusIMM Conference

Tue, 26 Aug 2014 17:14:47 +1200 | New Zealand Government

Good morning everyone. It’s a pleasure to be here for the 2014 AusIMM New Zealand Annual Conference – my second since becoming Energy and Resources Minister. More >>

National gets fast and loose with the facts

Tue, 26 Aug 2014 16:44:19 +1200 | New Zealand Labour Party

In their desperation to make it look as though they are doing something about the housing crisis, National is playing fast and loose, says Labour’s housing spokesperson Phil Twyford.More >>

Time to rethink India's IT reputation, delegation says

Tue, 26 Aug 2014 16:11:46 +1200 | BusinessDesk

Aug. 26 (BusinessDesk) - India's reputation as a low-cost hub for IT "offshoring" is becoming a thing of the past and the country is emerging as an innovation hub with capacity to take ideas to commercial scale, says a leading member of a 15-strong ...More >>

NZ credit ratings, stable outlook affirmed by S&P

Tue, 26 Aug 2014 14:54:20 +1200 | BusinessDesk

Aug. 26 (BusinessDesk) - New Zealand's credit ratings were affirmed by Standard & Poor's, citing the nation's fiscal and monetary policy flexibility, economic resilience, public policy stability and sound financial sector.More >>

‘Rock star’ economy hitting the rocks

Tue, 26 Aug 2014 13:51:42 +1200 | Green Party

National’s so-called ‘rock star’ economy is unravelling and today’s trade figures for July showing a 7.5 percent fall in exports from June is a sign of the trouble ahead, the Green Party said today.More >>

Building Apprentices Still Not Enough to Meet Growing Demand

Tue, 26 Aug 2014 12:20:43 +1200 | BCITO

26 August 2014 – The Building and Construction Industry Training Organisation (BCITO) is experiencing unprecedented growth in new apprenticeships, but the construction industry still remains woefully short on skilled tradespeople.More >>

Aucklanders and Wellingtonians Ignore Engine Warning Lights

Tue, 26 Aug 2014 11:30:41 +1200 | Canstar Blue

Fifty per cent of Aucklanders are turning to DIY car service jobs to save money More >>

2014 REM survey

Tue, 26 Aug 2014 11:19:54 +1200 | Institute Of Directors

The Institute of Directors 2014 Directors’ Fees Report shows directors’ fees have risen this year after several years of little change. More >>

NZ turns to a trade gap in July, led by falling log prices

Tue, 26 Aug 2014 10:52:21 +1200 | BusinessDesk

Aug. 26 (BusinessDesk) - New Zealand posted its first monthly trade deficit in nine months in July, led by falling prices for export logs and wood products. More >>

Office sector leads New Zealand commercial property returns

Tue, 26 Aug 2014 10:27:23 +1200 | Property Council Of New Zealand

Sydney, 22 August 2014 : The PCNZ/IPD New Zealand Quarterly Property Index Q2 2014 results, released today, showed a total return of 11.1% for the year-ending June 2014. This was comprised of 7.7% income return and 3.1% capital growth. More >>

Continued US Dollar strength keeps Kiwi on the ropes

Tue, 26 Aug 2014 10:03:41 +1200 | CMC Markets

The weekend’s gathering of global central bankers at Jackson Hole has reinforced the different challenges facing major economy’s at present, and endorsed the view of a stronger US Dollar. Fed Chair Janet Yellen acknowledges the improving unemployment ...More >>

National and Labour to outline economic visions

Tue, 26 Aug 2014 09:40:48 +1200 | Victoria University of Wellington

The deputy leaders of National and Labour will outline their visions for the New Zealand economy in two upcoming public lectures hosted by Victoria University of Wellington.More >>

Tourism Manifesto

Tue, 26 Aug 2014 09:27:56 +1200 | Regional Tourism Organisations New Zealand

Tourism Manifesto The Tourism Election Manifesto’s six key priorities will keep an emphasis on reaching the $41B target set out in Tourism 2025. David Perks, Chair of Regional Tourism Organisations New Zealand (RTONZ) commented that “it’s time ...More >>


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