Latest Economy Headlines

Government Financial Statements, 4 Months to 31/10/16

Tue, 6 Dec 2016 16:34:01 +1300 | New Zealand Treasury

Please find attached the Financial Statements of the Government of New Zealand for the four months ended 31 October 2016. More >>

NZ government accounts show smaller-than-expected deficit

Tue, 6 Dec 2016 13:25:35 +1300 | BusinessDesk

Dec. 6 (BusinessDesk) - The New Zealand government's accounts recorded a smaller-than-forecast deficit in the first four months of the fiscal year on a higher-than-expected inflow of corporate and goods and services tax.More >>

NZ sheep, beef farmer confidence drops sharply

Mon, 5 Dec 2016 21:50:13 +1300 | BusinessDesk

Dec. 5 (BusinessDesk) - A sharp slump in confidence amongst beef and sheep farmers has tempered dairy farmer optimism in the latest Rabobank confidence survey of New Zealand farmers.More >>

NZ retirement age in question with Key exit

Mon, 5 Dec 2016 17:38:11 +1300 | BusinessDesk

NZ retirement age in question with Key exit; Labour's Little rules out raising age More >>

In a shock announcement today, PM John Key resigned

Mon, 5 Dec 2016 16:21:36 +1300 | PricewaterhouseCoopers

Immediately after the breaking news, we watched the New Zealand dollar drop. So how are the markets reacting now? Also, what does this news mean for the Government and New Zealand as a whole?More >>

Economic stability provides opportunities

Mon, 5 Dec 2016 16:02:55 +1300 | United Nations ESCAP

Economic stability in Asia and the Pacific provides opportunities to make progress on productivity and inclusiveness By Dr.Shamshad Akhtar More >>

PM's Press Conference: Key will step down on a high note

Mon, 5 Dec 2016 15:03:08 +1300 | Liana Pantaleo

Prime Minister John Key held an earlier-than-usual press conference today for a reason he would not disclose beforehand: He will be stepping down as Prime Minister as of 12 December, one week from now.More >>

Monthly Economic Indicators November 2016

Mon, 5 Dec 2016 14:21:13 +1300 | The Treasury

The November Monthly Economic Indicators (MEI) was published today on the Treasury website at 2:00pm. The report provides a summary of recent economic events. More >>

Lamb flap prices rise to 20-month high

Mon, 5 Dec 2016 13:51:05 +1300 | BusinessDesk

Dec. 5 (BusinessDesk) - Prices for the humble lamb flap are on a tear, hitting their highest level in 20 months, driven by increased demand from China and lower supply from New Zealand.More >>

HiFX Data Update - Prime Minister's Resignation

Mon, 5 Dec 2016 13:46:38 +1300 | HiFX

Breaking News: John Key has just announced he is resigning as Prime Minister. The National Party caucus will hold a meeting on 12th December to decide the new party leader and Prime Minister. John Key has indicated Finance Minister Bill English is ...More >>

New vehicles sales hit record highs for November

Fri, 2 Dec 2016 21:07:16 +1300 | BusinessDesk

New vehicles sales hit record highs for November due to higher net migration and low interest rates More >>

Tourism bed tax should include Air BnB, says report

Fri, 2 Dec 2016 17:24:22 +1300 | BusinessDesk

Dec. 2 (BusinessDesk) - A joint tourism industry proposal to raise $130 million a year for public facilities that tourists use should include a $2 per night bed tax and include accommodation offered through the 'sharing economy' accommodation app ...More >>

Ruapehu well placed to benefit from tourism growth

Fri, 2 Dec 2016 17:18:49 +1300 | Raupehu District Council

Local tourism operators had the benefit of hearing first hand from Tourism Industry Aotearoa (TIA) Chief Executive Chris Roberts on the positive performance of NZ tourism at a special breakfast presentation in Ohakune this week.More >>

Economic growth figures out by Christmas

Fri, 2 Dec 2016 16:25:04 +1300 | Statistics New Zealand

Gross Domestic Product: September 2016 quarter (GDP) and Balance of Payments and International Investment Position: September 2016 quarter (BOP) will both be published on 22 December 2016, Statistics NZ said today.More >>

Godfrey Hirst ends fight on wool scour monopoly

Fri, 2 Dec 2016 16:21:45 +1300 | BusinessDesk

Dec. 2 (BusinessDesk) - Godfrey Hirst says it will abandon its fight to overturn the regulatory approval for a wool scouring monopoly in New Zealand involving NZX-listed rival Cavalier, despite judging it a "major blow to the wool industry and competition ...More >>

Earthquake doesn’t impact WCC’s strong credit rating

Fri, 2 Dec 2016 13:22:17 +1300 | Wellington City Council

The 14 November earthquake hasn’t affected Wellington City Council’s Standard and Poor’s (S&P) global credit rating – which has been maintained at AA. More >>

Huge savings for economy from humble wasp

Fri, 2 Dec 2016 13:05:18 +1300 | AgResearch

A humble Irish wasp has saved New Zealand almost half a billion dollars, AgResearch estimates. More >>

Way forward for tourism infrastructure

Fri, 2 Dec 2016 13:04:05 +1300 | Air New Zealand

Four of New Zealand’s key tourism leaders have jointly released a report to the Minister of Tourism proposing the establishment of a $130m annual fund to address the infrastructure challenges that tourism brings, particularly for regional communities.More >>

Good progress on investment attraction strategy

Fri, 2 Dec 2016 11:40:05 +1300 | New Zealand Government

Economic Development Minister Steven Joyce has welcomed news that New Zealand is attracting a higher level of quality international investment in three key areas. More >>

Great region, great story – let’s tell it!

Fri, 2 Dec 2016 10:30:08 +1300 | Waikato Means Business

Economic Development Minister Steven Joyce has today launched The Waikato Story, a toolkit of resources to help drive economic growth by building a strong, consistent profile of the mighty Waikato.More >>

 

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