Latest Economy Headlines

NZ dollar little changed before dairy auction

Wed, 18 Jan 2017 08:57:10 +1300 | BusinessDesk

Jan. 17 (BusinessDesk) - The New Zealand dollar was little changed, with no tail wind from US financial markets closed for the Martin Luther King Jr holiday, in the run-up to a dairy auction that has seen milk powder futures fall and a Brexit speech ...More >>

Mayor welcomes record business confidence despite quakes

Tue, 17 Jan 2017 13:42:24 +1300 | Wellington City Council

Business confidence in Wellington has hit a two year high, showing the city’s businesses have been resilient in the face of the earthquakes, says Wellington Mayor Justin Lester.More >>

House prices rise, sales volumes ease

Tue, 17 Jan 2017 13:24:35 +1300 | Real Estate Institute Of New Zealand

Median house prices have risen and sales volumes have stayed flat or fallen across New Zealand in December 2016 when compared to December 2015, according to the latest figures released today by REINZ, source of the most recent, complete and accurate ...More >>

NZ firms stay upbeat in Dec on building boom, rural recovery

Tue, 17 Jan 2017 13:13:31 +1300 | BusinessDesk

Jan. 17 (BusinessDesk) - New Zealand businesses stayed relatively upbeat about the state of the economy in the final three months of 2016, as the nation's building boom continued to soak up resources and the recovery in global dairy prices lifted ...More >>

2017 will be better than you think, as Asia leads the way

Tue, 17 Jan 2017 12:21:09 +1300 | Deloitte

2017 will be better than you think, according to Deloitte, who today released the first edition of their Voice of Asia series, a collaborative effort by Deloitte member firms in the Asia Pacific region. More >>

NZ dollar falls as yen strengthens ahead of inauguration

Tue, 17 Jan 2017 08:37:10 +1300 | BusinessDesk

Jan. 16 (BusinessDesk) - The New Zealand dollar fell against the yen, which has broadly strengthened ahead of Donald Trump's inauguration on Friday, and gained against the pound on renewed Brexit concerns.More >>

NZ lamb returns may be dented as kiwi rises

Mon, 16 Jan 2017 15:03:59 +1300 | BusinessDesk

Jan. 16 (BusinessDesk) - Returns from New Zealand's lamb exports may be restrained by the kiwi's strength against the British pound, which is heading back to its highest levels in at least four decades.More >>

Rents leap to end 2016 on a record high

Mon, 16 Jan 2017 13:46:11 +1300 | Trade Me Property

December was another tough month for tenants in New Zealand with the national median weekly rent jumping to a record $450, according to the latest Trade Me Rental Index. More >>

New year, new chance to turn the inequality tide

Mon, 16 Jan 2017 13:33:35 +1300 | Green Party

This year is our chance to turn the tide on growing inequality in New Zealand with a change of government, the Green Party said today. More >>

Inequality has Kiwi families living in garages

Mon, 16 Jan 2017 13:32:16 +1300 | Salvation Army

Inequality is damaging New Zealand society, leaving families without access to affordable safe housing and with an inability to provide basic food and utilities, The Salvation Army says.More >>

Just eight men own same wealth as half the world

Mon, 16 Jan 2017 13:20:50 +1300 | Oxfam

Oxfam News Release Monday 16 January 2017 Just eight men own same wealth as half the world More >>

Wellington Business confidence declines, survey shows

Mon, 16 Jan 2017 10:12:36 +1300 | Wellington Chamber Of Commerce

Business confidence in the Wellington region's economy has declined, according to the latest Wellington Chamber of Commerce Business Confidence Survey More >>

NZ economy to grow 3.5% in 2017

Fri, 13 Jan 2017 11:29:44 +1300 | BusinessDesk

Jan. 13 (BusinessDesk) - The New Zealand economy is expected to grow 3.5 percent over the coming year, with construction, tourism and household spending to lift inflation from its record lows, though international political concerns cast a shadow, according ...More >>

Tourism spending strong ahead of summer season

Fri, 13 Jan 2017 10:00:11 +1300 | New Zealand Government

Tourism spending continued to grow throughout most regions in the year to November 2016, providing a solid base ahead of the high summer season, Tourism Minister Paula Bennett says.More >>

NZ dollar benefits from Trump press conference

Fri, 13 Jan 2017 08:46:21 +1300 | BusinessDesk

Jan. 12 (BusinessDesk) - The New Zealand dollar continued to hover at its highest level since mid-December against the greenback Thursday, as traders pushed down the value of the US currency following President-elect Trump's press conference. More >>

Property values drop in parts of NZ as the LVR takes effect

Thu, 12 Jan 2017 13:36:10 +1300 | QV Valuations

The latest monthly QV House Price Index shows that nationwide residential property values for December increased 12.5% over the past year. Values rose by 1.3% over the past three months and are now 51.5% above the previous market peak of late 2007. ...More >>

The Treasury appoints new Deputy Secretary

Wed, 11 Jan 2017 14:26:59 +1300 | The Treasury

Treasury Secretary Gabriel Makhlouf has announced the appointment of Bryan Chapple as the Treasury’s new Deputy Secretary, Macroeconomics and Growth. "I'm delighted to have Bryan join the Treasury. This is an important role focused on ensuring a ...More >>

Gordon Campbell on why tax cuts in 2017 would be a bad idea

Wed, 11 Jan 2017 13:37:27 +1300 | Gordon Campbell

Gordon Campbell on why tax cuts in 2017 would be a (proven) bad idea First published on Werewolf More >>

2016 was a Stunning Year for New Vehicle Sales

Tue, 10 Jan 2017 13:18:53 +1300 | Motor Industry Association

David Crawford, Chief Executive Officer of the Motor Industry Association says “While many are writing off 2016 as a year to forget, for the new vehicle sector it was annus mirabilis, a wonderful year. The new vehicle market for 2016 performed significantly ...More >>

US Futures Higher Ahead of FOMC | EZ CPI Data Spooks Markets

Thu, 5 Jan 2017 13:54:46 +1300 | ThinkMarkets

The US mortgage application index for the month of December took a nose dive. This confirms that investors do not feel that much comfortable in rising interest rate environment – a sign of lack of confidence among consumers. But the element which ...More >>


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