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Latest Economy Headlines
Business As Usual, With Important Conversations Ahead
Wed, 6 Dec 2023 19:12:47 +1300 | Environment Canterbury
Peter Scott, Chair Canterbury Regional Council (Environment Canterbury): It will take some time before we get any specific detail about how the policy changes signaled by the new Government will impact us here in Canterbury. Until we have new legislation ...More >>
Thrive Wānanga Empowers New Pakihi
Wed, 6 Dec 2023 12:33:31 +1300 | Thrive Wananga
Whakaterea Te Moemoeā - Be your own Boss A transformative and empowering event took place for emerging pakihi/businesses at the end of November in Whanganui. Be Your Own Boss - Whakaterea Te Moemoeā , was a weekend long wānanga designed ...More >>
ASB Economic Forecast December 2023 - Cautiously Optimistic: NZ Is Past The Worst, But Has A Slow Climb Ahead, Says ASB
Wed, 6 Dec 2023 10:01:15 +1300 | ASB Bank
Strong migration and spending have provided a boost to the New Zealand economy which, according to the latest ASB Quarterly Economic Forecast, is now on an upward trajectory. But the pick-up in momentum will be gradual, says ASB. “It’s looking increasingly ...More >>
Progress On Sector Transition Plans Putting Australia On A Growth Trajectory For Clean Energy Investment And Jobs
Tue, 5 Dec 2023 22:00:28 +1300 | Investor Group on Climate Change
Investors have come away from today’s roundtable with Treasurer Jim Chalmers confirming that Australia’s sector-by-sector transition plans, now in development, can be a key part of new investment and job creation in the country’s clean energy industries ...More >>
Financial Statements Of The Government Of New Zealand For The Four Months Ended 31 October 2023
Tue, 5 Dec 2023 14:42:48 +1300 | The Treasury
Financial Statements of the Government of New Zealand for the four months ended 31 October 2023. https://img.scoop.co.nz/media/pdfs/2312/FSG_4_months_ended_31_Oct_2023.pdf More >>
Key Liquidity Policy Review Decisions Announced
Tue, 5 Dec 2023 10:24:53 +1300 | The Reserve Bank of New Zealand
The Reserve Bank of New Zealand - Te Pūtea Matua has announced two key decisions following the second round of public consultation on its liquidity policy review (C2). Director of Prudential Policy, Kate Le Quesne says our liquidity policy is ...More >>
Leaked Paper Shows Disregard For Hundreds Of Thousands Of Vulnerable Kiwi Workers
Mon, 4 Dec 2023 18:07:03 +1300 | New Zealand Council of Trade Unions
A cabinet consultation paper provided to the New Zealand Council of Trade Unions by Newshub today, shows the incoming Government is disregarding the negative impact of repealing Fair Pay Agreements, and the advice of their own officials. NZCTU President ...More >>
Government Knowingly Making Life Harder For People
Mon, 4 Dec 2023 18:02:44 +1300 | Green Party
Leaked government documents confirm this government will consciously do serious harm to the lives of working people and their whānau. “Our lowest paid people deserve a pay increase, not a government that is deliberately deciding to put the ...More >>
Travel Lifts International Services Trade
Mon, 4 Dec 2023 11:01:44 +1300 | Statistics New Zealand
Travel was New Zealand’s largest services export and import for the September 2023 quarter, according to figures released by Stats NZ today. Travel imports were $1.96 billion, and exports were $2.48 billion in the September 2023 quarter, up from ...More >>
Survey Reveals Business Leaders Cautiously Optimistic About Progress Under New Government
Mon, 4 Dec 2023 10:18:16 +1300 | Grant Thornton
A post-election survey conducted by Grant Thornton New Zealand has revealed over 330 business owners and leaders across the country are very much in the ‘wait and see’ camp when it comes to the new Government’s performance. Asked how optimistic ...More >>
Film Sector Veterans Call For Government Investment In Post-production
Sun, 3 Dec 2023 14:05:44 +1300 | Blackland PR
On Friday, at the Screen Music and Sound Guild (SMSG) panel event, ‘Screen Sector issues for a National Government’, industry veterans said new government incentives are needed to keep our post-production industry competitive on the world stage. Speaking ...More >>
A Hawkish Surprise As The RBNZ Runs Out Of Patience
Sat, 2 Dec 2023 01:27:05 +1300 | Kiwi Bank
29 November The RBNZ left the cash rate unchanged at 5.5% today. No surprises there. But their hawkish tone certainly surprised. The RBNZ revealed an upwards bias to inflation risks and will not call job done until they see the fruits of their labour ...More >>
Getting Back The Balance
Thu, 30 Nov 2023 10:27:42 +1300 | NZ Property Investors Federation
“It is encouraging to see that the new Coalition Government is acting quickly to ease the current situation evident in the rental market of decreasing supply and increasing rents,” says Sue Harrison, President of the NZ Property Investors Federation ...More >>
Exports And Jobs At Risk From Coalition Government Decision To Axe Therapeutic Products Act
Wed, 29 Nov 2023 14:51:28 +1300 | Natural Health Products
A Coalition Government commitment to repeal the recently passed Therapeutic Products Act 2023 is a huge blow to the industry and threatens growth in jobs and exports. "We are very disappointed at this agreement which flies in the face of the significant ...More >>
There Must Be Accountability For A Reserve Bank Failing To Do Its Job
Wed, 29 Nov 2023 13:53:22 +1300 | Taxpayers' Union
Responding to the Reserve Bank of New Zealand’s decision to freeze the Official Cash Rate (OCR) at 5.5%, Taxpayers’ Union Policy Adviser, James Ross, said: “Times are tough for Kiwi families, and that’s not going to change anytime soon. With ...More >>
Monetary Policy To Remain Restrictive
Wed, 29 Nov 2023 13:51:15 +1300 | Reserve Bank
The Monetary Policy Committee today agreed to maintain the Official Cash Rate at 5.50 percent. Interest rates are restricting spending in the economy and consumer price inflation is declining, as is necessary to meet the Committee’s Remit . However, ...More >>
Christmas Coming Early For Landlords With An Extra $900 Million Present From NACT
Wed, 29 Nov 2023 10:52:51 +1300 | Public Housing Futures
New CTU analysis of the National & ACT coalition agreement has shown the cost of returning interest deductibility to landlords is an extra $900 million on top of National’s original proposal. This is because it is going to be implemented ...More >>
Mayor Proposes Auckland Future Fund For Financial And Physical Resilience
Wed, 29 Nov 2023 09:25:00 +1300 | Office of the Mayor of Auckland
Mayor Wayne Brown is proposing to consult Aucklanders on a new regional wealth fund that would provide a better return on investment from Auckland Council’s assets. The Auckland Future Fund would make provision for climate change risks through self-insurance ...More >>
Confidence Returns To Property Market As Prices Increase Across Aotearoa
Tue, 28 Nov 2023 11:26:51 +1300 | Trademe
The property market is showing continual signs of revival, with month-on-month price increases recorded across every region, according to Trade Me’s Property Price Index for October. The national average asking price for a property reached $860,750 ...More >>
Film Deal A Boost For Dunedin’s Creative Sector
Tue, 28 Nov 2023 10:49:30 +1300 | Dunedin City Council
A new agreement between Enterprise Dunedin and the Shanghai Art Film Federation (SAFF) is expected to further boost burgeoning film links between the two cities. The signing ceremony, witnessed by Mayor of Dunedin Jules Radich in Shanghai today, ...More >>
