Economy

Latest Stories

Foodstuffs extend price rollback on some grocery items

The initiative at Pak’nSave, New World and Four Square will last for another three months.

Cost Of Living •10:45am

Annual median house price falls for first time since 2011

The housing market is slowing down, but REINZ's chief executive says affordability is still an obstacle for many.

Property •Thu, Aug 11

ASB's cash profit up 9% to $1.42 billion

It came despite home lending growing 6%, compared to 12% the year prior.

Economy •Wed, Aug 10

Poll: ACT jumps and can form Govt with National, Ardern and Luxon slip

The latest 1News Kantar Public Poll sees both major party leaders take a hit in the preferred PM ratings.

Politics •Mon, Aug 8

Kiwis outlook on economy remains pessimistic - new poll

The country's outlook on its economy has remained relatively stable in the past three months.

Politics •Mon, Aug 8

Retail leaders confident despite possible supply chain issue

Retail NZ says retailers are better prepared, compared to the previous two years.

Economy •Sun, Aug 7

Willis doubles down on National's tax policy at conference

It comes after National faced criticism from both sides of the political aisle over their tax policy this week.

Politics •Sat, Aug 6

Building supplies draft report finds competition not working

The Commerce Commission looked into building supplies amid soaring prices and inflation.

Economy •Thu, Aug 4

Petrol prices expected to continue falling

The global price of oil has dropped significantly this week, which should see prices at the pump fall in the coming weeks.

Transport •Thu, Aug 4

Unemployment rate steady, wages up 6.4% - Stats NZ

Wage inflation, measured by the labour cost index, was 3.4 per cent in the year ended June 2022.

Employment •Wed, Aug 3

House prices fall at fastest rate in more than a decade

Corelogic NZ head of research Nick Goodall said despite the steep decline in prices, a property crash was not on his radar.

Economy •Wed, Aug 3

Opinion: Low unemployment a chance to reset job market

NZ needs to ask itself – do we want to keep relying on low wages and poor conditions - or compete on higher pay and bright lights?

Economy •Wed, Aug 3

More than 2000 ineligible Kiwis opt out of cost of living payment

It comes as New Zealanders based overseas say they've received the payment despite not being eligible.

Cost Of Living •Tue, Aug 2

Cost of living support payments begin today

The first instalment of the $350 cost of living payment could be coming your way, here's everything you need to know.

Cost Of Living •Mon, Aug 1

Ardern rejects claim Govt spending making inflation worse

It comes ahead of the first instalment of the $350 cost of living support payment.

Politics •Sun, Jul 31

$200m insurance paid out for weather damages in past year

Preliminary claims for last month's storms alone already total $15.5m.

Weather News •Sun, Jul 31

Kiwisaver providers failing to back sustainability claims

Financial Markets Authority found KiwiSaver providers advertising “green” investments provided little evidence to support their advertising.

Personal Finance •Sat, Jul 30

NZ economy 'stretched, straining' amid fears of recession in US

ANZ's chief economist spoke to Breakfast following news America’s economy has further shrunk.

Economy •Fri, Jul 29

Recession fears rise in US as economy shrinks for 2nd quarter

US President Joe Biden has downplayed the news, claiming the country is on the right path and will come out stronger and more secure.

North America •Fri, Jul 29

Clean car discount scheme working as expected, minister says

This comes after the Vehicle Industry Association withdrew its support for the scheme due to alleged "Implementation failures".

Transport •Fri, Jul 29

Economy

Latest Stories

Foodstuffs extend price rollback on some grocery items

Annual median house price falls for first time since 2011

ASB's cash profit up 9% to $1.42 billion

Poll: ACT jumps and can form Govt with National, Ardern and Luxon slip

Kiwis outlook on economy remains pessimistic - new poll

Retail leaders confident despite possible supply chain issue

Willis doubles down on National's tax policy at conference

Building supplies draft report finds competition not working

Petrol prices expected to continue falling

Unemployment rate steady, wages up 6.4% - Stats NZ

House prices fall at fastest rate in more than a decade

Opinion: Low unemployment a chance to reset job market

More than 2000 ineligible Kiwis opt out of cost of living payment

Cost of living support payments begin today

Ardern rejects claim Govt spending making inflation worse

$200m insurance paid out for weather damages in past year

Kiwisaver providers failing to back sustainability claims

NZ economy 'stretched, straining' amid fears of recession in US

Recession fears rise in US as economy shrinks for 2nd quarter

Clean car discount scheme working as expected, minister says

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