Strong biz confidence pulls NZ interest hike expectations to Nov; NZ...

New Zealand's business confidence has shown a sharp rise in Q2, suggesting a strong economic recovery giving rise to sooner-than-expected rate hike....

Is cost of ageing population the main reason for soaring government...

Summary Rising debt in New Zealand a cause of worry for Treasury. Says, debt is driven mainly by ageing population and cost of healthcare. Sugges...

US economy adds 850,000 jobs in June as wages rise

Summary It was the biggest gain since August 2020, exceeding economists' estimates but in line with their expectation of a continued improvement in...

Will NZ households pay extra for consumer items amid growing inflati...

Summary ANZ-Roy Morgan Consumer Confidence Index remained steady at 114 in June. The index measures consumer confidence in NZ households every mon...

New dwellings consent reaches a new annual record in May 2021

A record number of new homes were consented for the year ended May 2021. Stats NZ released latest building consent figures on Thursday, revealing tha...

The housing crisis in New Zealand takes a new turn

Summary Further bad news for new homeowners, buyable homes on a decline. Five Major regions witness a record decline in number of properties. Con...

Opinion: How Does The Reserve Bank Plan To Balance High Inflation an...

Rising house prices due to a low-interest regime, good economic growth, employment, and GDP numbers better than other countries are all posing a chall...

New Zealand stares at higher inflation, ANZ calls for increase in OC...

New Zealand businesses are seeing a rise in inflation beyond the Reserve Bank of New Zealand’s (RBNZ) target of 2%. ANZ Business Outlook Survey...

RBNZ’s Statement of Intent says vulnerabilities remain despite recov...

Summary RBNZ provided Statement of Intent 2021-2024 on June 29. Economic activity in NZ returned to pre-COVID-19 levels. However, there are still...

Can rising inflation derail recovering global economy?

Summary Global economic recovery could be marred by logistical instabilities in East Asia. Big Money countries like the US and G7 members play a s...

Is New Zealand’s economy on the right track? Should Australia follow...

New Zealand has now entered a select group of nations whose economies have grown in size since the start of the coronavirus pandemic. The country witn...

What is the KiwiSaver scheme? How does it help you in saving for ret...

KiwiSaver is a government-sponsored voluntary savings program, designed to assist Kiwis in saving for retirement. An individual has an opti...

Microsoft roped in as Principal Partner for COP26 Glasgow Summit

Summary Microsoft has been roped in as a Principal Partner for the COP26 The summit has eight other domestic corporations and one Japanese MNC Al...

Huge import increases in May give hope to ideal NZ trade recovery

Summary Things looking up for the NZ trade, imports witness an encouraging rise. May 2021 has been the most productive year for car imports. Dair...

How does New Zealand Stock Exchange operate? What are the good stock...

  Like most well-functioning economies, New Zealand has a full-fledged stock exchange. The New Zealand stock exchange, established in the 1870s...

Women entrepreneurship initiative in Aotearoa to receive NZ$2.5m

Summary Initiatives to help woman entrepreneurs marks the positive paradigm shift Women in entrepreneurship will make for a stronger tomorrow for...

US home prices surged 23% in May as supplies fell

The average US home prices rose by a record 23.6% to US$350,300 in May from a year earlier as the number of available homes for sale declined amid a r...

Would NZ$1-billion fund aid in solving New Zealand’s housing crisis?

New Zealand has been struggling with housing crisis for quite some time. To combat the housing crunch and increase its affordability, the Government d...

Is Kiwi Consumer confidence on a recovery mode?

Summary The Westpac-McDermott Miller Consumer Confidence Survey rises 1.9 points to 107.1 in Q2 of 2021. The survey showed that the consumer confi...

Biden's push for hydrogen fuel adds muscle to climate fight

Summary The US expects decarbonizing its polluting industrial sectors would bring long-term benefits to the economy and the climate, besides creati...