Nation of Debt: How the economic downturn healed NZ’s borrowing addiction
Compared with concerns raised last decade by the Reserve Bank of New Zealand (RBNZ) and international ratings agencies,…
Precinct Properties delays second tower at Auckland Downtown Carpark site on sluggish residential property market
Instead of the car park demolition beginning in this year’s final quarter, that had also been slightly delayed.…
Construction downturn blamed as NZ Build Group-related companies enter liquidation
Poirier is the founder and chief executive of Toronto-based boutique consultancy The Poirier Group, established in 2005 after…
US Recession Could Hit Before 2027 Due to Extreme Leverage: Economist
An economist who studies financial crises says the US may only have until the end of the year…
Property market’s ‘longest and deepest downturn’ in 30 or 40 years
Cotality’s data has shown that first-home buyers have been a record share of the market but investor activity…
How long should property investors hold on in the downturn? – Nadine Higgins
Like most financial decisions, psychology has as much to do with it as the numbers. Your brain focuses…
Restaurants find creative ways to survive dining downturn
One increasingly popular strategy is partnering with platforms such as First Table, which let diners receive 50 per…
No pain, no gain: Why this property crash is good for our economy – Liam Dann
“Liam (mostly the glass half-empty, opinionist) certainly knows how to take what spring, one may have out of…
Inside Economics: NZ house prices on track for longest downturn in modern history
The longest (in records dating back to 1962) was five years, peak to trough, between 1975 and 1980.…
Cotality data shows Kiwis holding on to homes for longer amid prolonged housing downturn
“Property values have been broadly flat for some time, and the pain and gain figures are reflecting that…
Kiwi retailers bracing for ‘significant downturn’ amid Middle East conflict
Nearly half (49%) of respondents intended to absorb what costs they can, while 18% are considering consolidating by…
Winter downturn: Economic recovery now ‘unlikely’ until 2027 – ASB
That would result in weaker GDP with annual growth forecasts for 2026 reduced by around 1.6 percentage points,…