A 160-year-old paradox explains why AI will create more jobs, not fewer, top economist says
In 1865, English economist William Stanley Jevons observed that the invention of the Watt steam engine — which improved…
Economists Rethink Chinese Forecasts as AI Fires Up Import Surge
(Bloomberg) — Economists have sharply upgraded their forecasts for China’s import growth and now expect it to overtake…
Economist Cameron Bagrie weighs in on OCR debate over hike early or not to hike?
“[Neutral] is where the Reserve Bank’s neither got the foot on the accelerator or the brake. “If you…
ANZ now tips three RBNZ OCR hikes, starting in July
ANZ had previously been forecasting the first hike in December. After “solid hints” in last week’s statement, Zollner…
Anthropic director Chris Liddell’s warning for New Zealand – don’t miss the AI tsunami
And yet, the honest verdict, 25 years on, is that the overall impact on New Zealand has been,…
Cost of living to rise 50% more than expected this year – economists
“Our central assumption is that the conflict lasts for three months, and that the price impacts last another…
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,…
Iran conflict fallout: Westpac tips GDP to shrink in June quarter
Eckhold warned of a “really large hit to confidence in the next few months, both for businesses and…
Property investors’ $24.8b impact on economy questioned by economists
This represented 5% of the country’s 2.5 million fulltime equivalent jobs in 2024. New Zealand Property Investors Federation…
After the oil shock: What economists now expect on inflation, GDP and interest rates – Inside Economics
That’s a good question. While there’s no shortage of speculation about what might happen, it’s all limited by…
Will the RBA increase interest rates today?
The market thinks the likelihood of the Reserve Bank of Australia (RBA) lifting interest rates today is 71…
US-Israel attacks on Iran: Economists put numbers on the risk to New Zealand’s recovery
“Oil shocks are very difficult for inflation-targeting central banks to navigate, because they are both inflationary and negative…