KiwiSaver turns 18, assets climb $5b to nearly $135b
“We have our first $1 billion default fund, and more on the way,” Bunkall said. KiwiSaver assets on…
Inflation hits 3% as consumers suffer largest power price spike since 1989
The largest contributors to the annual inflation rate were all in the housing and household utilities group. The…
Reserve Bank rate cut signals economy turning a corner, says Nicola Willis
Interest rates would only just begin flowing into the economy as people began to refix their mortgages, she…
Business confidence drops in key survey for RBNZ ahead of rate call
Firms’ own trading activity showed a net 14% of firms reported a decline in activity in their own…
NZ dollar still suffering after GDP dip
“So the Kiwi-Aussie cross rate is being pulled from both sides; the Kiwi leg is being pulled down…
NZ investor confidence drops to Covid lows
“This has led to a more pessimistic tone in overall investor confidence, which seems to be suffering from…
Nicola Willis’ toughest day as GDP shrinks 0.9% in June quarter – Thomas Coughlan
Willis, an avid reader, will be familiar with William Faulkner’s quote, “the past is never dead. It’s not…
NZ June GDP quarter dropped 0.9% – Stats NZ
For the June year, Stats NZ said the decline in GDP was 1.1%. Activity decreased in the June…
Scott Watson fails to overturn his convictions for murdering Ben Smart and Olivia Hope
“He maintains he is innocent,” he said. Cook said Watson intended to make an application for leave to…
Recession risk rises as gloom about June quarter GDP grows – Inside Economics
It has been widely expected that the release next Thursday (September 18) would show a flat quarter for…
Construction and manufacturing slumped in June quarter, new Stats NZ data show
“Construction sales fell 3.1% in the June 2025 quarter, following a 0.7% rise in the March 2025 quarter,”…