Consumers Price Index inflation rate remains at 3.1%
“Higher electricity prices accounted for more than a tenth of the 3.1% annual increase,” prices and deflators spokeswoman…
Inflation preview: Calm before the Iran war storm, price rises may have eased
“Over 2026, we expect inflation to increase significantly and uncomfortably.” ANZ senior economist Miles Workman is also picking…
First home buyers strong in first quarter of 2026
“There remain multiple supports for first home buyer activity. Obviously, lower house prices and reduced mortgage rates help,…
Te Awanga resident questions $250k seawall spend near closed campground
The letter said an independent geotechnical report had found a high risk of landslides affecting “much, and possibly…
Media Insider: Major NZME shareholder Spheria Asset Management explains selldown of shares; Jim Grenon now media firm’s biggest shareholder
“As you may be aware, the major superannuation funds in Australia are swallowing smaller ones, which is affecting…
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…
GDP increase ‘disappointing’ as Government spending boosts growth and households reluctant to spend
It jumped 2.5% over the quarter for its biggest lift since December 2021. “The fact that central government…
GDP growth not as strong as hoped in fourth quarter
On an annual average basis, GDP was up 0.2% to December 2025, compared with the year ended December…
Nvidia smashes forecasts with record quarter as AI boom rolls on
Combined capital expenditure from the four major AI builders – Google, Amazon, Meta and Microsoft – could approach…
Retail spending sees solid rise in December quarter
Twelve of the 15 retail industries had higher sales volumes in the December 2025 quarter compared with the…
Taihoro refit: Emirates Team New Zealand’s America’s Cup defender returns
“It’s a pretty important milestone in the campaign because today really reiterates how this America’s Cup is coming…