Brain drain to Australia is finally slowing, new figures show
There has traditionally been a net migration loss from New Zealand to Australia. While it averaged about 30,000…
Retail spending falls 0.9% in August as rising fuel prices bite households
Apparel spending followed suit, down $6.9m (2%), with motor vehicles (excluding fuel) down 0.3% ($0.6m). The only category…
Unemployment rate hits 5.6% – worse than expectations
“The second quarter of this year was a tough one,” Finance Minister Nicola Willis said, in response to…
Sam Altman roasted for suggesting AI replace talking to your kids
OpenAI boss Sam Altman has found himself on the receiving end of a brutal internet roasting after suggesting…
Who's being hit hardest by rising living costs? – NZ Herald
Who’s being hit hardest by rising living costs? NZ HeraldRising fuel prices drive biggest increase in household living costs…
Consumer spending falls 1.4% in June as retailers and hospitality feel winter chill
Fuel spending also fell in June, down 1.7% or $8.9m, although this continues to trend down from a…
Building consents jump 19% as housing pipeline strengthens
“Over the past 12 months nearly 40,000 new dwellings were consented. That’s the highest level since 2023.” The…
New data: GDP showed good growth before Iran war
The result was that March quarters now receive less of an uplift than they did previously; without that…
Retail spending falls by $160 million in April after March fuel spike
Spending on motor vehicles (excluding fuel) also fell, down $8.1m or 4.1%, while apparel spending fell by $4.1m…
Fuel prices jump over 30% while April food price inflation cools
Prices for the overall food group increased by 2.6% in the 12 months to April 2026, after a…
Net migration: Small rise as Kiwi departures drop in March, arrivals steady
This compared with 134,300 migrant arrivals and a provisional record 120,300 migrant departures in the March 2025 year,…
Unemployment rate falls despite initial impact of the oil shock
“We felt that the jump in the participation rate in the previous quarter was overstated, having been concentrated…