Economy

Inflation progress is being made, says RBNZ chief economist

Chief economist at the Reserve Bank of New Zealand (RBNZ), Paul Conway has said that significant progress is being made to return inflation to its target.

Markets

New Zealand immigration falls to 11-month low in April

Immigration in New Zealand decelerated to an 11-month low in April as a record number of citizens left the country, indicating a potential easing of the population pressures that have been a concern for policymakers.

Economy

New Zealand Government Presents Tax-cutting Budget

The government of New Zealand presented a picture of a soft economy in Thursday’s Budget, increasing unemployment and a weaker balance sheet.

Economy

Inflation progress is being made, says RBNZ chief economist

Chief economist at the Reserve Bank of New Zealand (RBNZ), Paul Conway has said that significant progress is being made to return inflation to its target.

Markets

New Zealand immigration falls to 11-month low in April

Immigration in New Zealand decelerated to an 11-month low in April as a record number of citizens left the country, indicating a potential easing of the population pressures that have been a concern for policymakers.

Economy

New Zealand Government Presents Tax-cutting Budget

The government of New Zealand presented a picture of a soft economy in Thursday’s Budget, increasing unemployment and a weaker balance sheet.

Economy

New Zealand Dollar outperforms amongst G10 currencies

The New Zealand Dollar is leading the way in the G10 currency space, buoyed by increasing equity markets and reports of a significant potential boost for the Chinese economy.

Economy

Robust rally in number of Australian visitors to New Zealand

Visitor numbers to New Zealand from Australia are experiencing a strong rally, even though they represent the country’s biggest gap in terms of visitor volume.

Economy

New Zealand’s unemployment forecast to hit 5% by the end of 2024

Unemployment in New Zealand is set to increase to a three-year top and wage growth decline.

Economy

Inflation in New Zealand drops to 4%

New Zealand's annual inflation has fallen to its lowest level in almost three years. According to figures published by Stats NZ, consumer prices rose 0.6% in Q1, to bring the annual rate down to 4.0%, the lowest seen since June 2021.

Economy

RBNZ keeps rates unchanged for sixth straight meeting

The Reserve Bank of New Zealand (RBNZ) held interest rates the same for the sixth consecutive meeting on Wednesday, stating they need to stay higher for longer to curb inflation.

Markets

Rise in employment confidence in New Zealand, says report

Employment confidence in New Zealand has turned positive for the first time since the middle of last year according to a new report, yet workers say it's more difficult to find employment.

Markets

Average property values rise for the first time since mid-2022

New Zealand’s property values are now marginally higher throughout the country for the first time in two years, according to recent findings.

Markets

RBNZ holds rates steady at 5.5%

The Reserve Bank of New Zealand (RBNZ) held the cash rate steady at 5.5% on Wednesday, and reduced the forecast peak for rates, as policymakers stated the inflation outlook risks were now more balanced.

Economy

New Zealand Dollar outperforms amongst G10 currencies

The New Zealand Dollar is leading the way in the G10 currency space, buoyed by increasing equity markets and reports of a significant potential boost for the Chinese economy.

Economy

Robust rally in number of Australian visitors to New Zealand

Visitor numbers to New Zealand from Australia are experiencing a strong rally, even though they represent the country’s biggest gap in terms of visitor volume.

Economy

New Zealand’s unemployment forecast to hit 5% by the end of 2024

Unemployment in New Zealand is set to increase to a three-year top and wage growth decline.

Economy

Inflation in New Zealand drops to 4%

New Zealand's annual inflation has fallen to its lowest level in almost three years. According to figures published by Stats NZ, consumer prices rose 0.6% in Q1, to bring the annual rate down to 4.0%, the lowest seen since June 2021.

Economy

RBNZ keeps rates unchanged for sixth straight meeting

The Reserve Bank of New Zealand (RBNZ) held interest rates the same for the sixth consecutive meeting on Wednesday, stating they need to stay higher for longer to curb inflation.

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