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

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.

Economy

RBNZ may hike OCR to 6% in Feb and April, says ANZ

The Reserve Bank of New Zealand (RBNZ) may hike the Official Cash Rate (OCR) to 6% at its upcoming meetings in February and April.

Economy

New Zealand’s minimum wage rises by 2% from April

New Zealand’s government has revealed the minimum wage will rise by 45 cents an hour to $23.15 from 1 April. This signals a 2% increase, the slowest rate in 10 years, from the present minimum wage of $22.70.

Economy

RBNZ holds rates steady, warns of further tightening

The Reserve Bank of New Zealand (RBNZ) held the official cash rate steady on Wednesday but said inflation was still too high and additional policy tightening may be required.

Economy

New Zealand’s consumer credit demand continues to rise

Consumer credit demand continues to increase in New Zealand despite high-interest rates and weak economic conditions, according to new findings.

Economy

New Zealand’s food-price inflation dips to 14-month low

Food-price inflation in New Zealand slowed down to a 14-month low in September, fuelling signals the cost-of-living crisis may be easing.

Economy

NZ govt. forecasts larger budget deficit for year ahead

New Zealand’s government forecasts a larger budget deficit but better-than-predicted economic conditions in the coming year as is updates forecasts ahead of next month’s election.

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.

Economy

RBNZ may hike OCR to 6% in Feb and April, says ANZ

The Reserve Bank of New Zealand (RBNZ) may hike the Official Cash Rate (OCR) to 6% at its upcoming meetings in February and April.

Economy

New Zealand’s minimum wage rises by 2% from April

New Zealand’s government has revealed the minimum wage will rise by 45 cents an hour to $23.15 from 1 April. This signals a 2% increase, the slowest rate in 10 years, from the present minimum wage of $22.70.

Economy

RBNZ holds rates steady, warns of further tightening

The Reserve Bank of New Zealand (RBNZ) held the official cash rate steady on Wednesday but said inflation was still too high and additional policy tightening may be required.

News from all categories

Stay on top of current economic and financial news in today’s fast-paced world and learn about trends that could play a significant role in your investment opportunities.