Latest fromEconomy

NZ growth tipped among strongest
New Zealand will rank among the strongest-growing of the advanced economies this year and next year.

Six thousand new homes for Auckland
The first batch of `special housing areas' in Auckland, which will bring 6000 new sections onto the market, have been revealed today.

US debt crisis: Obama urges new vote
US President Barack Obama says he's willing to negotiate with Republicans on their priorities, but not under the threat of "economic chaos.''

Recovery getting broader - survey
The New Zealand Institute of Economic Research's quarterly survey of business opinion has found the sector in good heart and evidence of a recovery that is becoming broader-based.

Female trainee keen to nail award
A trainee carpenter from Herne Bay is one step closer to winning a national award after being shortlisted in an apprentice of the year contest.

Kiwisaver: No need to contribute while on OE
Contributions holiday is automatic when people leave, but lump sum payments can be made at any time.

Govt on track for surplus
The government has posted a smaller operating deficit than forecast and affirmed its target to reach a surplus by 2015.

Financial shutdown impact widens
A two-week US govt shutdown could cut 0.25 percentage points off fourth-quarter economic expansion, says one top Federal Reserve official.

Man sees carbon as part of the past
For a man profoundly worried by the unsustainable track the world is on, Sir Jonathon Porritt is remarkably cheerful.

Incomes up as workforce ages and pay rates rise
Wage and salary earners' incomes rose 4.8 per cent at the median over the year ended June, but the increase reflected an ageing of the working population as well as higher rates of pay.

Brian Fallow: Dire response to climate change
The Government's refusal to do much of anything to curb New Zealand's emissions is as economically myopic as it is morally contemptible.

Markets brace for shutdown
The US Government began a partial shutdown for the first time in 17 years yesterday, putting as many as 800,000 federal employees in limbo.

Gen X picking up the reins
Having put their collective feet up on the desk as they contemplate retirement, baby boomers have been overtaken by Gen Xer as the most productive generation.

Firms happiest in 14 years
Businesses are the most cheerful they have been since 1999, a good sign for growth and employment but a potential harbinger of higher inflation and interest rates.

Labour steps up attack on LVRs
John Key has hit back at Labour over new Reserve Bank mortgage lending limits, saying home buyers are better off under National due to lower interest rates.

Key 'confident' market will settle
Prime Minister John Key says he is confident the property market will settle down, despite the Reserve Bank's new mortgage lending restrictions.

Ways to promote leadership jobs for women deserve closer attention
People have been talking about increasing women in leadership for decades, yet little progress has been made over the past 10 years.

Career development a two-way street
Auckland business Douglas Pharmaceuticals, founded in 1967 by managing director Sir Graeme Douglas, is one of the fastest-growing pharmaceutical development and manufacturing companies in the Pacific area.