Latest fromEconomy

Brian Fallow: Austerity's for booms, not slumps
As we await another miserly Budget from Bill English we are entitled to wonder whether the Government is overdoing the fiscal discipline, writes Brian Fallow.

Capital fights on in shadow of Auckland
Wellington is a city facing challenges and great competition from Auckland but commentators say it is by no means "dying" as Prime Minister John Key has claimed.

Housing outlook hits record high
Expectations of house price inflation have hit a record high in ASB's quarterly survey, while the numbers who consider it a good time to buy a house continue to fall.

Key's apology over 'dying' Wellington
Prime Minister John Key has offered "an unreserved apology'' to any Wellingtonian offended by his comment that the capital city was "dying".

NZ CFOs cautiously optimistic but global fears remain
New Zealand's chief financial officers are feeling cautiously upbeat but remain worried about challenges in Europe.

Government deficit smaller than forecast
The government kept a smaller operating deficit than forecast in the first nine months of the financial year, even as the cost of the Canterbury earthquakes grew.

Tackling workplace culture issues
As Auckland approaches a statistical high of 200 different cultures in its workforce, it is becoming increasingly important for businesses to effectively manage employee diversity.

Ways to unlock innovation, the key to economic growth
As competitors evolve and customer needs change overnight, innovation has become a basic requirement for organisations to survive.

Auckland house prices slip in April
Average house prices in Auckland fell from a record high last month, snapping a three-month advance as more properties came to market, according to new statistics.

Fonterra shares soar as job cuts revealed
Shares in the Fonterra Shareholders Fund rallied to their highest ever point today after the co-operative announced that it plans to cut 300 jobs.

Property prices reach high
Asking prices for property in New Zealand reached an all-time high last month, according to new figures.

Sexually harassed truckie awarded $63k
A female truckie has been awarded more than $63,000 for being sexually harassed, discriminated against and unjustifiably dismissed from her job.

Backwater regions can learn from Waikato - Joyce
Economic backwaters like Northland and Gisborne should learn from the West Coast, Waikato and Taranaki.

Struggle to fill health sector gaps
The country's ageing population is driving the demand for professional and non-professional health workers and this can only increase.

Mine victims back safety reforms
Families of Pike River mine victims say they will ensure that recommendations from the health and safety taskforce are acted on.

Switched On to stay open
Switched on Gardener will stay open despite the business playing a central and pivotal role in 106 cannabis operations.