NZ dollar drops, interest rates rise after surprise US jobs number
New Zealand dollar left licking its wounds.
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Latest fromEconomy
Jenée Tibshraeny: Will clobbering the indebted cool inflation?
OPINION: The difficulty of using interest rates to influence inflation.
Jarden Brief: US economy just too hot for some investors
More jobs should be good, right? Think again, as investors get jitters.
Kiwis’ net wealth and savings fall as housing slump takes toll
New Zealand households saved less, as their spending increased at a faster rate.
NZ economy faces hit as export prices slump
Meat and log prices falling on slow Chinese demand.
Retailers feeling it the most as cost pressures remain intense
The Quarterly Survey of Business Opinion shows retailers were the most downbeat.
How to negotiate a fair pay agreement
The new deals will affect thousands of businesses, even many small ones.
'Walking an economic tightrope': Missed mortgage, credit repayments creep up
Climbing arrears return to Kiwi households.
Business Hub: Barfoot & Thompson director Kiri Barfoot retiring, ‘window of time for me’
“I won the parental lottery, right?” she says of their drive, determination, brilliance.
‘Caution is needed’ - RBNZ ramps up crypto watch
It wants to know how many Kiwis own crypto assets.
Liam Dann: Global oil slump offers some respite as petrol tax comes back
Petrol prices are set to rise by around 29c a litre on July 1.
First-home buyers account for record-high portion of new mortgage lending
ANZ economists expect investors will continue to be sidelined from the property market.
Government refrains from shifting Reserve Bank’s goalposts following remit review
The Government has made only minor changes to the Monetary Policy Remit.
Survey shows employment confidence falls
The Westpac McDermott Miller Employment Confidence Index hits its lowest level since 2021.
Tight election race adds extra uncertainty to economic outlook
The BusinessNZ Economic Conditions Index remains subdued on high costs and falling demand.
Greedflation: The companies that are hiking prices the most
Some companies are increasing prices far faster than the rate of inflation.
Three Waters: New mechanism for local control in reforms deemed diluted
There are more tweaks to the Government's water reforms in the new bill.
Leeann Watson: Immigration alone can’t bridge NZ’s ‘employability gap’
OPINION: The education system is failing both Kiwi kids and companies, says Leeann Watson.
Confusion over who can join powerful RBNZ committee
Monetary policy researchers can in fact apply to be on the Monetary Policy Committee.
Why it seems everything we knew about the global economy is no longer true
New York Times: The paths to prosperity and shared interests have grown murkier.
Market close: NZ sharemarket edges down as investors mull last week’s data
My Food Bag's “long-suffering shareholders” will be happy the stock jumped up again.
Highly leveraged Kiwi families 'exposed to tightened monetary conditions' - report
A slowdown is under way, but a rebound is expected in 2024.
Australia's largest law firm held ransom by cyber attack
Plus: Aussie set to follow NZ into recession.
Liam Dann: Harden up NZ, this was the recession we needed to have
The economy’s supply-side problems are still more serious than its demand-side problems.
Mark Lister: House prices have bottomed, but where might they go from here?
OPINION: Where the new 'normal' for mortgage rates might settle.
Why the recession might be good news for the housing market
Recessions aren't good but in the inflation fight, sooner might be better than later.
Highest-paid public sector bosses: Top earner's 30% bump to $1.4m
After years of pay restraint, state sector pay is on the up again.
Recession, no great escape: GDP data confirms another hit to economy
New data shows lacklustre performance amid recession concerns.
Beyoncé blamed for stubbornly high Swedish inflation
Financial Times: Singer’s Stockholm shows drive up hotel prices.
Jarden Brief: Markets react quickly to Fed rates decision
New Google AI tech aims to help users visualise apparel on body types.
Greedflation not a factor in rising prices, study finds
Rumours were growing overseas that corporates were price gouging - but not in New Zealand.
AA Smartfuel rewards deal with Countdown to end
The Australian-owned supermarket announced an end to its partnership with AA Smartfuel.
Jarden Brief: Cruise stocks bask as northern summer heats up
Shipshape day for three big companies.