Latest fromEconomy

GDP up on forecasts
Stellar growth in the last three months of 2012 indicates the economy started this year with more momentum than expected - sufficiently more, perhaps, to counter the headwind of drought.

Chasing growth a flawed model - academic
New Zealand's continuous pursuit of economic growth is depleting the country's resources while failing to satisfy our material desires, says an Auckland academic.

Economic surge in 2012 - GDP up 1.5pc
The New Zealand economy grew at the fastest quarterly pace in three years in the tail-end of last year.

Royal lifestyle an audacious fraud
Hiding in the laundry chute of his luxury riverside apartment, Hohepa Morehu-Barlow fumed as he watched detectives rummage through his trove of designer belongings.

View of Asia sours in harder times
The Kiwi love affair with Asia may be waning with fewer now thinking Asia is important to New Zealand's future or viewing Asian immigration as positive.

Aviation chief lives dream
The Hawaiian Airlines president and chief executive's love of aviation developed as a child frequently flying across the Atlantic from the United States to Britain.

Workers in NZ 'optimistic'
When American Johnny Mercer wrote the lyrics "ac-cent-tchu-ate the positive, eliminate the negative" in 1944, it's unlikely he gave any consideration to the sentiment behind his popular song.

Michael Naylor: Farmers need to be able to insure against drought
There is no real risk to insurance companies in this, as it is either passed on to reinsurers, or is covered by weather-linked "catastrophe bonds", writes Michael Naylor.

IMF cautions against tinkering
The International Monetary Fund counsels against "messing with" the NZ monetary policy framework.

Liam Dann: Kiwi dollar balances on price of cheese
We can expect to see the price rise steadily again over the coming months, writes Liam Dann. The commodity price of dairy has been tracking up since it hit a worrying low last winter.

Many Auckland firms expect boost
Almost half of Auckland's small and medium-sized firms expect a lift in sales in the coming year, research suggests.

TAB cuts 50 jobs and closes centre
More than 50 long-serving TAB workers look set to lose their jobs as the agency prepares to close its Auckland phone betting centre at Ellerslie.

Paul Glass: More scrutiny will help everyone
Transparency and engagement are important ingredients in building a successful business that serves the needs of all stakeholders, writes Paul Glass.

Inner-city carpark tax plan about fairness, says Dunne
Revenue Minister Peter Dunne says his proposed tax on employer-provided carparks is about fairness and he questions why opponents have only now challenged the plan.

Skills shortage puts IT grads in the driver's seat
When it comes to hiring IT staff, there's at least as much pressure on employers to put their best foot forward as there is on job candidates.

Reserve Bank warning shot
Reserve Bank governor Graeme Wheeler delivered a warning to the financial markets yesterday - don't assume interest rates can only go up from here.

Youth flock to apprenticeship bonus
More than 350 young people have signed on as building apprentices since a $2000 bonus became available last Wednesday for the first 10,000 apprentices who sign up.

Prices up, growth slows
New Zealand property prices rose last month but a supply shortage in some regions is starting to takes it toll on overall sales volumes.