NZ median house prices hit new high
The median house price in New Zealand rose to a record $380,000 last month as sales jumped by almost a third compared to October 2011, according to new figures.
The median house price in New Zealand rose to a record $380,000 last month as sales jumped by almost a third compared to October 2011, according to new figures.
The worst jobless rate so far this millennium only adds to the evidence that the economy has lost momentum since mid-year.
New Zealand's unemployment rate has risen unexpectedly, increasing to 7.3 per cent - the highest since 1999.
Looking at the US' fiscal numbers it is hard to escape the conclusion that the land of the free is also the land of the free-loader, writes Brian Fallow.
Reserve Bank governor Graeme Wheeler has warned excessive credit growth may trip up New Zealand's economic rebalancing and has singled out agricultural debt as being uncomfortably high.
The recent debate over how much of our farmland is overseas owned shows very large differences in estimates, writes Bill Rosenberg.
Blame game over Pike River starts in earnest as task force leader describes nation's workplace record as 'extremely poor'.
More than 40 executives at three of New Zealand's top companies now earn more than $1 million a year, and one of our top bosses has taken a swipe at CEOs' salaries.
Ninety per cent of New Zealanders say flexible employment options such as working from home are an important factor when looking for a new job.
A caregiver refused to put underpants on a physically disabled elderly patient, and left him unshaven and unwashed on top of his tangled catheter.
An Auckland textiles company has been ordered to pay its former general manager $185,000 after it short-changed him on his bonus payments.
New Zealand is an attractive destination for foreigners who want to make their taxes disappear.
New Reserve Bank powers and quantitative easing are among tools that could wean us off debt without hurting economy, writes Russell Norman.
Changes to bank lending criteria are making it easier to buy apartments, but experts say increased competition will force prices up in Auckland's overheated market.