Latest from Economy

Study visas drop despite Govt fixes
The number of new international students approved to study in New Zealand has dropped nearly a quarter since 2009 despite government measures to boost the industry.

Minister vows to smash Auckland city limits
New Housing Minister Nick Smith is vowing to break the "stranglehold" of Auckland Council's policy of containing urban sprawl .

Tax ruling alarming - expert
International investors could be scared off by a Court of Appeal decision yesterday, say tax specialists.

Hallwright fails to win back job
Guy Hallwright has failed in his bid to win back his job with Forsyth Barr after the ERA ruled his conviction for running over a man had damaged the company's reputation.

IRD's 'slam-dunk' win in big tax case
An appeal in a landmark tax avoidance case has been thrown out this morning in what one commentator called a "complete slam dunk" for Inland Revenue.

Sacked teen's $12 tip earns $13k
An 18-year-old bar worker sacked for taking $12 of unclaimed pokie machine winnings as a tip has been awarded more than $13,000 compensation for being unfairly dismissed.

Wayne Cartwright: Asset sale is 'strategic blunder'
The Government has grossly underestimated the value of hydro-energy assets to New Zealand citizens, writes Wayne Cartwright.

$1b drought hit tipped for economy
Drought is likely to shave 0.5 per cent off gross domestic product by the end of the year and take a toll on next year's output as well, says ANZ bank.

Asset boost turns Auckland loss into big profit
New Zealand's largest territorial authority has dramatically reversed its financial position, turning an $88 million loss into a $478 million profit.

Liam Dann: Mighty River float a tricky one
The debate about the financial merits of assets sales is a good one, and based purely on the numbers the benefits are marginal, writes Liam Dann.

Sensible steps to modern day career
The job climate is highly unpredictable, and there are huge issues regarding youth unemployment yet to be addressed. For students or new graduates, there is a strategic approach for all these aspects.

Ministry cuts 139 health, safety jobs
The jobs of 139 health and safety inspectors will be disestablished and staff made to reapply for the positions.

New tools for central bank this year - English
Bill English says the Government is "considering formalising" proposals to restrict bank lending and other "tools" to control credit growth.

Faster economy tipped
The economy will grow faster this year and next year than we have seen since the recession but the recovery remains brittle, the Institute of Economic Research says.

Youth starting wage law recommended
A Parliamentary committee has recommended a starting wage for youth be passed into law.

Survey: Life quality still good
A growing number of people do not have enough money to meet their everyday needs and many are putting off visiting the doctor because it is too expensive.