Latest fromEconomy

Gaining the competitive edge
Paying for professional development can feel like pumping money into a black hole. The resulting benefits to a business, however, can be huge.

West Cost mine workers reject new shifts
Solid Energy's Stockton opencast mine machinery operators have rejected a proposed shift change, despite management warning the mine's future is in jeopardy.

Bryan Gould: Plight of jobless makes us all poorer
In the wake of the grim news about factory closures and lay-offs over recent months, the unemployment figures were only to be expected, writes Bryan Gould.

Futurist predicts jobs loss
DaVinci Institute founder says action needed as 2 billion roles will go in digitised world.

Brian Fallow: Loan-to-value no magic bullet
Reserve Bank eyes tools to help prevent booms and busts that devastate household and bank balance sheets.

English: House price rise is no surprise
A rise in household incomes that is greater than the average house price rise makes recent real estate market buoyancy unsurprising, says Bill English.

Food prices fall in October
Seasonal falls in vegetable prices took the food price index down 0.6pc last month.

Online job ads down in October - Seek
New online job ad listings were down last month, according to a major New Zealand employment website.

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.

Startling data early test for Reserve Bank governor
The worst jobless rate so far this millennium only adds to the evidence that the economy has lost momentum since mid-year.

Unemployment rate up
New Zealand's unemployment rate has risen unexpectedly, increasing to 7.3 per cent - the highest since 1999.

Brian Fallow: US President on edge of fiscal cliff
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.

Sacked meat firm boss awarded $100k
An Invercargill meat company has been ordered to pay its former chief executive more than $100,000 in unpaid bonuses, compensation and other costs.