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Economy news
Rise in holiday spending at end of 2024, electronic card data shows
New data from Stats NZ shows spending in retail performed strongly during December sales.
QV figures: How much has your home lost since the market peak?
We can't say 'peak to trough' because we don't yet know if we have hit rock bottom.
Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.
Food prices rise in December, driven by dairy, fruit, cooking oil
Non-alcoholic drinks and tobacco registered the biggest annual price increases.
Employment confidence rises despite looming 5% unemployment rate forecast
Job market may have stabilised despite concerns over jitters.
Mortgage calls: When will borrowers see value in long term rates again?
Some may accept short-term pain for long-term gain.
GDP
Economists pick the three big issues for NZ in 2025
Last year inflation was the big worry but it has now fallen down the list.
Liam Dann: The only way is up for our economy in 2025
OPINION: Last week's GDP shocker took the edge off the Christmas cheer,
Matthew Hooton: Luxon Government guilty of profligacy not austerity
OPINION: Willis urged to adopt drastic spending cuts to avoid economic catastrophe.
Employment
Dellwyn Stuart: How NZ businesses can tackle the gender pay gap
OPINION: The pay gap is a crisis, hindering families and retirement savings.
NZ productivity crisis blamed on brain drain, dismal pay prospects
We're just not ambitious enough, recruitment firm says.
Official cash rate
Mortgage wars: Another major bank cuts home loan rates as competition heats up
Kiwis can now get 5.99% six-month rates from three major banks.
Borrowers bet on big rate cuts, as popularity of floating rates surges
Should recent bond market volatility dent their confidence?
Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.
Inflation
QV figures: How much has your home lost since the market peak?
We can't say 'peak to trough' because we don't yet know if we have hit rock bottom.
Inflation rate will give clues on how much more the OCR will be cut
December quarter inflation figures to shed light on where the OCR may settle.
More economy news
Petrol prices set to rise as foreign sanctions, weak NZ dollar bite
Sanctions on Russia's energy industry could influence local petrol prices.
New EMA boss John Fraser-Mackenzie: 2025 will still be a tough year
Summer questions: New head of business group on the outlook for 2025.
Ho Chi Minh to Northcote: 'Southern Hemisphere's largest modular housing project'
'We see New Zealand as a long-term strategy.
Donald Trump’s ‘Maganomics’ will damage growth, economists tell FT polls
Financial Times: Most surveyed claim a protectionist shift will overshadow other policies.
Economists pick the three big issues for NZ in 2025
Last year inflation was the big worry but it has now fallen down the list.
The grey wave of Kiwis working past the conventional age of retirement
Septuagenarians at the gate — what's driving the greying of New Zealand's workforce.
Inside Economics: When interest rates rise (or fall) where does the money go?
Liam Dann answers reader questions about economics.
Soft skills key: Expert predicts job market trends for 2025
Soft skills are increasingly in demand as artificial intelligence takes over hard skills.
Paul Jarvie: Retirement – is it for all of us, or only some of us?
With the right support, older employees bring experience and economic value.