Latest FromEconomy
![OCR on hold - Brian Fallow analysis](/pf/resources/images/placeholders/placeholder_l.png?d=793)
OCR on hold - Brian Fallow analysis
New Zealand Herald economics editor Brian Fellow gives expert opinion and analysis on the Reserve Bank's decision to keep the official cash rate at 3.5 per cent.
![Cheaper spring time veggies push food prices down](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Cheaper spring time veggies push food prices down
New Zealand food prices fell in November led by cheaper spring time vegetables and cheese prices.
![Dairy outlook still sound - Rabobank](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Dairy outlook still sound - Rabobank
The medium to long term outlook for NZ dairy farmers remains sound, despite yesterday's payout cut, says rural lender Rabobank.
![Fonterra launches 'mymilk' subsidiary](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fonterra launches 'mymilk' subsidiary
Fonterra said it had launched a separate milk sourcing subsidiary - mymilk - to grow its market share in the South Island.
![Reserve Bank won't halt rises](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Reserve Bank won't halt rises
The Reserve Bank has left the Official Cash Rate unchanged at 3.5 per cent, saying any further rate hikes are likely to be at a later stage.
![Fonterra to cut costs as forecast falls](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fonterra to cut costs as forecast falls
Fonterra plans to cut costs and defer some capital expenditure so that an improved dividend can at least partially offset a likely $6b decline in income for the sector.
![Fonterra cut to hit farmers](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fonterra cut to hit farmers
The industry group DairyNZ estimates that one quarter of dairy farmers will have difficulty paying their bills if Fonterra's reduced farmgate milk price comes to pass.
![Govt deficit bigger than expected](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Govt deficit bigger than expected
The New Zealand government's operating deficit was wider than expected in pre-election forecasts as income tax lagged.
![Fonterra slashes milk payout to $4.70](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fonterra slashes milk payout to $4.70
Fonterra has this morning cut its forecast farmgate milk price payout to its farmers, with its chairman admitted it'll put pressure on farm budgets.
![Delays will cost ratepayers up to $278m](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Delays will cost ratepayers up to $278m
The Government and the Auckland Council are at loggerheads over a start date for the $2.4b underground City Rail Link, and that's only going to add to the cost.
![Fuel drop skews card figures](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fuel drop skews card figures
Lower petrol prices contributed to a 0.1 per cent fall in the amount consumers charged to electronic cards last month.
![Card spending rises, led by hospitality](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Card spending rises, led by hospitality
Kiwis increased their spending on debit and credit cards in November, with a rise in hospitality and consumable purchases.
![Dollar rebounds after touching 2-year low against US](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Dollar rebounds after touching 2-year low against US
The New Zealand dollar rebounded after touching a fresh two-and-a-half year low as investors sold US dollars
![Chris de Freitas: City's vulnerable road network recipe for disaster](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Chris de Freitas: City's vulnerable road network recipe for disaster
Last Saturday's traffic ordeal highlighted Auckland's vulnerability to complete and protracted gridlock, writes Chris de Freitas. A single crash can bring the core of the city's transport network to its knees.
![NZ manufacturing sales rise](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ manufacturing sales rise
Manufacturing sales rose in the third quarter as an increase in output of metal building products offset a decline for both meat and dairy.
![Experts push out date of OCR increase](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Experts push out date of OCR increase
Interest rates lower for longer is expected to be the guidance from the Reserve Bank's quarterly monetary policy statement on Thursday.
![Big four Aussie banks face shake-up](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Big four Aussie banks face shake-up
Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found.
![TPP boost for NZ could be $1b - US](/pf/resources/images/placeholders/placeholder_l.png?d=793)
TPP boost for NZ could be $1b - US
A Trans-Pacific Partnership (TPP) agreement could boost New Zealand's agricultural exports to the other partner countries by up to 13 per cent by 2025, the United States Department of Agriculture....
![Bernard Hickey: Housing up, fishing down](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bernard Hickey: Housing up, fishing down
The contrast in fortunes this week between two parts of New Zealand could not have been starker.