City jobless at six-year low
Auckland's unemployment rate has dropped to its lowest level in six years. So what's behind the fall and will it continue?
Auckland's unemployment rate has dropped to its lowest level in six years. So what's behind the fall and will it continue?
Prime Minister John Key has defended new oil and gas exploration permits in a major conservation park, saying it is not a National Park and mining already takes place there.
New Zealand spending growth on credit and debit cards stalled in March, as a decline in expenditure on fuel and clothing offset gains for food and liquor.
A recovery growing stronger and broader, but accompanied by inflation pressures, is the picture painted by the New Zealand Institute of Economic Research's latest quarterly survey .
The number of businesses who say it is getting harder to find the skilled workers they need is well above the long-term average, the New Zealand Institute of Economic Research reports.
The country's busiest house builder expects to put up a third more homes this year and could build more than 1000.
New Zealand's crane population is booming with 71 up, compared to just 10 two years ago.
Property values increased at the slowest annual pace in six months in March as high-debt lending restrictions and interest rate hikes weighed on the market.
The city is showing worrying signs of being at the centre of the next financial crisis.
The New Zealand job market is thriving, with the number of job listings on Trade Me up 21 per cent on the same time last year.
Given economist Noriel Roubini's track record it would be foolhardy to write him off as just another overly pessimistic grump, writes Liam Dann.
The Middle East remains an untapped business opportunity for exporters as their focus is dominated by booming Asian markets such as China.
PM John Key knows homeowners in the electorally crucial mortgage belts of Auckland are nervous about rising mortgage rates, writes Bernard Hickey.
Auckland residential property sales rebounded strongly in March after a soft February, according to the city's largest realtor.
The kiwi was the worst performing currency tracked by Reuters overnight, falling as low 85.45 US cents after rising as high as 87 cents earlier this week.
A substantially lower payout from Fonterra for 2014/15 looks likely after international dairy prices dropped sharply at yesterday's international dairy auction, economists said.
Australian business groups are urging the Reserve Bank to exercise caution before considering raising interest rates, given improving signs in the economy are not yet widespread.