New Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession.
New Zealands central bank is moving toward a lower neutral interest rate as inflation subsides and pandemic-related ...
Last year was a tough year for the New Zealand economy. So tough, in fact, that HSBC estimates it had the biggest drop in ...
Across the developed world, HSBC’s estimates suggest New Zealand’s economy had the largest contraction in GDP in 2024. But he ...
"For many households, interest payments on mortgages remain high and continue to contribute significantly to living costs," ...
A New Zealand central banker on Wednesday said the official interest rate will tend towards neutral in the absence of future ...
New Zealand’s unemployment rate rose to 5.1% in the December quarter, as was widely expected, with criticism targeted at the ...
Trump has introduced trade tariffs on Mexico, Canada and China and there is a warning it could mean interest rates stay ...
Pricing and cost pressures will continue to be major challenges for retailers this year, Retail NZ CEO Carolyn Young says.
A larger than expected drop in inflation data has boosted the chances of an interest rate cut as soon as February.
New Zealand’s jobless rate rose to a four-year high at the end of last year as hiring fell in the wake of a sharp recession.