Best of Business

Kelly Eckhold: Westpac chief economist predicts no change to 5.5 per cent Official Cash Rate

11 Jul 2023

Contributed by Lukas

We have another OCR day, many are expecting the Reserve Bank to take a breather - with no change to the current 5.5 per cent. Westpac chief economist ...

Christina Leung: Economist on whether we will see a surprise in latest Official Cash Rate figure

11 Jul 2023

Contributed by Lukas

We shouldn't see any surprises from the central bank on the Official Cash Rate today. Most economists are picking no change after Reserve Bank head Ad...

Pattrick Smellie: BusinessDesk managing editor predicts the OCR will stay at 5.5 percent

11 Jul 2023

Contributed by Lukas

The RBNZ is expected to leave the OCR untouched at 5.5 percent on Wednesday. The last time the Reserve Bank didn't raise the OCR at a formal review po...

Sunny Kaushal: Dairy and Business Owners Group chair says business owners should be able to defend themselves without being charged

11 Jul 2023

Contributed by Lukas

The Dairy and Business Owners Group says shop owners should be allowed to defend themselves without being charged. Chair Sunny Kaushal spoke with Poli...

Mike's Minute: Our economic decline is alarming

10 Jul 2023

Contributed by Lukas

Are you reading about the economy and its performance, or lack of, with the alarm I am? More and more economists are now predicting a double dip reces...

Kate Hawkesby: CEOs on the ground is hopefully the norm nowadays - rather than the exception

10 Jul 2023

Contributed by Lukas

I tell you what’s a good look - CEOs who walk the talk - and we’re seeing a bit more of it these days which is great. Because I think we’re at a...

Marisa Bidois: Restaurant Association CEO on spammed fake Google reviews

10 Jul 2023

Contributed by Lukas

Top restaurants are being spammed with fake reviews on Google. Overseas internet scammers have been known to start posting five-star reviews from fake...

Pierre van Heerden: Former Sanitarium New Zealand boss appointed as new Grocery Commissioner

10 Jul 2023

Contributed by Lukas

The Commerce Commission has appointed a new Grocery Commissioner to referee New Zealand's supermarkets. Former Sanitarium New Zealand boss Pierre van ...

Damien O'Connor: Trade Minister on reaching Free Trade Agreement with the European Union, Australia's reaction

10 Jul 2023

Contributed by Lukas

We now have a Fair Trade Agreement with the European Union. And Australian farmers are rubbishing the deal - urging their Trade Minister to walk away ...

Kelvin Davidson: CoreLogic property economist says building sector is slowing down - but new builds won't be cheaper

10 Jul 2023

Contributed by Lukas

Dwelling consents have fallen 10 percent this year - slowing down demand for residential building. Latest CoreLogic figures show construction costs st...

Fran O'Sullivan: NZME business commentator on 11 Asia-Pacific trade ministers meeting in Auckland for the CPTPP Commission

10 Jul 2023

Contributed by Lukas

This Matariki weekend, New Zealand will host the Comprehensive and Progressive Agreement for Trans-Pacific Partnership Commission. Set to be the bigge...

Stephen Jacobi: NZ International Business Forum executive director says climate commitments in NZ-EU trade agreement won't be enforced

10 Jul 2023

Contributed by Lukas

The New Zealand-European Union free trade agreement includes 'unprecedented' climate commitments in the deal. New Zealand will be required to follow c...

Richard Arnold: US correspondent says new Threads app is a significant move from Meta boss Mark Zuckerberg

06 Jul 2023

Contributed by Lukas

Thirty-million users have signed up for Mark Zuckerberg's newly-launched Threads app on its first day. The owner of Facebook, Instagram, and WhatsApp ...

Enda Brady: UK correspondent on economists warning UK inflation may lead to 7 percent interest rates

06 Jul 2023

Contributed by Lukas

The Bank of England may have to keep interest rates at 7 percent to counter inflation, economists warn. US-based investment bank JP Morgan says there'...

Sam Dickie: Fisher Funds senior portfolio manager on the mid-year state of the global financial markets

06 Jul 2023

Contributed by Lukas

A Fisher Funds expert says the mid-year state of the global financial markets has taken a different turn than predicted. Senior portfolio manager Sam ...

Liam Dann: NZ Herald business editor at large on collective household net worth dropping $42.7 billion

06 Jul 2023

Contributed by Lukas

New Zealanders are getting less wealthy and saving less money, according to new Stats NZ data. The region's collective household net worth dropped $42...

Graeme Colman: Horizon Research Principal researcher on 43,000 people revealing they will have to sell their property due to rising interest rates

06 Jul 2023

Contributed by Lukas

11 percent of mortgage holders responding to a survey have said they'll likely need to sell in the next 12 months. That's according to an opt-in Horiz...

Jithin Chittibomma: Sandringham Business Association Chair says fog cannons will not stop violent crime and attacks

06 Jul 2023

Contributed by Lukas

Fog cannons don't always stop robberies. An Auckland dairy owner's wife and a customer were injured by robbers with hammers at Jyoti's Dairy in Mount ...

Tom O'Sullivan and Sam Fowler: Campaign for Wool NZ and Education Ministry Property Head on opting for an American supplier for carpet at 600 schools

05 Jul 2023

Contributed by Lukas

The Education Ministry has opted for an American carpet supplier, rather than buy New Zealand wool for 600 small and rural schools, They've gone for n...

Gareth Kiernan: Infometrics Chief Economist on export prices for meat and logs declining in June

05 Jul 2023

Contributed by Lukas

Export prices for meat and logs tumbled in June as slower-than-expected Chinese economic growth impacted demand. The ANZ World Commodity Price Index f...

Sam Trethewey: Milford Asset Management Portfolio Manager on the state of the local share market

05 Jul 2023

Contributed by Lukas

The local share market has had a lacklustre first half of 2023, but the tide may soon turn. Milford Asset Management Portfolio Manager Sam Trethewey s...

Jenee Tibshraeny: NZ Herald Wellington business editor on businesses paying 10.7 less tax according to new Government accounts

05 Jul 2023

Contributed by Lukas

According to the Government's latest accounts, businesses paid 10.7 per cent less tax than expected in the 11 months to May. The Crown received $2 bil...

Michael Reddell: former Reserve Bank economist says we shouldn't overdo concerns as latest Crown accounts show deeper deficit

05 Jul 2023

Contributed by Lukas

A former Reserve Bank economist's dampening worries about a deterioration in the Government coffers. Treasury's latest Crown accounts show the tax tak...

Richard Arnold: US Correspondent says Meta's new 'Threads' app isn't the first time they've replicated popular social media

04 Jul 2023

Contributed by Lukas

Facebook owner Meta is set to unveil its new app to rival Twitter. 'Threads' is a text-based conversation app that will be linked to Instagram, which ...

Nick Goodall: CoreLogic Head of Research says latest property data brings uncertainty to the market

04 Jul 2023

Contributed by Lukas

Latest CoreLogic data shows the property market may have further to fall. The value of properties across the country weakened last month, down 1.2 per...

David Banfield: Comvita CEO on the company acquiring Singapore-based retailer HoneyWorld

04 Jul 2023

Contributed by Lukas

Honey producer and exporter Comvita has expanded into Singapore- and they're eyeing future growth. The company have bought honey retailer HoneyWorld S...

Pattrick Smellie: BusinessDesk managing editor on 59 percent of businesses expecting deterioration of conditions in new survey

04 Jul 2023

Contributed by Lukas

Business confidence has improved in the latest survey from NZIER, but there are worries in the mix. Quarterly Survey of Business Opinion data shows 5...

Stephen Toplis: BNZ Economist says pessimistic business confidence survey findings will end potential OCR hikes

04 Jul 2023

Contributed by Lukas

Will the latest business confidence survey findings kill off thoughts of another Official Cash Rate hike? Latest Economic Research Institute data show...

Nigel Latta: Clinical psychologist on his new series 'You've Been Scammed'

03 Jul 2023

Contributed by Lukas

When you hear the name Nigel Latta, what comes to mind? He's taught us about criminals, raising kids, travelling and managing money. Now the Order of ...

Keith McLaughlin: Centrix director says people who are at the stage of buying their first home are finding it tougher right now

03 Jul 2023

Contributed by Lukas

Rising interest rates are affecting some people more than others. Latest figures from credit bureau Centrix has found 426,000 New Zealanders are now b...

Andrew Kelleher: JMI Wealth Director says building consents are unlikely to trend upwards anytime soon

03 Jul 2023

Contributed by Lukas

Building consents are unlikely to see a return to last year's spike. Stats NZ says consents fell 11 percent in the year to May. JMI Wealth Director An...

Malcolm Fleming: Certified Builders Assn CEO says homeowners are favouring doing up their own houses instead of building new

03 Jul 2023

Contributed by Lukas

Building consents are coming back to earth after record highs last year. Stats NZ says consents fell 11 percent in the year to May. Certified Builders...

Alan McDonald: EMA Head of Advocacy and Strategy labels frequent Harbour Bridge closures 'disruptive'

03 Jul 2023

Contributed by Lukas

Auckland business representatives have slammed the uptick on closures and restrictions on the Harbour Bridge as 'disruptive'. Strong wind gusts have s...

Nadine Higgins: Enable.me financial adviser says ASB and Kiwibank unjustified in lifting fixed-term mortgage rates

03 Jul 2023

Contributed by Lukas

ASB customers faced unpleasant news when the bank lifted six-month and one-year mortgage rates to 7.25 percent. Kiwibank has also increased rates- the...

Tony Alexander: Is buying as lucrative as it's made out to be?

01 Jul 2023

Contributed by Lukas

Economist Tony Alexander joins the Weekend Collective to discuss whether buying is as lucrative as it’s made out to be- or does it just create more ...

Mike's Minute: The gig is up on assisted petrol prices

29 Jun 2023

Contributed by Lukas

It's all over. Today our petrol goes up 29c per litre. It's at this point you will realise, if you haven't already, what a madly, false world of cocke...

Owen Vaughan: OneRoof Editor on house price report showing quarterly value growth in 107 metro suburbs

29 Jun 2023

Contributed by Lukas

After over a year of decline, some house prices are on the road to recovery. The latest OneRoof report shows quarterly value growth in 107 metro subur...

Debra Goulding: Foodstuffs Sustainable Packaging Manager single-use plastic items will be officially banned from shelves

29 Jun 2023

Contributed by Lukas

Single-use plastic items will be officially banned from shelves from tomorrow. It's the second step in the Government's plan to reduce plastic waste. ...

Dave Bodger: Gull NZ General Manager says sales have been up, rather than manic before fuel tax returns

29 Jun 2023

Contributed by Lukas

Time is ticking to fill up, before the fuel tax returns. The Government's relief package ends tomorrow, meaning petrol prices will rise around 29 cent...

Brad Olsen: Economist on how life will change following fuel price rise and end of half-price public transport for most

29 Jun 2023

Contributed by Lukas

A raft of cost-of-living subsidies and temporary tax cuts are set to end tomorrow, with economists and budgeting services warning it will hurt those a...

Sharon Zollner: ANZ Chief Economist on business confidence rising by 13 points in June

29 Jun 2023

Contributed by Lukas

The tide is starting to turn for business confidence, according to new ANZ data. The bank’s latest business confidence survey shows confidence incre...

Liam Dann: NZ Herald business editor on petrol taxes rising by 29c a litre as 18-month tax break ends

29 Jun 2023

Contributed by Lukas

Kiwis are bracing themselves for the end of the Government's fuel tax subsidy this weekend. Petrol prices are expected to rise by around 29c a litre, ...

Dean Kimpton: Auckland Transport Chief Executive warns uncertain revenue model could negatively affect agency

29 Jun 2023

Contributed by Lukas

AT's Chief Executive is sounding the alarm over the agency's uncertain revenue model. Speaking to the agency's board meeting on Tuesday, CEO Dean Kimp...

Paul Spain: Tech commentator on Meta adding new child protection safeguards to Messenger and Instagram

28 Jun 2023

Contributed by Lukas

Is Meta finally doing better at protecting kids online? The tech giant is adding new safeguards across Messenger and Instagram. It's the first time pa...

Barry Coates: Mindful Money CEO says we have far more oil and gas in reserve than what's needed to produce in future

28 Jun 2023

Contributed by Lukas

The fossil fuel industry's move to keep expanding has been deemed as a recipe for huge financial loss. The oil and gas industry has said they're worki...

Diane Calvert: Wellington councillor ahead of D-Day vote of no confidence for Let's Get Wellington Moving

28 Jun 2023

Contributed by Lukas

It's D-Day for Let's Get Wellington Moving. The council will vote on a motion of no confidence today as seven councillors push for the programme to be...

Brad Olsen: Infometrics Principal Economist on filled jobs increasing by 0.2 percent in May

28 Jun 2023

Contributed by Lukas

Filled jobs have lifted by 0.2 percent in May, well below the 0.6 monthly average from the first third of 2023. Healthcare, accommodation and food ser...

Deborah Lambie: Milford Asset Management analyst on China's new dominance in electric vehicles

28 Jun 2023

Contributed by Lukas

China is reporting a rising dominance in electric vehicles, having overtaken Japan last quarter. More than a decade of Government subsidies and increa...

Jenee Tibshraeny: NZ Herald Wellington business editor on first home buyers making significant percentage of new mortgages

28 Jun 2023

Contributed by Lukas

First-home buyers accounted for a record-high portion of banks’ new mortgage lending last month. In May, first-home buyers 24.3 per cent of the $5.9...

Julie Moore: Moore Wilson managing director among Wellington business owners opposed to Let's Get Wellington Moving proposal

28 Jun 2023

Contributed by Lukas

A popular Wellington retailer is among the businesses and organisations slamming proposals for the city's Golden Mile. The council will vote tomorrow ...

Mike's Minute: The Government don't understand basic economics

27 Jun 2023

Contributed by Lukas

If you want a good example of simple economics, we are living through a doozy. It's only Wednesday but already this week we have millions promised by ...

Leanne Geraghty: Air NZ Chief Customer and Sales Officer on 500,000 travellers expected this school holidays

27 Jun 2023

Contributed by Lukas

As we approach the July school holidays, Air New Zealand are expecting half a million Kiwis onboard this year. 45,000 seats have been added on domesti...

Grant Robertson: Finance Minister says universities need to take a look at how they deal with their finances and do better

27 Jun 2023

Contributed by Lukas

The Finance Minister is telling universities to take a look at how they deal with their finances and do better. Institutions will get a piece of the $...

John Tookey: Professor of Construction says it will be impossible to have increased community say, and faster consenting in RMA

27 Jun 2023

Contributed by Lukas

Mixed feelings about RMA reforms. The Environmental Select Committee has suggested amendments including faster consenting and enabling local voices. A...

Paul Bloxham: HSBC Chief Economist says there's a 50-50 chance Australia enters recession

27 Jun 2023

Contributed by Lukas

There are growing fears Australia will follow New Zealand into a recession next. Commonwealth Bank and AMP suggest there's a 50-50 chance the Australi...

Jamie Mackay: The Country host on H and J Smith Invercargill closing and gutting 220 jobs

27 Jun 2023

Contributed by Lukas

After a month-long consultation period, H and J Smith Invercargill will close on November 18. This decision will affect 220 employees of the flagship ...

Pattrick Smellie: BusinessDesk manging editor says RMA at risk of becoming next Three Waters

27 Jun 2023

Contributed by Lukas

Bills to reform the Resource Management Act have come back from a select committee- full of recommended amendments. These recommendations include more...

Weston Kirton: Ruapehu Mayor says skifield liquidation a complex situation, but the financial backing helps jobs

26 Jun 2023

Contributed by Lukas

Hopes a multi-million dollar government loan to Ruapehu Alpine Lifts liquidators gets the skifields off thin ice. The Government is chipping in up to ...

Geoff Cooper: NZ Infrastructure Commission on 16 percent of Kiwis' after-tax income spent on infrastructure services

26 Jun 2023

Contributed by Lukas

An average of around 16 percent of Kiwis' after-tax income is spent on infrastructure services - including drinking water, transport, broadband and ho...

John Fisk: Liquidator says $5m loan for Ruapehu Alpine Lifts allows consultation to continue before a sale

26 Jun 2023

Contributed by Lukas

A lifeline comes as the Government offers a $5 million helping hand towards the liquidators of Ruapehu Alpine Lifts. The loan is being touted as the s...

Jason Walls: ZB Political Editor says Hipkins needs to keep Xi Jinping onside, China is huge economic partner

26 Jun 2023

Contributed by Lukas

It's expected Chris Hipkins will be walking a tight rope during his meeting with Chinese president Xi Jinping in Beijing today. Newstalk ZB Political ...

Alistair Crozier: NZ China Council director says Hipkins needs to sell NZ to Xi Jinping as open and accessible

26 Jun 2023

Contributed by Lukas

Hopes Prime Minister Chris Hipkins can shine in his first meeting with Xi Jinping. The pair will meet to discuss topics like trade and the war in Ukra...

Fran O'Sullivan: NZME business commentator says situation in Russia will impact Prime Minister's trip to China

26 Jun 2023

Contributed by Lukas

The situation in Russia is expected to colour the background of the Prime Minister's trip to China. Chris Hipkins is currently leading a delegation th...

Oliver Peterson: Australian correspondent on PwC selling Government consultancy practice for $1

26 Jun 2023

Contributed by Lukas

PwC agreed to sell their Government consultancy practice for $1 following a scandal over the misuse of confidential tax plans. The accounting company ...

Grant Robertson: Finance Minister says upgrading Air Force Boeing 757s part of Defence Force program

26 Jun 2023

Contributed by Lukas

The Government says it is under no illusions Defence Force aircraft need upgrading. It has been revealed two Air Force Boeing 757s were on the runway ...

Nicola Willis: National finance spokesperson says Govt's handling of PGF is spraying around a money hose full of taxpayer cash

22 Jun 2023

Contributed by Lukas

National's finance spokesperson says she's shocked by Government's inability to confirm if the Provincial Growth Fund is getting bang for buck. Parlia...

Bryce Wilkinson: NZ Initiative report questions why the outcomes in govt-dominated sectors aren't performing better

22 Jun 2023

Contributed by Lukas

With numbers of those employed in the public sector increasing by 28 percent,  along with more top heavy well-paid managers and communication teams, ...

Sir John Key: Former Prime Minister says China's economy has enormous upsides and plenty of opportunities for NZ exporters

22 Jun 2023

Contributed by Lukas

The Prime Minister has a tight rope to navigate as he prepares for his trip to China next week. Chris Hipkins is set to leave on Sunday with a large b...

Sam Dickie: Fisher Funds senior portfolio manager on the unwinding of Covid-19's impact on the business sector

22 Jun 2023

Contributed by Lukas

The unwinding of Covid-19 is still having an impact on the business sector. Investors have noticed companies have benefitted from the impacts of lockd...

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government generating lower-than-expected tax revenue

22 Jun 2023

Contributed by Lukas

Lower-than-expected tax revenue is causing the Crown accounts to dip further down. The IRD reportedly received $69 million in the previous tax year, s...

Richard Burke: Horticulture expert on Kiwis wasting a reported 282 tonnes of broccoli each year

21 Jun 2023

Contributed by Lukas

Don't throw out your broccoli stems if you want an an extra source of nutrition.   More than 280 tonnes of stems are being thrown out every year - t...

Ross Taylor: Fletcher Building CEO insists they're in good shape, despite lower profit

21 Jun 2023

Contributed by Lukas

Fletcher Building insists it's in good shape, despite lower profit. It's dropped its forecast to about $800 million down from its February prediction ...

Colin Bond: Kiwifruit Growers CEO says only about half of kiwifruit growers expect to break even this year

21 Jun 2023

Contributed by Lukas

Only about half of kiwifruit growers expect to break even this year, amid a particularly bad harvest. Production this year is down about 35 million tr...

Frances Sweetman: Milford Asset Management Portfolio Manager on Fletcher Building downgrading sales expectations

21 Jun 2023

Contributed by Lukas

Fletcher Building have downgraded their profit forecast, citing a slowing market and extreme weather. The building and construction company lowered th...

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government not planning a cash injection for Kiwibank

21 Jun 2023

Contributed by Lukas

The Government confirmed they have no plans to inject capital into Kiwibank to make it more competitive with the bigger banks. The Commerce Commission...

Dave Mazey: Whakapapa Holdings Chief Executive hoping equity partners can stitch up deal post-Ruapehu liquidation

21 Jun 2023

Contributed by Lukas

Ruapehu Alpine Lifts is officially in liquidation, after creditors wouldn't agree to let other ski operators take over operations on the mountain. The...

Kerre Woodham: Is there any real reason to beat up on the banks?

21 Jun 2023

Contributed by Lukas

There's a perception that a generation of New Zealand homebuyers are greedy, acquisitive and are locking young Kiwis out of the property market. Why b...

Mike's Minute: We need a report into why we do so many reports

20 Jun 2023

Contributed by Lukas

If you are really interested - and that in part is the problem - are we really interested? We all moan about banks. Banks are big and they are success...

Peter McIntyre: NZ Berryfruit Propagators chair fears there may be a shortage of strawberry plants when season begins

20 Jun 2023

Contributed by Lukas

A strawberry shortage is looming. Due to damage from the extreme weather and continued labour shortages, it looks like there will be a lack of strawbe...

Roger Beaumont: Banking Association CEO says sector welcomes CommComm study and stands by its practises

20 Jun 2023

Contributed by Lukas

Banks are standing by their right to make a profit ahead of a new Commerce Commission inquiry. The Government has ordered the commission to conduct a ...

Dave Mazley: Whakapapa Holdings Chief Executive expects Ruapehu Alpine Lifts to be liquidated after court today

20 Jun 2023

Contributed by Lukas

A last minute saving-grace has come as the Ruapehu skifields are on thin ice. A government and council-backed option for Whakapapa Holdings and Pure T...

Weston Kirton: Ruapehu Mayor says everyone is waiting with bated breath to see if companies step in to purchase skifields

20 Jun 2023

Contributed by Lukas

Uncertainty is plaguing Ruapehu. A bid to liquidate Ruapehu Alpine Lifts is being heard in the High Court in Auckland this morning, dubbed a 'worst ca...

Pattrick Smellie: BusinessDesk managing editor on the Government confirming Commerce Commission probe into banking sector

20 Jun 2023

Contributed by Lukas

New Zealand's major banks are set to go under the microscope. The Government has confirmed a Commerce Commission probe into banking sector competition...

Jason Platt: Ruapehu Stakeholders Association chairman on the company behind operations entering liquidation

20 Jun 2023

Contributed by Lukas

Ruapehu Alpine Lifts is heading towards liquidation weeks out from the 2023 ski season. Creditors didn't come to an agreement on the company's future ...

Duncan Webb: Commerce and Consumer Affairs Minister says quick fix won't solve structural issues in the banking sector

20 Jun 2023

Contributed by Lukas

The Government says there's no quick fix for the banking sector. It's ordered the Commerce Commission to probe bank profits and competition. A prelimi...

Sam Stubbs: Simplicity director discusses announcement of Commerce Commission enquiry into banking sector

20 Jun 2023

Contributed by Lukas

A high-powered microscope will be trained on New Zealand's banks. The Government has just confirmed a Commerce Commission probe into banking sector co...

Andrew Cushen: Climate Forestry Association CEO discusses proposed changes to Emissions Trading Scheme

19 Jun 2023

Contributed by Lukas

Four new adjustments to the Emissions Trading Scheme have been proposed for consultation - all of which aim to make it less attractive for businesses ...

Claire Matthews: Business professor ahead of Govt announcement of CommComm inquiry into bank profits, fees

19 Jun 2023

Contributed by Lukas

Today the Government are set to announce a Commerce Commission inquiry into banks - with the focus expected to be on profits and fees. In 2022, retail...

Grant Dodson: Forest Owners' Assn president says amendments to the ETS removing forestry is a bad idea

19 Jun 2023

Contributed by Lukas

The forestry industry is sick of being made into the villain on reducing emissions. The Government is proposing to amend the Emissions Trading Scheme ...

Fran O'Sullivan: NZME business commentator on Prime Minister Chris Hipkins locking in meeting with Xi Jinping

19 Jun 2023

Contributed by Lukas

Prime Minister Chris Hipkins has locked in a coveted confab with Chinese President Xi Jinping. Hipkins heads to China on Sunday, alongside a large del...

Grant Robertson: Finance Minister adamant the fundamentals of the economy are still strong

19 Jun 2023

Contributed by Lukas

The Government says the fundamentals of our economy are really strong. When asked how he rates the chances of a credit rating downgrade, Finance Minis...

Ashley Church: Will we know what a market turn looks like?

17 Jun 2023

Contributed by Lukas

This week, OneRoof property commentator Ashley Church weighed in on the state of the market and the signs it may turn. LISTEN ABOVESee omnystudio.com/...

Robert McCulloch: Macroeconomics professor disagrees with Grant Robertson's blame of recession on floods and cyclone

16 Jun 2023

Contributed by Lukas

Upon the release of the GDP figures confirming New Zealand has entered two quarters of contraction and so is in a recession, Grant Robertson issued a ...

Mike's Minute: The economic chickens have come home to roost

15 Jun 2023

Contributed by Lukas

As the economy sinks, the Government sinks with it. What a shocking week. We have officially been in recession. Don’t let them con you into the “t...

Grant Robertson: Finance Minister responds to claims a recession will lose Labour the election

15 Jun 2023

Contributed by Lukas

Prime Minister Chris Hipkins believes New Zealanders will recognise the domestic and global factors that have contributed to two consecutive quarters ...

Steven Joyce: Former Finance Minister says the economy is going through a rough patch, going to take a while to turn around

15 Jun 2023

Contributed by Lukas

New Zealand may not be in a recession, but it's certainly in a slowdown. On paper, the country has officially entered a "technical recession" after re...

The Huddle: NZ enters technical recession and Kāinga Ora 'neighbours from hell' booted

15 Jun 2023

Contributed by Lukas

Tonight on The Huddle, Georgina Stylianou, Director of Government Relations firm BRG and Sam Johnson, Projects Director at Still joined in on a discus...

Sam Dickie: Fisher Funds senior portfolio manager on US corporations reaping record-breaking profits

15 Jun 2023

Contributed by Lukas

Corporate profits were expected to fall further in the United States, but expectations are being surpassed. Over the past year, consumers have grapple...

Liam Dann: NZ Herald business editor says GDP result makes it more likely the Reserve Bank won't increase rates

15 Jun 2023

Contributed by Lukas

The data is in, and New Zealand is officially into a technical recession. New figures from Stats NZ show GDP fell 0.1 percent in the March quarter- th...

Jarrod Kerr: Kiwibank chief economist warns there's still bumps in the road and contractions to come

15 Jun 2023

Contributed by Lukas

A leading economist says although it's shallow and technical, New Zealand is nonetheless in a recession. Stats NZ figures out today reveal GDP fell 0....