Economy

The New Zealand Dollar is leading the way in the G10 currency space, buoyed by increasing equity markets and reports of a significant potential boost for the Chinese economy.

posted on 15.05.2024

Economy

Visitor numbers to New Zealand from Australia are experiencing a strong rally, even though they represent the country’s biggest gap in terms of visitor volume.

posted on 08.05.2024

Economy

Unemployment in New Zealand is set to increase to a three-year top and wage growth decline.

posted on 29.04.2024

Economy

New Zealand's annual inflation has fallen to its lowest level in almost three years. According to figures published by Stats NZ, consumer prices rose 0.6% in Q1, to bring the annual rate down to 4.0%, the lowest seen since June 2021.

posted on 17.04.2024

Economy

The Reserve Bank of New Zealand (RBNZ) held interest rates the same for the sixth consecutive meeting on Wednesday, stating they need to stay higher for longer to curb inflation.

posted on 10.04.2024

Markets

Employment confidence in New Zealand has turned positive for the first time since the middle of last year according to a new report, yet workers say it's more difficult to find employment.

posted on 27.03.2024

Markets

New Zealand’s property values are now marginally higher throughout the country for the first time in two years, according to recent findings.

posted on 14.03.2024

Markets

The Reserve Bank of New Zealand (RBNZ) held the cash rate steady at 5.5% on Wednesday, and reduced the forecast peak for rates, as policymakers stated the inflation outlook risks were now more balanced.

posted on 29.02.2024

Markets

New Zealand’s government is looking to allow foreigners to invest in build-to-rent homes in a bid to stimulate housing supply, according to finance minister Nicola Willis.

posted on 23.02.2024

Economy

The Reserve Bank of New Zealand (RBNZ) may hike the Official Cash Rate (OCR) to 6% at its upcoming meetings in February and April.

posted on 09.02.2024

Economy

New Zealand’s government has revealed the minimum wage will rise by 45 cents an hour to $23.15 from 1 April. This signals a 2% increase, the slowest rate in 10 years, from the present minimum wage of $22.70.

posted on 01.02.2024