Economy

Inflation in New Zealand drops to 4%

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.

User Icon

posted on 17.04.2024

Economy

RBNZ keeps rates unchanged for sixth straight meeting

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.

User Icon

posted on 10.04.2024

Markets

Rise in employment confidence in New Zealand, says report

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.

User Icon

posted on 27.03.2024

Economy

Inflation in New Zealand drops to 4%

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.

User Icon

posted on 17.04.2024

Economy

RBNZ keeps rates unchanged for sixth straight meeting

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.

User Icon

posted on 10.04.2024

Markets

Rise in employment confidence in New Zealand, says report

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.

User Icon

posted on 27.03.2024

Markets

Average property values rise for the first time since mid-2022

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

User Icon

posted on 14.03.2024

Markets

RBNZ holds rates steady at 5.5%

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.

User Icon

posted on 29.02.2024

Markets

Government may permit foreigners to buy build-to-rent homes

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.

User Icon

posted on 23.02.2024

Economy

RBNZ may hike OCR to 6% in Feb and April, says ANZ

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

User Icon

posted on 09.02.2024

Economy

New Zealand’s minimum wage rises by 2% from April

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.

User Icon

posted on 01.02.2024

Markets

NZ home-building costs rise at slowest pace in seven years

House-building costs in New Zealand increased at the slowest pace in over seven years as high-interest rates and economic uncertainty hampered new home demand.

User Icon

posted on 11.01.2024

Markets

New Zealand immigration hits record high

Immigration in New Zealand has reached a new all-time high, moving further into “unsustainable territory.”

User Icon

posted on 12.12.2023

Economy

RBNZ holds rates steady, warns of further tightening

The Reserve Bank of New Zealand (RBNZ) held the official cash rate steady on Wednesday but said inflation was still too high and additional policy tightening may be required.

User Icon

posted on 29.11.2023

Markets

Average property values rise for the first time since mid-2022

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

User Icon

posted on 14.03.2024

Markets

RBNZ holds rates steady at 5.5%

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.

User Icon

posted on 29.02.2024

Markets

Government may permit foreigners to buy build-to-rent homes

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.

User Icon

posted on 23.02.2024

Economy

RBNZ may hike OCR to 6% in Feb and April, says ANZ

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

User Icon

posted on 09.02.2024

Economy

New Zealand’s minimum wage rises by 2% from April

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.

User Icon

posted on 01.02.2024

News Category Icon

Category

Inflation in New Zealand drops to 4%

RBNZ keeps rates unchanged for sixth straight meeting

Rise in employment confidence in New Zealand, says report

News from all categories

Stay on top of current economic and financial news in today’s fast-paced world and learn about trends that could play a significant role in your investment opportunities.

Media contact

deVere New Zealand’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online.

The department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines.

Our press office does not have access to client details and will not be able to assist with individual client enquiries.

Please contact deVere New Zealand's Head of Public Relations on [email protected] or call +44 2071220925.