A dangerous thought for New Zealanders: cheer up!

A dangerous thought for New Zealanders: cheer up!
Fresh from a European break, Smellie seeks to slay the Beast of Gloom. (Image: Pattrick Smellie)
Pattrick Smellie
Is anyone more irritating than someone who returns from a long holiday to tell everyone: “For God’s sake, cheer up!”? Well, that’s me.Scanning the headlines during a four-month northern hemisphere sabbatical, I found that New Zealand seemed as economically and politically dyspeptic as it had been since the Ruth Richardson recession of the early 1990s.The headlines from home were full of deteriorating economic conditions, increasingly polarised race relations, violent crimes, failing infrastructure, overuse of the word &l...

More Economy

Inflation expectations ticking up in RBNZ survey
Economy

Inflation expectations ticking up in RBNZ survey

One-year-ahead inflation expectations rose to 2.41% from 2.15%. 

Rebecca Howard 16 May 2025
NZ affected as Microsoft cuts up to 6,000 jobs
Economy

NZ affected as Microsoft cuts up to 6,000 jobs

Microsoft's NZ employees are caught up in a global restructure some have linked to AI.

Dileepa Fonseka 15 May 2025
Calder Stewart pitches 200ha Otago freight hub and inland port
Economy

Calder Stewart pitches 200ha Otago freight hub and inland port

The family-owned firm is up against another inland port proposal in Mosgiel.

Oliver Lewis 14 May 2025
US-China tariff deal eases risks, Budget 2025 remains tight
Economy

US-China tariff deal eases risks, Budget 2025 remains tight

Economists remain firm in their view that Budget 2025 will be lean.

Rebecca Howard 14 May 2025