BRIAN GAYNOR: No, New Zealand is not a 'broken country'

BRIAN GAYNOR: No, New Zealand is not a 'broken country'
Brian Gaynor
Two recent media commentaries, under the headings 'This Broken Country' and 'The Roaring Twenties have started with a bang, and the economy may soon be whimpering' have painted a gloomy picture of the New Zealand economy.New Zealand isn’t perfect, but does it deserve these depressing commentaries? Is the country, particularly the economy, going to hell in a handbasket?Simon WilsonThe first column, by Simon Wilson in the Weekend Herald, argued that New Zealand is broken because farmers, Maori and teenagers are committing suicide, we have a rape...

More Economy

Employment confidence ticks up in December quarter
Economy

Employment confidence ticks up in December quarter

A further indicator of some stabilisation in the labour market. 

Business confidence stutters into 2025
Economy

Business confidence stutters into 2025

Nothing to stop a 50 point interest rate cut next month, says NZIER.

Pattrick Smellie 14 Jan 2025
Hospitality spending hit hardest in 2024
Retail

Hospitality spending hit hardest in 2024

Core retail spending grew at the slowest rate in five years.

Gregor Thompson 13 Jan 2025
Nearly 6,000 new roles filled in November, Stats NZ says
Economy

Nearly 6,000 new roles filled in November, Stats NZ says

The country added almost 6,000 jobs in November, and service industries fueled the increase.Stats New Zealand said on Monday that filled job numbers rose 0.3% compared to October.Primary industries provided 436 fewer jobs.Goods-producing industries, the biggest of which are manuf...

Staff reporters 13 Jan 2025