‘Eyes wide open’ to cost of saving jobs – Adrian Orr

‘Eyes wide open’ to cost of saving jobs – Adrian Orr
Paul McBeth
The government was fully aware of the trade-offs it faced when the Reserve Bank embarked on an unprecedented monetary stimulus to help preserve jobs and prop up the economy when the covid-19 pandemic hit, says governor Adrian Orr.Finance Minister Grant Robertson has been accused of ignoring the widening gap between rich and poor when the near-zero interest rate policy and money printing programme pushed up asset prices over the past year, which saw a jump in house prices when economists had been predicting double-digit declines.Parliament&rsquo...

More Economy

Majority of CFOs want Govt policy shift, but don't expect it
Finance

Majority of CFOs want Govt policy shift, but don't expect it

The Mood of the CFO survey shows a “two speed” economy with wildly divergent results.

Dileepa Fonseka 10 Sep 2025
ANZ's NZ operation may escape worst of 'Nuno-geddon'
Finance

ANZ's NZ operation may escape worst of 'Nuno-geddon'

ANZ NZ’s performance might be its potential saving grace.

Andy Macdonald 10 Sep 2025
No big NZ cuts amid 'Nuno-geddon': ANZ NZ
Finance

No big NZ cuts amid 'Nuno-geddon': ANZ NZ

ANZ Group chops thousands of staff, contractors, but no big cuts in NZ. 

Andy Macdonald 09 Sep 2025
The great inflation moderation
Economy

Cameron Bagrie: The great inflation moderation

There is always a cost associated with inflation.

Cameron Bagrie 09 Sep 2025