OECD says NZ's living standards framework positive but has gaps

Mon, 24 Jun 2019

By Rebecca Howard June 25 (BusinessDesk) - Treasury’s living standards framework reflects good practice internationally but has some data gaps, including in areas where New Zealand fares poorly, the Organisation for Economic Cooperation and Development says. "The concepts and indicators included in the dashboard are generally well-aligned with those measured in other countries, but there are gaps, including in some aspects of natural capital where New Zealand has experienced some downward trends or fares poorly," the OECD said in its lat...

Unlock all stories free for 10 days

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

We won’t charge for 10 days. You can cancel anytime with two clicks, an email or a phone call. Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

You will be charged in 10 days unless you cancel beforehand.
We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Retail

Warehouse Group to close TheMarket as sales fall 9.2%

“Trading conditions remain highly uncertain,” CEO Nick Grayston says.

Gregor Thompson 9:40am

The Quiz Free

QuiznessDesk: Friday, May 10

Can you answer all ten questions correctly?

The Quizmaster 9:15am

Bloomberg

Australia will only cut rates in late 2025, ex-RBA official says

The cash rate is currently at a 12-year high of 4.35%.

Bloomberg 8:15am

Australia will only cut rates in late 2025, ex-RBA official says

Sponsored

How Z is earning an "A" with Flick

Z Energy's entry into the electricity sector is helping support EV drivers.

Z Energy

Sponsored

Pathways to prosperity within the Māori economy

It’s time to unlock the productivity of Māori land and business.

ASB

More Economy

Economy

Nearly $2b worth of ANZ mortgages overdue

That's up from $1.5b the year prior.

Riley Kennedy 08 May 2024

Economy

Weak red meat prices drop ANZCO Foods' profit nearly 60%

But, unlike other major processors, it still managed to turn a profit.

Riley Kennedy 07 May 2024

Economy

ANZ increases cash profit as net interest margins get squeezed

ANZ New Zealand has reported a 4% increase in its half-yearly profit despite pressure squeezing its margins.The bank's cash profit increased to $1.15 billion in the six months to March, up from $1.1b in the same period last year, but stable compared to the second half of its...

Riley Kennedy 07 May 2024

Economy

Cameron Bagrie: Beyond the headlines: Jobs data points to a divided NZ

Cameron Bagrie 07 May 2024

OECD says NZ's living standards framework positive but has gaps

More Economy

Your company has a subscription

Team