Signs of economic strain: consents, cranes and cars

Signs of economic strain: consents, cranes and cars
Employment numbers aren’t to be trusted, the housing market remains perky, and there were signs of a resurgence in the retail sector before Auckland's second lockdown sucked the wind out of its sales.So, to which end of town do we look for more robust signs of the impending and much touted great covid recession?There are some stress fractures emerging, though they aren’t as high profile as you would think.ConsentsThe longer the 77,000 or so international tourists and students who used to get through New Zealand passpor...

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Westpac tips ‘Turneresque’ 25bp cut but says RBNZ could still channel McCullum
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Westpac tips ‘Turneresque’ 25bp cut but says RBNZ could still channel McCullum

Westpac Bank is sticking to its view the central bank will cut rates by 25 basis points next week to 2.25% but says there’s a 25% chance it will opt to be more aggressive and cut by 50bps.The key question is whether the Reserve Bank's monetary policy committee thinks it will...

Rebecca Howard 19 Nov 2025
Argosy delivers strong first-half results
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Argosy delivers strong first-half results

Earnings and net tangible asset value per share up. 

Andy Macdonald 19 Nov 2025
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Asset Plus' first-half profit lower as Munroe Lane in focus

First-half net tangible assets per share down on the year. 

Andy Macdonald 19 Nov 2025
No obstacles to RBNZ rate cut next week
Economy

No obstacles to RBNZ rate cut next week

The RBNZ is expected to cut the OCR to 2.25% and leave the door open for more.

Rebecca Howard 18 Nov 2025