US election one of many geopolitical tensions: RBNZ

US election one of many geopolitical tensions: RBNZ
Voting has begun as Donald Trump and Kamala Harris vie to be US President. (Image: Getty)
Rebecca Howard
The US presidential election is one of many geopolitical tensions that could potentially impact New Zealand, says the Reserve Bank of NZ's deputy governor, Christian Hawkesby. US voters began voting overnight to choose their next President in what is shaping up to be a tight race. Voting will close Wednesday evening NZ time. According to Reuters, the winner may not be known for days, although Donald Trump has already signalled he will attempt to fight any defeat, as he did in 2020.“The key message from our (financial stabili...

More Economy

Economy has likely left recession in rear-view mirror
Economy

Economy has likely left recession in rear-view mirror

Economists' forecasts range from 0.3% to 0.5% quarter-on-quarter GDP growth. 

Rebecca Howard 17 Mar 2025
WFH mentions in job ads declining, Seek says
Economy

WFH mentions in job ads declining, Seek says

Seek's senior economist says it's to do with a softer labour market.

Gregor Thompson 17 Mar 2025
Spending up 3.7% in year, Westpac data says
Economy

Spending up 3.7% in year, Westpac data says

Westpac’s senior economist, Satish Ranchhod, says spending is "starting to pick up again" after the bank’s data showed a 3.7% annual rise in spending on Westpac-issued credit and debit cards. Westpac's Retail Spending Pulse, released on Friday, showed the upward shift was hel...

Staff reporters 14 Mar 2025
How NZICC could change Auckland's CBD
Economy

How NZICC could change Auckland's CBD

Developers are pouring billions into Auckland CBD's midtown area.

Dileepa Fonseka 13 Mar 2025