Electricity use lifts as business switches back on

Electricity use lifts as business switches back on
Gavin Evans
Electricity demand is about 4 percent higher than a week ago as firms started preparing for limited operations under the more relaxed lockdown rules effective today.Up to 400,000 people were expected to be returning to work today after a five-week shutdown of the economy, joining workers in essential services, food manufacturing and other key export businesses which have continued operating.But the return to work will be a gradual start-up for many firms, including construction and much manufacturing, and only those firms that can operate with...

More Economy

RBNZ's inflation target conundrum
Economy

Cameron Bagrie: RBNZ's inflation target conundrum

A debate is pending on the inflation target as economic pain rises.

Cameron Bagrie 25 Apr 2024
NZ continues to cut trade deficit
Economy

NZ continues to cut trade deficit

Imports were down $1.9 billion, or 25%, compared to March last year.

Murray Jones 24 Apr 2024
Jobs growth still strong for small NZ businesses
Economy

Jobs growth still strong for small NZ businesses

Xero says jobs rose 7% year-on-year in the March quarter.

Rebecca Howard 24 Apr 2024
The labour market is doing what the RBNZ wants
Economy

The labour market is doing what the RBNZ wants

BNZ expects unemployment to tick up to 4.3%. 

Rebecca Howard 23 Apr 2024