Explore the latest economy news by BusinessDesk
Treasury’s about-face on house price inflation
Pattrick Smellie |
Wed, 16 Dec 2020
Not even covid-19 and the biggest hit to the economy on record are enough to cause a fall in house prices.
NZ deficit narrowed to 0.8% of GDP
Staff reporters |
Wed, 16 Dec 2020
Jump in imports of cars and other goods drove $400 million current account deficit in September quarter.
Consumers feeling festive
Staff reporters |
Tue, 15 Dec 2020
The latest Westpac McDermott Miller consumer confidence survey shows people are getting into the swing of the holiday season.
Bleak November for services sector
Rebecca Howard |
Mon, 14 Dec 2020
Shrinking activity in the services sector might hint at supply-chain issues.
Manufacturing activity stages solid comeback
Staff reporters |
Fri, 11 Dec 2020
Manufacturing activity key driver for bounce in economy.
Govt tax take still beating expectations
Staff reporters |
Thu, 03 Dec 2020
The government's books are awash with red ink, but in much better shape than Treasury feared just three months ago.
Vaccine hopes take edge off business pessimism
Staff reporters |
Mon, 30 Nov 2020
Business confidence is strongest since late 2017 – but still negative.
Small business jobs back at pre-covid levels
Staff reporters |
Mon, 30 Nov 2020
While jobs in small businesses have recovered to pre-covid levels, those in hospitality and in Queenstown are still down sharply.
Black consumer confidence clouds for Black Friday
Staff reporters |
Fri, 27 Nov 2020
People are starting to prepare for consumer prices to start rising.