The headline unemployment rate, at 3.6%, is well below RBNZ’s estimated threshold of where the hot labour market starts to cause inflation.
Jason Winstanley takes on responsibility for NZME’s stable of radio brands including Newstalk ZB and The Hits.
Data from credit bureau Centrix shows Auckland businesses in distress, with an 18% increase in debt defaults in the city.
The region previously moved out of alert level 3 on Oct 19 to level 2.