Australia and New Zealand are experiencing protracted recessions. However, New Zealand’s recession is far deeper than ...
GDP data for the third quarter, due on Thursday, should represent a low point in this economic cycle, ANZ economists say. The ...
Reserve Bank of New Zealand (RBNZ) will need to continue cutting interest rates aggressively. NZD investors now see the RBNZ ...
The Pound to New Zealand Dollar (GBP/NZD) exchange rate spiked to a new multi-month high last week, before giving up some ...
There's uncertainty if the Reserve Bank will change tack following the revelation of New Zealand's deep recession. Stats NZ figures out yesterday show GDP fell 1% in the three months to September.
New Zealand’s economy suffered a deeper-than-expected recession in the second and third quarters as high interest rates curbed demand. The local dollar fell to a two-year low. Gross domestic product ...
Icey Bao said she had confidence to open her first dessert business - Aroma Dessert Studio (老椰手作) - in January this year, serving "sweet soups" (糖水) with coconut, mango and tapioca, which is common in ...
First, the Half-year Economic and Fiscal Update released on Tuesday showed the economy in a worse state than the Treasury had ...
Kiwibank Senior Economist Jo Vergara says a lack of infrastructure investment has made the last few years, particularly volatile. She says in a time of recession, building roads, hospitals and schools ...
Christopher Luxon will be wishing for a recovering economy in 2025. More jobs, a stronger dollar, and lower interest rates ...