The assistant RBNZ governor tells NBR that economist Brad Olsen’s recent comments were ‘not fair’.
Two surveys out today paint a bleak picture for the economy, while OCR cuts could be brought forward.
Tough year ahead as manufacturing and construction activity pulls back amid higher interest rates for longer.
New Zealand’s economy expanded 0.2% in the March quarter, after a 0.1% contraction previously.
RBNZ's chief economist presents a path back to 2% inflation.
The Westpac McDermott Miller Consumer Confidence Index fell 11 points in June to 82.2.
The Treasury says there is no single cause of, or silver bullet for, the country’s poor productivity.
Food prices rose at the lowest level in more than five years in year ended May, according to Stats NZ.
Retail spending fell more than 1% in May, with broad falls across all categories, reports Stats NZ.
Xero report found there was a 6.1% slump in national productivity last year.