NZ’s retirement system compares favourably with Australia’s in several respects, it insists.
The Westpac McDermott Miller Employment Confidence Index fell by 3.9 points to 105.6 in the June quarter.
The Westpac McDermott Miller Consumer Confidence Index rose 5.4 points in June, although is still well below average.
Economy falls into recession faster than expected, giving RBNZ time to ‘watch, worry, and wait’.
Stats NZ data reveals two successive quarterly declines in the economy.
The situation and outlook primary industries report describes a year of two halves.
It again recommends New Zealand looks at comprehensive capital gains and land taxes.
‘Imported narrative’ not support by evidence, according to Sense Partners report.
Treasury secretary Dr Caralee McLiesh has delegated authority to pay up to $400 million a month as cost of large-scale asset purchasing programme rises.
RBA governor Philip Lowe explains why the cash rate target needed to rise again.