Fresh data suggests economy still not firing on all cylinders nearly a year after first interest rate cut.
Central bank top brass front MPs for questioning after yesterday’s 50bps rate cut, while ANZ business survey highlights pain.
Tentative evidence the Auckland Unitary Plan has had positive effect in areas of high housing demand, new report on impact of land restrictions on house prices suggests.
RBNZ Governor Adrian Orr says another 50bps cut is on the cards in February if the economy plays ball.
The central bank delivered as widely expected this afternoon – with more rate cuts likely early next year.
Two of NZ's top economists disagree about the Government’s push to get its books back into surplus and lower debt.
Economic recovery now expected to start later than forecast, Treasury chief economic adviser warns.
Prolonging recession is a policy choice, economists say.
NZ’s retirement system compares favourably with Australia’s in several respects, it insists.
Global economies are navigating ‘palpable’ challenges, says governor Adrian Orr.