The ANZ Job Ads series is suggesting the New Zealand labour
market remains fairly strong and it is a question of when,
not if, this flows into an acceleration in wage growth.
Fonterra is likely to lift its farmgate milk price payout to
farmers when it makes its announcement next week but
economists are divided about where the payout will settle.
The risk of low inflation becoming embedded in New Zealand
seems to rise substantially when two-year-ahead expectations
are analysed, HSBC chief economist Paul Bloxham says.
Heartland Bank has decided not to proceed with a capital
issue or the return of capital before June, focusing instead
on acquisition opportunities presented by market volatility.
Most regions from South Canterbury to Invercargill seem
likely to benefit from proposed changes to New Zealand's
electricity pricing, although there is still a long way to go
before any changes are finalised.
The economy appeared to be growing at a better than average
pace, judging by the latest two indices published by the BNZ
and BusinessNZ, BNZ senior economist Craig Ebert said.
Increasing the time being, the increase in household debt was
sustainable, he said. Continued low interest rates meant the
proportion of household incomes spend on debt servicing had
Exposing consumers to the true cost of electricity was likely
to change their usage behaviour, Flick Electric chief
executive Steve O'Connor said.
The proposed electricity-transmission charging changes
produced clear winners and losers but all eyes would now turn
to the actions of New Zealand Aluminium Smelters, the
operator of Tiwai Point.
Submit your news & photos - Login or
Opinion? Have your say - Login or Register
event or notice
Add a photo
Make ODT my
Otago Daily Times print and digital edition, The
Star - Dunedin, The News - Central Otago, The
Ensign - Gore, Southland Express -
Invercargill, Southern Rural Life - Otago and
Southland, The Courier - Timaru, Courier Country - Canterbury and
West Coast, Queenstown Times - Queenstown, Mountain Scene -
Queenstown, The Oamaru Mail - Oamaru, The
Greymouth Star - Greymouth, Hokitika Guardian - Hokitika,
West Coast Messenger - West Coast, The Ashburton Courier -
Ashburton, The News - North Canterbury, Extra! schools
Times South Canterbury