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economy

BusinessApril 10

Business confidence in the doldrums

Weakening business profitability and rising labour costs appear to be underpinning expectations that economic conditions in the months ahead are deteriorating.
Business confidence in the doldrums
Business confidence in the doldrums
BusinessMarch 15

Spending drives GDP growth

Strong domestic spending is expected to underpin full-year 2014 gross domestic product (GDP) growth of 3.3%, when data is released later this week.
Spending drives GDP growth
Spending drives GDP growth
BusinessJune 12

Spanish 'fix' quickly loses its shine

Investor sentiment, currencies and stock exchanges initially buoyed by the 100 billion ($NZ161.8 billion) rescue package for Spain have soured as doubts surface as to whether the package will be large enough.
Spanish 'fix' quickly loses its shine
Spanish 'fix' quickly loses its shine
BusinessJune 4

US traders' woes could stir unease

Bear markets are likely to rage this week if United States traders and investors decide today to continue selling off shares and moving into the safer avenue of bonds and some currencies.
US traders' woes could stir unease
US traders' woes could stir unease
NationalMay 22

Best showing yet by Shearer with 'zero Budget' censure

OPINION: David Shearer delivered his strongest speech yet as leader of the Labour Party, when he yesterday launched a broadside at the Government's prediction for a "zero Budget" to be delivered on Thursday.
Best showing yet by Shearer with 'zero Budget' censure
Best showing yet by Shearer with 'zero Budget' censure
OpinionMarch 15

Brace for crash of China's economy

Building a skyscraper is the ultimate expression of economic confidence, and more than half of the 124 skyscrapers under construction in the world are being built in China.
Brace for crash of China's economy
Brace for crash of China's economy
BusinessJanuary 12

Fall in employment confidence 'no surprise'

Clouds of gloom are hanging over employment prospects for 2012 with employment confidence levels falling to its lowest level since mid-2009.
Fall in employment confidence 'no surprise'
Fall in employment confidence 'no surprise'
BusinessAugust 10

Time to deal with debt loads: economist

Central banks have almost run out of options on how to help stave off the latest volatility in world economies, BNZ senior economist Craig Ebert says.
BusinessJuly 20

Kiwi hits US85.69c high on positive US news

The New Zealand dollar continued its acceleration to hit a new record against the US dollar yesterday as overseas investors' appetite for risk increased, including their exposure to higher-yielding currencies.
BusinessMay 11

Bollard sees solid NZ foundation for growth

New Zealand's financial system is more resilient and positioned to support economic growth, but still faces a volatile and uncertain environment, Reserve Bank governor Alan Bollard says.
BusinessJanuary 25

Caution urged over latest service sector figures

The Otago-Southland services industry appeared to have had a major bounce in activity last month, but caution is being advised against reading too much into the latest figures.
BusinessDecember 28

Asia predicted to lead global growth next year

The prolonged weakness in the US and Europe may be the least of Asia's troubles in 2011, economists say, as the region fights potentially destabilising inflationary pressures.
DunedinDecember 27

Shoppers flock to bargains

Boxing Day shopping again attracted thousands of bargain hunters to Dunedin shops, with a busy day in the city despite the aftermath of the recession.
QueenstownDecember 24

Holiday market not growing

The Canterbury earthquake, Europe's big freeze and the ongoing global recession have combined to dent Christmas bookings at Queenstown Lakes District Council camping grounds, council holiday parks manager Greg Hartshorne says.
Holiday market not growing
Holiday market not growing
BusinessDecember 23

English confident of prospects despite stall in recovery

Finance Minister Bill English yesterday continued to talk up the prospects of an economic recovery despite evidence the recovery stalled in the middle part of this year.
BusinessDecember 2

Business NZ economic conditions index improves

Business New Zealand is cautioning against reading too much into an improvement in an index of economic conditions it compiles, arguing it may not reflect reality because of the quality of statistics it monitors.
BusinessNovember 23

Portugal, Spain EU's next weakest links

Europe's efforts to contain its debt crisis have come under increasing strain as bond market jitters shook Portugal and Spain, seen as the 16-nation eurozone's next weakest links now that Ireland has followed Greece by accepting a massive international rescue.
OpinionNovember 17

Imprisoned by fear, mistrust, self-interest

The inability of the international community to develop meaningful solutions to global issues is largely attributable to a conundrum known as the "prisoner's dilemma", suggests Peter Lyons.
BusinessSeptember 20

New Zealand third in economic freedom survey

New Zealand ranks third in the Economic Freedom of the World, 2008 survey.
QueenstownSeptember 8

Forum aims to stimulate economy

Concerns about slowing growth in Wanaka has prompted the town's Chamber of Commerce to invite a group of business leaders to come up with strategies to stimulate the economy.
Forum aims to stimulate economy
Forum aims to stimulate economy
BusinessMay 31

NZ economy dangers real

Clear and present dangers in the New Zealand economy meant there was no urgency for the Reserve Bank to increase the official cash rate from 2.5%, NZIER principal economist Shamubeel Eaqub said yesterday.
NZ economy dangers real
NZ economy dangers real
BusinessMay 19

NZ economy healthier, Bollard says

The financial system has improved over recent months reflecting a healthier New Zealand economy driven by stronger trade performance, Reserve Bank Governor Alan Bollard said today.
NZ economy healthier, Bollard says
NZ economy healthier, Bollard says
EditorialMay 14

Debt and prosperity

Australia, the country some of our political party leaders think we should aspire to match, learned of its Federal Government's new Budget this week and the contents must be worrying our Minister of Finance and his caucus colleagues.
BusinessMay 13

Data reveals third month of expansion

National manufacturing data has revealed a third month of expansion - April reaching its highest value since 2004 - with Otago down slightly on a month ago, but otherwise "stable within a firm expansionary band".
Data reveals third month of expansion
Data reveals third month of expansion
BusinessMarch 17

Rising diesel demand could point to economic rebound

A 5 percent rise in diesel demand in the December quarter from a year earlier could indicate a rebounding economy.