Let’s start with the GDP number. It came in at 0.2 percent for the final quarter of last year, which is very much at the low end of expectations. We were looking for something in the range of 0.2 percent to 0.5 percent, with 0.5 percent being the Reserve Bank’s forecast.
Showing posts with label New Zealand economy. Show all posts
Showing posts with label New Zealand economy. Show all posts
Friday, March 20, 2026
Perspective with Heather du Plessis-Allan: Is there a bright side to all the bad economic news?
Labels: GDP, Heather du Plessis-Allan, New Zealand economyLet’s start with the GDP number. It came in at 0.2 percent for the final quarter of last year, which is very much at the low end of expectations. We were looking for something in the range of 0.2 percent to 0.5 percent, with 0.5 percent being the Reserve Bank’s forecast.
Wednesday, December 17, 2025
Perspective with Ryan Bridge: Another fiscal result telling us what we already know
Labels: Fiscal forecasts, New Zealand economy, Ryan BridgeIt's like waiting for Christmas when you're a ten-year-old, the whole month of December feels like an eternity.
Tuesday, December 16, 2025
Heather du Plessis-Allan: I'm confident for the economy in 2026
Labels: Heather du Plessis-Allan, New Zealand economyAt least two major retail banks see signs of an economic recovery and we have a new Reserve Bank Governor.
Friday, November 7, 2025
Ryan Bridge: A little too much economic nimbyism going on
Labels: New Zealand economy, Otago, Ryan BridgeAnd if we want to get ahead, everyone knows there must be trade-offs. No economic miracle, new business, or growth opportunity comes without a cost.
Monday, January 20, 2025
Eldrede Kahiya: NZ government has promised to double exports (again)....
Labels: Business + Economy, Eldrede Kahiya, Exports, New Zealand economyNZ government has promised to double exports (again) – but as history shows, this is easier said than done
With the goal of doubling exports over the next ten years, the National Party’s Boosting Growth Through Trade policy is now central to the coalition government.
Wednesday, December 11, 2024
Barrie Davis: Our Colonial Heritage
Labels: Dr Barrie Davis, New Zealand economy, The Treaty of WaitangiThere have recently been a number of pundits anguishing about the state and direction of the New Zealand economy; for example, Dr Peter Winsley (here). Furthermore, there have been a number of punters, including myself, who reckon it is only a matter of time before we are a third world country. I doubt it will last the rest of this century, which is a problem for those with children. The better informed have offered specific actions which they believe are necessary to rescue New Zealand from decline, for example Shane Jones (here).
Saturday, April 27, 2024
Michael Ryan: Does fighting inflation always lead to recession?
Labels: COVID-19 economic recovery, Fiscal policy, inflation, Michael Ryan, Monetary policy, New Zealand economy, Oil price shock, RecessionDoes fighting inflation always lead to recession? What 60 years of NZ data can tell us
There is an ongoing global debate over whether the high inflation seen in the aftermath of the COVID-19 pandemic can be lowered without a recession.
Sunday, September 3, 2023
Brian Easton: Chinese Property Market And New Zealand’s Future
Labels: 2023 Election, Brian Easton, Chinese economy, Chinese property companies, New Zealand economyEvergrande and Country Garden – two giant Chinese property development companies – are a portent of the turbulence before us.
The recent financial failures of two ginormous Chinese property companies, Evergrande and Country Garden, at various times ranked the second largest and sixth largest in China have implications for the New Zealand economy.
Thursday, October 13, 2022
Alistair Boyce: An open letter to CEOs and Industry Leaders
Labels: Alistair Boyce, Equal outcomes, Equality of opportunity, New Zealand economy, NZ's private sectorThe private sector is facing the biggest assault from central and local government in living history. It is now a constant that business, on the back of footing the bill directed by the government response to COVID is now to be the instrument of State to front the fight on equality and climate change.
The free market led mixed economy that has provided decades of economic expansion and derivative wealth is fast becoming a command economy. This is the antithesis of your role as business leaders fronting competitive organisations driving profit, productivity and economic growth.
A new era of equal outcomes is dominating the territory previously held by promotion of ability. The State is no longer satisfied by a primary role of providing an even playing field and equality of opportunity.
Friday, June 24, 2022
Bryce Wilkinson: New Zealand’s economy a shadow of its former self
Labels: Bryce Wilkinson, New Zealand economyPaul Bloxham, HSBC’s chief economist, once described New Zealand as a “rockstar economy”.
That was back in January 2014.
Today, there is nothing “rockstar” left about the New Zealand economy, unless you have Ozzy Osbourne in mind.
For more than three decades, the Swiss Institute for Management and Development (IMD) has compiled annual rankings of competitiveness for 63 of the world’s most important countries. It makes for sobering reading for New Zealanders.
Wednesday, May 25, 2022
Mike Hosking: Hermit Kingdom attitude is now haunting us
Labels: Closed borders, Covid, Mike Hosking, New Zealand economyIt's coming home to roost a bit, isn't it?
What we have learned this week, whether it be the construction company now in Britain looking to fill the jobs here that pay over $100,000, the university students that haven't come back despite the door being open, the manufacturers who told us the job queue is non-existent because reputation is an issue, or the apple orchards that have left over $100 million worth of fruit on the trees, there is a theme.
The theme is we stayed closed too long.
The line that the best economic response was our health response is now being shown to be the utterly dishonest nonsense it always was.
Thursday, April 28, 2022
Bryce Edwards: Could inflation lead to a voter backlash?
Labels: Bryce Edwards, inflation, Jacinca Ardern, Labour Government, Marine Le Pen, National Party, New Zealand economyThe current cost of living crisis in the New Zealand economy could yet have severe political consequences. Warning signs could be seen in Monday’s French presidential election result – in which the nationalist-populist Marine Le Pen upset the status quo by getting through to the second round and winning an incredible 42 per cent of the vote.
Rather than being a vote for her nationalism or rightwing politics, Le Pen’s stunning result was due to a campaign that targeted France’s cost of living crisis. Le Pen was able to leverage huge anger amongst those disadvantaged by quickly rising inflation and other assaults on ordinary people’s standard of living. Polling shows that Le Pen won the support of workers and those on low incomes, while the incumbent Emmanuel Macron won the votes of managers, professionals and the wealthy.
Could a similar revolt against Jacinda Ardern’s government happen here?
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