November 7th, 2024

Business

1 year ago

New Zealand housing crisis: decrease in new home consents threatens affordability

New Zealand's housing and property market has been facing challenges, as evident in the latest figures released by Stats NZ. This decrease...

1 year ago

New Zealand household net worth declines by $10.3 billion in December 2022 quarter

New Zealand's household net worth experienced a $10.3 billion decrease in the December 2022 quarter, according to Stats NZ's quarterly data published...

1 year ago

RBNZ increases Official Cash Rate to 5.25% to curb inflation

The Reserve Bank of New Zealand (RBNZ) has increased the Official Cash Rate (OCR) today by 50 basis points from 4.75% to...

1 year ago

New Zealand industries show mixed performance in December 2022

New data published by Statistics New Zealand reveals a mixed picture for the nation's industries in the December 2022 quarter. A detailed analysis of...

1 year ago

Three-decade journey: tracing the economic ups and downs of New Zealand's GDP growth

As the world continues to face uncertainty and challenges, it is crucial to examine how economies have evolved over time. This in-depth news story,...

1 year ago

New Zealand Commerce Commission releases misuse of Market Power Guidelines ahead of law change

The Commerce Commission has released its Misuse of Market Power Guidelines ahead of a new law change that will make it easier to take...

1 year ago

New Zealand's labour productivity surges 2.2% in 2022: Statistics New Zealand

Statistics New Zealand has released data showing a 2.2% increase in New Zealand's labour productivity in the year ended March 2022, the...

1 year ago

New Zealand invests $69.5m in RNA Development Platform for biotech sector

Local research and innovation in RNA technology is set to ramp up, according to a media release by the Ministry of Business,...