September 19th, 2024

Business

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,...

2 years ago

Retail sales decline for the second quarter in a row

The volume of total retail sales fell 2.3 percent in the June 2022 quarter, after a 0.9 percent decrease in the March 2022 quarter...