
'Recession can't be ruled out': Sluggish retail data points to tough year ahead
New data shows retail had a slow start to year. It will only get tougher, economists say.
New data shows retail had a slow start to year. It will only get tougher, economists say.
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Details are thin on which banks would support it and how much they would put up.
Harry Price was the bank's New Zealand chief executive from 1992 to 1999.
The chances of getting through this interest rate cycle with a "soft landing" are fading.
Hospitality is the sector still doing it toughest StatsNZ card transaction data shows.
Westpac NZ chief executive says it had a solid result in a fast-changing market.
The Bank of New Zealand has released is half-year result.
But Antonia Watson sees signs of stronger business lending.
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Some employers are offering higher KiwiSaver contributions or to pay for medical cover.
ANZ NZ has released its half year result.
The Reserve Bank has released its six-monthly report on NZ's financial stability.
Labour shortages have likely driven the strongest wage growth since 2009.
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StatsNZ releases Consumer Price Index data for the March quarter this Thursday.
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BNZ customers were unable to use ATM cards or access online banking services for hours.
New REINZ data shows the housing market cooling faster than expected, economists say.
The Reserve Bank increased the OCR from 1 per cent to 1.5 per cent yesterday.
RBNZ looks prepared to hike rates faster but not necessarily to a higher peak.
Brace for higher mortgage rates sooner.
Interest rates are headed higher after the official cash rate was hiked this afternoon.
Just 52 per cent of those surveyed said they trusted their bank.
December's quarter was a record but challenges are on the horizon.
NZIER survey shows business confidence low across the board as cost pressures mount.
Many miss loan payments and credit card bills.