Latest from Economy

‘Over $400 a month’: Economists see mortgage savings boost to economy in 2025
Two economists have crunched the numbers on mortgage costs in 2025 and the news is good.

Bank switching among mortgage holders hits record high
Floating or going short term makes it easier for borrowers to change bank.

'Ripples of backfill' - who's moving Auckland CBD offices
Mansons TCLM’s completion of the new FNZ Centre had a big impact on tenancies in the city.

Elon Musk-led car company opening soon in vast new retail hub
Vehicles about to arrive at the new Westgate premises.

Luxon and Bishop make transport announcement in Wairarapa
PM Chris Luxon and Transport Minister Chris Bishop announced that a number of roads would see their speed limits returned to their previous. higher limits. Video / Mark Mitchell

Inside Economics: Is property investing non-productive? Where should we invest?
If property is not 'productive', what is?

Dug down, walls now rising for $400m Mount Maunganui retirement village
A giant sandpile sits at the centre of the site where perimeter walls have been built.

Property Insider: Questions about ‘defective’ apartments
How can it be that 19-year-old apartments need $36.6m repairs or $82m rebuilding costs?

NZ's economy took 'developed world's biggest hit'
Country's GDP is forecast to grow by 1.8% in 2025 after a 0.5% drop in 2024.

Where Auckland rents rose the fastest in 2024
Viewing and listings may be picking up after 'subdued activity' late last year.

Matthew Hooton: Luxon’s big economic speech a good start, but needs more
The Beehive plans to spend the whole year on a rolling maul of announcements.

Falling net migration will ‘erode support for housing market’
Kiwis still departing in high numbers but there are signs the trend has peaked

Apartment developer declares insolvency owing $3.76m
Unexpected cost rises, Covid delays, cooling market blamed for development failure.

We don’t always know what government spending achieves - Auditor-General speaks out
Finance Minister open to addressing the issue with a law change.

The inflation battle is over - so why doesn't it feel like it?
Cost of living crisis is over, economist says, but have things improved?

Big rate cut still on the cards after inflation data
A decent fall in non-tradeable inflation should hearten the Reserve Bank.

Trump proposes 10% tariffs on Chinese imports from February
Trump had previously signalled he might impose tariffs of 50% or more.

Inside Economics: Capital Gains Tax v Wealth Tax – what's the difference?
Liam Dann answers readers' questions about economics.

Dellwyn Stuart: How NZ businesses can tackle the gender pay gap
OPINION: The pay gap is a crisis, hindering families and retirement savings.

Rise in holiday spending at end of 2024, electronic card data shows
New data from Stats NZ shows spending in retail performed strongly during December sales.

QV figures: How much has your home lost since the market peak?
We can't say 'peak to trough' because we don't yet know if we have hit rock bottom.

NZ productivity crisis blamed on brain drain, dismal pay prospects
We're just not ambitious enough, recruitment firm says.

Inflation rate will give clues on how much more the OCR will be cut
December quarter inflation figures to shed light on where the OCR may settle.

Mortgage wars: Another major bank cuts home loan rates as competition heats up
Kiwis can now get 5.99% six-month rates from three major banks.

Borrowers bet on big rate cuts, as popularity of floating rates surges
Should recent bond market volatility dent their confidence?

Matthew Hooton: Luxon promises laser-focus on economy, but will his aim be off?
OPINION: Luxon's State of the Nation speech should outline urgent, bold reform.

Inflationary pressure easing despite food price growth
Westpac senior economist Satish Ranchhod says inflationary pressures are easing.

Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.

Food prices rise in December, driven by dairy, fruit, cooking oil
Non-alcoholic drinks and tobacco registered the biggest annual price increases.