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16
Mar, 2023

‘Real recession’ still to come although economy could be in one already – economist

The economy could already be in a technical recession, but the effects are yet to kick in for many.

16
Mar, 2023

Worse than expected GDP: Labour and National spar over figures

A worse-than-expected economic growth result for the final quarter of last year has elicited reassurances from Labour – but dire predictions from National.

16
Mar, 2023

Government spends $2.75m to set up Hawke’s Bay, Tai Rāwhiti coastal shipping route

The government is spending $2.75 million to set up an emergency shipping route for Hawke’s Bay and Tai Rāwhiti, including chartering a vessel for three months.

16
Mar, 2023

New Pushpay takeover offer presented to shareholders

Shareholders of mobile donations company Pushpay have been presented with an improved takeover bid following the rejection of the previous offer.

16
Mar, 2023

GDP falls 0.6% in in three months ending December, bigger contraction than expected

New Zealand’s economy contracted more than expected in the December quarter, with GDP falling 0.6 percent.

16
Mar, 2023

Fonterra first-half profit up 50 percent

Dairy cooperative Fonterra has reported a strong 50 percent increase in its first-half profit, doubled its first-half dividend and announced plans for an $800 million return to shareholders.

16
Mar, 2023

‘Worse than unsatisfactory’: RBNZ and Govt criticised over inflation, housing boom

The Reserve Bank and the Minister of Finance have been attacked over monetary policy and inflation by the free market think tank, the New Zealand Initiative.

16
Mar, 2023

Credit Suisse shares plunge as bank fear widens

Markets in Europe and the US fell sharply as as investors worry about how troubled Swiss banking giant Credit Suisse will handle the fallout from US bank failures.

16
Mar, 2023

Farm profit expected to drop by third – Beef + Lamb NZ

Farmers’ incomes could drop by as much as a third this season as deflated demand reduces farmgate returns amid ever-increasing input costs.

16
Mar, 2023

Auckland CBD bouncing back from lockdowns: ”There’s a vibe and a buzz around the city’

After years of construction, crime and lockdowns, some businesses think they are witnessing the city’s long overdue comeback.

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