Economy News

More NZ Economy News

Michael Wilson

Investor confidence at two-year high video

Investor confidence has jumped to a two-year high thanks to buoyant property and share markets.

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Delegates will hold meetings in Jakarta (Reuters)

NZ businesses target Indonesia

Indonesia holds opportunities for New Zealanders to do hundreds of millions of dollars of new business.

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The chamber interviewed about 1000 Auckland business owners and managers

Auckland business confidence up

Business confidence is on the rise in Auckland with 50 percent of firms believing the business situation will improve.

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NZ dollar hit by US speculation

The New Zealand dollar slumped to its lowest point this year.

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US President Barack Obama (AAP)

US to spend more in New Zealand, Pacific

The United States will increase its diplomatic presence in New Zealand.

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Rating agency cuts outlook for small banks

Standard & Poor's, the global credit rating agency, has put eight local banks on notice over the rising risk of a housing bubble bursting in New Zealand.

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The Govt predicts two years of deficit before a $75m surplus in 2015

Surplus on target, just video

In announcing his fifth Budget, Finance Minister Bill English today said the Government is on track to return to surplus - but debt is yet to peak.

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NZ housing market overcooked: IMF

New Zealand housing is already overvalued by about 25 percent and if it continues to rise may force the Reserve Bank to hike interest rates.

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Retail sales in NZ are up on last year

NZ retail sales up, Aus down video

There are some encouraging signs for New Zealand's economy in the latest retail sales data.

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