RNZ
Third quarter retail trade figures are expected to reflect a difficult period for consumers, retailers and the economy.
Stuff
The hit may not be reflected in official numbers yet.
RNZ
Regional economic momentum is waning as the primary sector slowdown hits rural communities.
A gaping infrastructure deficit and a growing population will pose a challenge to the incoming National-led government
The New Zealand sharemarket surged more than one and a half percent following a strong day on Wall St, where there is a renewed belief that inflation is being beaten down.
Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'
A quarterly survey for the Reserve Bank shows that households' views on the likely rate of inflation in a year are unchanged from the previous survey, but they see stronger house prices
RNZ
The final earnings season of the year swings into action this week, with investors and analysts paying close attention to what will be a health check on the broader economy.
Oneroof
Incoming PM Christopher Luxon has given his strongest hint yet it won't survive negotiations., All things property, under OneRoof
Oneroof
After Australia’s rate hike, OneRoof asks economic experts about NZ’s fight to tame inflation., All things property, under OneRoof
Newshub
The new centre-right Government's policies will also support the housing market, Westpac says.
RNZ
Westpac says inflation is likely to remain above the Reserve Bank's target range for all of 2024, with potential for another increase in the OCR in the first half of next year.
Wall St falls as megacaps slide, investors assess earnings and data
Newsroom
NZ sharemarket on verge of entering bear market territory: The NZX50 has fallen 19.5 percent since January 2021, meaning it is likely to be grizzly this week. Andrew Patterson reports.
www.abc.net.au
Reserve Bank of Australia governor Michele Bullock says the central bank "will not hesitate" to increase the cash rate over fears inflation could take longer to return to target than its current "late 2025" forecast.
NZ Herald
New Zealanders love to have a drink, but that doesn’t mean all is well in the business of booze. In recent years, we’ve seen iconic local beer and wine...
Oneroof
The five things you need to know about the housing market this week., All things property, under OneRoof
Stats NZ has released its latest measure of inflation. It comes after a 32-year high back in the June 2022 quarter.
Newshub
Five ASB term deposits have increased.
Switching banks by mortgage borrowers is becoming more popular. But borrowers seem to have reached their home loan obligation limit as rates and payments rise. High LVR borrowers have the fewest choices
Oneroof
Agents note huge increase in the number of homes coming to auction in October and November., All things property, under OneRoof
Asia Times
NEW YORK - The US economy added an unexpectedly large 336,000 jobs in September, buoyed by the largest peacetime budget deficit in history and a flood of
Newsroom
Business & investing: ANZ Bank economists expecting rate rise before year's end, but Kiwibank thinks hikes aren't necessary, writes Andrew Patterson
Stuff
BNZ is shifting home loan rates on two of its terms.
September's selling pressures took hold of Wall Street following gains seen in the previous session.
The Money