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The following articles are sourced from The New Zealand Herald


Jobless rate up - big jump in Akl construction
Wed, 04 May 2016 11:05
New Zealand's jobless rate rose in the first quarter as the nation's labour force recorded its biggest increase in 12 years and Auckland drove an increase in employment growth.The unemployment rate rose to 5.7 percent in the first...

 

Brent Sheather Passive fund suitable for experts too
Wed, 04 May 2016 09:30
Like many people I prefer to start Sunday's slowly, with a cup of good coffee and a read of the newspaper's business section. Frequently however the exercise is a bit of a disappointment. The coffee is good but the business sections...

 

Barfoot and Thompson: Auckland property sales slump 29pc in April
Tue, 03 May 2016 08:52
As pressure builds on the Government to act on unaffordable Auckland housing, latest data from the city's biggest real estate agency show sales numbers have plunged.Barfoot and Thompson has just reported its lowest April sales figures...

 

Barry Ritholtz: Forecasters keep trying to predict the future. They can't.
Tue, 03 May 2016 08:00
Barry Ritholtz is a Bloomberg View columnist, is the founder of Ritholtz Wealth Management. He is a consultant at and former chief executive officer for FusionIQ, a quantitative research firm. "Our analysis suggests that over...

 

Mark Lister: Strong Kiwi dollar reflection of a robust economy
Tue, 03 May 2016 06:00
The NZ dollar has been rising lately, despite the surprise interest rate cut in March and an expected slowdown in the dairy sector.While the currency is often described as "overvalued" by many commentators, there is every chance...

 

Male-female wage gap widening for young workers
Fri, 29 Apr 2016 12:00
Pay disparities between men and women start earlier in their careers than widely assumed and have significantly widened for young workers in the past year, according to an American report from the Economic Policy Institute .Paychecks...

 

Brian Fallow: Shh - don't mention the pension
Fri, 29 Apr 2016 09:30
When Bill English delivers his next Budget a month from now, he will no doubt portray the Government as a model of providence and fiscal responsibility.And indeed, by international standards New Zealand's headline fiscal numbers...

 

Door open to OCR cuts as Wheeler eyes soft inflation
Fri, 29 Apr 2016 05:00
The door remains open to further official cash rate cuts after the Reserve Bank held the OCR steady while predicting inflation will pick up as the impact of low oil prices eases.Governor Graeme Wheeler said monetary policy would...

 

The Economy Hub: Official Cash Rate special
Thu, 28 Apr 2016 12:53
The Reserve Bank has made the wrong decision keeping interest rates at 2.25 per cent according to Kim Campbell of the Employers and Manufacturers Association."It's a poor call because if you look carefully at it, the interest rates...

 

Anat Admati: Heavy borrowing is addictive
Thu, 28 Apr 2016 12:00
The intense conflict of interest between bankers and the rest of society is captured well in a passage from Traders, Guns and Money , a book written by former banker Satyajit Das:"Traders risk the bank's capital [money from investors,...

 

Dollar, swap rates jump as OCR left on hold
Thu, 28 Apr 2016 10:57
The New Zealand dollar jumped 1.3 percent against the greenback after the Reserve Bank kept interest rates unchanged and repeated that easing may be required to get inflation back to its target while also noting a pick-up in house...

 

Moa narrows full-year loss by lifting volumes while cutting costs
Thu, 28 Apr 2016 08:00
Moa Group narrowed its full-year loss after the beer company increased sale volumes and cut operating costs.The loss was $2.9 million in the 12 months ended March 31, from a loss of about $5.6 million a year earlier, the Auckland-based...

 

Panamanian company bought NZ land - Labour
Thu, 28 Apr 2016 07:22
The Labour Party says says it has identified the Mossack Fonseca client who got approval to buy sensitive land in New Zealand.RNZ National is reporting Labour MP David Cunliffe saying that the decision was about the sale of Onetai...

 

Fed keeps key rate unchanged - provides no timing hints
Thu, 28 Apr 2016 06:18
The Federal Reserve is keeping a key interest rate unchanged against the backdrop of a global economic slump and providing no hint of when its next rate hike may occur.A statement the Fed issued after its latest policy meeting notes...

 

Tiwai Pt appeal rejected
Wed, 27 Apr 2016 18:40
The Supreme Court has rejected an application by the operator of the Tiwai Point aluminium smelter to challenge a High Court decision requiring it to stump up some $20 million in back-pay after a complaint from the smelter workers'...

 

NZ dollar rises ahead of OCR decision
Wed, 27 Apr 2016 18:21
The New Zealand dollar rose against its Australian counterpart after Australia posted its weakest inflation in seven years, sparking speculation of an interest hike across the Tasman just as the market is preparing for the local Reserve...

 

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