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The following articles are sourced from The New Zealand Herald


Net inflow hits record at 43,500
Sat, 20 Sep 2014 05:00
The net inflow of migrants hit a record 43,500 in the year ended August, boosting the population by nearly 1 per cent.Arrivals reached a new high of 103,900, up 15 per cent from the August 2013 year, while departures at 60,400 were...

 

Auckland region leads the way as consumer confidence edges up
Sat, 20 Sep 2014 05:00
Consumer confidence has strengthened - marginally - in the latest ANZ Roy Morgan monthly survey.The consumer confidence index rose two points to 128. It has oscillated between 136 and 126 over the past year, levels ANZ chief economist...

 

Migration boom rolls on as fewer kiwis depart
Fri, 19 Sep 2014 11:00
New Zealand's annual net migration rose to a record in August, exceeding Treasury's forecasts, and spurred by more migrant arrivals and the ongoing decline of Kiwis leaving for Australia. The country gained a net 43,500 migrants...

 

Stock takes: Scottish referendum spooks British market
Fri, 19 Sep 2014 09:30
Markets, so the cliche goes, hate uncertainty. And there's been plenty of jitters in Britain's equity market on fears of a possible break-up of the United Kingdom.British stocks had been copping heavy selling ahead of last night's...

 

NZ dollar advances ahead of election
Fri, 19 Sep 2014 09:09
The New Zealand dollar advanced as investors bet on stability ahead of the general election tomorrow and as weaker US data weighed on the greenback.The kiwi rose to 81.43 US cents at 8am in Wellington, from 81.06 cents at 5pm yesterday....

 

GDP outstrips growth in wages
Fri, 19 Sep 2014 08:13
Wages continued to grow more slowly than output per person over the past year.Statistics New Zealand yesterday reported real gross domestic product growth of 2.4 per cent per capita over the year to June 2014.But the quarterly...

 

Wall Street hits new record high
Fri, 19 Sep 2014 07:52
Wall Street rose, pushing the Dow and S&P 500 to record highs, after a larger-than-expected drop in US jobless claims and the Federal Reserve's fresh promise to keep interest rates low.A Labor Department report showed...

 

Editorial: Economy rules - so change of Govt unlikely
Fri, 19 Sep 2014 05:00
It would be a surprise if New Zealanders change the government tomorrow. Even in the age of MMP, it has taken an economic shock or meltdown to move voters to throw out the incumbents. Cha

 

Economy grows on service sector surge
Thu, 18 Sep 2014 10:51
New Zealand's economy grew just ahead of expectations in the second three months of the year as the fastest growth in the services sector for seven-and-a-half years offset shrinking activity in the primary sector when...

 

Monetary incentive for staying in work or moving regions
Thu, 18 Sep 2014 10:30
National has announced further steps to try to reduce benefit numbers by 25 per cent, including paying more people to move to other regions for jobs and bonus payments for those who stay in a job for a certain period of time.Paula...

 

NZ dollar plunges to 7-month low
Thu, 18 Sep 2014 08:40
The New Zealand dollar dropped to a seven-month low after the Federal Reserve raised its expectation for the level of interest rates by the end of next year, boosting the lure of the greenback.The kiwi touched 80.73 US cents, and...

 

Stocks, greenback rise on Fed pledge
Thu, 18 Sep 2014 07:55
Wall Street advanced, as did the US dollar, after Federal Reserve policy makers kept their pledge to maintain interest rates near zero for a "considerable time" after the end of its monthly bond-buying program."'Considerable...

 

Dow closes at record after US Fed keeps rates intact
Thu, 18 Sep 2014 07:14
The stock market rose Wednesday after the Federal Reserve told investors to expect low interest rates for a while yet, pushing the Dow Jones industrial average to a record high.After drifting along for most of the day, stocks marched...

 

Big drop in exports hits trade balance
Thu, 18 Sep 2014 05:00
The gap between what New Zealand earns from the rest of the world through trade and investment and what it pays widened in the June quarter as falling dairy exports started to weigh on the trade balance.The current account balance...

 

Fonterra forecast set to fall short
Thu, 18 Sep 2014 05:00
Fonterra's $6 a kg farmgate milk price for 2014/15 looked more and more like a pipe dream after last night's Global Dairy Trade auction.Rural economists said the forecast was more likely to be in the mid to low $5 a kg of milksolids...

 

NZ dollar pares gain in lead up to Fed review
Wed, 17 Sep 2014 17:36
The New Zealand dollar pared gains as investors refrained from taking any new positions ahead of the US Federal Reserve's policy review, and after government figures showed the current account deficit narrowed in the year to June...

 

Balance of payments deficit hits cyclical low point
Wed, 17 Sep 2014 11:03
The annual deficit in New Zealand's dealings with the rest of the world fell, in line with consensus forecasts, to 2.5 percent of gross domestic product in the year to June 30, hitting what economists expect will prove to be a cyclical...

 

NZ dollar rises on speculation ahead of Fed meeting
Wed, 17 Sep 2014 08:58
The New Zealand dollar advanced as investors pulled back expectations for the Federal Reserve to signal a rise in interest rates at this week's meeting and on reports China is adding liquidity to its banks to bolster economic growth.The...

 

Wall Street climbs overnight
Wed, 17 Sep 2014 07:56
Wall Street advanced overnight as a report showed a gauge of US inflation was unchanged in August, which helped fuel expectations Federal Reserve policy makers might hold on to their plan to keep interest rates low for a "considerable...

 

Peter Lyons: Trickle-down is part of the problem, not an answer
Wed, 17 Sep 2014 05:00
The term "trickle-down effect" should be used only to describe an unfortunate ailment that can affect the elderly.In economics, it is often used to justify reducing tax rates for high-income earners.The belief is that taxing the...

 

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