Written By: - Date published: 10:43 am, July 29th, 2010 - 18 comments
Reserve Bank Governor Alan Bollard has lifted the official cash rate from 2.75 to 3 per cent, while expressing concerns about the weakness of New Zealand’s economic recovery.
Written By: - Date published: 12:30 pm, April 17th, 2009 - 39 comments
Peeking through the OECD policy brief there were some interesting issues when looking at the short-term economic issues over the next few years. As usual Granny Herald in their usual editorial policy of supporting NACT has it wrong. On their front page article they said… The economy is in for a long and deep recession, […]
Written By: - Date published: 1:59 pm, May 16th, 2008 - 23 comments
The economy is clearly slowing. Fundamentally, it remains strong with high employment, good wages rises, and strong prices for our exports but employment and retail spending both declined in the first quarter of this year, the housing market is flat, and there is a danger that if the Reserve Bank keeps its foot on our […]