Articles by Liam Dann, NZ Herald
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Business
Inflation falls slightly second quarter, to annual figure of 6.0 percent
Wednesday, 19 July 2023, 10:30amInflation fell slightly in the second quarter, to an annual figure of 6.0 per cent. The fresh inflation data has been released...
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Business
Recession, no great escape: GDP data confirms recession hit
Thursday, 15 June 2023, 10:50amThe economy in the first quarter entered a recession, falling 0.1 per cent, in line with market expectations. Data from Stats...
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Business
Labour force participation at record high, most women ever in work
Wednesday, 3 May 2023, 10:55amThe official unemployment rate for the March quarter has stuck firm, unchanged at 3.4 per cent. In the March 2023 quarter,...
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Business
Inflation falls big time, economists way off in forecasts
Thursday, 20 April 2023, 10:50amNew data from Stats NZ shows inflation fell to 6.7 per cent in a surprise drop through the March quarter. Economists expected...
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Business
GDP falls 0.6 pc in fourth quarter, worse than expected
Thursday, 16 March 2023, 10:49amEconomists expected GDP data - due at 10.45 today - to show the economy contracted in the fourth quarter of 2022, widely...
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Business
Brain gain continues as migration rebounds into the black for 2022
Thursday, 16 February 2023, 12:07pmNew Zealand saw a net migration gain of 15,800 in 2022, Stats NZ said today. That was a big turnaround from the 15,000 net...
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Business
Cheese, chips and chooks: New data confirms soaring grocery bills
Tuesday, 14 February 2023, 11:32amFood prices were 10.3 per cent higher in January 2023 than they were a year earlier, with grocery food the largest contributor...
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Business
Economy boomed: GDP data shows solid economic growth
Thursday, 15 December 2022, 11:14amThe New Zealand economy grew 2.0 per cent in the September quarter, greatly surpassing expectations. Economists had expected...
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Business
Watch live: Brace for a recession- Reserve Bank hikes OCR by 75bp to 4.25 per cent
Wednesday, 23 November 2022, 2:04pmThe Reserve Bank has today lifted the official cash rate by 75 basis points, taking it to 4.25 per cent, its highest level...
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Business
RBNZ says it helped dodge catastrophe but could have done better to thwart inflation
Thursday, 10 November 2022, 10:21amIn hindsight, the Reserve Bank should have started lifting interest rates sooner and cut back on its programme of quantitative...
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Business
Inflation rate nail-biter: Consumers Price Index brings some new relief
Tuesday, 18 October 2022, 10:51amThe inflation rate is down, only just, but vegetable price inflation just hit the highest levels this century, and the overall...
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Business
Food prices expected to keep simmering, but pace may have peaked
Thursday, 13 October 2022, 10:48amHave food price rises peaked? New data from Stats NZ at 10.45 this morning is expected to show prices lifted in September,...
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Business
Brain drain stabilising? Annual net migration loss improves in August
Wednesday, 12 October 2022, 11:49amNew Zealand continues to struggle to attract workers but the brain drain showed signs of stabilising in August - with a small...
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Business
Five in a row? All eyes on Reserve Bank ahead of Official Cash Rate decision
Wednesday, 5 October 2022, 10:42amThe Reserve Bank is widely expected to deliver another 50 basis point hike to the Official Cash Rate at 2pm today as it moves...
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Business
Business confidence continues to rebound... which might be bad news - ANZ
Wednesday, 31 August 2022, 2:47pmDespite inflation pressure remaining intense, business confidence rebounded in August, the latest ANZ Business Outlook shows. Unfortunately,...
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Business
Winter chill: Spending down as shoppers respond to rising costs
Thursday, 25 August 2022, 11:53amRetail sales have declined for the second quarter in a row, according to new data from Stats NZ. The volume of total retail...
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Business
More rate pain ahead: OCR hiked by 50bp to 3%, could peak at 4.1%
Wednesday, 17 August 2022, 1:59pmThe Reserve Bank has lifted the Official Cash Rate by 50 basis points to 3 per cent - its highest level since 2015. The RBNZ...
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Business
Worst time for first-home buyers in 65 years - what values will do next
Thursday, 23 June 2022, 7:00amA combination of record house prices and the limited further potential for growth makes this year the worst for first-home...
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Business
Consumer confidence plunges to lowest level since 1988
Tuesday, 21 June 2022, 10:23amThe Westpac McDermott Miller Consumer Confidence Index dropped sharply in the June quarter, falling to the lowest level recorded...
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Business
Omicron slams economy - GDP falls 0.2 per cent in first quarter
Thursday, 16 June 2022, 10:53amGDP fell 0.2 per cent in the March 2022 quarter, Stats NZ said today. "We saw lower output in the food, beverage, and tobacco...
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Business
House prices slumped again in May for sixth straight month
Wednesday, 15 June 2022, 10:51amHouse prices continued to fall through May and are now off around 6 per cent since their peak last November, according to...
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Business
More mortgage pain – Reserve Bank delivers double rate hike
Wednesday, 25 May 2022, 2:06pmInterest rates are set to rise higher and sooner than previously forecast as the Reserve Bank goes on the offensive against...
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Business
Grocery prices push food bills higher in April
Thursday, 12 May 2022, 12:23pmFood price inflation remained high in April following its 10-year high last month, StatsNZ said today. Food prices were 6.4...
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Business
Wage growth soars as unemployment holds steady at record low
Wednesday, 4 May 2022, 11:38amThe official unemployment rate has held steady at 3.2 per cent for the March quarter. But wage growth soared in the quarter. Annual...
