LATEST

Economy

German unemployment hits ten-year high

Daily Telegraph NZ -

The country’s economy is facing a third consecutive year without growth. Unemployment in Germany has risen to its highest level in a decade, official figures...

Reserve Bank chair Neil Quigley quits

Daily Telegraph NZ -

Reserve Bank chair Neil Quigley has resigned with immediate effect after months of controversy over his handling of former Governor Adrian Orr’s departure. Finance Minister...

SME pessimism grows as OCR cuts fail to lift confidence

Daily Telegraph NZ -

Small and mid-sized business owners in New Zealand remain pessimistic despite recent OCR cuts, with many yet to see benefits flow through to their...

UK teeters on economic collapse – Telegraph

Daily Telegraph NZ -

Soaring debt and borrowing costs are approaching levels that once forced London to seek an IMF rescue, according to a recent report. Britain is facing...

German economy in structural crisis – Merz

Daily Telegraph NZ -

Tackling the challenges the country is facing has proven harder than expected, the German chancellor admits. The German economy is experiencing a “structural crisis” rather...

Fonterra sells consumer brands to Lactalis in $3.8b deal

Daily Telegraph NZ -

Fonterra has agreed to sell its global consumer businesses, including well-known brands such as Mainland and Anchor, along with processing operations in Australia and...

Fletcher Building posts $419m loss

Daily Telegraph NZ -

Fletcher Building has reported a full-year net loss of $419 million, increasing from $227 million last year, as revenue fell to $7.0b and underlying...

Rising number of NZ businesses reporting losses as economic pressures mount

Daily Telegraph NZ -

Inland Revenue data shows a growing number of New Zealand businesses are recording losses, with 107,450 companies reporting a current loss in the latest...

Union warns of ‘labour market crisis’

Daily Telegraph NZ -

Unemployment in New Zealand has climbed to 5.2%, with 158,000 people now out of work, according to new data released by Stats New Zealand. The...

Unemployment rises to 5.2%

Daily Telegraph NZ -

New Zealand’s seasonally adjusted unemployment rate was 5.2 percent in the June 2025 quarter, according to figures released by Stats NZ today. This compares with...

Accountants call for Capital Gains Tax to tackle structural deficit and aging population pressures

Daily Telegraph NZ -

CPA Australia, representing over 3,000 accountants in New Zealand, is urging a comprehensive tax system overhaul, including the introduction of a capital gains tax...

Inflation increases 2.7 percent

Daily Telegraph NZ -

New Zealand’s consumers price index (CPI) increased 2.7 percent in the 12 months to the June 2025 quarter, according to figures released by Stats...

U.S. Treasury reports surprise surplus

Daily Telegraph NZ -

The gains are largely driven by President Donald Trump’s tariff hikes, which pushed customs duty collections to record highs. The US government posted a surprise...

South Korea to give citizens free money

Daily Telegraph NZ -

A nationwide scheme aims to spark economic revival through increased consumption, the Interior Ministry has said. South Korea is launching a sweeping cash handout program,...

Hardship and business failures on the rise

Daily Telegraph NZ -

New data from Centrix shows a 14% year-on-year increase in financial hardship, with nearly 50,000 individuals struggling to pay bills—24,000 of whom are facing...

Washington’s fiscal doomsday

David Stockman -

If you don’t think Washington is in the maws of a Fiscal Doomsday Machine, think again. And the place to start is with the 30-year...

Budget 2025 – full text of Willis’ speech

Daily Telegraph NZ -

Mr Speaker, I move that the Appropriation (2025/26 Estimates) Bill be now read a second time. Ahumairangi, Tangi Te Keo, tū te ao tū te pō....

In terms of Education – the two true marks of any good government budget is …

Alwyn Poole -

How much is spent in support of parents as the first and most important teacher of their child(ren)? … As opposed to bureacracy/system...

UK inflation surges to 3.5% in April

Daily Telegraph NZ -

UK inflation rose sharply to 3.5% in April 2025 from 2.6% in March, the highest in over a year, driven by significant increases in...

Reserve Bank budget to be slashed by 25%

Daily Telegraph NZ -

The Government has struck a deal with the Reserve Bank to cut its operating budget by 25 percent in the coming financial year, as...

Government unveils 38 new measures in Q2 Plan to ‘drive economic growth’

Daily Telegraph NZ -

The Government has unveiled its latest quarterly plan, outlining 38 new actions it will take over the next three months to grow the economy...

Living Wage to Rise to $28.95

Daily Telegraph NZ -

The living wage in New Zealand will increase to $28.95 per hour from September, up by $1.15 from the current rate of $27.80, significantly...

Fed Farmers call for Reserve Bank to ease capital rules amid rising loan costs

Daily Telegraph NZ -

Federated Farmers have urged the Reserve Bank to relax its stringent capital requirements for banks, arguing that the current rules are placing undue financial...

A2 Milk declares maiden dividend as profits surge on English label sales

Daily Telegraph NZ -

Infant formula maker A2 Milk has declared its first-ever dividend of 8.5 cents per share after reporting a strong financial performance, driven by robust...

NZ struggles as cost of living crisis deepens, says Salvation Army

Daily Telegraph NZ -

New Zealand is backsliding on social progress as food and housing become increasingly unaffordable, warns the Salvation Army in its latest State of the...

Unemployment to hit four-year high as job market slows

Daily Telegraph NZ -

New Zealand’s unemployment rate is expected to reach 5.1% for the December quarter, marking a four-year high as the job market continues to feel...

NZ’s beer industry pours $3.58B into economy – report

Daily Telegraph NZ -

New Zealand’s brewing industry is a powerhouse, contributing $3.58 billion to the nation’s GDP—nearly 1 percent—while generating $1.7 billion in tax revenue and supporting...

Bank of Japan raises interest rates to 17-year high amid accelerating inflation

Daily Telegraph NZ -

The Bank of Japan (BOJ) has raised its short-term policy rate to "around 0.5 percent," the highest level in 17 years, following a December...

Luxon: ‘State of the Nation’ 2025

Daily Telegraph NZ -

Full text of PM Christopher Luxon's State of the Nation speech, 2025. Ka nui te mihi kia koutou. Kia ora, good morning, talofa, malo e lelei,...

Euro falls to two-year low against dollar

Daily Telegraph NZ -

Economic and political instability have battered the Eurozone. The euro has fallen to its weakest level against the US dollar in more than two years,...

Every bureaucrat destroys 138 jobs

Peter St Onge -

An Auburn University study says every single regulator destroys fully 138 private sector jobs every year you keep him on the job. With nearly 300,000...

GDP decreases 1.0 percent in the September 2024 quarter

Daily Telegraph NZ -

New Zealand’s gross domestic product (GDP) fell 1.0 percent in the September 2024 quarter, following a revised 1.1 percent decrease in the June 2024...

India’s economic growth slowdown is ‘temporary blip’ – New Delhi

Daily Telegraph NZ -

Finance Minister Nirmala Sitharaman has said that healthy expansion is expected despite a decline in GDP to a seven-quarter low. Indian Finance Minister Nirmala Sitharaman...

Germany facing economic stagnation – central bank

Daily Telegraph NZ -

GDP is forecast to decline by 0.2% this year, a sharp downgrade from Bundesbank’s previously projected 0.3% expansion. Germany’s central bank has slashed growth outlook...

Government’s financial results fall short of forecast

Daily Telegraph NZ -

The government's financial results for the first three months of the fiscal year reveal a larger-than-expected deficit, prompting Finance Minister Nicola Willis to reinforce...

IMF highlights EU’s productivity struggles and moderate growth outlook

Daily Telegraph NZ -

The European Union’s economy faces slow growth and widespread productivity issues, as noted in a recent report by the International Monetary Fund (IMF). According to...

Former senior staffer urges Reserve Bank to drop DEI board appointments

Daily Telegraph NZ -

Geof Mortlock, a former senior economist at the Reserve Bank, has called for urgent reforms to the Reserve Bank's board and performance assessments in...

Inflation drops to 3-year low

Daily Telegraph NZ -

New Zealand's inflation has slowed to its lowest level in three years, with the annual consumer price index (CPI) rising by 2.2% in the...

New policy aims to ensure affordable and secure electricity – Brown

Daily Telegraph NZ -

The government has outlined its commitment to delivering affordable and secure electricity through the release of its Government Policy Statement (GPS) on electricity, Energy...

Reserve bank cuts cash rate as banks respond with lower lending rates

Daily Telegraph NZ -

The Reserve Bank of New Zealand has cut the official cash rate (OCR) by 50 basis points to 4.75 percent, the lowest in 18...

1 234...9 Page 3 of 9

Economy

Latest news

Don't miss

About

Latest

Announcements

Sections