Economy news
Trump exempts smartphones, laptops, chips in China tariff backdown
Good news for iPhone maker Apple and others who make tech products in China for the US.
Opinion: Risk of another GFC rises as trade war takes world to the brink
Dangerous stand-off: This is the economic equivalent of the Cuban missile crisis.
'Significant global event': Willis calls for calm as Trump pauses tariffs
Kiwi dollar jumps after pause announcement.
US Treasury bonds are being sold off. Here’s why it’s concerning
A new, unsettling red flag.
Wattle Park developer liquidated: Kiwibank owed $3.6m, Inland Revenue $1.09m
Project completed in January 2022 but developer blames Covid and the downturn for debts.
'Extreme carelessness:' Restaurant owner knowingly served toxic food
Judge: Xinchen Liu was “somewhat cavalier with the health of her staff and the public”.
GDP
Liam Dann: Big OCR call today as tariff turmoil threatens NZ recovery
US trade policy may force a rethink on how low the OCR has to go.
On The Up: Is self-belief the missing piece of the economic puzzle?
How much is a lack of confidence slowing our recovery?
Inside Economics: Could Trump tariffs mean lower OCR, plus why house prices are just ‘plodding’
OPINION: Liam Dann takes a deep dive into the week's economic news.
Employment
'Extreme carelessness:' Restaurant owner knowingly served toxic food
Judge: Xinchen Liu was “somewhat cavalier with the health of her staff and the public”.
Liam Dann: Big OCR call today as tariff turmoil threatens NZ recovery
US trade policy may force a rethink on how low the OCR has to go.
Official cash rate
Treasury keen on crisis time OCR cuts, not spending and money printing
The agency still can't pinpoint the benefits of the Covid-era $55 billion LSAP programme.
Lower interest rates to do heavy lifting reviving the economy - Jenée Tibshraeny
Monetary policy is poised to do much of the heavy lifting spurring economic growth.
Market Close: Why interest rate cuts couldn't boost NZ sharemarket
The NZX slides despite some rate relief.
Inflation
Reserve Bank cuts OCR by 25 basis points to 3.5%, banks trim floating home loan rates
The RBNZ says it has scope to lower OCR further as effect of US tariffs become clearer.
Liam Dann: Big OCR call today as tariff turmoil threatens NZ recovery
US trade policy may force a rethink on how low the OCR has to go.
More economy news
Musk brands Trump aide a ‘moron’ as 104% tariffs against China confirmed
Zuru cofounder Nick Mowbray also wades into the fray.
Liam Dann: Big OCR call today as tariff turmoil threatens NZ recovery
US trade policy may force a rethink on how low the OCR has to go.
Richard Prebble: How NZ’s fiscal policies leave us exposed to trade shocks
OPINION: Labour and National have increased debt, leaving NZ vulnerable to shocks.
On The Up: Is self-belief the missing piece of the economic puzzle?
How much is a lack of confidence slowing our recovery?
Property Insider: Fletcher’s $15m ‘mistake’, debate on granny flat law relaxation
What do people in the sector say about Fletcher Building closing its $15m plant?
Tech Insider: The NZ tech stars in the gun with Trump’s tariffs – and who could escape
PLUS: The sector that will 'escape a direct hit'.
Will tariff turmoil drive NZ interest rates lower still?
NZ wholesale interest rates have fallen after the US introduced higher tariff charges.
Amid tariff turmoil, will the Reserve Bank cut again?
The RBNZ is due to make its first rate call since Adrian Orr's departure.
‘Dream does not become reality’: Steve Evans on Clever Core failure
'Thanks to all who believed in it like me, worked in it, and supported it.'