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Latest from Economy

Bumper May for property sales, prices lift
Good deals on mortgages and a rush to complete sales before winter have combined to make a good May for the property market, with sales surging and prices up.

Cloud manager fired over off-duty drunkenness
An ex-manager at the Cloud during the Rugby World Cup has been awarded compensation after being fired for turning up at the venue drunk while off-duty.

Govt tax take better than expected in first 10 months
The New Zealand Government took in $772 million more tax than expected in the first 10 months of the fiscal year.

Auckland property prices up 2.5pc in May
Barfoot and Thompson has reported the busiest May for the Auckland real estate market in seven years, with prices up 2.5 per cent from April .