Latest from Economy

January farm sales collapse to 46, lowest in 7 years

Only 7 dairy farms were sold last month, says the Real Estate Institute, with total farm sales slumping more than a third to just 46.

Service sector keeps expanding in Jan

December retail spend up a notch

Strike brings services to standstill over cuts

Workers shut down schools, grounded flights and walked out of hospitals yesterday to protest against austerity measures brought on by the nation's staggering debt.

Food prices up 2.1pc in January

Food prices increased 2.1 per cent in January, Statistics New Zealand said today.

Last GST hike had little impact, say tax experts

There was little impact on consumers the last time GST was increased by 2.5 per cent, say tax commentators.

<i>John Armstrong</i>: Key's growth package just tax cuts in disguise

Wait patiently for three months for the real oil in the Budget before passing judgment on the Government.

Goff wipes smile off PM's face with underclass jibe

<i>Editorial</i>: 'Step-change'promise more likely a stutter

Tents pitched for battle as nation struggles to reform

<i>Brian Fallow: </i> Alan Bollard's photocopy OCR

<i>Brian Fallow: </i>This morning's interest rate decision for the Reserve Bank is almost a photocopy of the last one on December 10.

Obama pay freeze widens

<i>Brian Fallow</i>: How's the economy? Depends who you ask

Children pay for meltdown

Signs of family breakdown emerge in the wake of Iceland's financial crash.

Fonterra cash hailed as 'investment udders'

Overseas investment in Fonterra inevitable, says academic

Childcare windfall swallowed up by bills

Fonterra raises $270 million from its farmers

Fonterra says around one third of its farmer shareholders have spent $270.7 million buying up new shares in the co-operative.