Economy
Nicola Willis pushes for more tourists to boost economy
The Government wants to boost tourism and immigration numbers in a bid to revive a flagging economy. Tourism reporter Tess Brunton has more. Audio
'I want all tourists': Willis looks at visa changes to boost economy
The new growth minister says she "absolutely" wants Chinese visitor numbers back to pre-Covid levels. Audio
Morning Report Essentials for Wednesday 22 January 2025
On today's episode, inflation heading into more manageable territory is good news for the government, in one of his first acts as the 47th President, Donald Trump signed an executive order that he… Audio
Retail spending continues to decline year on year
Retailers are hoping the new Economic Growth portfolio and its Minister, Nicola Willis - who we heard from earlier in the programme - will mean good news for the struggling sector. Reporter Lucy Xia… Audio
Finance Minister Nicola Willis on inflation
Inflation heading into more manageable territory is good news for the government, and Finance Minister Nicola Willis. Willis spoke to Paddy Gower. Audio
Economists predict inflation has slowed
Inflation is likely to have ended 2024 close to the sweet spot of 2 percent as domestic price increases slowing down. Business Editor Gyles Beckford spoke to Alexa Cook. Audio
Property up for sale last year totalled $115b
New Zealanders listed more than $115 billion of residential property for sale last year, and some of them are still waiting to find buyers.
Hopes for December quarter economic growth fading
If there was going to be any economic growth in 2025, it would be coming from "a weak base," BNZ senior economist Doug Steel says.
The big problems ahead for new economic growth minister
A recovering economy is likely to give the new Minister for Economic Growth some momentum through 2025, but there are concerns about the longer-term outlook.
Wellington musicians mourn loss of Homegrown festival
News of the departure of the Homegrown festival has Wellington musicians mourning the loss of a unique gig in their hometown. Bill Hickman has more. Audio
Prices slowly fall but economists warn of uncertain year
Annual inflation is likely to have ended 2024 close to the Reserve Bank's target, as domestic price pressures continue to ease slowly, but economists are warning about an uncertain year ahead.
A hard year but 'calls made over Wellington's demise overstated'
2024 was tough, but "there's more of an energy in the city" now the new year has dawned, owners say.
ANZ reports slight dip in credit card spending
Tourism-related categories and housing-related spending were among sectors seeing the biggest drops.
Grocery prices rose 2.7% during 2024
Butter, milk and olive oil were more expensive while fruit and vegetables were cheaper.
Uncertainty expected to be economic trend for 2025
A new report says Donald Trump's policy agenda will have implications for the world economy, and central banks will tread carefully.
West Coast bucks trend with increase in retail spending
Data from Worldline NZ shows the West Coast is bucking that trend with a 4.2 percent increase in retail spending in December, as people got out and about in the region. Development West Coast chief… Audio
80 percent of mortgages up for renewal in next 12 months
An unusually large number of homeowners will have big decisions to make this year, with 80 percent of mortgages coming up for renewal in the next 12 months. Squirrel chief executive David Cunningham… Audio
Households favour short mortgage terms as interest rates fall
Households are set to make big calls about their mortgages this year, as they weigh up their options amid falling interest rates. Business reporter Anan Zaki has more. Audio
Morning Report Essentials for Tuesday 14th January
On today's episode, consultation is open on a proposed re-write of the Arms Act, a falling New Zealand dollar could see kiwis paying more at the fuel pump, visitors of the beach-side settlement of… Audio
Prices at petrol pump set to get higher
You might soon be paying another 10 cents per litre when you fuel up.
