Loading...
You are here:  Home  >  Economics
Latest

Keith Rankin’s Chart for this Month: Crisis Postponed

By   /  December 10, 2018  /  24/7 News, AM-NC, Analysis-Reportage, DJF, Economic Intelligence, economic research, Economics, Economy, Editor's Picks, Evening Report, Global, Global Economy, KB, KB, Keith Rankin, Keith Rankin Chart Analysis, Lead, MIL NZ OSI, World Economic Outlook, World Economy  /  Comments Off on Keith Rankin’s Chart for this Month: Crisis Postponed

Chart for this Month: Crisis Postponed By Keith Rankin Another financial crisis coming? Graphic by Keith Rankin. There will almost certainly be another major financial crisis, just like there will be another big earthquake (or, as the Australians would instead say, another big bushfire). We can do much to improve our monitoring of systemic stresses, […]

Read More →
Latest

Home building in Auckland lifts construction activity – Stats NZ Information Release: Value of building work put in place: September 2018 quarter

By   /  December 5, 2018  /  24-7, 24/7 News, AM-NC, Building Consents, Construction Statistics, DJF, Economic Statistics, Economics, Household Sector, Houses, Housing, Housing Sector, KB, MIL NZ OSI, MIL OSI, MIL-Submissions, New Home Consents, New Zealand, Property Prices, Property Statistics, Property Values, Real Estate, Statistics  /  Comments Off on Home building in Auckland lifts construction activity – Stats NZ Information Release: Value of building work put in place: September 2018 quarter

Source: MIL-OSI Submissions Home building in Auckland lifts construction activity – 5 December 2018 Home building in Auckland drove an increase in the overall volume of building activity in New Zealand in the September 2018 quarter, Stats NZ said today. Nationally, the volume of building work increased a seasonally adjusted 0.7 percent from the June 2018 […]

Read More →
Latest

Two-way trade tops $160 billion for the first time – Stats NZ Information Release: Goods and services trade by country: Year ended September 2018

By   /  December 5, 2018  /  24-7, 24/7 News, AM-NC, China, China-New Zealand FTA, DJF, Economic Statistics, Economics, Export Statistics, exports, Free Trade Agreement, FTA, Import Statistics, Imports of Capital Goods, KB, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Statistics, Terms of Trade, Trade, Trade Statistics, Trade Weighted Index, TWI, Two Way Trade, Wholesale Trade Statistics  /  Comments Off on Two-way trade tops $160 billion for the first time – Stats NZ Information Release: Goods and services trade by country: Year ended September 2018

Source: MIL-OSI Submissions Two-way trade tops $160 billion for the first time – 4 December 2018 Increased exports and imports helped push New Zealand’s two-way trade of goods and services to $160.7 billion for the year ended September 2018, up $16.7 billion from the year ended September 2017, Stats NZ said today. Two-way trade, which measures […]

Read More →
Latest

Auckland home consents hit 13,000 – Stats NZ Information Release: Building consents issued: October 2018

By   /  December 5, 2018  /  24-7, 24/7 News, Accommodation, AM-NC, Building Consents, DJF, Economic Statistics, Economics, Household Sector, Houses, Housing, Housing Sector, KB, MIL NZ OSI, MIL OSI, MIL-Submissions, New Home Consents, New Zealand, Property Prices, Property Statistics, Property Values, Real Estate, Statistics  /  Comments Off on Auckland home consents hit 13,000 – Stats NZ Information Release: Building consents issued: October 2018

Source: MIL-OSI Submissions Auckland home consents hit 13,000 – 30 November 2018 More than 13,000 new homes were consented in Auckland in a year for the first time since the 1970s, Stats NZ said today. A total of 13,078 new homes were consented in the region in the year ended October 2018 – up 25 percent […]

Read More →
Latest

Construction and accommodation cement employment growth – Stats NZ Media and NZ.Stat tables Release: Linked employer-employee data: March 2017 year

By   /  November 29, 2018  /  24-7, 24/7 News, AM-NC, Auckland City, Business, Construction Statistics, Data Analysis, DJF, Economic Statistics, Economics, Employment, Employment Statistics, Fulltime Work, Income, jobs, KB, Labour Force, Labour Market Statistics, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Part-Time Work, Statistics, Under-Employment, Unemployment, Working Age Population  /  Comments Off on Construction and accommodation cement employment growth – Stats NZ Media and NZ.Stat tables Release: Linked employer-employee data: March 2017 year

Source: MIL-OSI Submissions Construction and accommodation cement employment growth – 28 November 2018 Construction in Auckland has led employment growth in the region, Stats NZ said today. Construction employed 8,000 more people in the year ended March 2017 than in the previous year. “New analysis from the annual release of linked employer-employee data (LEED), enhanced by self-employment […]

Read More →
Latest

Monthly goods imports from China rise a record $430 million – Stats NZ Information Release: Overseas merchandise trade: October 2018

By   /  November 27, 2018  /  24-7, 24/7 News, AM-NC, Asia Pacific, China, China-New Zealand FTA, Commodity Exports, Consumer Goods Statistics, Consumer News, Dairy Sector, DJF, Economic Statistics, Economics, Export Statistics, exports, farming, Forestry Sector, Free Trade Agreement, FTA, Horticulture Exports, Import Statistics, Imports of Capital Goods, Information and Communication Technology, Information Technology, Internet Technology, KB, Lamb Exports, Manufacturing Statistics, Meat and Dairy Statistics, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Pacific,, Peoples Republic of China, Polynesia, Produce Statistics, Producer Output Prices, Retail Spending, Sales Values, Statistics, Technology Sector, Telecommunications, Trade, Trade Deficit, Trade Statistics, Two Way Trade, Vegetables, Wholesale Trade Statistics  /  Comments Off on Monthly goods imports from China rise a record $430 million – Stats NZ Information Release: Overseas merchandise trade: October 2018

Source: MIL-OSI Submissions Monthly goods imports from China rise a record $430 million – 27 November 2018 Goods imports from China were up $430 million, reaching $1.5 billion in October 2018, Stats NZ said today. This is the largest dollar value increase for monthly Chinese imports on record. China is New Zealand’s largest trading partner. It […]

Read More →
Latest

Monthly imports top $6 billion for first time – Stats NZ Information Release: Overseas merchandise trade: October 2018

By   /  November 27, 2018  /  24-7, 24/7 News, AM-NC, Asia Pacific, China, China-New Zealand FTA, Consumer News, Crude, Crude Oil Statistics, DJF, Economic Statistics, Economics, Free Trade Agreement, FTA, Import Statistics, Imports of Capital Goods, KB, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Oil Prices, Pacific,, Peoples Republic of China, Petroleum, Polynesia, Statistics, Trade, Trade Statistics, Two Way Trade  /  Comments Off on Monthly imports top $6 billion for first time – Stats NZ Information Release: Overseas merchandise trade: October 2018

Source: MIL-OSI Submissions Monthly imports top $6 billion for first time – 27 November 2018 Monthly imports hit a record $6.2 billion in October 2018, Stats NZ said today. This is the first time imports have hit $6 billion. The previous high was in September 2018. “The value of goods imports has been at a generally […]

Read More →
Latest

New Zealanders take more overseas trips than ever before – Stats NZ Media and Information Release: International travel and migration: October 2018

By   /  November 22, 2018  /  24-7, 24/7 News, AM-NC, DJF, Economic Statistics, Economics, Holiday Makers, Holidays, KB, Migration Rates, Migration Statistics, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Statistics, Tourism, Tourism Statistics, Travel  /  Comments Off on New Zealanders take more overseas trips than ever before – Stats NZ Media and Information Release: International travel and migration: October 2018

Source: MIL-OSI Submissions New Zealanders take more overseas trips than ever before – 22 November 2018 Over 3 million New Zealand residents arrived back from overseas trips in the year ended October 2018, Stats NZ said today. This was up 175,100 from the October 2017 year. More and more Kiwis have been taking overseas trips in […]

Read More →
Latest

Net migration is lowest since 2015 – Stats NZ Media and Information Release: International travel and migration: October 2018

By   /  November 22, 2018  /  24-7, 24/7 News, AM-NC, Demographics, DJF, Economic Statistics, Economics, Immigration Impact, KB, Migration Rates, Migration Statistics, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Statistics, Tourism, Tourism Statistics, Travel, Visitor Arrivals  /  Comments Off on Net migration is lowest since 2015 – Stats NZ Media and Information Release: International travel and migration: October 2018

Source: MIL-OSI Submissions Net migration is lowest since 2015 – 22 November 2018 Annual net migration has eased to its lowest level in three years, Stats NZ said today. For the year ended October 2018, it fell to 61,800. Net migration for the October 2018 month was 6,700, down 1,000 from October 2017. Overall, net migration […]

Read More →
Latest

Fuel drives up transport costs – Stats NZ Media and Information Release: Business price indexes: September 2018 quarter

By   /  November 22, 2018  /  24-7, 24/7 News, AM-NC, Business, Consumer News, Crude, Crude Oil Statistics, DJF, Economic Statistics, Economics, Import Statistics, KB, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Oil Prices, Petroleum  /  Comments Off on Fuel drives up transport costs – Stats NZ Media and Information Release: Business price indexes: September 2018 quarter

Source: MIL-OSI Submissions Fuel drives up transport costs – 19 November 2018 The prices that businesses pay for petrol and diesel rose 6.9 percent and 7.0 percent, respectively, in the September 2018 quarter, Stats NZ said today. This made the latest quarter the fourth in a row with rising fuel costs. Other petroleum products such as […]

Read More →
Latest

Dairy farmers face squeeze – Stats NZ Media and Information Release: Business price indexes: September 2018 quarter

By   /  November 22, 2018  /  24-7, 24/7 News, Agriculture, Agriculture Exports, Agriculture Statistics, AM-NC, Commodity Exports, Dairy Cattle Statistics, Dairy Sector, DJF, Economic Statistics, Economics, Export Statistics, exports, farming, KB, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Statistics, Trade, Trade Statistics  /  Comments Off on Dairy farmers face squeeze – Stats NZ Media and Information Release: Business price indexes: September 2018 quarter

Source: MIL-OSI Submissions Dairy farmers face squeeze – 19 November 2018 Dairy farmers are getting a lower payout for milk but their costs are rising for goods and services like feed, fuel, and freight, Stats NZ said today. The prices received by dairy farmers fell (4.8 percent) in the September 2018 quarter, due to a lower […]

Read More →
Latest

Former PM Sir Mekere blasts ‘lavish staging’ and ‘ridicule’ of APEC

By   /  November 20, 2018  /  24/7 News, AM-NC, Analysis-Reportage, APEC, APEC 2018, APR, Asia Pacific, Asia Pacific Economic Cooperation, Asia Pacific Report, Corruption, Diplomacy, DJF, Economics, Evening Report, Featured, KB, KB, MIL NZ OSI, MIL OSI, Multimedia, Pacific Media Centre, Pacific Region, Pacific Report, Papua New Guinea, Peter O'Neill, PMC Reportage, Polio, Politics, protest, Reports, Sir Mekere Morauta, Winston Peters  /  Comments Off on Former PM Sir Mekere blasts ‘lavish staging’ and ‘ridicule’ of APEC

NZ Foreign Minister Winston Peters announces a K22 million (NZ$10 million) aid project to help polio vaccination for Papua New Guineans at the St John Ambulance Operations Centre in Port Moresby. Video: EMTV News Pacific Media Centre Newsdesk A former prime minister has accused Papua New Guinea’s current leader Peter O’Neill of exposing the country […]

Read More →
Latest

Chinese officials kick out EMTV, foreign media from APEC events – allow Beijing state media

By   /  November 17, 2018  /  24/7 News, AM-NC, Analysis-Reportage, APEC, APEC 2018, APR, Asia Pacific, Asia Pacific Report, China, Development, DJF, Economics, EMTV, Evening Report, Featured, Geopolitics, Human Rights, KB, KB, Media, MIL NZ OSI, MIL OSI, Opinion, Pacific Media Centre, Pacific Region, Pacific Report, Papua New Guinea, PMC Reportage, Politics, Reports, scott waide, Trade, United States  /  Comments Off on Chinese officials kick out EMTV, foreign media from APEC events – allow Beijing state media

Some critics say that China’s latest behaviour toward foreign journalists casts doubt over its vow to treat neighbours with “respect”. Image: Natalie Whiting/ABC News/My Land, My Country By Scott Waide Papua New Guinea’s freedoms of speech, expression and access to information were challenged yesterday when Chinese officials barred both local and non-Chinese media from attending meetings at three Asia-Pacific […]

Read More →
Latest

Scott Waide: How China is several moves ahead in Port Moresby

By   /  November 17, 2018  /  24/7 News, AM-NC, Analysis-Reportage, APEC, APEC 2018, APR, Asia Pacific, Asia Pacific Report, China, Development, DJF, Economics, EMTV, Evening Report, Featured, Geopolitics, KB, KB, Media, MIL NZ OSI, MIL OSI, Opinion, Pacific Media Centre, Pacific Region, Pacific Report, Papua New Guinea, PMC Reportage, Politics, Reports, scott waide, Trade, US  /  Comments Off on Scott Waide: How China is several moves ahead in Port Moresby

Chinese President Xi Jinping (left) and Prime Minister of PNG Peter O’Neill shaking hands. Image: Solomon Kantha/My Land My Country COMMENTARY: By Scott Waide In November every year, the Papua New Guinean National budget usually takes centre stage. But not this year. This week, the 2019 budget came two days before the start of the biggest […]

Read More →
Latest

Chinese president bound for PNG as controversy mounts over APEC 2018

By   /  November 16, 2018  /  24/7 News, AM-NC, Analysis-Reportage, APEC, APEC 2018, APR, Asia Pacific, Asia Pacific Economic Cooperation, Asia Pacific Report, Development, DJF, Economics, Evening Report, Featured, KB, KB, MIL NZ OSI, MIL OSI, Pacific Media Centre, Pacific Region, Pacific Report, Papua New Guinea, PMC Reportage, Politics, Reports, Security  /  Comments Off on Chinese president bound for PNG as controversy mounts over APEC 2018

APEC officials prepare to welcome foreign delegates from 23 countries. Image: Apec.org Pacific Media Centre Newsdesk Chinese President Xi Jinping left Beijing today for state visits to Papua New Guinea, Brunei and the Philippines – and the Asia-Pacific Economic Cooperation (APEC) leaders summit in Port Moresby. During Xi’s stay in Papua New Guinea, he will […]

Read More →
Latest

Record lamb chop prices as BBQ season nears – Stats NZ Media and Information Release: Food price index: October 2018

By   /  November 14, 2018  /  24-7, 24/7 News, Agriculture, Agriculture Exports, Agriculture Statistics, AM-NC, Beef Exports, Consumer Goods Statistics, Consumer News, Dairy Cattle Statistics, Dairy Sector, DJF, Economic Statistics, Economics, Food Price Index, KB, Lamb Exports, Meat and Dairy Statistics, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Retail Spending, Statistics  /  Comments Off on Record lamb chop prices as BBQ season nears – Stats NZ Media and Information Release: Food price index: October 2018

Source: MIL-OSI Submissions Record lamb chop prices as BBQ season nears – 13 November 2018 The price of lamb chops reached a record high in October, Stats NZ said today. Lamb chop prices were up 7.7 percent from September, reaching $17.12 a kilogram, while the cost of sausages was also up, by 4.9 percent to $10.30 […]

Read More →
Latest

Marshall Islands president narrowly survives no-confidence vote

By   /  November 13, 2018  /  24/7 News, AM-NC, Analysis-Reportage, APR, Asia Pacific, Asia Pacific Report, Digital currencies, DJF, Economics, Evening Report, Hilda Heine, KB, KB, Marshall Islands, MIL NZ OSI, MIL OSI, Nitijela, No-confidence motion, Pacific Media Centre, Pacific Region, Pacific Report, Parliament, PMC Reportage, Politics, Reports, RNZ Pacific  /  Comments Off on Marshall Islands president narrowly survives no-confidence vote

Marshall Islands President Dr Hilda Heine … survived challenge to her government’s policies. Image: SPC By Giff Johnson in Majuro for RNZ Pacific Marshall Islands President Hilda Heine has survived a vote of no confidence with parliament, the Nitijela, split evenly 16-16 The movers of the motion needed 17 votes to topple Dr Heine. The vote […]

Read More →
Latest

New Zealand Unemployment rate falls to 3.9 percent – Stats NZ Labour market statistics: September 2018 quarter

By   /  November 7, 2018  /  24-7, 24/7 News, AM-NC, Data Analysis, Demographics, DJF, Economic Statistics, Economics, Education, Employment, Employment Statistics, Fulltime Work, Income, KB, Labour Force, MIL NZ OSI, MIL OSI, MIL-Submissions, New Zealand, Part-Time Work, Statistics, Tertiary Sector, Under-Employment, Unemployment, Women Employment Statistics, Working Age Population  /  Comments Off on New Zealand Unemployment rate falls to 3.9 percent – Stats NZ Labour market statistics: September 2018 quarter

Source: MIL-OSI Submissions New Zealand Unemployment rate falls to 3.9 percent – 7 November 2018 The seasonally adjusted unemployment rate fell to 3.9 percent in the September 2018 quarter, Stats NZ said today. This is down from 4.4 percent last quarter and is the lowest unemployment rate since the June 2008 quarter, when it was 3.8 […]

Read More →