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Kalkine
Kalkine Media providing the latest business news & updates
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Kalkine - Latest News [Page 1]
Where Is The NZ Economy Headed In The New Year?
Thursday, 22 December 2022, 7:40 pm | Kalkine
Summary Amid recession concerns, a series of new factors have shaped up that have clouded the estimated strength of the NZ economy in 2023. The economy has remained buoyant in the September quarter, with GDP rising by 2%. Higher migration, a less ... More >>
How Can The NZ Economy Stay Afloat Amid A Global Recession Spell?
Friday, 9 December 2022, 8:34 pm | Kalkine
Summary Global recession fears and rapidly increasing interest rates have spurred speculations of a slowing economy in NZ. The RBNZ raised the cash rate to 3.5% in October, with a revision to the rate expected on November 23rd, 2022. Booming tourism ... More >>
How Can The NZ Economy Stay Afloat Amid A Global Recession Spell?
Wednesday, 23 November 2022, 5:21 am | Kalkine
Summary Global recession fears and rapidly increasing interest rates have spurred speculations of a slowing economy in NZ. The RBNZ raised the cash rate to 3.5% in October, with a revision to the rate expected on November 23rd, 2022. Booming ... More >>
Deciphering NZ Economy Is Anything But Easy At The Moment
Saturday, 12 November 2022, 4:52 am | Kalkine
Highlights Low joblessness, robust wage growth, and the economy having reentered the growth phase are positive signs Cost of living, on the other hand, is a big worry and has become a socio-political concern in New Zealand Interest rate hikes haven’t ... More >>
Job And Wage Growth And A Drop In Headline Inflation Can Boost New Zealand’s Housing Sector
Saturday, 8 October 2022, 5:41 am | Kalkine
Highlights CoreLogic’s house price index shows that the average price of houses has now dropped below the psychologically significant NZ$1 million mark. The central bank of the country has not yet given up on its hawkish stance, making mortgages ... More >>
Economic Indicators Show NZ Economy Not Close To Deep Downturn
Tuesday, 13 September 2022, 5:38 pm | Kalkine
Highlights The global economy was reeling under a high unemployment rate during the economic downturn in the late 2000s In the present scene, joblessness in New Zealand is at record low levels Wage growth is also said to be defying negative sentiments ... More >>
For Kiwis, Respite From Rate Hikes Unlikely Soon Amid Worker Shortage
Wednesday, 7 September 2022, 5:17 am | Kalkine
Highlights With inflationary pressures, most central banks, including the Reserve Bank of New Zealand (RBNZ), are on a rate hiking spree. Wage inflation is at a record-high level, unemployment is low, and the industry is not finding enough workers. Higher ... More >>
Can The Fall In NZ House Prices Stoke Demand?
Thursday, 1 September 2022, 7:39 pm | Kalkine
Highlights The New Zealand economy has witnessed negative growth in the first quarter, but the central bank is keen on raising rates. The housing market is now not as hot as it was last year, but this price affordability is marred by rising costs of a ... More >>
Do The Rich Remain Unfazed By Inflation?
Wednesday, 10 August 2022, 6:13 am | Kalkine
Summary Inflation is at its peak in New Zealand and elsewhere and respective central banks have adopted measures to control it. The world’s richest 500 people have lost so much wealth in H12022 that it dwarfs even the annual GDP of New Zealand. ... More >>
Will Govt Cash Support Be Counterproductive To RBNZ’s Monetary Policy Tightening?
Saturday, 6 August 2022, 5:28 am | Kalkine
Summary The Reserve Bank of New Zealand has resorted to monetary policy tightening to suck excess liquidity in its fight against inflation. But the government is providing cash support to households in the wake of the rising cost of living. The two forces ... More >>
Is A Slowdown In Inflation Underway For The NZ Economy?
Tuesday, 2 August 2022, 7:02 pm | Kalkine
Summary Inflation has reached unpalatable levels in New Zealand, accelerating at a high-than-expected pace of 7.3% over the second quarter. Lower household savings and a slowing housing market could contribute to a slowdown in inflation. A rebound ... More >>
Are Inflation And Unemployment Statistics In NZ Reflecting Ground Reality?
Tuesday, 2 August 2022, 7:01 pm | Kalkine
Summary Higher inflation and interest rate hikes have mostly been shaping the NZ economy in the present context. Research suggests that the central bank’s monetary policy might have been one of the causal factors behind the inflation surge. The ... More >>
Why NZ Housing Market May Send A Warning Signal To Other Economies
Wednesday, 27 July 2022, 6:25 am | Kalkine
Summary The New Zealand housing market has shown signs of a rapid decline, with prices falling by 2.3% in the three months through June. Economists across the globe fear that the New Zealand housing market might foreshadow what they could experience ... More >>
Does New Zealand's Inflation Surge Hint At Bigger Rate Hikes In Future?
Saturday, 23 July 2022, 7:07 am | Kalkine
Summary The inflation rate in New Zealand reached an eye-watering level of 7.3% in the second quarter. Inflation has turned economic progress upside down. Experts predict interest rate hike as high as 75 basis points, leading to an OCR ... More >>
3-decade High Inflation: Is NZ's Economy Really In Bad Shape
Wednesday, 20 July 2022, 6:40 am | Kalkine
Summary Annual inflation in New Zealand reached an eye-watering level of 7.3% in the quarter ending 30 June 2022. Wages may rise as businesses struggle to keep staff in place at a time when the labour market is extremely tight. Interest rate ... More >>
Can RBNZ Ensure 'soft Landing' Despite Aggressive Rate Hikes?
Friday, 15 July 2022, 3:40 pm | Kalkine
The Reserve Bank of New Zealand (RBNZ) has been on an aggressive policy tightening road, leaving many sceptical of the economy's growth trajectory over the coming months. Despite the central bank's solid confidence in its rate hike policy, consumer and ... More >>
Can New Zealand Avoid A Recession?
Tuesday, 12 July 2022, 3:54 pm | Kalkine
Highlights The US has been the hub of recessionary talks as inflation in the country has reached unprecedented levels. Global headwinds have travelled from Ukraine and the US to the New Zealand economy. Rising interest rates also lead to a halt in economic ... More >>
Can New Zealand Avoid A Recession?
Tuesday, 12 July 2022, 3:47 pm | Kalkine
Talks of a recession have been incessant as worrying global factors have emerged in the backdrop of post-pandemic recovery. Central banks across the globe have been on a rate hike spree to bring down inflation caused by supply chain issues and post-pandemic ... More >>
Five Ways RBNZ’s Rate Hike Decisions Impact You
Thursday, 7 July 2022, 3:11 pm | Kalkine
Central banks across the globe have been on an interest rate hike spree, with the Reserve Bank of New Zealand (RBNZ) being one of the frontrunners in the game. With inflation and cost of living pressures surging in the backdrop, interest rate hike ... More >>
Why Are NZ Banks Turning Cautious On Interest-only Mortgages?
Friday, 1 July 2022, 2:21 pm | Kalkine
The New Zealand economy has been marked by rising interest rates and increasing inflation. In these strenuous times, mortgage holders have faced the toughest challenge of managing household expenses. Considering rising inflation, banks have also changed their lending ... More >>
