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Kalkine
Kalkine Media providing the latest business news & updates
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Kalkine - Latest News [Page 2]
Interest Rate Hikes Could Tip US Into Recession; Will New Zealand Follow?
Tuesday, 28 June 2022, 6:19 am | Kalkine
Highlights Recession fears have surmounted in the US as inflationary concerns rage in the backdrop. The New Zealand economy seems to be at risk of a slowdown as the US economic growth stalls. The low unemployment rate, low debt and increasing wages ... More >>
Three Factors Reflecting Strength Of The New Zealand Labour Market
Thursday, 23 June 2022, 5:08 pm | Kalkine
Summary The New Zealand economy has faced several obstacles since the onset of the COVID-19 pandemic. While the economy contracted in the March 2022 quarter, the labour market’s strength has fuelled hopes of an economic revival. The labour market strength ... More >>
What’s In Store For New Zealand Economy In 2022 And Beyond?
Friday, 17 June 2022, 5:47 pm | Kalkine
Summary The New Zealand economy contracted by 0.2% in the March 2022 quarter. Global macroeconomic factors have clouded the growth outlook for NZ, with inflation and interest rate hikes making the situation more challenging. Experts believe that strong ... More >>
NZ House Prices On The Decline: Why Buyers Are Wary Of Overpaying?
Tuesday, 14 June 2022, 4:11 pm | Kalkine
New Zealand’s property market has been a source of major uncertainty in the recent past, with housing activity showing rapid changes. After thriving for close to two years during the pandemic, the property market is now experiencing a slowdown. Buyers ... More >>
New Zealand Economy Shows Signs Of Recovery; Should Kiwis Rejoice?
Tuesday, 7 June 2022, 3:10 pm | Kalkine
As New Zealand enters the middle of 2022, there is a stark contrast in its economic state compared to a year ago. Rising virus cases and pandemic-induced worries, which were prevalent in the country last year, are no longer the primary concern in New ... More >>
How Are Mortgage Market Dynamics Taking Shape In New Zealand?
Wednesday, 1 June 2022, 6:31 pm | Kalkine
Summary In May, the RBNZ conducted its fifth interest rate hike, taking the official cash rate to 2%. The central bank expects the interest rate to reach a peak of 3.9% by June 2023. Rising rates have been passed on to consumers, with many facing financial ... More >>
Is The New Zealand Economy Heading Into A Recession?
Monday, 30 May 2022, 3:01 pm | Kalkine
Summary The New Zealand economy is facing recessionary fears as demand dampens against rising price pressures. The pandemic has fundamentally re-shaped the global supply-chain mechanism, with most countries developing resilient domestic ecosystems. Rising interest ... More >>
Is The New Zealand Property Market Affordable For All?
Wednesday, 25 May 2022, 2:53 pm | Kalkine
Summary The affordability crisis in the property market seems to have worsened for Kiwi home buyers. Building consents rose above the 50,000-mark in the 12 months leading up to March 2020. The increased leverage gained by buyers has not equally seeped ... More >>
Three Factors Making New Zealand’s Return To Normalcy Slower
Monday, 2 May 2022, 5:27 pm | Kalkine
Summary A range of market forces is disrupting New Zealand’s path to economic recovery. Inflation has increased cost-of-living pressures in the country, making economic disparity wider among the wealthier and low-income sections. The tourism ... More >>
What Are NZ Policymakers Doing To Curb High Inflation?
Thursday, 28 April 2022, 6:36 pm | Kalkine
Summary The Russia-Ukraine war has escalated the ongoing inflation problem by disrupting the global supply-chain ecosystem. The latest cash rate hike by the New Zealand central bank was the steepest among all, with a jump of 50 basis points. The government has ... More >>
Why Is Brain Drain Phenomenon Making Headlines In New Zealand?
Friday, 22 April 2022, 3:23 pm | Kalkine
Though the brain drain phenomenon is not new to New Zealanders, it has once again made headlines in the country as young Kiwis are jetting off overseas. The term brain drain is used to define those individuals who wish to leave the country, appalled ... More >>
How Are Inflation Expectations Shaping Up In New Zealand?
Wednesday, 20 April 2022, 6:10 pm | Kalkine
Summary A range of global market forces has lifted inflation expectations in New Zealand. The RBNZ has embraced aggressive monetary policy tightening by raising the cash rate by 50 basis points. The central bank intends to maintain low and stable ... More >>
Is New Zealand Returning To Its Pre-Pandemic Settings?
Friday, 15 April 2022, 5:50 am | Kalkine
Summary New Zealand appears to be gradually returning to normalcy post the COVID-19 outbreak. The Reserve Bank of New Zealand recently conducted its fourth rate hike, taking the official cash rate to 1.50%. Reopening of international borders and easing ... More >>
Three Sectors Shining In The New Zealand Economy
Tuesday, 12 April 2022, 4:44 pm | Kalkine
Highlights Technology-based businesses seem to be shaping a better future for New Zealanders. It remains to be seen how well the latest trade initiatives with Vietnam and UAE will help New Zealand strengthen its agriculture sector. A further boost ... More >>
Is The Property Market Boom Over In New Zealand?
Friday, 8 April 2022, 5:41 am | Kalkine
Summary Property prices seem to be taking a breather in New Zealand following a massive boom during the pandemic. The CoreLogic report suggests that property values have declined in Wellington and Hamilton. Interested homebuyers seem to be waiting ... More >>
What To Expect Next From NZ Interest Rates?
Tuesday, 5 April 2022, 4:41 pm | Kalkine
Summary The Russia-Ukraine war has aggravated inflationary pressures for households and worsened supply-side disruptions. Interest rate rises could mean further uncertainty for households, especially for those with high debt levels. The fear of missing out ... More >>
What's The Buzz Around NZ's Rental Crisis?
Friday, 1 April 2022, 6:01 pm | Kalkine
Summary The demand for rental housing has increased considerably in New Zealand due to sky-high property prices. Many residents have been living under emergency housing after the sale of their rental homes. There is a need for tenant-friendly ... More >>
What's The Buzz Around NZ's Rental Crisis?
Friday, 1 April 2022, 6:00 pm | Kalkine
Summary The demand for rental housing has increased considerably in New Zealand due to sky-high property prices. Many residents have been living under emergency housing after the sale of their rental homes. There is a need for tenant-friendly ... More >>
How Is The Mortgage Lending Scenario Shifting In New Zealand?
Tuesday, 29 March 2022, 6:58 pm | Kalkine
Highlights The NZ housing sector has observed high volatility due to rising interest rates. The amount of mortgage lending has decreased over the past few months, signalling a slowdown in housing demand. Any further interest rate hikes could lower housing ... More >>
Is The New Zealand Economy Staring At Stagflation?
Thursday, 24 March 2022, 6:18 am | Kalkine
Highlights Speculations are rife that the NZ economy might be facing stagflation amidst slow economic growth and elevated inflation. The current oil price shock stemming from the Russia-Ukraine war has prompted experts to believe that stagflation is underway. ... More >>
