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New Zealand Economy News. Service for global professionals. Constantly updated news and information about New Zealand.
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Latest New Zealand Economy News

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  • FOREX-Dollar off 15-month low, sterling under pressure 12 Nov 2009 02:35 GMT
    ... High-yielding currencies such as the Australian and New Zealand dollars slipped from recent highs but remained ... after the release of the bank's quarterly Inflation Report, which showed UK inflation would be ... 10,000 jobs were shed in October, with unemployment edging up to 5.8 percent from 5.7 ...

  • Australian Market Trades Firm On Wall Street Cues, Higher Commodity Prices 12 Nov 2009 02:34 GMT
    ... Australian Bureau of Statistics revealed that Australia's unemployment rate was a seasonally adjusted 5.8% in ... million. In another news, consumer expectations of inflation have fallen after remaining flat for the ... other markets in the Asia-Pacific region, Japan, New Zealand, Korea and Taiwan are trading higher, while ...

  • Dollar off 15-month low, sterling under pressure 12 Nov 2009 00:13 GMT
    ... High-yielding currencies such as the Australian and New Zealand dollars slipped from recent highs but remained ... after the release of the bank's quarterly Inflation Report, which showed UK inflation would be ... 10,000 jobs were shed in October, with unemployment edging up to 5.8 percent from 5.7 ...

  • UPDATE 2-NZ Q3 retail sales subdued, backing low rates 12 Nov 2009 01:05 GMT
    ... WELLINGTON, Nov 12 (Reuters) - New Zealand retail sales rose slightly in the third quarter as the economy emerged slowly from recession, backing views that the ... said some of the survey's indicators, notably employment, pointed to how fragile the recovery will ...

  • NZ Q3 retail sales subdued, backing low rates 12 Nov 2009 02:52 GMT
    ... by the data WELLINGTON, Nov 12 - New Zealand retail sales rose slightly in the third quarter as the economy emerged slowly from recession, backing views that the ... said some of the survey's indicators, notably employment, pointed to how fragile the recovery will ...

  • Australia warns of withdrawing stimulus too early, sees challenges 12 Nov 2009 03:32 GMT
    ... in private demand and challenges like rising unemployment lying ahead. "We have to maintain stimulus ... further increase of about 100,000 people. "Our economy is growing," Swan said, "but we do ... China, Indonesia, Hong Kong, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Philippines, Singapore, South Korea, ...

  • Re-energizing America's role in trade talks 12 Nov 2009 01:02 GMT
    ... caused extensive job losses and weakened the economy, the U.S. is reviewing policy. The pace ... full effect in January. With a combined GDP of $6 trillion and a merchandise trade ... original agreement was signed by Brunei, Chile, New Zealand and Singapore in 2005. In September 2008, ...

  • Consumers subdued ahead of Xmas 12 Nov 2009 02:18 GMT
    ... months ended Sept. 30 according to Statistics New Zealand's Retail Trade Survey, slower than the value ... zero growth, while values increased 0.5 percent. Inflation was 1.3 percent in the quarter. Core ... sentiment about the current state of the economy, although surveys show consumers are more optimistic ...

  • NZ manufacturing expansion slows in October - survey 12 Nov 2009 02:18 GMT
    ... WELLINGTON, Nov 12 - Growth in New Zealand's manufacturing sector eased in October, a survey ... said some of the survey's indicators, notably employment, pointed to how brittle the recovery will ... lingering effects of the recession saw the economy shed 17,000 jobs. The New Zealand economy grew ...

  • Jobless rate up 12 Nov 2009 01:51 GMT
    ... Australia’s unemployment rate rose to 5.8 per cent in ... in turning around unemployed people, particularly a New Zealand program which assists up to 40 ...

  • FOREX-Dlr near lows, Aussie hits 15-mth high after data 12 Nov 2009 03:30 GMT
    ... High-yielding currencies such as the Australian and New Zealand dollars were also buoyed by firm commodity ... Aussie surged after stronger than expected Australian employment data for October, fuelling bets for another ... after the release of the bank's quarterly Inflation Report, which showed UK inflation would be ...

  • Dollar near lows, Aussie hits 15-month high after data 12 Nov 2009 03:32 GMT
    ... High-yielding currencies such as the Australian and New Zealand dollars were also buoyed by firm commodity ... Aussie surged after stronger than expected Australian employment data for October, fuelling bets for another ... after the release of the bank's quarterly Inflation Report, which showed UK inflation would be ...

  • Speech: Peters - Integration or Disintegration? 12 Nov 2009 01:01 GMT
    ... identity out of two very different cultures. New Zealand has a proud record – a ... of a recession – with over 150,000 unemployed - sanity would say put the brakes ...

  • Asian Shares Modestly Higher; Australia Jobs Boost Sentiment 12 Nov 2009 01:22 GMT
    ... Australia's S&P/ASX 200 was 0.5% higher, and New Zealand's NZX-50 was up 0.4%. The start ... earnings remained ahead of budget. Australia's October employment data gave a boost to the Australian ... at its Dec. 1 policy meeting. Australia's unemployment rate rose to a seasonally adjusted 5.8% ...

  • Aust stocks rise 0.8% on Wall St 12 Nov 2009 02:18 GMT
    ... gained 0.73 per cent, at 4,800.80. Australian employment again surprised with its strength in October, while unemployment ticked up only slightly, adding to the ... in the United States, United Kingdom and New Zealand. Supermarket giant Woolworths picked up 0.46 ...


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