Stories by Gyles Beckford
News
Are we out of the recession yet?
Questions about where the economy is headed come amid weak consumer, manufacturing, and construction activity. Audio
Fears recession here to stay, as job ads fall
The economic headwinds are getting stronger as the jobs market and retail spending weaken.
Loss of momentum in housing market
The property market's recovery is fading as prices start falling in a growing number of places.
More than half of Synlait Milk's suppliers want to quit
Embattled dairy company Synlait Milk has confirmed that more than half of its suppliers want to quit, its earnings outlook has been downgraded, and it's scrapped the sale of an asset.
Tiwai Point aluminium smelter to stay open until 2044
The package includes a long-term fixed price contract for wholesale electricity price.
Government surpluses get further away as economy struggles
The government has been forced to tighten its belt to pay for tax cuts.
The numbers to watch in today's Budget
From tax cuts to debt - these are the figures to keep an eye on as Budget 2024 is released.
ComCom plan would see $15-a-month electricity bill rises
Higher electricity prices are necessary to fund investment in the electricity network, says commissioner Vhari McWha.
Why the Reserve Bank isn't likely to budge on OCR - yet
Analysis - The RBNZ is determined that inflation heads downwards - and stays there - and will be watching the Budget closely too, Gyles Beckford writes.
How New Zealand got through the power supply threat
Analysis - A combination of consumer and business conservation measures and cranked up power stations met demand, Gyles Beckford writes.
The unemployment rate, explained
Unemployment has risen to 4.3 percent, but what does it mean and how is it calculated?
Unemployment rate rises to 4.3%
Fewer jobs are created and immigration is increasing the size of the workforce, Stats NZ says.
Unemployment pegged to rise in sluggish economy
It is set to rise to a three-year high as wage growth eases in a slowing economy.
Reserve Bank holds OCR at 5.5 percent
The Reserve Bank has left the official cash rate unchanged for a sixth consecutive meeting.
Lower interest rates near, Reserve Bank hints
The tide is turning on inflation, and RBNZ governor Adrian Orr says "we're now in a much happier space". Audio
New Zealand is in a recession: What you need to know
What is a recession and what is gross domestic product? RNZ is here to clear it all up.
Commission's axing called 'cruel' and 'thoughtless'
"To hear via a public announcement ... This did not reflect well on those who decided," Productivity Commission chair Ganesh Nana says.
Tax changes needed to boost build-to-rent sector - Kiwi Property
The commercial property developer is urging the government to make tax and investment rule changes to boost build-to-rent developments and help with the shortage of affordable housing.
Consumer spending subdued in last quarter of 2023
Kiwibank economist blames high inflation, interest rates and rising costs for people buying less.
Unemployment nudges up to 4 percent, below expectations
It remains strong enough to keep interest rates high for some time.
RBNZ chief economist dampens talk of interest cuts
Paul Conway explicitly steered away from commenting on how the slower inflation numbers and the surprise contraction in the economy might affect future rate decisions.
Inflation slows to lowest rate in more than two years
The CPI rose 0.5 percent in the December quarter, as rising rents, rates and insurance offset cheaper food and fuel.
Government books show worsening outlook, deficit curbed by immigration
The government says it has started a multi-billion dollar repair job as a new set of forecasts showed a worsening economic outlook and government's financial position in the next few years.
NZ interest rates need to stay high, tax cuts may drive inflation - OECD
The group suggests New Zealand can expect only "modest" growth in the next couple of years.