12+ hour, 31+ min ago   (537+ words) Labour wants to make employer contributions to KiwiSaver compulsory, rising to 6%, extend employer contributions to workers over 65, make the default employee contribution rate at 4%, as well as removing the minimum contribution rate. Labour leader Chris Hipkins is also promising to…...

14+ hour, 42+ min ago   (446+ words) The reason can be found in China’s trade data for August, which shows a whopping 25% year-on-year rise in exports, up from the 23.9% increase recorded in July. Despite similarly strong import growth (from a smaller base), China has delivered another huge…...

2+ day, 18+ hour ago   (645+ words) The current housing market slump may be making it more difficult for existing home owners to move up the property ladder, because it's likely reducing the amount of equity they have to put towards their next home. Interest.co.nz…...

3+ day, 17+ hour ago   (329+ words) China’s huge trade surplus, now running at over US$1 trillion per year, poses important macroeconomic and trade-policy issues, which were recently addressed in a valuable Project Syndicate compendium. But aside from short-term policy choices, it is also vital to understand…...

3+ day, 20+ hour ago   (1180+ words) Here's our summary of key economic events overnight that affect New Zealand, with news both Iran and the US are targeting oil tankers in the Persian Gulf in the sharpest escalation in their conflict since Trump's war began. The oil…...

4+ day, 17+ hour ago   (609+ words) The Nelson Building Society becoming the first non-bank deposit taker to gain access to the Reserve Bank's Exchange Settlement Account System (ESAS) will improve its competitive position against banks, and bolster treasury management options, chief executive Gina Dellabarca says. The…...

4+ day, 20+ hour ago   (568+ words) Here's our summary of key economic events overnight that affect New Zealand, with news inflation is high and rising around the world and central banks are confronting a change in priorities to get it under control. Their slow action is…...

5+ day, 16+ hour ago   (753+ words) There's no doubt residential property is not as popular with investors as it was 10 years ago. You can clearly see that in the first graph below, which tracks Reserve Bank figures showing the number of mortgages approved to residential property…...

6+ day, 15+ hour ago   (809+ words) Interest.co.nz Jonathan Ostry shares new research showing that unpredictability reduces foreign direct investment more than three times as much as tariffs do When US President Donald Trump warned business leaders in Davos last year that tariffs were coming,…...

6+ day, 19+ hour ago   (484+ words) Summary of key points: - It is interesting to observe that the US dollar gains from the stronger jobs increase were quite muted, the USD Dixy Index only marginally improving from 98.80 before the data release to 99.13 afterwards. The NZD/USD exchange…...