Almost four million international visitors came to New Zealand in both 2018 and 2019, but COVID-19 has caused the number to collapse to less than one million.
The 4.9 percent unemployment rate recorded in the December 2020 quarter unemployment rate was lower than expected and employment optimism is improving.
Higher demand for New Zealand Kiwifruit, honey and wine, help them buck the trend as annual merchandise export values decline through the last three quarters of 2020.
GDP bounced back from its largest quarterly decline in June to record its largest increase in September. However, the effects of COVID could last longer than the virus.
A given sum in a Kiwisaver growth fund can grow to more than the same sum in a conservative fund. But the right provider can be as important as the right type of fund.
Latest Treasury forecasts show improving Government accounts expected. Stronger economic recovery pushes up expected tax take and jobless projections pushed down.
The Government’s better-than-expected financial situation provides the opportunity to address our pressing challenges in a more concerted – go hard, go fast – manner.
Not all New Zealanders earn enough income to cover their everyday costs. Which groups do not have enough income? And what can be done to provide them with enough income?
Labour set to get at least one more seat after specials are counted, resulting in final standings in next Parliament: Labour 65, National 34, Greens 10, ACT 10, Māori 1.
By the end of 2020, the RBNZ intends to create an expanded Funding for Lending Programme to provide low-cost funding for banks to lend to households and businesses.
The RBNZ is preparing for a long haul. It would do well for all businesses, organisations, family, whānau, iwi, and communities to similarly prepare for such a long haul.
The unemployment rate fell to 4.0 percent in the June quarter, but this figure can be dismissed as disguising the true state of the labour market and the wider economy.
Investing in the suggested projects, in a way that honours Te Tiriti o Waitangi, would support or create jobs, communities, businesses, and markets....