Wednesday, October 20, 2010
More than half of New Zealand's publicly traded companies have outstanding debts and the number of individual consumers failing to pay their bills has jumped this year, the country's biggest credit bureau said Tuesday.
Tuesday, October 19, 2010
New Zealand's annual inflation rate cooled to a six-and-a-half year low of 1.5 percent in the year to September, official data showed Monday.
Thursday, September 30, 2010
The head of New Zealand's central bank has revealed how Washington's handling of the financial crisis provoked anger among his Asian counterparts while he received a death threat as the global economy unraveled.
Tuesday, September 28, 2010
The governor of New Zealand's central bank on Monday warned the country must carefully manage growing trade relations with China, as Wellington moved to tighten foreign investment rules.
New Zealand's government announced Monday it will place new controls on overseas investors buying large land holdings, reacting to growing public concern that the country is selling too much farm land to foreigners.
Friday, September 24, 2010
New Zealand's economy grew 0.2 percent in the three months to June, official data showed Thursday, falling well short of market expectations.
Friday, September 17, 2010
New Zealand's central bank left the official interest rate on hold at 3.0 percent Thursday, saying the Christchurch earthquake had significantly disrupted economic activity. Reserve Bank of New Zealand Governor Alan Bollard said the 7.0-magnitude quake that hit Christchurch on September 4 was likely to result in a spike in headline inflation.
Friday, August 6, 2010
New Zealand's unemployment rate jumped from 6.0 percent to 6.8 percent during the June quarter, unwinding much of the drop recorded in the previous three months and indicating a period of volatility in the labor market, Statistics New Zealand reported on Thursday.
Thursday, July 22, 2010
New Zealand received more than 2.5 million foreign visitors within 12 months for the first time in the year ending June 30, according to official figures released Wednesday.
Saturday, July 17, 2010
New Zealand's inflation eased in recent months as sharply lower food prices brought the annual rate down to 1.8 percent in the June quarter, official data released Friday showed.