Economy

Latest Stories

Impact of the baby boomer retirement wave

Praneeta Mahajan Hamilton, March 21, 2024 The “Great Retirement” or “Silver Tsunami” is a phrase that has been gaining traction, capturing the impending wave of

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The plastic gets more swipes in January

Praneeta Mahajan Hamilton, February 19, 2024 Card spending over January showed some life after very subdued numbers in December. Durables, apparel, and fuel all rebounded

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A sharp fall in card spending during December

Praneeta Mahajan Hamilton, January 19, 2024 Card spending fell sharply in December 2023, taking the fizzle out of the Christmas season, a time of the

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World leaders address economic challenges

Praneeta Mahajan Hamilton, August 14, 2023 The BRICS countries have been pursuing a wide range of initiatives to decrease their dependence on the dollar. Over the past

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House Prices begin to rise in major cities

Praneeta Mahajan Hamilton, August 3, 2023 A recent report by CoreLogic brought some signs of respite for the housing market as the Real estate industry

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Recession impacts Hamilton’s economy

Praneeta Mahajan Hamilton, July 27, 2023 Hamilton’s economy continued to outperform New Zealand’s and most other metro cities in the year to March 2023. Data

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Marginal improvement in business confidence

Praneeta Mahajan Hamilton, July 5, 2023 This month’s Quarterly survey of business opinion by ASB Bank largely affirms the trend from last quarter showing tentative

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Government bullish on economy in Parliament

Venu Menon Wellington, June 29,2023 The House witnessed an animated discussion today on the fuel tax subsidy, with National Party Deputy Leader Nicola Willis raising

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Housing market reaches turning point

Praneeta Mahajan Hamilton, June 29, 2023 In the first meaningful positive shift in house price expectations since mid-2021, ASB’s Housing Confidence data shows that more

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Hamilton’s economy stays steady in tough times

 Praneeta Mahajan Hamilton, March 21, 2023 Hamilton’s economy continues to perform well and the supply of quality office space in the central city is

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