Higher fuel and power push up producer prices

Press Release – Statistics New Zealand

Producer prices rose in the June 2016 quarter, due to higher fuel and electricity prices, Statistics New Zealand said today. Read more »

NZ jobless rate falls to 5.1% under new methodology

Article – BusinessDesk

Aug. 17 (BusinessDesk) – New Zealand’s unemployment rate fell more than expected in the second quarter as Statistics New Zealand adopted a new way of measuring the labour market to bring the country in line with international practices, and while … Read more »

Government Statistician responds to Grant Robertson

Press Release – Statistics New Zealand

The following response to the media statement today by Grant Robertson MP can be attributed to Government Statistician Liz MacPherson. Read more »

BNZ – BusinessNZ Perfomance of Services Index – July 2016

Press Release – BusinessNZ

New Zealands services sector experienced a dip in expansion levels during July, according to the BNZ – BusinessNZ Performance of Services Index (PSI). Read more »

LVR start date deferred until 1 October 2016

Press Release – Reserve Bank

The Reserve Bank is deferring the start of the proposed changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October 2016, based on feedback from the banking industry from its recent consultation on the proposals. Read more »

Directors’ fees – signs of improving diversity

Press Release – Institute Of Directors

The Institute of Directors 2015 Directors Fees Report shows directors fees have risen moderately this year, with pay disparities between male and female directors closing. Read more »

BNZ – BusinessNZ PMI – July 2016

Press Release – Business New Zealand

New Zealand’s manufacturing sector continued to show stable growth in activity for July, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI). The seasonally adjusted PMI for July was 55.8 (a PMI reading above 50.0 indicates … Read more »

Retail spending hums along in June

Press Release – Statistics New Zealand

Robust spending in most of the retail trade industries has boosted total sales for the June 2016 quarter, Statistics New Zealand said today. A strong increase this quarter follows a more subdued rise in the March 2016 quarter. Read more »

Largest population growth ever

Press Release – Statistics New Zealand

New Zealand’s population grew by 97,300, or 2.1 percent, in the year ended June 2016, Statistics New Zealand said today. This is the largest annual increase ever. New Zealands estimated resident population was 4.69 million at 30 June 2016. Read more »

Cost of dairy products continues to fall

Press Release – Statistics New Zealand

Food prices decreased 1.3 percent in the year to July 2016, Statistics New Zealand said today. This follows a decrease of 0.5 percent in the year to June 2016. Read more »

Craft beer pours on more heady growth

Press Release – ANZ Bank

The good times continue to flow for New Zealands craft beer industry with sales up by 35% in the past year amid an ever growing thirst for big flavour beer, research from ANZ reveals. Read more »

Guest nights rebound in June

Press Release – Statistics New Zealand

For June 2016 compared with June last year, domestic guest nights in the North Island rose 13.9 percent, following a 5.7 percent fall in May. Total national guest nights for June 2016 were up 11.9 percent from June 2015, with North Island domestic guest … Read more »

Hospitality spending up; fuel down

Press Release – Statistics New Zealand

Total retail spending using electronic cards was $4.8 billion in July 2016, up $267 million (5.8 percent) from July 2015, Statistics New Zealand said today. The largest increase was in the hospitality industry, up $139 million (18 percent), while the … Read more »

NZ sheep numbers fall to lowest level since the 1930s Depression

Article – BusinessDesk

Aug. 9 (BusinessDesk) – New Zealand’s sheep flock dropped 3 percent to the lowest level since the 1930s Depression as farmers sold stock to cope with drought conditions and facial eczema. Lamb numbers are likely to fall 2.9 percent this spring. Read more »

Researchers shift into top gear

Press Release – New Zealand Government

New Zealands world-leading research database continues to grow with the inclusion of new data from the transport sector, Statistics Minister Craig Foss says Read more »

July Climate Summary – Mild Month Overall

Press Release – NIWA

A mild month overall and dry for eastern areas of the country. Temperature July temperatures were above average (+0.51C to +1.20 C) in many parts of New Zealand. It was an especially warm month for much of the inland South Island, Kaikoura and Auckland … Read more »

Jobs grow strongly, while wage rises remain subdued

Press Release – Statistics New Zealand

Job numbers rose a strong 3.1 percent in the year to the June 2016 quarter (as measured by the QES), driven in part by accommodation and food services, construction, and health services. This compares with a 2.2 percent increase in filled jobs in the … Read more »

Break-even cost pared back as farmers lift efficiency

Press Release – DairyNZ

Industry body DairyNZ says the increased dividend and the maintained $4.25 per kg MS Fonterra Farmgate Milk Price is some good news for farmers with shares. Read more »

Ministerial fingerprints all over botched foreign buyer data

Press Release – New Zealand Labour Party

Well-placed sources in the Government say the Land Information survey on foreign buyers was delayed while Ministers re-wrote the survey questions, says Labours Housing spokesperson Phil Twyford. Read more »

New Zealand First Reveals LINZ Overseas Data Holes

Press Release – New Zealand First Party

New Zealand First can reveal serious holes in Land Information (LINZ) data that the government claims to show low levels of overseas ownership. Read more »

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