Kiwis still paying more than this time last year, however.
It’s discipline this economy needs if it is to make the change of government a real fresh start, Cameron Bagrie says.
We now reside in a world where geostrategic and geopolitical considerations are front and centre.
A shifting global economy will presents threats and opportunities, Cameron Bagrie says.
The groceries leading the pack, overall prices increased 8.9% in the year to August.
Investment pipeline is larger than agencies and the market have capacity to deliver, Treasury says.
National disparities in prices ‘concerning’, says Commerce Commission.
Dip in dairy prices just a dramatic illustration of the softer demand afflicting all key export commodities.
On-farm cashflows will take a lot of managing in this downturn.
Interest-only debt showing sharpest rise as producers tighten belts.
Council cites reinsurance pressures as some farmers face premium hikes of as much as 30%.
A Mid Canterbury dairy farmer thought he had seen the last of the really hard times in the 1980s.
Federated Farmers’ latest survey places farmer confidence at a 14-year low.
NZ needs to think about whether it is investing aggressively enough in agri-reasearch.
Agricultural lending rose in May at its fastest pace of annual growth since October 2019.
Urgent need to ‘get things in shape’ in an unpredictable world, says former PM.
Highest annual change since right after GST was introduced.
Rate of increase in suppliers’ charges for goods to supermarkets is moderating.
Ratings agency lowers growth outlook as global economy slows.
NZ abounds in opportunities to reshape the future, economist says.
Fruit and veg the second-largest contributor to annual increase.
Next 18 months set to be “another challenging period for farmers”, bank says.
We’re entering a stage in the economic cycle that could be a major wake-up call for society, Cameron Bagrie says.
When it came to motivations for reducing meat consumption, “lack of affordability and health concerns are their key drivers”.
Costs have increased across the board, with interest leading the pack.
Inflation, interest rates and the repricing of risk all play a role.
NZ might have narrowly avoided recession in first quarter ‘so far’, economists say.
What if John King told you of a low-tech way to use a business overhead to create inventory and at the same time dodge inflation’s corrosive effects?
Prudent steps to cut borrowings in recent years give some bulwark against rising rates.
In 2022, BNZ forecast a recession for the second half of this year based on the Reserve Bank’s efforts to control inflation.
Aus parent company says operating conditions in NZ remain challenging.
Saving money on food remains a top priority for both high and low-income consumers in 2023, with many planning to spend less on premium, healthy, and sustainable products.
Cooling may not be enough to prevent another interest rate hike in May.
The increase was slightly above the 12% recorded in February.
Export earnings will be key if NZ heeds warning to return to economic fundamentals.
Stats NZ reports food prices overall were 12% higher in February than a year earlier, with grocery food the largest contributor.
Beef + Lamb NZ delivers bad news for farms due largely to inflation.
While New Zealanders are expressing real concern about the climate, though sentiment towards it is still dwarfed by inflation worries.
Finance expert says it’s all too clear that NZ has had no risk management plan for natural disasters.