John Armstrong: Budget tailored to keep the wavering voters on board
John Key is under absolutely no illusions about the difficulty he faces in securing a third victory at next year's election, writes John Armstrong.
John Key is under absolutely no illusions about the difficulty he faces in securing a third victory at next year's election, writes John Armstrong.
Analysts at Macquarie say further details in today's Budget of a possible government sell-down of Air New Zealand could help push the airline's share price.
New Zealand housing is already overvalued by about 25 per cent and if it continues to rise may force the Reserve Bank to hike interest rates, according to the IMF.
In real terms, the median citizen and those below him or her on the income ladder are little better off than their parents were 40 years ago, writes Peter Lyons.
Lovers of yoghurt, chocolate and steak would have seen their grocery bills increase last month.
The economic forecasts underpinning Thursday's Budget will need to differ substantially from those the Treasury offered in its half-year update six months ago.
Australian Treasurer Wayne Swan concedes the political reality of not returning a much-promised surplus will be painful.
The Group of Seven top economies is committed to "nurturing" world economic recovery, British finance minister George Osborne said at the weekend.
Watching our Reserve Bank and news about interest rates from overseas this week, Bernard Hickey wondered how it will all end.
House prices are booming around New Zealand - with the average price of an Auckland city home rocketing to $735,692, up 12 per cent over the past year.
Economic reality has claimed Britain's poshest greengrocer, Prince Charles' organic vegetable store.
Auckland Council's draft Unitary Plan is under attack as people engage with its implications for their backyards and neighbourhoods, writes Joel Cayford. The question confronting city planners and councillors should be how to fix the plan,
New Zealand's jobless rate fell to a three-year low in the first three months of the year as the employment rate grew for the first time in four quarters.
Labour leaders will today discuss how they plan to implement a plan to deliver 10,000 affordable starter homes every year for 10 years.
The Reserve Bank has given strong signals that it intends to restrict mortgage lending at high loan-to-value ratios, to rein in credit growth and house price inflation.
The Reserve Bank of New Zealand says it intervened in foreign exchange markets in an attempt to drive the kiwi lower. It gave no details of the size of the intervention.
The Reserve Bank would impose limits on riskier mortgage lending with smaller deposits if it judged those loans to be a "significant risk" to financial stability.
Increasing pressure in a housing market where supply is failing to meet demand is posing a growing risk to our financial stability, says the Reserve Bank.