Unemployment rose slightly in the June quarter, fuelling speculation the economy is slowing and may need more stimulation to get to full employment, Thomas Coughlan reports.
Hikes to New Zealand's minimum wage and a move towards collective bargaining will accelerate the pace of pay rises over the next five years and spur inflation, ASB Bank economists say.
Dr Bryce Edwards of Victoria University argues the recent surge in industrial action it’s not necessarily down to the change of Government.
Nurses and teachers are pushing the Labour Government for massive pay increases, but the Government is rejecting their claims on the grounds of being fiscally responsible -- for now. Thomas Coughlan reports.
Here's the news in brief from New Zealand's political economy on Tuesday, including news a private member's bill to create a new debt mediation service for farmers passed its first reading, New Zealand job advertisements continued to grow strongly and Australian wage growth remained very weak. The combination doesn't bode well for falling net migration here.
The news that mattered this morning
In today's email we discussed the evolution of protein sources away from milk and meat, New Zealand's woeful productivity and the delay to replacing our maritime surveillance aircraft.
In today's email we looked at the latest stats on migration and business confidence, and asked whether 16 year olds should be able to vote.
Finance Minister Grant Robertson expects new Reserve Bank Governor Adrian Orr to review the bank's modelling that currently shows unemployment cannot go any lower without generating an inflation surge. Bernard Hickey reports.
In today's email we asked whether the economy is getting closer to its increasingly hard to define "speed limit".