Economy

News and analysis of what's making the NZ economy tick
Beijing Xinwei Telecom Technology chairman Wang Jing's fortune plunged in May. Photo / Getty Images

China's richest lose $50b

The worst monthly slump in Chinese stocks in two years wiped away more than US$34 billion ($50.8 billion) in combined net…

 

Forget Greece, worry about China

For New Zealand, the Greek nightmare and potential euro meltdown are scary but the real terrors lie in the cracks in China's…

To buy: plot size of Scotland

One of the world's largest private landholdings, a series of cattle stations in Australia, is to be sold with an estimated…

Dollar rebounds as greenback dips

The New Zealand dollar has rebounded from a fresh five-year low overnight after the US dollar weakened following disappointing…

China offers hope for dairy

Finance Minister Bill English says the current review of tariffs in the China New Zealand free trade agreement was one of…

Pharmac TPP fears dismissed

Leading American trade economist Professor Peter Petri is optimistic that the Trans Pacific Partnership will turn out to…

Recession lurks in shadows

But it's not hard to envisage a scenario where a recession becomes imminent, Toplis says, if dairy prices fail to recover. Photo / Thinkstock

New Zealand is enjoying 3.2 per cent economic growth and 0.1 per cent inflation, the statisticians tell us, but Bank of…