Latest from Economy

Peter Lyons: Govt rescue package is too cumbersome and slow

Comment: Immediate mortgage and business debt breaks would be a better approach.

Wage subsidies could be broadened if NZ hits alert level three

If Covid-19 alert level goes up, Government's response almost certain to broaden.

Reserve Bank beginning GFC-era $30b spending spree

The RBNZ will begin a quantitative easing programme for the first time in NZ's history

$30b buy: Reserve Bank's emergency move to keep interest rates low

"The programme aims to provide further support to the economy."

How our cafes and bars are adapting to Covid-19

Local hospitality businesses remain open in the face of the Covid-19 pandemic.

Coronavirus crisis: Thousands of job cuts coming

The Chamber of Commerce says job cuts are coming and has urged the Government to do more.

Spark closes three stores, Vodafone NZ hit by India lockdown

Staff shortages see both telcos warn on store closures to come.

NZ retains 'ample' spending room: Moody's

Ratings agency says stimulus package is not enough to hurt Government's fiscal strength.

NZ Super Fund plunges $9 billion during coronavirus

Fund maintains the best strategy is to keep buying, despite large fall in its size.

The jobs created by Coronavirus: Cleaners and personal shoppers in demand

Week-long wait for online grocery orders as demand peaks from those staying at home.

How the Reserve Bank's big plan B works - Orr explains

Don't call it printing money, says Orr as the Reserve Bank considers QE.

Redundancy - it's not personal

No stigma around redundancy as employers understand the commercial realities.

Economist: OCR cut won't save NZ from economic strife

Shamubeel Eaqub says NZ faces a long recession caused by coronavirus.

Coronavirus: How you can help keep local stores in business

Supporting smaller stores keeps them open and is a great way to try quality local goods.

Reserve Bank sees recession scenarios for NZ as Covid-19 hits economy

Two on NZ's largest banks are now picking a "deep recession" – what does the RBNZ think?

Reserve Bank on coronavirus' 'severe impact': Unemployment, business failures

Bank: 'This is going to spill through to some more unemployment and business failures.'

All major banks pass on full OCR cut to customers

Westpac says it will pass on the full OCR cut.

Coronavirus emergency move: Reserve Bank cuts OCR to record low

The central bank was not scheduled to review the OCR until March 25.