Stagflation warning: Why a flat unemployment rate may still spell trouble ahead

Stagflation warning: Why a flat unemployment rate may still spell trouble ahead

NZ Herald business editor at large Liam Dann is with The Front Page to unpack what to look for in the latest data.

NZ Herald Afternoon Headlines | Monday, May 4, 2026

NZ Herald Afternoon Headlines | Increase in diesel and jet fuel stocks, Kiwi business leaders accompany the PM to Singapore, national screening programme for prostate cancer.

Fire and Emergency at a building fire on Grey’s Ave, Auckland City

Fire and Emergency crews attending a building fire on Grey’s Ave, Auckland City. Video / Dean Purcell

Meet the property developers

From malls to restaurant precincts, massive warehouses to the fast-expanding airport hub – what happened when these men met each other for our photo shoot. Video / Alyse Wright

East Auckland assault: Driver cut off, attacked by group of dirt bike riders

Police say they believe the group took the victim's vehicle keys before fleeing. Video / Supplied

Ryan Bridge TODAY Mother's Day giveaway

Win a luxury Auckland staycation for Mother's Day with Ryan Bridge TODAY. Video / Ryan Bridge TODAY

Orca calf washed up on popular Ōrewa Beach, in Auckland's north.

A member of the public spotted the young orca washed up on the shores of Ōrewa Beach in the early hours of the morning. Photo / Arnaud Cordebar

These six common fuel-saving tips are actually myths | Ryan Bridge TODAY

Driven's Damien O'Carroll joins Herald NOW to bust some common fuel-saving myths. Video / Ryan Bridge TODAY

Retail Radar Report makes grim reading for economic outlook | Ryan Bridge TODAY

Retail NZ CEO Carolyn Young says they really want people to work in their offices to encourage thriving city centres. Video / Ryan Bridge TODAY

Tiwai Point industrial action begins today | Ryan Bridge TODAY

E tū director Mat Danaher says Rio Tinto has not really been committed to getting a collective employment agreement and is not negotiating in good faith. Video / Ryan Bridge TODAY

Liam Lawson suffers early exit at Miami GP | Ryan Bridge TODAY

NZ Herald sports journalists Cameron McMillan and Alex Powell reflect on Liam Lawson, the Warriors and Auckland FC. Video / Ryan Bridge TODAY

Global markets report strong month in April despite Iran war disruptions | Ryan Bridge TODAY

Forsyth Barr's Zoe Wallis joins Herald NOW for a look at the markets, Monday, May 4. Video / Ryan Bridge TODAY

Trial for the death of police officer Lyn Fleming starts today | Ryan Bridge TODAY

South Island news director Claire Sherwood with the latest headlines from the region. Video / Ryan Bridge Today

Stagflation fears; Singapore 'food for fuel' deal; Korean beauty imports surge | Ryan Bridge TODAY

Could unemployment hit 5.8% this year? PM Luxon takes CEOs to Singapore. K-beauty imports up 280% over 5 years. Video / Ryan Bridge Today

Ryan Bridge: I've got good news and bad for Kiwi retailers | Ryan Bridge TODAY

A survey out this morning says retailers are concerned about recent fuel shocks. Video / Ryan Bridge TODAY

What Act's new immigration policies actually mean | Ryan Bridge TODAY

Acting Prime Minister David Seymour explains how Act's new immigration policies will work. Video / Ryan Bridge Today

Senior Trump allies express 'concern' about US withdrawal from Germany | Ryan Bridge TODAY

Intelligence expert Lieutenant Karen Gibson says troop withdrawal is a serious change in regards to the NATO alliance and erodes trust. Video / Ryan Bridge TODAY

Luxon is in Singapore where their PM is AI focused - Garth Bray 2degrees wrap | Herald NOW Business

'If we allow uncertainty to paralyse us, we will fall behind in a world that is moving rapidly ahead.' says Singapore’s PM Lawrence Wong. Video / Herald NOW Business

MetService morning weather update: May 4

MetService morning weather update: May 4. Video / MetService

US Supreme Court tariff ruling opens NZ exporters to refunds | Herald NOW Business

EY New Zealand partner Paul Smith discusses how exporters could claim their share of a $1 billion tariff refund. Video / Herald NOW Business

Sport Headlines | Monday May 4, 2026

Sport Headlines | Monday May 4, 2026

Icehouse Ventures sets its sights on Kiwisaver | Herald NOW Business

Robbie Paul, the chief executive of one of the country's largest venture capitalists, Icehouse Ventures, details its investment plans. Video / Herald NOW Business

NZ Herald Headlines | Monday May 4, 2026

NZ Herald Headlines | Monday May 4, 2026

PM mission to Singapore for comprehensive strategic partnership | Herald NOW Business

Todd McClay will sign Agreement on Trade in Essential Supplies. We will finally get to see the fine print. Fran O'Sullivan - Herald Business commentator. Video /Herald NOW Business

Liam Lawson forced to retire from Miami Grand Prix

The Kiwi suffered terminal damage on lap six.

Why has the NZ sharemarket lagged? Shane Solly - Harbour Asset Management | Herald NOW Business

The NZ sharemarket has no direct exposure to the semiconductor sector which is benefiting from the global AI capex tidal wave. Video / Herald NOW Business

I never studied politics, I just lived it

Judith Collins, who is retiring this month, reflects on her career in politics and why Christopher Luxon is the best boss she has ever had. Video / Mark Mitchell

What if your money could talk to you?

This week on The Prosperity Project, Rachel Davies and Angela Meyer of Hi Money join Nadine Higgins for a discussion about our emotional relationship with money.

Pack of bikers on main Auckland road

An Auckland motorist captured dashcam video of the group of bike riders on Ti Rakau Drive on Sunday. Video / Supplied

Aftermath of car crashing into Auckland house

A Tesla being driven by an Uber driver is removed from a Freemans Bay property after it crashed into the house during a 21st birthday party. Video / Supplied

NZ Herald Afternoon Headlines | Sunday May 3, 2026

NZ Herald Afternoon Headlines | Sunday May 3, 2026. David Seymour makes new immigration policy announcement. Luxon, Willis and McClay head to Singapore amid fuel crisis.

David Seymour delivers an immigration policy announcement

Act Party leader David Seymour delivers an immigration policy announcement. Video / NZ Herald

NZ Herald Morning News Update | PM heads to Singapore, Act launches immigration policy

NZ Herald Morning News Update | PM heads to Singapore, Act launches immigration policy, bus driver alleges assault over fare dispute. Video / NZ Herald

A 'callous' betrayal of trust

South African woman Carlien Mienie shares her distress over having been duped by a close friend into handing over her life savings. Video / Hannah Bartlett

Paul Ego is more than just a comedian. He's also Stickman.

Paul Ego joins Paula Bennett on Ask Me Anything for a fun and funny chat about his 30 year career in comedy and how he went from Paul Jones to Paul Ego.

Auckland FC snatch dramatic win over Melbourne City

Auckland FC beat Melbourne City in a nail-biting clash that went down to the wire.

Wellington man rummages through flood-contaminated rubbish

Wellingtonians impacted by recent flooding have found people dumpster diving through contaminated rubbish they have placed outside for council collection.

Bunnings and Mitre 10: How Iran conflict could hit product supply

Bunnings General Manager Melissa Haines and Mitre 10 CEO Lindsay Rowles discussed the Iran conflict's impact on supply. Video/Dean Purcell

The Devil Wears Prada 2 in cinemas worldwide today

Watch the new trailer for The Devil Wears Prada 2 with original song “Runway” performed by Lady Gaga and Doechii. Video / 20th Century Studios

NZ Herald Morning Headlines | Saturday May 2, 2026

NZ Herald Morning Headlines | Saturday May 2, 2026. Trump vows to 'destroy' Iran. No one charged in regards to helping Tom Phillips and NZ falling behind in fuel crisis recovery.