Gareth Kiernan
Business News for 20 January 2020
News from the business sector, including a market report. Audio
Rebound in house price growth expected to be short lived
There's the potential for an upcoming rebound in the housing market but it's expected to be short lived. Audio
Business News for 9 September 2019
ANZ jumps ahead of the pack with a predicition of three more interest rate cuts by the Reserve Bank, taking the official cash rate to 0.25 % by the middle of next year. But other economists are… Audio
Early Business News for 9 September 2019
A brief update of movements in the financial sector. Audio
Early Business News for 9 September 2019
An early look at the day's business news -- interest rates and vaping. And a catch up on how financial markets will start the week.
Audio
High employment, rising wages hide slowing growth - economist
The government is being warned that record low unemployment and rising wages are giving the wrong impression, and things are actually much less rosy.
Economists say the numbers out on Tuesday give a… Audio
How low can interest rates go?
The Reserve Bank's official cash rate sits at a record low of 1.5 per cent but the central bank has strongly indicated that could be cut further if the global economic outlook worsens and the local… Audio
Growth prospects for NZ mediocre - Infometrics
Little benefit is expected to be felt in the economy by a boost in government spending and further rate cutes by the Reserve Bank. Audio
Govt relaxes debt reduction target
The Government's given itself a little spending wiggle room with the relaxation of its debt reduction target. Audio
High house, dairy and petrol prices have people feeling wary
The Council of Trade Unions has surveyed its own members and found 70 percent of respondents feel their incomes are not keeping up with living costs. Audio
Provincial centres to drive economic growth over next 18 months
Regional centres are set to drive growth at a time when the economy will be cooling. Audio
Third of NZ jobs to become automated in next 20 years
Almost a third of New Zealand jobs will become automated by 2036 according to new research, prompting calls for the Government and tertiary institutes to develop a national skills strategy to prevent… Audio
Still more gas in the tank for the economy - Infometrics
The country's economy still has more gas in the tank for next year, despite some analysts suggesting it's already at the peak. Audio
Immigration clampdown could lead to economic slump
Gareth Kiernan, the chief forecaster of the economic consultancy Infometrics, argues we should not be too quick to slash immigration. Audio
New house lending restrictions hit investors hard
The chief forecaster at Informetrics, Gareth Kiernan, says tighter rules around lending to investors may keep a lid on the housing market for longer this time round. Audio
Property values predicted to drop by 12% by 2020
Infometrics predicts NZ property values will drop by 12% in the next three years. Gareth Kiernan, the chief forecaster, says growth is not going to continue at the same rapid rates we're enjoying at… Audio
Strong economic growth predicted
Economic figures being released on Thursday are expected to show New Zealand in fine form in the September quarter. Audio
NZ economic growth expected to be around 1 percent
Two significant economic numbers are being released this week, and both are expected to show New Zealand in fine form in the September quarter. The market is picking around zero-point-9 percent… Audio
Doubt in industry Goff move would dampen foreign buyer spirit
Can Auckland mayoral hopeful Phil Goff really dampen down the Auckland housing market, by targeting foreign buyers? There's doubt in the industry that he can..... Audio