Michael Gordon
Cooling the housing market
Acting chief economist of Westpac Michael Gordon talks about what's anticpated in this afternoon's Reserve Bank announcement. Audio
Balance of payments surplus for Q1, annual deficit
The boom in tourism has underpinned a surplus in the balance of payments and offset lower export earnings. Audio
Debt-to-income ratios may not impact house prices
An economist says an introduction of debt-to-income-based limits on lending might not have a lasting impact on rampant house prices. Audio
Evening Business for 28 April 2016
News from the business sector including a market report. Audio
End in sight to RBNZ rate cuts
The Reserve Bank this morning held its cash rate steady at 2-point-2-5 percent, as expected, but left the door open for further cuts. Audio
RB expected to sit on its hands over rates
The Reserve Bank is expected to sit on its hands and keep the official cash rate unchanged next week after latest figures showing a slight rise in consumer prices. Audio
Pressure off RB to cut rates - Economist
An economist says the slightly higher than expected consumers price index takes the pressure off the Reserve Bank to cut the official cash rate this month. Audio
Building consents rebound sharply in February
As you heard in the news, building consents have rebounded sharply in February, led by apartment permits in Auckland. Audio
Current account deficit narrows in fourth quarter
The balance of payments, which broadly measures the country's ability to pay its way in the world, has narrowed, as a rise in tourism earnings offset a fall in dairy earnings. Audio
Lower dairy forecast adds further pressure on OCR rate cut
An economist says Fonterra's lower forecast payout to dairy farmers only adds further pressure for the Reserve Bank to cut the official cash rate. Audio
RBNZ set to leave cash rate at 2.5 pct, but send dovish message
The Reserve Bank releases its first detailed look at the economy this week, complete with economic and financial market forecasts. Audio
Consumer prices fall in Q4, annual inflation low
The New Zealand dollar has fallen close to half a cent and wholesale interest rates are also lower after data showed inflation falling to its lowest level in nearly 16 years. Audio
Annual trade deficit stays close to 6-year high in October
New Zealand's annual trade deficit has stayed close to a six year high in October, as exports fell more than imports. Audio
Westpac predicts slowing house price rises in Auckland
One of the country's biggest banks is signalling a slowdown may already be underway in Auckland's rampant house market. Audio
Speed limits likely to go up, down in Waikato
A speed management project being piloted in Waikato could raise the speed limit on the expressway but cut it on other roads. Audio
Market flooded with dairy product - economist
A dairy payout over five dollars, is still possible for this season, despite a fall in the latest auction, according to an analyst. Audio
So business confidence is?
What exactly is business confidence? We ask economist Michael Gordon. Audio
Inflation remains in check
Economists say rising fuel prices are likely to have pushed up the cost of living in recent months, but inflation remains firmly in check. Audio
Weaker dairy prices expected to hit first quarter GDP growth
Economists are expecting the latest economic data, due later this week, to reflect weaker growth, driven primarily by a decline in dairy production. Audio
Terms of trade rises in March quarter
Weaker petrol prices have helped lift the country's purchasing power with the rest of the world. Audio