Economy
Midday Report Essentials for Thursday 10 April 2025
In today's episode, the New Zealand stock exchange surged at opening on Thursday morning, after US President Donald Trump announced a 90-day pause on global tariffs for most countries, a boil water… Audio
NZ stock exchange surges as Trump pauses tariffs
The New Zealand stock exchange surged at opening on Thursday morning, after US President Donald Trump announced a 90-day pause on global tariffs for most countries. Sense Partners economist John… Audio
An escalating battle of reciprocal tariffs and the threat of a trade war
Trump's tariffs crashed global markets and are causing fears of a trade war. What happens now is the 'trillion-dollar question'.
Council may ditch credit rating agency after downgrade
The Waimakariri District Council could ditch the credit rating agency S&P after it received a credit rating downgrade.
Luxon talks to world leaders as Trump pauses tariffs
The Prime Minister says he will speak to world leaders today about working together to maintain free trade. Audio
Reserve Bank cuts OCR
The Reserve Bank has trimmed the official cash rate by 25 basis points to 3.5 percent but warns global risks are growing. Chief Economist at Kiwibank Jarrod Kerr spoke to Corin Dann. Audio
Finance Minister on Trump's pause on tariffs
Finance Minister Nicola Willis spoke to Corin Dann on what Trump's pause on tariffs means for New Zealand. Audio
What Trump's pause in tariffs could mean for NZ
Business editor Gyles Beckford gives us the latest. Audio
Protecting KiwiSavers from 'tweets, tantrums, and tariffs'
Some fund managers had already shifted some of their growth fund investments into more defensive assets, before Trump's tariff turmoil hit.
ADB projects moderate growth for Pacific economies
Economic growth in the Pacific is projected to moderate to 3.9 per cent in 2025 and 3.6 per cent in 2026, according the latest Asian Development Outlook, the ADB's flagship economic publication… Audio
Guam's tariff exemption unlikely to be permanent - ex delegate
Guam's unique tax situation could see it become a transhipping hub that avoids tariffs, but a former Guam delegate to the US Congress doesn't expect it to last long. Audio
Trump raises China tariffs to 125% but authorises 90-day pause for others
Earlier, the global trade escalated , with China now promising 84 percent tariffs on US goods.
Trump's tariff turmoil and the cost for the world
Trump's tariffs crashed global markets and are causing fears of a trade war. What happens now is the 'trillion-dollar question'. Audio
Trump’s massive ‘reciprocal’ tariffs are now in place, upending global trade
Analysis: The Trump administration has piled on heaps of new "reciprocal" tariffs on dozens of American allies and adversaries alike, who are now all set to pay a steep price for the plan.
First banks move in response to OCR
As widely expected and signalled, the rate was cut by 25bps, to 3.5 percent.
Midday Report Essentials for Wednesday 9 April 2025
In today's episode, economists' predict a 25 basis point cut to the official cash rate, taking it to 3-point-5 percent. A new report has found New Zealand is being overwhelmed by organised crime - and… Audio
Engineering firms lose 1,200 people in 12 months
Engineers are sounding the alarm at the high number of roles being lost as the country experiences a major slowdown in infrastructure work. Helen Davidson, the chief executive of the Association of… Audio
Economists predict OCR cut
Economists are predicting a drop in the official cash rate this afternoon, with broad expectations of a 25 basis point cut to 3-point-5 percent. Charlotte speaks to RNZ's money correspondent Susan… Audio
'No one knows what the end game is'
NZ consumer confidence is ailing, with the malaise expected to linger longer given a long list of reasons for concern.
