Instructional Video13:06
Economics Explained

The "Perfect" Little Economy of New Zealand | Economics Explained

9th - Higher Ed
This is New Zealand – a picturesque nation with an economy that appears to exclusively rely on throwing tourists off cliffs in increasingly imaginative ways.



But Australia’s "little brother" is not to be...
News Clip0:46
Bloomberg

New Zealand Central Bank Keeps Key Rate Steady at 5.50%

Higher Ed
The Reserve Bank of New Zealand kept its key rate at 5.5% and signaled a subdued growth outlook. All 22 economists surveyed by Bloomberg had expected no change from the central bank. Yvonne Man and David Ingles report on Bloomberg...
News Clip5:27
Bloomberg

BusinessNZ CEO on Incoming New Zealand Government

Higher Ed
Kirk Hope, chief executive officer at BusinessNZ, discusses what New Zealand's largest business advocacy group hopes to see in terms of government policies. He speaks with Bloomberg's Haidi Stroud-Watts after the country's opposition...
News Clip4:33
Bloomberg

Franks Ogilvie's Morten on New Zealand Election

Higher Ed
Brigitte Morten, director at Franks Ogilvie, discusses the key issues at stake for New Zealand's general election. She speaks with Bloomberg's Haidi Stroud-Watts on "Bloomberg Daybreak: Australia."
News Clip2:30
Bloomberg

New Zealand Property, Consumer Stocks in Focus as Election Nears

Higher Ed
Consumer and property stocks are going to be in focus in New Zealand as the nation heads to the polls on Saturday. Investors are going to be watching for any changes in policy for sectors like consumer, agriculture and construction....
News Clip2:43
Bloomberg

Australia, New Zealand Losing Billions in Theft Wave

Higher Ed
A theft wave is sweeping through Australia and New Zealand. The high cost of living is proving to be too much for man. Karen Leigh reports on Bloomberg Television.
News Clip4:09
Bloomberg

Hipkins: New Zealand's Economy Is Turning a Corner

Higher Ed
"We are on the road to recovery." New Zealand Prime Minister Chris Hipkins discusses the country's priorities, the economy and how the slowdown in China is impacting New Zealand. He speaks exclusively on Bloomberg Television.
News Clip1:56
Bloomberg

New Zealand First-Time Homebuyers Seize Brief Window

Higher Ed
New Zealand's home-building approvals fell 5.2% month-on-month in July versus revised increase of 3.4% in June. Meanwhile, the country's slump in house price has given first-time homebuyers a welcomed leg up in their quest to purchase a...
News Clip11:24
Bloomberg

New Zealand Central Bank Says Mild Recession 'Bare Minimum' to Tame Inflation

Higher Ed
Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the outlook for the economy. The central bank on Wednesday held its Official Cash Rate at 5.5% but raised its forward track slightly, indicating the risk of...
News Clip1:14
Bloomberg

Reserve Bank of New Zealand Governor Says Core Inflation Remains Too High

Higher Ed
"It's pleasing that headline inflation and inflation expectations have declined. But similar to the global story, core inflation remains too high." Reserve Bank of New Zealand Governor Adrian Orr discusses monetary policy and the state...
News Clip1:48
Bloomberg

New Zealand Maintains Benchmark Interest Rate at 5.50%

Higher Ed
The Reserve Bank of New Zealand kept interest rates unchanged for a second straight meeting but signaled the risk that it may need to raise them again to tame inflation. Kathleen Hays reports on Bloomberg Television.
News Clip5:21
Bloomberg

Kiwi Bank's Vergara on RBNZ Decision

Higher Ed
Mary Jo Vergara, senior economist at Kiwi Bank, discusses her expectation for the RBNZ to hold the cash rate unchanged in their upcoming August meeting. She speaks with Bloomberg's Paul Allen and Shery Ahn on "Bloomberg Daybreak:...
News Clip2:03
Bloomberg

New Zealand Maintains Benchmark Interest Rate at 5.50%

Higher Ed
New Zealand's central bank kept interest rates unchanged for the first time in almost two years amid signs that the weaker economy is slowing inflation. Kathleen Hays reports on Bloomberg Television.
News Clip2:50
Bloomberg

New Zealand Economy Falls Into Recession

Higher Ed
New Zealand's economy has fallen into recession. Gross domestic product fell 0.1% from the prior three months, when it dropped an upwardly revised 0.7%, Paul Allen and Haidi Stroud-Watts report on Bloomberg...
News Clip1:45
Bloomberg

RBNZ Says Interest Rates Need to Remain at Restrictive Level

Higher Ed
"The committee agreed that the level of interest rates are constraining spending and inflation pressure and that the OCR will need to remain at a restrictive level for the foreseeable future." Reserve Bank of New Zealand Governor...
News Clip4:54
Bloomberg

This Is Last Hike in the Cycle for RBNZ: UBS WM's Tan

Higher Ed
"This is the last hike in the cycle for RBNZ." Teck Leng Tan, APAC FX & macro strategist at UBS Wealth Management, discusses the Reserve Bank of New Zealand policy decision, the Australian dollar and his outlook for the US dollar. He...
News Clip2:52
Bloomberg

RBNZ Raises Key Interest Rate to 5.5% From 5.25%

Higher Ed
New Zealand's central bank raised interest rates by a quarter of a percentage point and said it has done enough to tame inflation. Kathleen Hays reports on Bloomberg Television.
News Clip1:58
Bloomberg

Missed Mortgage Payments Swell in Housing Bellwether New Zealand

Higher Ed
There are signs of stress emerging in New Zealand's housing market. More buyers are falling behind on loan repayments. Ainsley Thomson reports on Bloomberg Television.



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News Clip4:51
Bloomberg

Duration Is Still a Play Medium-Term: OCBC's Menon

Higher Ed
Vasu Menon, executive director of investment strategy at OCBC Bank Wealth Management, discusses the Reserve Bank of New Zealand's decision to raise interest rates by 50-basis points, bond yields and his investment strategy. He speaks on...
News Clip3:57
Bloomberg

New Zealand Raises Key Interest Rate to 5.25% From 4.75%

Higher Ed
The Reserve Bank of New Zealand hikes rates by larger-than-expected 50 basis points. Kathleen Hays reports on Bloomberg Television.
News Clip10:57
Bloomberg

Doesn't Need to Be a Recession in New Zealand: Robertson

Higher Ed
New Zealand Finance Minister and Deputy Prime Minister Grant Robertson discusses Reserve Bank of New Zealand policy, the economy and the country's labor shortage. He speaks exclusively on Bloomberg Television.
News Clip12:13
Bloomberg

Our Rate Cut Reduces Probability of Having to Do More Later, Says RBNZ’s Orr

Higher Ed
Aug.22 -- Adrian Orr, governor of the Reserve Bank of New Zealand, discusses the central bank’s policies, downside risks to the economy, future rate cuts, what’s going to cause him to cut again, his outlook for monetary policy, the New...
News Clip2:58
Bloomberg

Reserve Bank of New Zealand Governor on Rate Hike, Growth

Higher Ed
Reserve Bank of New Zealand Governor Adrian Orr discusses the central bank's decision to raised interest rates for the third straight meeting, and the outlook for the economy. The RBNZ also signaled it will need to lift rates higher than...
News Clip2:47
Bloomberg

New Zealand Central Bank Hikes Rates Half a Point for Fifth Straight Time

Higher Ed
The Reserve Bank of New Zealand raised its key interest rate by 50 basis points to 2.50% as expected by most economists surveyed by Bloomberg. Kathleen Hays reports on Bloomberg Television with David Ingles and Yvonne Man.