News | Business
28 Nov 2024 22:53
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
    •    Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    A tale of two economies, for now

    A tale of two economies, for now

    28 November 2024
    The Reserve Bank is forecasting more OCR cuts next year, sooner than previously expected, after yesterday's 50-basis point cut to 4.25 percent.

    But Governor Adrian Orr says growth remains weak, globally.

    Former Finance Minister Steven Joyce says there are green shoots in the economy, but they're confined to specific sectors like commercial property, dairy, kiwifruit and the tech sector.

    He says big-employing industries like service and retail have been flat as a pancake, alongside residential property and construction.

    © 2024 Newstalk ZB, NZCity


     Other Business News
     28 Nov: An investment firm's being urged to make the ethical choice for workers left out of pocket
     28 Nov: Relief in the construction sector, after yesterday's cut to the Official Cash Rate
     28 Nov: The Reserve Bank's not forecasting a major escalation in house prices, as the economy readjusts to more normal growth
     28 Nov: A banana duct-taped to a wall has sold for £4.9 million – part of the evolving relationship between art and finance
     28 Nov: Black Friday sales are on again. To score a genuine bargain, it helps to go in with a plan
     28 Nov: The Reserve Bank remains concerned about domestic inflation, as it points to more OCR cuts next year following the latest 50 basis point cut
     28 Nov: First home buyers need easier access to finance and the ability to co-share home loans: inquiry
     Top Stories

    RUGBY RUGBY
    The Breakers are dealing with a revolving carousel of players ahead of tonight's NBL game away to the Illawarra Hawks More...

    BUSINESS BUSINESS
    An investment firm's being urged to make the ethical choice for workers left out of pocket More...


     Today's News

    		 Business:
    An investment firm's being urged to make the ethical choice for workers left out of pocket 21:56

     Entertainment:
    Kristin Cavallari has accused Scott Disick of sending her a "manipulative" direct message 21:41

     Accident and Emergency:
    Firefighters have been battling - a well involved shed fire - in the Hastings suburb of Twyford 21:16

     Entertainment:
    Wendy Williams has become "permanently disabled" amid her dementia battle 21:11

     Environment:
    Landslides in Indonesia's Sumatra kill at least 27, rescuers anticipate finding 'more victims' 21:06

     Entertainment:
    'Vanderpump Rules' is returning with an all-new cast 20:41

     Entertainment:
    Scarlett Johansson found turning 40 to be a "liberating" experience 20:11

     Entertainment:
    Dwayne 'The Rock' Johnson was "really impressed" by his daughters during the press tour for 'Moana 2' 19:41

     Entertainment:
    Ben Stiller thinks it would be "really fun" to act alongside his children 19:11

     Rugby League:
    The Bulldogs have re-signed star centre Bronson Xerri through until the end of the 2027 NRL season 18:57

     News Search




    Power Search

    © 2024 New Zealand City Ltd