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Treasury’s Half Yearly Economic and Fiscal Update offers a rosy outlook for the next few years. Growth is expected to be around 3.5% and averaging 3% over the next five years.
Household net disposable income was $138.4 billion (up 2.8 percent), while household spending was $141.4 billion (up 3.6 percent) in the March 2016 year, Statistics New Zealand said today.
Household saving was negative at $3.0 billion.
A bank customer who was careless with her phone banking PIN was lucky to get back $5,000 stolen from her account, says Banking Ombudsman Nicola Sladden.
The Mazda CX-9 has won the overall AMI Insurance NZ Autocar Car of the Year award for 2016.
After a day of back-to-back testing with the five other category winners, it amassed more points than its rivals to claim the title. It was also the winner of the AMI Insurance Safety Award.
The ANZ Commodity Price Index rose 2.7% in November, the seventh rise in as many months. The recent run of form has seen the index lift to 13% higher than a year ago (due in part to base effects).
Answers to Auckland’s housing crisis require new ways of thinking, new ways of building and new ways of engaging with the community, say a group proposing to build ‘The McGreggor’ New Zealand’s most sustainable apartment building in the vibrant Karangahape road precinct.
Air New Zealand has today welcomed customers to the airline’s first lounge dedicated to regional travelers out of Wellington.
Seventh-generation dairy farmers Julian and Cathy Raine of Nelson are teaming up with leading glass manufacturer O-I to bring beautiful A2 cows’ milk fresh from the farm to milk lovers around New Zealand, in one-litre glass bottles under the name Aunt Jean’s Dairy.
Land suitable for 60 apartments on the Te Atatu Peninsula is the latest addition to the Crown Land Programme, Building and Housing Minister Dr Nick Smith says.
Appointment scheduling and business management software company Timely secures a win at the 2016 New Zealand International Business Awards as the best emerging business for 2016, alongside finalist Haka Tours.
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