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Consumer confidence ebbs

The Westpac McDermott Miller Consumer Confidence Index slipped 0.8 percentage points in the March quarter, taking it to a level of 105.2.

Building boom starting to roll

9.2. 21 The most obvious go-ahead sector in the economy right now is construction, note Westpac’s economists in a commentary this week. ...

[PREMIUM] Politics and yields are changing

The key market development since we last wrote this report was the Democrats’ unexpectedly victories in the two Senate run-off races in the state of Georgia, says BNZ Markets Nick Smyth. ...
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Bounce in regional confidence

21.12.20: Regional economic confidence bounced over the December quarter, according to the Westpac McDermott Miller Regional Economic Confidence survey. ...

Better bounce than hoped

New Zealand’s GDP bounced by 14% in the September quarter, as the country moved out of the Covid-19 lockdown. ...

Covid economic damage severity less

Covid-19 has wreaked havoc for the travel and tourism sector, but the remainder of New Zealand’s economy has shown its resilience in fine style, copmmen ts Westpac ion its latest economics review ...

Business recovery of sorts

After slumping during the lockdown of the economy earlier in the year, New Zealand businesses have reported a recovery in trading conditions through the September quarter, says Westpac senior economist Satish Ranchhod. ...

PREFU sets out challenges ahead

Today’s Pre-election Economic and Fiscal Update (PREFU) showed an economic impact that whilst being not as bleak as May’s Budget forecast but with an eye-watering medium to long-term economic burden ...

Economy exceeds expectations

The latest ASB Quarterly Economic Forecast is less gloomy than expected, with ASB chief economist Nick Tuffley saying Auckland’s relatively rapid move from strict lockdown in March back to Alert Level 1 "limited the extent of near-term economic carnage." ...
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Australia economy in recession

The Australian economy contracted by 7.0% in the June quarter, the biggest quarterly decline in output since quarterly records began in 1959. The economy is now in recession. ...
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