14 January 2010
Research by Treasury economists casts doubt on the conventional view that we are hopelessly improvident and feckless. The conventional view is founded on estimates of household saving rates which show households year after year spending more than they earn - $1.14 for every $1 of income in the year to March 2009. But saving rates are slippery things to grab hold of and measure.
30 October 2009
The Treasury has issued a "choose your poison" challenge to the Government, warning that if serious consideration is not given to pegging the costs of superannuation other public services will suffer.
16 October 2009
Surprisingly strong inflation in the September quarter has cast further doubt on the Reserve Bank's stated expectation that it will not start raising interest rates until the latter part of next year.
16 September 2009
Federal Reserve Chairman Ben Bernanke said on that the worst US recession since the Great Depression was probably over, but the recovery would be slow and it would take time to create new jobs.
22 June 2009
First the good news: Since the Retirement Commission last assessed our financial intelligence back in 2006, we have got smarter.
29 May 2009
Automatic Government contributions to the New Zealand Superannuation Fund will be suspended for 11 years. And KiwiSaver mortgage diversion facilities will be closed to new applicants from 1 June.
13 February 2008
Finance Minister Michael Cullen will deliver his ninth Budget on 22 May 2008.
16 January 2008
The prospect that inflation will continue to rise has prompted Westpac economists to predict the central bank will lift the official cash rate twice this year to an eye-watering 8.75 per cent.