Robyn Walker highlights the lumpy revenue risks and complexity of a CGT.
Unemployment statistics lower than expected but employer advocacy group warns data doesn’t paint picture of what’s happening right now.
Stats NZ labour market data comes in below expectations in the December quarter, while health and education wage settlements flow through.
Plus, Stats NZ data shows building consents fell 25% last year, while unemployment expected to nudge higher.
Analysts reckon the RBNZ chief economist’s comments today indicate no OCR cuts in the ‘near term’.
Net debt at the end of November was $1.77b lower than expected.
OCR cuts pencilled in from August – while inflation back in key zone later this year.
Annual fall more than the RBNZ expected back in November, lowering the chances of another OCR hike.
Central bank considers adding another ‘iron’ to its tool kit, no monetary policy implications, says Westpac’s Kelly Eckhold.
The Westpac-McDermott Miller Employment Confidence Index rose 1.4 points to 99.7 in the December quarter.