News | Business
28 Jul 2025 21:33
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • 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

    An economist says much of New Zealand is still struggling to escape recession

    An economist says much of New Zealand is still struggling to escape recession


    SEEK's latest Employment Report shows job ads dropped for a second month, down three percent.

    Applications per ad, fell two percent.

    Kiwibank Chief Economist Jarrod Kerr says the country is crawling out of this recession - but that will flip.

    He says as interest rates cuts feed through, the Reserve Bank will be forced to cut more and recovery should take hold in the later part of this year, and definitely next year.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     28 Jul: The Commerce and Consumer Affairs Minister's confident an in-store ban on payment card surcharges won't hugely affect retail prices
     28 Jul: Mixed news today on the employment front
     28 Jul: More than 100-thousand Kiwis are struggling to keep their homes warm this winter
     28 Jul: Competition remains fierce for jobseekers despite SEEK ads and applications dropping
     28 Jul: The job market is slowly rebounding from last year's low point
     28 Jul: Balancing building safety and cost is behind changes to building material legislation
     27 Jul: Sole traders may have drawn the short straw when it comes to recent KiwiSaver changes
     Top Stories

    RUGBY RUGBY
    Tyrel Lomax will miss at least the first two games of the All Blacks' Rugby Championship campaign with a broken hand More...


    BUSINESS BUSINESS
    The Commerce and Consumer Affairs Minister's confident an in-store ban on payment card surcharges won't hugely affect retail prices More...



     Today's News

    Entertainment:
    Julie Bowen "started laughing" when she learned that her character dies in Happy Gilmore 2 21:19

    Law and Order:
    A person's been taken to hospital in a serious condition following an assault in Auckland this evening 21:17

    Entertainment:
    Billy Joel entered rehab in 2005 after being given an "ultimatum" by his then-wife 20:49

    Entertainment:
    Logan Lerman found the Only Murders in the Building set to be "oddly fun" 20:19

    Entertainment:
    Jamie Lee Curtis believes the "filter face is what people want" 19:49

    International:
    India bats out fourth Test draw against England, Cook and Vaughan lament pitch 19:37

    Entertainment:
    Steve Aoki has become a dad 19:19

    Rugby:
    Tyrel Lomax will miss at least the first two games of the All Blacks' Rugby Championship campaign with a broken hand 18:57

    Entertainment:
    Taylor Swift plans to "take the high road" after being slammed by ex-boyfriend Matt Healy's mother Denise Welch 18:49

    Business:
    The Commerce and Consumer Affairs Minister's confident an in-store ban on payment card surcharges won't hugely affect retail prices 18:37


     News Search






    Power Search


    © 2025 New Zealand City Ltd