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10 Dec 2024 18:15
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  •   Home > News > Business

    New Zealand is still feeling the after-effects of high inflation

    New Zealand is still feeling the after-effects of high inflation


    The Reserve Bank's released its Financial stability report - which says the economy could still get significantly weaker.

    Deputy Governor, Christian Hawkesby, says many still aren't benefiting from falling inflation.

    He says there's also potential for bad news on unemployment.

    Hawkesby says the central bank is predicting 5.5 percent unemployment, but there's a risk it could be even worse.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Law and Order:
    The Children's Minister says a third youth boot camp participant is being accused of re-offending 18:07

    Entertainment:
    Teddi Mellencamp has moved in with Kyle Richards 17:54

    Health & Safety:
    Luigi Mangione charged with murder of UnitedHealthcare CEO Brian Thompson 17:37

    Law and Order:
    Australian Olympic cyclist, Rohan Dennis, has pleaded guilty to a lesser charge over the death of his wife, Olympian Melissa Hoskins 17:27

    Entertainment:
    Porsha Williams is trying to "stay strong" amid her divorce 17:24

    Living & Travel:
    Protecting dogs and cats from mosquitoes and heartworm 16:57

    Rugby:
    Australian-born one-test All Black Ross will be eligible for the Wallabies, while Stevenson will be eligible for Samoa by the next World Cup 16:57

    Entertainment:
    Jeff Goldblum's family "don't care" about his career 16:54

    International:
    Who is Luigi Mangione, charged with the murder of CEO Brian Thompson? 16:47

    Motoring:
    A boost for next season's Castrol Toyota Formula Regional Oceania Championship, with Supercars champion Will Brown confirmed to take part 16:47


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