But it does nothing to close the widening per capita income gap with Australia, says Alexander in his Budget overview in his weekly economic overview.
However, the ASB’s economic team says the cost cutting allows much swifter return to operating surplus than initially expected, in its succinct overview of the budget.
Close to one in 10 New Zealand employees changed roles inside their own company in the past three months, but pay across the market barely moved, new data shows.
After a punishing economic cycle Kiwi businesses are emerging into something of a stabilisation period. Cautiously optimistic, past the worst, but with operating costs still biting and reinvestment held back. Why the next six months will define the recovery, and what business owners need to be doing in that period.
The World Economic Forum recently released its annual Top 10 Emerging Technologies Report 2026, identifying what it sees as breakthroughs poised to reshape economies and societies within the next three to five years.
