Stories by Patrick O'Meara
News
Food costs up as price of bananas hits record high
The record high price of bananas pushed food prices up 1.3 percent in August.
Investors told to be wary amid sharemarket boom
The sharemarket is booming, but investors are being warned not to take it for granted.
Tourism eases back, electronic spending dips
Electronic card spending has decreased a seasonally-adjusted 0.4 percent in August compared with the previous month, official figures show.
Trans-Atlantic trade deal in doubt
Another big trade deal is in doubt, with the controversial TransAtlantic Trade and Investment Partnership (TTIP) now under threat.
NZ Post delivers small profit
New Zealand Post has delivered a slightly smaller profit as letter volumes continue to decline.
Former US trade official urges TPP concessions
Uncertainty about the future of the Trans Pacific Partnership has prompted a former American trade representative to urge the 12 countries involved to go back to the negotiating table.
TPP clause 'not making copyright easy to understand'
The music industry wants to dump the new copyright provisions in the TPP, saying New Zealand is the only country to sign up to such cumbersome and costly rules.
Cautious optimism over latest employment figures
Analysts are confident the economy is creating more jobs, despite warnings that new employment figures need to be treated with care.
Call for inflation overhaul to include house prices
A prominent housing economist wants a rethink about how inflation is measured.
RBNZ head remains firm on bank's approach
The Reserve Bank governor has defended his approach as MPs accuse the bank of losing its grip on inflation and failing to act decisively.
Official Cash Rate cut expected this morning
A cut in interest rates to a record low is considered all but certain this morning - but how much will retail banks pass on to borrowers?.
Employers refuse to give pay rises because they 'can't afford them'
Employers are rejecting calls for higher wages, saying they can't afford to pay them.
Growing discontent over low wage growth - unions
With rates, rents and bills showing no signs of abating, unions say staff are increasingly considering strike action to get a meaningful share.
NZ tax system 'meets EU criteria'
New Zealand has little to fear from a European investigation into the Panama papers, according to tax experts and the government.
Property prices a risk to economy - economist
As New Zealanders' housing-related debt rises to near record highs of 88 percent of GDP, there are warnings of risks to the economy.
Property prices a risk to economy - economist
As New Zealanders' housing-related debt rises to near record highs of 88 percent of GDP, there are warnings of risks to the economy.
Calls for overhaul of RBNZ inflation target
The emergence of persistently low inflation has prompted calls for an overhaul of the Reserve Bank's inflation target.
Exporters doubt OCR cuts will lower dollar
An expected cut in interest rates by the Reserve Bank is unlikely to help lower the dollar, exporters say.
Construction boom fuels growing economy
The housing market boom is continuing to underpin growth in the manufacturing sector and rising job ads.
Reserve Bank refuses to play housing ball with government
Analysis - If the government was looking for swift action from the Reserve Bank on the housing front, it received a nasty shock, writes Patrick O'Meara.
Investors likely to be targeted by RBNZ
Property investors are likely to be targeted when the Reserve Bank speaks later today about measures to cool the rampant housing market.
Australian election uncertainty adds to NZ exporters' challenges
The deadlocked Australian election is not helping exporters already struggling to compete across the Tasman due to a high dollar.
The OCR: What the experts are tipping
The Reserve Bank will tomorrow release its first detailed look at the economy for 2016, and there's one question on everyone's lips: Will it cut the Official Cash Rate?
Lobbyists at odds over TPP consultation
Lobby groups are at odds over the secrecy that enveloped the TPP talks and whether the government did enough to ease public mistrust.
Govt to limit Labour position on TPP bill
The Labour Party will be forced to vote against the TPP as it stands after the government confirmed it would put the planned law changes into one overall bill. Video