Brad Olsen
Food prices continue to rise
The cost of food is still rocketing up, but not as much as it has been in the past.
That's according to Infometrics' latest crunching of supermarket data for July showing their costs are up about… Audio
Relief may be on the way for supermarket shoppers
Grocery prices may finally be reaching a turning point according to the latest numbers from Infometrics.
The New Zealand Grocery Supplier Cost Index, commissioned by Foodstuffs, shows an increase of… Audio
Rate hike expected - households already in "world of pain"
Economists are united in the view that interest rates will be hiked again today by the Reserve Bank as it continues to battle inflation. David Cunningham is CEO of mortgage broker Squirrel. He says… Audio
Has the OCR peaked?
This coming Wednesday the Reserve Bank (RBNZ) will be having its latest review of the Official Cash Rate (OCR). Will there be surprises? Brad Olsen, Chief Executive and Principal Economist at… Audio
Groups seek more support for the vulnerable in the Budget
Anti-poverty campaigners are hoping for tangible support for vulnerable people in today's so-called "no frills" Budget. They are focussed on what the government has up its sleeve to ease the cost of… Audio
Early recession 'narrowly' avoided - economist
The economic consultancy Infometrics says New Zealand narrowly avoided a recession in the first fews months of the year with the economy growth at just 2.7 percent. But the bad weather took its toll… Audio
Food price inflation at its highest level in 36 years
Food price inflation is at its highest level in 36 years.
Stats NZ's food price index rose 12.5 percent in the year ended April - the highest annual rate since late 1987.
The main drivers were a 14… Audio
Economic downturn 'not going to be an easy ride' - Brad Olsen
Worry is mounting the economy's heading for a harsh landing.
Last year, amid stubbornly rising inflation the Reserve Bank told us it was engineering a minor recession through swift official cash rate… Audio
Supplier costs increase supermarket prices - economist
Feeling like you're getting less bang for your buck when getting groceries? It might be because the cost from suppliers to supermarkets keeps going up in products with dairy products, frozen… Audio
The price of food hikes again
The cost of food continues to skyrocket as the latest data shows a 12 percent increase on February last year.
Stats NZ says this is the biggest annual hike since September 1989.
It comes as the New… Audio
Economist labels fuel tax U-turn 'dumb economic policy'
The government has hit the brakes and made a massive U-turn on its decision to put an end to the fuel tax subsidy and half price public transport.
With people feeling the pinch of the cost of living… Audio
Cost of grocery supplies up in December 2022
Supermarkets are being forced to pay much more to stock their shelves, with the cost of grocery supplies up 10.6% in December compared to the previous year. The latest data comes from the… Audio
Cost of grocery supplies up in December 2022
Supermarkets are being forced to pay much more to stock their shelves, with the cost of grocery supplies up 10.6% in December compared to the previous year.
The latest data comes from the… Audio
Big interest rate hike not fair on households - top economist
Crushed between rising interest rates and runaway inflation - why are households being forced to bear the cost of fixing the economy?
At least one leading economist reckons the Reserve Bank, the… Audio
Recession looming: how deep, how long and who'll be worst off?
New Zealand is heading for a likely recession, after the largest increase to the official cash rate on record. So how deep will this recession be, for how long, and who will feel it worst… Audio
Australian visitors bolster tourism recovery
Tourism has bounced back stronger than expected with Australian visitors bolstering the sector over winter.
That's according to Infometrics' Brad Olsen, who says it's helped lead to a 2.6-percent… Audio
New data shows rising grocery prices likely driven by suppliers
There's little chance that grocery price inflation will be easing off in the short term, according to new data out today.
It reveals the country saw the largest number of items in five years increase… Audio
Economist on latest financial stability report
Banks are being urged to lend a helping hand to families and businesses struggling with rising interest rates.
The plea comes from the Reserve Bank as it warns of tough times ahead in the fight… Audio
Unhealthy eating could result with food price rises
The cost of food has increased by 8-point-3 per cent since last August and with it comes a concern that it might drive more people to lead unhealthy lifestyles, with junkfood often cheaper than… Audio