News | Business
11 Mar 2025 18:30
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

    Consumer confidence is rising at Christmas, but economists doubt it will translate into more spending

    Consumer confidence is rising at Christmas, but economists doubt it will translate into more spending


    Westpac's index says confidence rose 7 points to 97.5 in December - its highest level in three years.

    It attributes the rise to falling mortgage rates, thanks to the Reserve Bank cutting the Official Cash Rate.

    But Westpac Senior Economist Satish Ranchhod says spending should increase next year as more people roll onto lower mortgage rates.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     11 Mar: Disgraced New Zealand businessman Ron Brierley is back in court - on three fresh charges having child-abuse material
     11 Mar: Mounting fears on Wall Street and in economies worldwide - after the trade wars Donald Trump said could cause "a little disturbance"
     11 Mar: Telco 2Degrees has joined the space race, aiming to expand its cellular and broadband network
     11 Mar: Quantum technologies are changing our world – what does NZ need to be part of the next revolution?
     11 Mar: The Government's investment in attracting events, is expected to make a 17-fold return
     10 Mar: 'No quick fix' to power outages in Qld, NSW as ex-Tropical Cyclone Alfred lays bare grid vulnerability
     10 Mar: Jemimah wants to grow her family. Secondary infertility has meant she can't
     Top Stories

    RUGBY RUGBY
    Good news for the Chiefs as the red names on their Super Rugby injury list turn orange and green More...


    BUSINESS BUSINESS
    Disgraced New Zealand businessman Ron Brierley is back in court - on three fresh charges having child-abuse material More...



     Today's News

    Entertainment:
    Brandi Glanville has appealed for help amid her ongoing health issues 18:21

    Politics:
    Violence flares as Assad loyalists clash with forces of Syria's new government 18:17

    Rugby:
    Good news for the Chiefs as the red names on their Super Rugby injury list turn orange and green 18:07

    Entertainment:
    Jason Isaacs was "terrified" he'd be stabbed or have his house "burned down" during a 10-year stalking ordeal 17:51

    Soccer:
    An injury cloud over All Whites winger Elijah Just is the reason Auckland FC attacker Jesse Randall's been recalled to the All Whites squad for the final stage of the Oceania qualifiers for next year's Football World Cup 17:27

    Law and Order:
    Police are asking for help to find a 15 year-old missing from South Auckland since Sunday 17:27

    Entertainment:
    King Charles has insisted differences are a "source of strength" 17:21

    Business:
    Disgraced New Zealand businessman Ron Brierley is back in court - on three fresh charges having child-abuse material 17:17

    Entertainment:
    Matthew Rhys "cries a lot easier" now he's a dad 16:51

    Entertainment:
    John Goodman has been injured on the set of his latest movie 16:21


     News Search






    Power Search


    © 2025 New Zealand City Ltd