Best of Business

Michael Gordon: Westpac senior economist on the Westpac-McDermott Miller Employment Confidence Index dropping to lowest level since 2004

2 min · 23 jun 2026
aflevering Michael Gordon: Westpac senior economist on the Westpac-McDermott Miller Employment Confidence Index dropping to lowest level since 2004 artwork

Beschrijving

Confidence in the employment market is at an all-time low, with the Iran war still rippling through the economy. A Westpac-McDermott Miller survey for the June quarter reveals confidence fell for public and private sector employees.  A net 60 percent of respondents believe it's hard to find a job, up from 46 percent last quarter. Westpac senior economist Michael Gordon says employment confidence has been weak over the past five years, and this data represents another step backwards. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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aflevering Liam Dann: NZ Herald Business Editor at Large calls for bipartisan effort to reform KiwiSaver artwork

Liam Dann: NZ Herald Business Editor at Large calls for bipartisan effort to reform KiwiSaver

There's hopes compulsory KiwiSaver can help New Zealand catch up to Australia's economy.  The National Party is campaigning on making KiwiSaver mandatory for all workers, and for gradually raising the matching rate to six percent.  NZ Herald Business Editor at Large Liam Dann says he wants to see a bipartisan effort and for the Labour Party to get on board.  He says people will need to get used to that six percent figure.  "They're at higher levels than that in Australia - it's painful in the short term, but they do cope. And then, you move on and then you forget about it and you just look at that giant figure on your KiwiSaver statement." LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

4 jul 20266 min