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Hospitality booms, retail spending sluggish

  • Opinion
  • January 31, 2017
  • Satish Ranchhod
Hospitality booms, retail spending sluggish
Image: Kerryn Smith

Over the past year, spending by New Zealand households grew by 2.7 percent (excluding the effects of price changes). Westpac senior economist Satish Ranchhod breaks down what’s driving this.

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Data dump: Retailers expect good things from 2017

  • News
  • December 16, 2016
  • Sarah Dunn
Data dump: Retailers expect good things from 2017

Reports measuring everybody’s expectations for the coming Christmas and new year are starting to trickle in, and the news is likely to put a smile on retailers’ faces.

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Household debt levels soar

  • Opinion
  • July 13, 2016
  • Satish Ranchhod
Household debt levels soar
Image: Kerryn Smith

Household debt levels are now higher than before the Global Financial Crisis. Westpac senior economist Satish Ranchhod foresees these debt levels leading to an eventual reduction in spending.

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Social scoreboard

Zavy and The Register have worked together to create a scoreboard that compares how the top 25 traditional media advertising spenders in New Zealand have performed on social media over the past 30 days, updated in real time.

 
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Retailers face major competition in time of growth

  • News
  • June 21, 2016
  • Jenny Keown
Retailers face major competition in time of growth

Retail and hospitality small to medium sized businesses are growing at a faster pace than other sectors in the SME space, yet with that comes extreme competitive pressure. Of the retail and hospitality SMEs surveyed for the MYOB Business Monitor, 44 percent experienced a jump in revenue in the year to March 2016, compared to the national average of 37 percent.

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Slick initiatives lifting Briscoe’s margin

  • Opinion
  • May 10, 2016
  • Warren Head
Slick initiatives lifting Briscoe’s margin

Spending power has improved for the Kiwi consumer over the past year with interest rates at record low levels. Business commentator Warren Head picks apart the factors affecting retail shoppers, and takes a look at how Briscoe Group has remained so competitive.

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