Wage growth is expected to have ticked up only modestly so far this year pointing to lower inflation and potentially prompting the Reserve Bank to cut the official cash rate as early as next week.
The country's trade deficit has narrowed but still remains at high levels, Air New Zealand's gas turbines business has signed a contract to service United States Navy turbines, worth more than 17-million US dollars.
Reports that Britain is going to let telcos use China's Huawei equipment in 5G mobile networks has given some hope to telecommunications provider Spark that it can use the equipment here.