NZ HARDWARE JOURNAL

Jan

20

2022

BUILDING RISK INCREASES (AS USUAL) AT YEAR-END

CreditWorks' latest numbers record slight end-of-year risk increases for Residential and Commercial Construction.

Find out more here

Jan

19

2022

DECEMBER CARD SPENDING FLAT AFTER BIG NOVEMBER

But card spending for the month at furniture, electrical & hardware retailers is +10% on Dec 2020.

Go straight to the stats

Jan

18

2022

BUSINESS UNCERTAINTY LEADS TO CAUTION

Latest QSBO: cost escalations make for pessimism in building sector, despite solid pipeline of work.

Go straight to the announcement

Jan

13

2022

NOVEMBER CONSENTS HIT ALL-TIME HIGH

November's consent volume is largest ever, residential YTD was +29% by value, non-residential +16.7%.

Go straight to the stats

Dec

15

2021

HOUSEHOLD DEBT LEVEL HITS 20-YEAR HIGH

Disposable incomes will be "constrained" due to high levels of debt tied up in housing, higher interest levels.

Go straight to the report (PDF)

Dec

15

2021

CONCRETE SUSTAINS GROWTH DESPITE LOCKDOWNS

Level 4-impacted September 2021 quarter was 13% down on 2020 but production YTD is +10.4%.

Go straight to the stats (PDF)

Dec

10

2021

OUR DECEMBER 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's December 2021 Digital Edition is live to read online, download and share, free of charge.

Read our December Digital Edition

Dec

10

2021

IMPACT OF LOCKDOWNS LESS THAN EXPECTED?

September 2021 quarter's construction sales are 3% down on 2020 but still 5.6% up on 2019.

Go straight to the announcement

Dec

10

2021

NO SHORT TERM END TO SUPPLY CHAIN WOES

Freight cost increases will filter down to consumers, construction and retail to be most impacted by disruptions.

Go straight to the ASB report (PDF)

Dec

08

2021

RESIDENTIAL CONSENTS TO PEAK IN TWO YEARS?

Construction Pipeline Report: detached dwelling consents to peak in 2023, multi-units in 2022.

Go straight to the report

Nov

25

2021

SIGNS OF STRESS IN RESIDENTIAL CONSTRUCTION

Credit Managers be warned: October risk data confirms that building sector cashflows are showing signs of stress.

Find out more here

Nov

23

2021

HARDWARE/BUILDING SUPPLIES SPEND FALLS 15%

Auckland lockdown means overall September 2021 quarter spending "fell significantly", only supermarkets gain.

Go straight to the stats

Nov

15

2021

OUR NOVEMBER 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's November 2021 Digital Edition is now live to read online, download and share, free of charge.

Read our November Digital Edition

Nov

03

2021

AUSSIE BUILDING APPROVALS DIVE AFTER AUGUST REBOUND

September Building approvals are down across the board by value. Big growth however for dwellings excluding houses.

Go straight to the stats

Nov

02

2021

RISE IN MULTI-UNIT CONSENTS CONTINUES

Multi-unit consents were +40% by volume in YTD September 2021, standalone houses consented +15%.

Go straight to the stats

Oct

27

2021

BORROWING COSTS KEY TO CONSTRUCTION RISK

Sector risk may magnify if borrowing costs become an issue for those who have over-extended themselves.

Read our story

Oct

15

2021

OUR OCTOBER 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's October 2021 Digital Edition is now live to read online, download and share, free of charge.

Read our October Digital Edition

Sep

30

2021

BUILDING INDUSTRY FACING TOUGH END OF YEAR?

The building industry may well continue to struggle with debt and risk, "at least through to Xmas".

Read our story

Sep

30

2021

AUGUST CONSENTS SET MORE NEW RECORDS

August's residential consent value is $1.9b, non-residential $785m with the total +28.5% on Aug 2020.

Go straight to the stats

Sep

23

2021

CONCRETE PRODUCTION AT ALL-TIME HIGH

Stats show the usual June quarter uptick as overall production reaches an all-time high at 1.2m cubes.

Go straight to the stats (PDF)

Sep

15

2021

OUR SEPTEMBER 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's September 2021 Digital Edition is now live to read online, download and share, free of charge.

Read our September Digital Edition

Aug

31

2021

LATEST LOCKDOWN WILL IMPACT INDUSTRY DEBT

The latest lockdown is "likely to have a significant impact on debt in the coming months."

Read our story

Aug

31

2021

NZ CONSENTS CONTINUE AT ELEVATED LEVELS

July is the fourth month this year that residential consents have surpassed 4,000 units.

Go straight to the stats

Aug

31

2021

AUSTRALIAN DWELLING APPROVALS FALL AGAIN

Australian volumes fall for the fourth consecutive month as stimulus measures end and lockdowns return.

Go straight to the stats

Aug

11

2021

OUR AUGUST 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's August 2021 Digital Edition is now live to read online, download and share, free of charge.

Read our August Digital Edition

Jul

30

2021

RECORDS BROKEN AGAIN IN JUNE CONSENTS

Multi-unit homes accounted for 45% of all new homes consented in YTD June 2021, +36% on 2018.

Go straight to the stats

Jul

26

2021

COMMERCIAL CONSTRUCTION BUCKS POSITIVE TREND

The promise of construction work in the near future looks to be continuing at a high level, but what is the current outlook in terms of risk?

Read our story

Jul

19

2021

OUR JUNE-JULY 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's June-July 2021 Digital Edition is live to read online, download and share, free of charge.

Check it out here

Jul

09

2021

OUR JUNE-JULY 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's June-July 2021 Digital Edition is now live to read online, download and share, free of charge.

Read our June-July Digital Edition

Jun

22

2021

HIGH INDUSTRY DEBT LEVELS NOT A WORRY

Our latest exclusive data indicate no real increase in risk in and around the hardware channel, despite high levels of ongoing activity making for growing debt levels.

Read our story

Jun

10

2021

GROWTH OVERALL IN MAY CARD SPENDING

May furniture, electrical & hardware spending growth moderates to +6.7% after April's big rebound on lockdown low.

Go straight to the stats

Jun

04

2021

BUILDING VALUE FALLS IN YTD MARCH 2021

YTD March 2021, the value of all building work put in place is negative 1.1% but the March quarter is +13% on 2020's low.

Go straight to the stats

Jun

04

2021

EFFECTS OF COVID-19 STILL BEING FELT

Two-thirds of new home builds negatively impacted by materials and equipment issues, Auckland especially.

Go straight to the stats

Jun

02

2021

DOUBLE DIGIT ONLINE SPENDING GROWTH IN 2020

Total online spending reached almost $6 billion last year, +25% on 2019, with fully 11% of all retail transactions going online.

Read our story

Jun

01

2021

ELEVATED CONSENT NUMBERS CONTINUE IN APRIL

Dwelling consents remain at a very high level compared to all previous years, big growth in multi-units continues.

Go straight to the stats

May

27

2021

IS RISK SWINGING TOWARDS HOME BUILDERS?

What does a very high level of (slightly) aged debt, combined with a very slightly deteriorated risk profile in Residential Construction tell us?

Read our story here

May

24

2021

BIG MARCH QUARTER FOR BUILDING SUPPLIES

Hardware, Building & Garden Supplies had the largest Q1 dollar increase (+5.6%) after a 0.6% fall in the Dec 2020 quarter.

Go straight to the stats

May

14

2021

OUR MAY 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's May 2021 Digital Edition is now live to read online, download and share, free of charge.

Read our May Digital Edition

May

14

2021

CONSTRUCTION COSTS "SURGE" IN Q1 2021

Growth in Q1 2021 construction costs trebled compared to Q4 2020, according to Core Logic's latest CHIP report and may continue to inflate.

Go straight to the stats

May

11

2021

APRIL SPENDING RETURNS TO 2019 LEVELS

Electronic card spending at Furniture, Electrical & Hardware retailers is +415% on 2020's lockdown low.

Go straight to the stats

May

06

2021

CONSENTS SURPASS 41,000 HOMES FOR THE YEAR

March residential consents take the year to date past 41,000 for the first time ever; the previous high was 40,025 in 1974.

Go straight to the stats

May

06

2021

RISING COSTS MAY PUSH RETAIL PRICES UP

An almost 30% gain in March sales is off a very low base, warns Retail NZ, adding that rising costs may push prices up.

Go straight to the stats

Apr

27

2021

GENERAL IMPROVEMENT IN MARCH RISK DATA

Our latest data from CreditWorks confirms a general feeling that debt repayment has improved across the board.

Read our story

Apr

21

2021

LATEST CPI: HOUSING, TRANSPORT PRICES RISE

The price of building a new home is up 3.5% in YTD March 2021, the biggest annual increase since June 2019.

Go straight to the stats

Apr

13

2021

BUILDING, RETAIL BUCK LATEST CONFIDENCE GAINS

The building sector is now less positive in its economic outlook; supply chain issues and labour shortage spike the key reasons.

Go straight to the announcement

Apr

13

2021

HOME IMPROVEMENT SPENDING STAYS STRONG

March 2021 spending for furniture, electrical & hardware retailing is +17% on March 2020, but flat for core retail.

Go straight to the stats

Apr

09

2021

OUR APRIL 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's April 2021 Digital Edition is now live to read online, download and share, still free of charge.

See our April Digital Edition

Apr

08

2021

STRONG MARCH FOR SOME RETAILERS

Retail NZ'S March 2021 Sales Index shows average retail sales per site +30% on last year but not all retailers are showing positive.

Go straight to the stats (PDF)

Mar

30

2021

RESIDENTIAL VOLUME FALLS IN FEB CONSENTS

Feb residential value however is +3.4%, while non-residential rebounds to +24.5% taking total value to +10.7%.

Go straight to the stats

Mar

25

2021

OUR MARCH DIGITAL EDITION IS LIVE & FREE TO READ

To keep up to date with the industry, you can read, share and download our March 2021 Digital Edition, free of charge.

Check it out here

Mar

25

2021

RISK IS GROWING FOR COMMERCIAL CONSTRUCTION

Our February 2021 data reveals further deterioration in the risk profile of commercial construction.

Read our story

Mar

10

2021

RISING COSTS INFORM BUSINESS CONFIDENCE

Is March dip in construction confidence about "noise, supply disruption and eye-watering cost increases, or something else?"

Go straight to the findings

Mar

10

2021

HARDWARE GROWS AMID FEBRUARY SPENDING FALL

Core retail card spending fell by 2.3% but Furniture, Electrical & Hardware Retailing was +9.1%.

Go straight to the stats

Mar

09

2021

SEPTEMBER, DECEMBER QUARTERS RETRIEVE 2020

Strong growth in Sept and Dec 2020 quarters for construction sales but the year is all but flat.

Go straight to the stats

Mar

05

2021

OUR MARCH 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's March 2021 Digital Edition is now live to read online, free of charge.

See our March Digital Edition

Mar

05

2021

SUPPLY-SIDE ISSUES STYMIE AUCKLAND BUILDERS

Elsewhere, says Stats NZ, the impact of COVID-19 on building appears to have dropped in the Dec 2020 quarter.

Go straight to the stats

Mar

05

2021

AUCKLAND BUILDING WORK NEGATIVE IN DEC QUARTER

Dec 2020 quarter Value of Building Work put in Place: total is +2.7%, residential +8.1% and non-residential -6.7% on Dec 2019 quarter.

Go straight to the stats

Mar

03

2021

JAN MONTH CONSENTS POSITIVE BUT NOT FOR YTD

January 2021's value of all consents (incl adds & alts) is +11.8% but just +1.6% for YTD January 2021.

Go straight to the stats

Mar

03

2021

HOUSES SHRINK IN 2020 - BUT NOT BY MUCH

Median floor area of a new home consented in 2020 was 144m2, down from 148m2 in 2019 and 2012's peak of 191m2.

Go straight to the stats

Feb

23

2021

PASSION FOR HOME IMPROVEMENT CONTINUES

Hardware, building & garden supplies spending is $388 million (+16%) in the December quarter, with volume growth close behind (+15%).

Go straight to the stats

Feb

17

2021

COMMERCIAL CONSTRUCTION RISK DETERIORATES

Our exclusive data from CreditWorks reveals further deterioration in the risk profile of commercial construction.

Find out more here

Feb

16

2021

ONLINE SPENDING GROWS 25% WITH MORE TO COME

NZ Post says Kiwis' online spending may have surged but it is still only 11% of total retail spending.

Go straight to the stats

Feb

11

2021

DURABLES STRONG IN FLAT JANUARY SPENDING

ECTs see normal Jan dive but growth continues for furniture, electrical & hardware (+17% on Jan 2020).

Go straight to the stats

Feb

10

2021

ANOTHER SURGE IN AUSSIE ADDS & ALTS

The December value of additions & alterations grew again as Australian non-residential approvals yo-yo.

Go straight to the stats

Feb

05

2021

OUR FEBRUARY 2021 DIGITAL EDITION IS LIVE

NZ Hardware Journal's February 2021 Digital Edition is now live to read online or download.

See our February Digital Edition

Feb

04

2021

POSITIVE YEAR-END TO BUILDING CONSENTS

Another rebound in Dec consents: residential value +26%, non-residential +16%, all buildings +25%.

Go straight to the stats

Jan

25

2021

HAVE YOU READ OUR DEC-JAN DIGITAL EDITION?

News, views, industry insights and more - our Dec 2020-Jan 2021 Digital Edition is still free to read online or download.

Check it out here

Jan

20

2021

STRESS AHEAD FOR COMMERCIAL CONSTRUCTION

Our latest CreditWorks data indicates further stress ahead for the Commercial Construction sector’s cashflow.

Find out more here

Jan

19

2021

SPENDING ON DURABLES +6.7% IN DEC 2020 QUARTER

Overall increase in December 2020 quarter spending was driven by groceries, furniture, electrical and hardware.

Go straight to the stats

Jan

14

2021

YTD CONSENT VALUE FLAT DESPITE NOVEMBER REBOUND

November 2020 consents by value: residential +17% on Nov 2019; non-residential +9%; all +16%.

Go straight to the stats

Jan

13

2021

2020 CORE RETAIL SPENDING ALMOST FLAT

2020's Core Retail spending through Paymark was just 0.1% up on 2019 but some retailers saw a stronger finish to the year.

Go straight to the stats

Dec

10

2020

DURABLES LEAD GROWTH IN NOV CARD SPENDING

November spending on durables was strong again with Furniture, Electrical & Hardware Retailing +19% on Nov 2019.

Go straight to the stats

Dec

04

2020

SEPT QUARTER VALUE OF BUILDING WORK REBOUNDS

The value of residential building work put in place turns positive again after two negative quarters.

Go straight to the stats

Dec

03

2020

NON-RESIDENTIAL DRAGS ON OCTOBER CONSENTS

October's total consents are +0.6% by value, dwellings +3.8% but non-residential is negative 18% on October 2019.

Go straight to the stats

Dec

01

2020

WILL NOVEMBER'S RETAIL SPENDING BOOM CONTINUE?

Sales Index shows spending at Retail NZ members was +25.7% on Nov 2019 - but is it sustainable?

Go straight to the stats

Nov

23

2020

HAVE YOU READ OUR NOVEMBER DIGITAL EDITION?

A reminder that our November 2020 Digital Edition is still available to read, share and download, free of charge!

Check it out here

Nov

23

2020

BIG QUARTER FOR RETAIL BUT YTD STILL MARGINALLY NEGATIVE

Hardware, Building & Garden Supplies sales value is +16% among strong September quarter retail gains says Stats NZ.

Go straight to the stats

Nov

13

2020

OUR NOVEMBER 2020 DIGITAL EDITION IS NOW LIVE

In advance of NZ Hardware Journal's print edition, our November 2020 Digital Edition is now live to read online or download.

Check it out here

Nov

10

2020

CORE RETAIL SPENDING +10.3% IN OCTOBER

Strongest growth was in electronic card spending on furniture, electrical & hardware retailing (+20%).

Go straight to the stats

Nov

02

2020

CONSENT DATA CONTINUES TO BE CHANGEABLE

September numbers look good but the quarterly numbers may be a better measure of recovery from lockdown...

Go straight to the stats

Nov

02

2020

RETAIL SPENDING "SLIGHTLY AHEAD OF LAST YEAR"

But resurgent spending post-lockdown does not mean retailers are safe from potential future pandemic impacts.

Go straight to the announcement

Oct

21

2020

OUR OCTOBER 2020 DIGITAL EDITION IS NOW LIVE

In advance of NZ Hardware Journal's print edition, our October 2020 Digital Edition is now live to read online or download.

Check it out here

Oct

20

2020

BUSINESS CONFIDENCE IMPROVED SAYS NZIER

NZIER says building is now the most buoyant business sector, while other sectors remain cautious about the economic outlook.

Go straight to the announcement

Oct

13

2020

RETAIL BOUNCES BACK IN SEPTEMBER SPENDING

Durables (furniture, hardware, appliances, recreational goods) are +19% in September's electronic card spending.

Go straight to the stats

Oct

13

2020

ONLINE SPENDING GROWTH FALLS FROM AUGUST HIGH...

But it's still growing: total September online spending was +17% on last year and +52% on Furniture, Housewares & Hardware.

Go straight to the stats

Oct

02

2020

RETAIL CONFIDENCE YO-YOS, MARKET REMAINS FRAGILE

Retail NZ says retailers are currently growing in confidence about the next 12 months but signals this could change.

Go straight to the stats

Sep

30

2020

AUGUST WAS A HIGH FOR HIGHER DENSITY HOUSING

Value of August residential consents is down on 2019 but yo-yoing non-residential keeps total consent value positive.

Go straight to the stats

Sep

17

2020

OUR SEPTEMBER 2020 DIGITAL EDITION IS NOW LIVE

In advance of NZ Hardware Journal's print edition, our September 2020 Digital Edition is now live to read online or download.

Check it out here

Sep

15

2020

AUGUST LOCKDOWN REBOOTS ONLINE SPENDING

August online spending is +27% on 2019, but Furniture, Housewares & Hardware sees biggest boost (+93%!).

Go straight to the stats

Sep

04

2020

VALUE OF BUILDING WORK FALLS BY A QUARTER

Lockdown led to a 24% crash in the total value of building work put in place in the June 2020 quarter compared to 2019.

Go straight to the stats

Sep

02

2020

CONSENT VOLUME AND VALUE DIP INTO NEGATIVES

July residential numbers stay positive but the overall value YTD goes into negative growth.

Go straight to the stats

Aug

25

2020

AUSTRALIA SEES 3.3.% RETAIL REBOUND IN JULY

The value of Aussie retail spending rose everywhere except Victoria in July; household goods among the key drivers.

Go straight to the stats

Aug

24

2020

STARK REALITY OF JUNE QUARTER RETAIL SPENDING

The value of spending in hardware, building & garden supplies fell by 16%, with total retail down an "unprecedented" 19%.

Go straight to the stats

Aug

20

2020

OUR AUGUST 2020 DIGITAL EDITION IS NOW LIVE

The August 2020 Digital Edition of NZ Hardware Journal is now live to read online or download.

Find out what's inside here

Aug

19

2020

KIWIS' HOME FOCUS ... STAYS IN FOCUS

Homeware & hardware spending boom (+44%) features again in w/e 9 August, immediately pre-Alert Level 3/2 lockdown.

Go straight to the stats

Aug

14

2020

CONSUMER SPENDING GROWTH SLOWS

Retail spending growth for w/e 2 August slowed to +5.5%, hottest growth categories are both indoors and outdoor focused!

Go straight to the stats

Aug

14

2020

HOME SPENDING STARS IN JULY ONLINE STATS

July online spending on Furniture, Housewares & Hardware was +42% compared to just +2.8% overall.

Go straight to the stats

Aug

11

2020

ELECTRONIC CARD SPENDING WAS +13% IN JULY

Electronic card transactions in core retail +13%, spending on hardware, furniture & electricals +25%.

Go straight to the stats

Jul

30

2020

BIG GROWTH IN JUNE CONSENTS BUT YTD IS FLAT

Total consent value for YTD June is flat, despite double-digit increases in the month's consent values.

Go straight to the stats

Jul

27

2020

SPENDING +12% BY VALUE AS SCHOOL HOLS END

Sports & camping, Liquor and Clothing retail see the highest spending growth in w/e 19 July.

Go straight to the stats

Jul

20

2020

SCHOOL HOLIDAYS DRIVE SPENDING BOOST

Spending was +13% in week 1 of the school hols (w/e 12 July) and it's not all "staycation" spending either.

Go straight to the stats

Jul

17

2020

OUR JULY 2020 DIGITAL EDITION IS NOW LIVE

The July 2020 Digital Edition of NZ Hardware Journal is now live to read online or download.

Check it out here

Jul

17

2020

MAY WAS PEAK FOR COVID-19 ONLINE SPENDING

June growth is down on May but June's Furniture, Housewares & Hardware spending online is still +50% on June 2019.

Go straight to the stats

Jul

10

2020

ANOTHER BIG REBOUND FOR DURABLES IN JUNE

Post-lockdown spending on furniture, hardware, appliances & recreational goods is +24% on June 2019.

Go straight to the stats

Jul

07

2020

JUNE SPENDING'S BIG BOOST, BUT YTD STILL LAGS BEHIND

Retail NZ says June 2020 spending grew more than expected; retailer confidence is also improving.

Go straight to the new Retail Radar

Jul

06

2020

VALUE OF TRANSACTIONS CONTINUES TO CLIMB

Spending per transaction continues to grow in w/e 28 June; whiteware, furnishings, outdoors are the week's star gainers.

Go straight to the stats

Jul

01

2020

CONSENTS REBOUND FROM APRIL LOW BUT ARE STILL DOWN ON 2019

May 2020 values are all down on 2019: residential -4.9%, non-residential -5.5%, overall -3.4%.

Go straight to the stats

Jun

22

2020

RETAIL WELCOMES LEVEL 1 SPENDING BOOST

Spending spiked as we moved to Alert Level 1 with value +9.2% for w/e 14 June and transactions +1.2%.

Go straight to the stats

Jun

22

2020

OUR MAY-JUNE 2020 DIGITAL EDITION IS LIVE

Don't forget that the May-June 2020 Digital Edition of NZ Hardware Journal is now live to read, share & download.

Check it out here

Jun

17

2020

MAY LOCAL ONLINE SPENDING +93% (SLIGHTLY UP ON APRIL)

Most growth was seen in the small Furniture, Housewares & Hardware sector (+136% on May 2019!).

Go straight to the stats

Jun

15

2020

HOME, RECREATION STILL DRIVING SPENDING

Hardware & Homeware spending was +37.1% in week ending 7 June, the final week of Alert Level 2.

Go straight to the stats

Jun

11

2020

DURABLES REBOUND AS OVERALL SPENDING FALLS

May's electronic card spending on durables (incl. hardware) was +9.3% on May 2019 after April's lockdown low.

Go straight to the stats

Jun

10

2020

OUR MAY-JUNE 2020 DIGITAL EDITION IS NOW LIVE

The May-June 2020 Digital Edition of NZ Hardware Journal is now live to read, share and download.

Check it out here

Jun

08

2020

VALUE OF ACTUAL BUILDING WORK YTD STAYS POSITIVE

YTD March 2020's actual value of building work is $25.2 billion, +6.6% on YTD March 2019.

Go straight to the stats

Jun

05

2020

LOCKDOWN BOOSTS LOCAL ONLINE SPENDING

April's online spending is +47.3%, includes big lift for local Furniture, Housewares & Hardware (+70%).

Go straight to the stats

Jun

05

2020

RETAIL OUTLOOK "GRIM", GOVT SUPPORT REQUIRED!

Retail NZ: less than 40% of retailers are confident that they'll survive the current spending deficit.

Go straight to June's Retail Radar

Jun

02

2020

NO SURPRISE: LOCKDOWN HAMMERS APRIL MONTH CONSENTS

April YTD residential value is still positive (+5.6%), but non-residential drops 13% with total value marginally negative (-0.7%).

Go straight to the stats

May

29

2020

HURRAH - SPENDING +13% IN FIRST FULL WEEK OF LEVEL 2

Sports & Camping, Appliances, Department Stores see biggest post-lockdown spending rebound w/e 24 May.

Go straight to the stats

May

28

2020

APRIL JOBSEEKER SUPPORT CLAIMS +20% ON MARCH

Locked down April saw a rise of 30,000 claims on the Government’s Jobseeker Support benefit.

Go straight to the stats

May

28

2020

BANKS KEY TO ECONOMIC RECOVERY SAYS RBNZ

Banks need to use good capital, liquidity buffers to "support customers and contribute to the economic recovery".

Go straight to the report

May

26

2020

NEW DASHBOARD OFFERS SPENDING INSIGHTS

New Paymark-TRA dashboard to 24 May shows consumer spending continuing to rebound.

Go straight to the stats

May

26

2020

SPENDING SURGES WITH MOVE FROM LEVEL 3 TO LEVEL 2

First days of L2 (w/e 17 May), spending is +53% on the previous week, with transaction volumes +46%.

Go straight to the stats

May

22

2020

HARDWARE STAYS STRONG IN MARCH QUARTER

Sales by volume and value held up well for Hardware, Building & Garden Supplies in the March 2020 quarter.

Read our story

May

18

2020

SPENDING REBOUNDS SLIGHTLY IN LAST FULL WEEK OF L3

Spending is +1.5% in week ending 10 May, compared to the previous week. Spend at supermarkets and dairies dropped 1.6%.

Go straight to the stats

May

11

2020

SPENDING GREW BY 25% AS WE MOVED FROM L4 TO L3

Spending for w/e 3 May, having shifted from L4 to L3, grew by 25% on the previous week, thanks to takeaways!

Go straight to the stats

May

11

2020

DURABLES LEAD DROP IN APRIL SPENDING

The value of April 's spending on furniture, electrical & hardware fell by 73% on March. The drop in core retail was negative 44%.

Go straight to the stats

May

05

2020

MARCH CONSENTS DIP BY VOLUME AND VALUE

The value of all March 2020 consents fell by 15.5% on March 2019 but total value YTD remains +5%.

Go straight to the stats

May

04

2020

SPENDING SOFTENED FURTHER IN LAST WEEK OF LEVEL 4

Probably anticipating the relative freedom of Level 3, spending softened even more in w/e 26 April, in FMCG too.

Go straight to the stats

Apr

28

2020

SOME SIGNS OF ACTIVITY IN WEEK 3 OF LEVEL 4

Spending for w/e 19 April (calendar week 3 of Level 4) was +0.8%, with transactions +6.9% on prior week.

Go straight to the stats

Apr

28

2020

PRE-LOCKDOWN SPENDING SPIKES AT LOCAL WEBSITES

Local online spend +24% in March, well up from +10% in Feb, but online Hardware, Furniture & Housewares flat.

Go straight to the stats

Apr

15

2020

RISK AVERSE - WHO ISN'T? CREDITWORKS ADDS RISK SPREAD REPORT

CreditWorks' new Debtor Risk Spread report shows risk distribution by debtor number, $ value, proportionate debt in risk bands.

Go straight to the announcement

Apr

14

2020

SPENDING CRASHES IN FIRST FULL WEEK OF NZ LOCKDOWN

Spending stats for w/e 5 April show almost 50% drop in spending value. Bigger, less frequent shopping trips the new norm?

Go straight to the stats

Apr

09

2020

"TOLERANCE WILL BE REQUIRED"

CreditWorks' Feb 2020 DSO & debt stats show some positives following a tough January but March is less easy to predict.

Read our story

Apr

09

2020

NO SURPRISES IN MARCH CARD SPENDING NUMBERS

Stats NZ: March 2020 spending in the core retail industries fell 1.5% ($75 million) compared to Feb 2020.

Go straight to the stats

Apr

08

2020

HAVE YOU HEARD THE (HARD) NEWS?

Stay in touch with NZ Hardware Journal's Hard News, our free, fortnightly industry e-newsletter!

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Apr

03

2020

SPENDING IN WEEK ENDING 29 MARCH A GAME OF TWO HALVES

Spending pre-lockdown was massive for Hardware & Homeware (+208.5%), Appliances (+191%), but overall spending post-lockdown fell by 18%.

Go straight to the stats

Mar

27

2020

STATS STATE THE OBVIOUS: BULK BUYING SPIKED PRE LEVEL 4

Stats confirm that Kiwis' bulk buying ramped up in w/e 20 March: spend was +59% on FMCG, +45% on home office set-up.

Go straight to the stats (PDF)

Mar

23

2020

LATEST SPENDING GROWTH FOCUSES ON FOOD

Spending +4.7% in w/e 15 March, with food retailers experiencing most growth as consumers stock up.

Go straight to the stats (PDF)

Mar

16

2020

PHARMA SEES BIGGEST SPENDING GROWTH

As COVID-19 impacts w/e 8 March spending, hardware is also boosted almost as much as groceries.

Go straight to the stats

Mar

13

2020

OUR MARCH 2020 DIGITAL EDITION IS NOW LIVE

Stuck at home? The March 2020 Digital Edition of NZ Hardware Journal is now live to read, share and download.

Check it out here

Mar

09

2020

MORE POSITIVES FROM LATEST VALUE OF BUILDING WORK STATS

YTD Dec 2019, the national value of all building work put in place was $25.4 billion, +12% on the previous year.

Go straight to the stats

Mar

09

2020

CORONAVIRUS ADDS TO HARDWARE SPENDING BOOST?

Hardware & Homeware spending was +25.2% in w/e 1 March, "perhaps explaining the run on N95 masks".

Go straight to the stats

Mar

04

2020

JAN CONSENT VALUE FALLS BUT DWELLINGS DRIVE POSITIVE YTD

January's total value of consents is negative (-4.7%) but total value YTD stays positive (+8%).

Go straight to the stats

Mar

04

2020

FOREIGN CARD PAYMENTS GROW DESPITE CORONAVIRUS EFFECT

Total foreign-issued credit card payments were up in Jan and in Feb, despite drop in Chinese spending.

Go straight to Paymark's stats

Feb

27

2020

JAN ONLINE SPEND FALLS THANKS TO SWITCH FROM OVERSEAS SITES

Excluding Food and Liquor, annual online spending is now equivalent to 11% of NZ retail sales.

Go straight to the stats

Feb

24

2020

DEPARTMENT STORES, FMCG BIG LOSERS IN RETAIL TRADE SURVEY

Sales volume falls but value grows for Hardware, Building & Garden Supplies in Dec quarter RTS.

Go straight to the stats

Feb

24

2020

BIGGEST GAINS IN SPENDING ON APPLIANCES, BOOZE, THE GREAT OUTDOORS

Plus, thanks to his Napier concert, Elton John singlehandedly boosts booze spending in Hawke's Bay...

Go straight to the stats

Feb

17

2020

SEESAW PATTERN CONTINUES AS SPENDING REBOUNDS AGAIN

Hardware & Homeware spending was among the top growth categories in w/e 9 February.

Go straight to the stats

Feb

12

2020

HONEY, I SHRUNK THE HOUSE - CONSENTS SHOW REDUCING FLOOR AREA

Average dwelling floor area shrinks again, by over 20% in 2019, and it's not just thanks to multi-unit boom.

Go straight to the stats

Feb

10

2020

SPENDING SWITCHES AWAY FROM BIG TICKET ITEMS

Spending for w/e 2 Feb switches from big ticket items (eg hardware & homeware) to sports and takeaways!

Go straight to the stats

Feb

04

2020

MORE GROWTH AHEAD - CONSENTS FOR THE 2019 YEAR RELEASED

December building consents from Stats NZ hold the promise of further growth for the coming year.

Read our story

Feb

03

2020

KIWIS SPEND UP ON THEIR HOMES OVER JANUARY HOLIDAY WEEKENDS

Led by Wellington, Hardware & Homeware spending is +11.8% nationally for week ending 26 January.

Go straight to the stats (PDF)

Feb

03

2020

LOOK OUT, JANUARY'S COMING – VIGILANCE RECOMMENDED

The latest stats on debt and DSOs from CreditWorks Data Solutions indicate another tight January.

Read our story

Jan

28

2020

SPENDING SPIKES ON HOME, BIG TICKET ITEMS

W/e 19 Jan good for spending in Furniture & Flooring, Appliances and Hardware & Homeware.

Go straight to the stats (PDF)

Jan

20

2020

HARDWARE SPENDING REBOUNDS IN JANUARY

Week ending 12 January rebounds for Hardware & Homeware (+7.5%) thanks to stay-at-home spenders.

Go straight to the stats

Jan

16

2020

DURABLES DOWN IN DECEMBER'S ELECTRONIC CARD SPENDING

Spending on hardware, furniture & appliances fell in December after a "very strong" November.

Go straight to the stats

Jan

14

2020

NOVEMBER CONSENT VALUES DIP INTO THE NEGATIVE

November's residential value marginally up, non-residential is negative 23%, overall negative 8.8%.

Go straight to the stats

Dec

11

2019

CARD SPENDING BOUNCES BACK IN NOVEMBER

November spending in hardware and department stores (durables) bounced back, says Stats NZ.

Go straight to the stats

Dec

11

2019

TREASURY: NZ ECONOMY SLOWING BUT STILL GROWING

Treasury says the NZ "economy is experiencing a period of slower, but still solid, economic growth".

Go to Treasury's Update

Dec

09

2019

BLACK FRIDAY 2019 BOOSTS SPENDING BY ALMOST 17%

Bargains on appliances (+117%), at department and outdoor stores dominated spending for w/e 01 December.

Go straight to the stats (PDF)

Dec

05

2019

SEPT VALUE OF BUILDING WORK PUT IN PLACE RELEASED

YTD Sept 2019, residential building work is +9.3%, non-residential rebounds from June quarter to +16%.

Go straight to the stats

Dec

04

2019

TOTAL ONLINE SPENDING +8% IN OCTOBER

October online spending increase the same as September's; what will Black Friday/Cyber Monday bring?

Go straight to the stats (PDF)

Dec

02

2019

LATER BLACK FRIDAY MEANS SPENDING DOWN ON 2018

Spending is down 7.4% for w/e 24 November thanks mainly to Black Friday falling later this year.

Go straight to the stats (PDF)

Dec

02

2019

STANDALONE HOUSES MAKE COMEBACK IN OCTOBER

Consents by value for YTD October 2019: residential +11%; non-residential +12%; overall +11%.

Go straight to the stats

Dec

02

2019

CORE RETAIL SPENDING +22.5% ON BLACK FRIDAY 2019

Spending surged last week but the Thursday before Easter 2019 remains NZ retail's biggest day.

Go straight to the stats

Nov

26

2019

SEPTEMBER QUARTER SPENDING VALUE +1.4%

Despite falling prices, electrical & electronic goods saw the most growth in spending for the quarter.

Go straight to the stats

Nov

25

2019

SPENDING SHOWING SIGNS OF "RETAIL FATIGUE"?

Spending on appliances and at department stores still appears to have benefitted from Singles Day.

Go straight to the stats

Nov

18

2019

HOUSE PRICES DRIVING HOME IMPROVEMENTS

W/e 10 Nov stats suggest homeowners and renters are staying put and spending more on where they live.

Go to the stats

Nov

11

2019

DURABLES SUFFER AS OCTOBER CARD SPENDING DIPS

Biggest falls were in durables: hardware; appliances; department stores; and pharmaceuticals.

Go straight to the stats

Nov

08

2019

BARGAIN HUNTING INFORMS LABOUR DAY SPENDING

But Hardware & Homeware spending over Labour Weekend 2019 was down 4.27%.

Go straight to the stats (PDF)

Nov

05

2019

STRONG GROWTH IN LOCAL ONLINE SPENDING

September's online spending is +8%, local online +15% but international online spending is down 1%.

Go straight to the stats (PDF)

Oct

31

2019

"'SAME AS" FOR SEPTEMBER DEBT AND DSOS

The stats for September from CreditWorks paint a picture of payments and debt that’s consistent with recent years.

Read the story

Oct

31

2019

MULTI-UNIT DWELLINGS CONTINUE TO INFORM CONSENTS

YTD September consent values all positive: residential +10%; non-residential +11%; all building +11%.

Go straight to the stats

Oct

29

2019

EVERYONE WANTED TAKEAWAYS FOR RUGBY QUARTERS

Meagre spending growth for w/e 20 October is all about Takeaways and Bars, Cafes & Restaurants!

Go straight to the stats (PDF)

Oct

17

2019

SLOW Q3 FOR RETAIL BUT OUTLOOK POSITIVE FOR Q4

Retail NZ says 64% of retailers expect to meet or exceed sales targets for the last quarter of 2019.

Read the report (PDF)

Oct

14

2019

WHICH CATEGORIES WON IN SCHOOL HOLIDAY SPENDING?

Accommodation apart, appliances and non-fuel automotive spending the big winners in the w/e 6 October.

Go to the stats (PDF)

Oct

07

2019

END SEPTEMBER SPENDING ALL ABOUT CONFIDENCE?

Biggest gains in appliances, outdoors and takeaways in consumer spending for the w/e 29 Sept.

Go straight to the stats (PDF)

Sep

30

2019

BALANCE SHIFTS IN AUCKLAND DWELLING CONSENTS

August stats show standalone houses now account for less than half of all homes consented in Auckland.

Go to the stats

Sep

27

2019

RUGBY WORLD CUP INFORMS SPENDING AGAIN

More "RWC effects" as takeaways, bars & cafes and TVs dominate spending growth in w/e 22 Sept?

Go to the stats (PDF)

Sep

23

2019

RUGBY BOOSTS APPLIANCE SPENDING

Spending slows in w/e 15 September but there's still enough confidence to spend on big items.

Go to the stats (PDF)

Aug

30

2019

GROWTH REBOUNDS IN JULY CONSENT ACTUALS

July's residential consent value is +14.9%, non-residential +27.3%, total consents +18.6% on 2018.

Go to Stats NZ's figures

Aug

30

2019

BIG GROWTH FOR KIWIS' LOCAL ONLINE SPENDING

Spending at local sites is +18% while offshore online fell slightly. Online is now 8% of NZ retail spending.

Go to the BNZ's information

Aug

30

2019

AUSSIE BUILDING APPROVALS CONTINUE TO TANK

The total value of Australian building approvals has now fallen for four straight months.

Go to the ABS stats

Aug

30

2019

PROPERTY TURNOVER HIGH BUT SPENDING SLIGHTLY DOWN

W/e 25 August: Kiwis interested in spending on homes but may be holding off on larger purchases.

Go to the stats

Aug

20

2019

SALES ENCOURAGE APPLIANCE & FURNITURE SPENDING SPIKES

Spending on Appliances was +19.3%, Furniture & Flooring +6% in the week ending 11 August.

Go to the stats

Aug

12

2019

SPENDING ON LARGER DIY PROJECTS SLOWS

Spending on Homeware & Hardware for w/e 4 August slowed to +3.6% from the yearly rate of +6.3%.

Go to the stats

Aug

12

2019

SLIGHT DIP IN JULY CARD SPENDING

Durables (hardware, appliances, department stores & pharmaceuticals) were negative 0.9% in July.

Go to the stats

Aug

05

2019

JULY SPENDING "FINISHES ON A HIGH"

Sales attract spending hikes at Department Stores (+12.2%) and Appliances (+7.4%). in w/e 28 July.

Go to the report

Aug

05

2019

NZ ONLINE SPENDING GROWTH +8% OVERALL IN JUNE

June growth in local online spending (+14%) far outstrips spending growth at offshore online retail (+1%).

Go to the stats

Jul

30

2019

AUCKLAND HITS ALL-TIME ANNUAL HIGH IN JUNE CONSENTS

For the June month, national residential consent value is +6%, non-residential -5.2%, all +2.5%.

Go to the stats

Jul

22

2019

SPENDING CONTINUES FOR HOUSEPROUD KIWIS

Home spending continues: Hardware & Homeware spending +11%, Appliances +10% in w/e 14 July.

Go to the stats

Jul

15

2019

WELLINGTONIANS SPEND UP LARGE ON THEIR HOMES

Spending grew most in Hardware & Homeware (+30%) and Furniture & Flooring (+13%) in w/e 7 July.

Go to the stats

Jul

11

2019

INDUSTRY CONFIDENCE RETURNS, WITH CAVEATS

Confidence returns to pre-Election levels but concerns remain about procurement, materials & skills.

Go to the report

Jul

11

2019

LOWER FUEL PRICES MEAN JUNE SPENDING IS FLAT

June card spending is flat overall thanks to fall in fuel prices; durables (+1.7%) see largest gain.

Go to the stats

Jul

09

2019

IS THE "GST FACTOR" AFFECTING ONLINE SPENDING?

Total NZ online retail spending at local sites in May was +9%, but just +2% at international sites...

Go to the stats

Jul

02

2019

YTD MAY 2019 CONSENTS +7.2% BY VALUE

May month's residential consents are +11.3% by value, non-residential -11.1%, total consents +4.1%.

Go to the stats

Jul

01

2019

"SLOWDOWN, WHAT SLOWDOWN"?

Spending is once again home-related in w/e 23 June, with hardware & homeware +4.7%.

Go to the stats

Jun

24

2019

HOME IMPROVEMENT SPENDING STARS IN NORTH ISLAND

Biggest growth in w/e 16 June is hardware & homeware (+11.5%) and furniture & flooring (+6%).

Go to the stats

Jun

20

2019

BUILDING BOOSTS MARCH QUARTER GDP GROWTH

Construction the main contributor to GDP growth, +3.7% on top of +2.2% in the previous quarter.

Go to the stats

Jun

13

2019

"SHARP DETERIORATION" IN AUSTRALIAN RETAIL SAYS NAB

"Recent deterioration has seen conditions in the [retail] industry fall to levels not seen since the GFC".

Go to the survey

Jun

10

2019

AUCKLAND, WAIKATO DRIVE MARCH QUARTER

The March 2019 quarter's total value of building work put in place is +15.7% on 2018.

Go to the stats

Jun

10

2019

INTERIOR DESIGN PROPS UP SPENDING

Growth in spending on Furniture & Flooring (+17.8%) props up spending for the week ending 2 June.

Go to the stats

Jun

04

2019

HOMEOWNERS THE BIG SPENDERS IN SOFT MARKET

Sustained growth for Hardware & Homeware spending (+11.7%) in w/e 26 May as overall growth slows.

Go to the stats

Jun

04

2019

BIG NON-RESIDENTIAL PROJECTS SKEW APRIL CONSENTS

Residential consents are +5.7% by value, non-residential +73.7%, boosting overall value to +27.5%!

Go to the stats

May

29

2019

FEB-APRIL CONFIRMS SOFTER ONLINE SPENDING GROWTH

Spending softens at offshore sites but local sites are +11%; Furniture, Housewares & Hardware is +7%.

External link

May

22

2019

RETAIL TRADE SURVEY: HARDWARE SPENDING RECOVERS IN MARCH QUARTER

Hardware, building & garden supplies (+3%) recovers after one of the largest falls the previous quarter.

External link

May

08

2019

MARCH DEBT AND DSOS KICK OFF “RECOVERY SEASON”

DSO and debt levels for March 2019, courtesy of CreditWorks, show signs of improvement or at least stasis.

May

02

2019

NON-RESIDENTIAL DRAGS MARCH BUILDING CONSENTS DOWN

By value, March 2019 residential consents are +10.6%, non-residential -5.9% and +4.6% in total.

External link

Apr

12

2019

FUEL DRAGS ON MARCH ELECTRONIC CARD SPENDING

But for the March quarter, electronic card transactions at core retail are +1.6%, ditto for durables.

External link

Apr

12

2019

NET MIGRATION NUMBERS MAY BE SUBJECT TO CHANGE

Stats NZ says "revisions may be significant" thanks to new "outcomes-based measure", so hang fire...

External link

Apr

08

2019

"SLOWDOWN" IN MARCH QUARTER SPENDING

Paymark: March 2019 quarter spending stats show "slower growth momentum" but not everywhere.

External link

Mar

29

2019

ANOTHER STRONG GAIN IN FEBRUARY CONSENTS

Feb 2019 residential consents are +14.4% by value, non-residential +13.3% and the total value +14.1%.

External link

Mar

13

2019

NAB SURVEY'S NEGATIVE OUTLOOK FOR AUSTRALIAN RETAIL

"Little improvement on the horizon" for Aussie retail, says the NAB's latest Monthly Business Survey.

External link

Mar

11

2019

SPENDING ON DURABLES MARGINALLY DOWN IN FEB

But core retail spending was marginally up (+0.9%) in February Electronic Card Transactions.

External link

Mar

08

2019

2018'S GROWTH IN THE VALUE OF BUILDING WORK BEATS 2017

Thanks to non-residential activity, overall value growth in 2018 is up on 2017.

External link

Mar

05

2019

AUSTRALIAN RESIDENTIAL APPROVALS STILL FALLING

ABS trend data says that January's dwelling approvals fell thanks to a big fall in townhouses & apartments.

External link

Mar

01

2019

JANUARY CONSENT GROWTH STARTS YEAR OFF WITH A BANG

By value, residential consents are +26.6% on January 2018, non-residential +4.8% and overall +19.1%.

External link

Feb

28

2019

JANUARY ONLINE SPEND +11% AT LOCAL RETAILERS

Annual domestic online spending is now around $4.6 billion (ex GST), or 8% of total retail sales.

External link

Feb

25

2019

HARDWARE NEGATIVE IN DEC QUARTER'S RETAIL TRADE SURVEY!

Hardware, Building & Garden Supplies had the largest quarterly spending decrease, down 1.9% or $42m.

External link

Feb

22

2019

SPENDING LEVELS "SUSTAINED, HEALTHY"

Hardware & homeware spending is +6.9% for the week ending 17 February.

External link

Feb

18

2019

LIQUOR LEADS SPENDING SURGE

Spending bounces back with hardware & homeware +11.3% in the week ending 10 February.

External link

Feb

12

2019

JANUARY CARD SPENDING REBOUNDS AFTER DECEMBER DROP

Latest Stats NZ figures show January card spending on core retail was +2.2% and +5% on durables.

External link

Feb

08

2019

GROWTH FLATTENS FOR KEY BUILDING ACTIVITY MARKER

Ready-mixed concrete production remains high but flattened in 2018 after 6 years of growth.

External link

Feb

08

2019

TRAVEL AGENTS, HARDWARE GAIN MOST IN LATEST SPENDING

Wellington in particular spends up large on hardware & homewares in the w/e 03 Feb (+13.7%).

External link

Feb

06

2019

KIWIS "PRETTY HAPPY": ANZ-ROY MORGAN NZ CONSUMER CONFIDENCE

January index says that Kiwis are "feeling pretty good about things" with "slightly above-average confidence regarding their own situations".

External link

Feb

04

2019

REASONABLE YEAR END FOR 2018 CONSENTS

Total value growth ends 2018 just 1% down on 2017 (total +6.6%; residential +5.4%, non-residential +9%).

External link

Feb

01

2019

STATSWATCH UPDATE: DEBT & DSO FOR NOV-DEC

Nov-Dec proved less worrisome than expected, but the Jan-Feb period has yet to show its true colours.

Feb

01

2019

STAY-AT-HOME CONSUMERS SPEND ON HOME IMPROVEMENTS

Growth slows but Northland, Gisborne, Nelson spend money bettering their homes in week ending 27 Jan.

External link

Jan

31

2019

DECEMBER's LOCAL ONLINE SPENDING WAS +10%

But total online spending grew just 6% thanks to an unusual fall in spending on international websites.

External link

Jan

30

2019

Q4 HOME IMPROVEMENT SPENDING MAINLY POSITIVE

Home improvement appears to have resisted the general slowing of spending growth in the last quarter of 2018.

Jan

25

2019

DEPARTMENT STORES SEE GOOD SPENDING INCREASE

Spending in department stores was +7.2% in the week ending 20 January; the regions also see a boost.

External link

Jan

18

2019

HARDWARE & HOMEWARE STAY AHEAD OF SPENDING GROWTH

Spending at Hardware & Homeware retailers was +7.6% in the week ending 13 January.

External link

Jan

16

2019

DECEMBER CARD SPENDING NEGATIVE FOR CORE RETAIL

Worse, durables fall 4.4% in December electronic card transactions, the largest drop since Oct 2010...

External link

Jan

11

2019

NOVEMBER CONSENT STATS: A MIXED BAG

Residential consent value +0.3%, non-residential +51%, total value +15% on November 2017.

External link

Jan

11

2019

HARDWARE & HOMEWARE SPENDING SPIKE CONTINUES

Spending for w/e 6 January 2019 at Hardware & Homeware retailers is +24.7% on last year.

External link

Jan

10

2019

DECEMBER SPENDING GOOD FOR HARDWARE

Spending on hardware, home decorating was +6.1%, well above overall flat spending growth (+1.2%).

External link

Dec

14

2018

MORE WORK = INCREASED DEBT, SO BE VIGILANT

As forecast, data on the October month confirms that debt levels on the CRISworks database have continued to climb and are now sitting at the highest levels so far this year.

Dec

10

2018

SPENDING UPDATE (TO 9 DECEMBER): CALM BEFORE THE STORM?

Paymark confirms latest non-fuel spending growth is low, negative in Auckland-Northland and Wairarapa.

External link

Dec

07

2018

SPENDING DROPS, PUNTERS PAUSE AFTER BLACK FRIDAY

Spending drops 2.2% in the week ending 2 December as shoppers "take a breather" after the sales...

External link

Dec

03

2018

ONLINE NUDGES 8% OF RETAIL SPENDING IN OCTOBER

October's online spending stats show a big gain in Furniture, Housewares & Hardware at +13%.

External link

Nov

30

2018

MASSIVE SPENDING SPIKE ON APPLIANCES IN BLACK FRIDAY WEEK

Spending on appliances was +40% in the w/e 25 November, well in excess of overall spending growth.

External link

Nov

30

2018

GROWTH IS BACK WITH OCTOBER CONSENT NUMBERS

The value of building consents turns from soundly negative in Aug and Sept to fully positive in Oct.

External link

Nov

26

2018

KIWIS SPEND ALMOST $70M DURING BLACK FRIDAY 2018

Impressive increase or softer than expected? Black Friday spending at core non-food retail is +20% on 2017...

Nov

21

2018

SEPTEMBER DEBT STAYS HIGH

Hardware channel debt stays high - expect it to climb higher post-Christmas.

Nov

16

2018

LOW-VALUE SPENDING RETURNS

Consumer spending volume was high but the value low for the week ending 11 November.

External link

Nov

12

2018

OCTOBER ELECTRONIC CARD SPENDING FLAT

"Most retail industries showed softer results in October, except the fuel industry..."

External link

Nov

09

2018

HAS CHRISTMAS ALREADY KICKED IN?

Spending for w/e 4 Nov shows growth in the value of the average transaction

External link

Nov

02

2018

SPENDING UP AGAIN AT TRAVEL AGENTS

Spending for w/e 28 October: value overtakes volume as spending lifts before Halloween.

External link

Nov

01

2018

OVERALL ONLINE SPENDING +11% IN SEPTEMBER

Spending at local websites grew more strongly (+15%) than at overseas retailers (+7%).

External link

Oct

31

2018

RESIDENTIAL CONSENTS DRAG SEPT VALUE INTO NEGATIVE

By value, residential consents down 9% non-residential +2%, total consents down 6%. YTD still positive.

External link

Oct

31

2018

COST PRESSURES, TOUGH COMPETITION TO TEMPER XMAS PEAK?

Retail NZ: Peak season to be positive, although cost pressures remain, and competition is still tough.

External link

Oct

26

2018

ARE FUEL PRICES DRIVING CONSUMERS TO DRINK?

Fuel and liquor are the big risers in consumer spending for w/e 21 October...

External link

Oct

19

2018

"SPENDING SOFTENS AS CONFIDENCE DIPS"

Consumer Spending Series for w/e 14 October confirms spending growth has slowed.

External link

Oct

16

2018

CPI INCREASE DRIVEN BY HOUSING-RELATED COSTS?

Stats NZ's September quarter CPI data highlights construction costs as a key driver of the latest increase.

Oct

12

2018

CONSUMERS STILL SPENDING LESS, MORE OFTEN

Fuel price increases are another factor in consumer spending for the week ending 7 October.

External link

Oct

10

2018

RETAIL SPENDING +5.2% IN SEPTEMBER QUARTER

Actual electronic card spending on retail was $16b (+5.2%) in the September 2018 quarter.

External link

Oct

10

2018

CHANNEL STILL VULNERABLE, VIGILANCE ADVISED

Following July's warning signs, August debt is "steady" but is there worse to come?

Oct

08

2018

BIG SPENDING GROWTH AT TRAVEL AGENTS

Spending report for w/e 30 September also highlights trend towards smaller, more frequent, purchases.

External link

Oct

01

2018

ONLINE SPENDING +9% AT LOCAL SITES IN AUGUST

August online spending at Furniture, Housewares & Hardware retailers was +11%.

External link

Sep

28

2018

CONSENTS DIP AGAIN WHILE YTD STAYS POSITIVE

August residential consents are negative 3% by volume and by value, non-residential value minus 15%.

External link

Sep

21

2018

HARDWARE & HOMEWARE SPENDING NEGATIVE 20%

Overall, spending fell only marginally by value in the w/e 16 September while transactions rose...

External link

Sep

14

2018

FURNITURE STARS IN LATEST SPENDING STATS

Spending on furniture was a massive +17.8% for the w/e 9 September - clearance sales the driver?

External link

Sep

12

2018

PETROL FUELS AUGUST CARD SPENDING

Fuel spending helped increase August electronic card spending (actual +6.3% on August 2017).

External link

Sep

07

2018

COMMERCIAL SECTOR “VULNERABLE”?

Stats for July show both good growth and some weakness in the market but July data indicates a “vulnerable” commercial sector.

Sep

07

2018

DAMP START TO SPRING SPENDING

Appliances apart, spending growth was soft in the first week of spring (w/e 2 September)...

External link

Sep

05

2018

BUILDING WORK VOLUME AND VALUE GROW IN JUNE QUARTER

The actual value of building work put in place was +7.6% for residential, +9% for non-residential.

External link

Sep

04

2018

JULY ONLINE SPENDING NEARS 8% OF TOTAL RETAIL SALES

Online spending on Furniture, Housewares & Hardware +8%, lagging overall market growth (+13% on 2017).

External link

Aug

31

2018

NORTHLAND SEES BIG SPENDING SPIKE

Spending gains were good in w/e 26 August, particularly for hardware & homewares retailers (+5.8%).

External link

Aug

30

2018

YEAR TO DATE NOT DRAGGED DOWN BY DIP IN JULY CONSENTS

July's total consent value is negative 2% but YTD July 2018 total is still +10%.

External link

Aug

30

2018

BUSINESS CONFIDENCE DOWN AGAIN, BUT...

The outlook is for "ongoing growth ... at a more modest pace – provided we don’t talk ourselves out of it"...

External link

Aug

27

2018

MORE PAIN AHEAD FOR SMALLER RETAILERS?

Retailers' outlook for the current quarter has taken "a negative turn", cost pressures to mount.

External link

Aug

24

2018

APPLIANCE SPENDING REBOUNDS

Spending on appliances was +7.9% in the week ending 19 August - shifting winter sales the cause?

External link

Aug

22

2018

JUNE QUARTER RETAIL SPENDING "HUMS ALONG"

Spending hikes led by hardware & building supplies +4.9% ($99 million) in June quarter.

External link

Aug

17

2018

WEATHER, SPORT DRIVE LATEST SPENDING HIKE

Big spending growth in w/e 12 August, driven by higher fuel and liquor prices and travel.

External link

Aug

03

2018

JUNE A STORY OF DEBT AND THE WEATHER

Inclement weather is still affecting the construction sector, according to the latest data.

Jul

31

2018

GROWTH TO CONTINUE INSTEAD OF PEAKING

Released yesterday, the 2018 National Construction Pipeline report predicts sustained building growth for the next five years.

Jul

31

2018

JUNE CONSENTS: RECORD YTD FOR WELLINGTON

June 2018 consents back to double digits: total value for the month +13%, YTD total value +11%.

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Jul

31

2018

LOCALS BENEFIT AGAIN IN JUNE ONLINE SPENDING

Growth in online spending with Kiwi retailers (+12%) continues to outpace international (+7%).

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Jul

27

2018

"MID-WINTER BLUES" HITS SPENDING

Negative growth in spending for the week ending 22 July, even FMCG fell...

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Jul

20

2018

MORE TRANSACTIONS, SMALLER BASKETS

Spending stats for w/e 15 July show more transactions are taking place but for smaller values.

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Jul

13

2018

SCHOOL HOLS PREFACE GOOD SPENDING GROWTH

Double-digit spending growth on fuel, travel & appliances for w/e 8 July reflects better week overall.

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Jul

11

2018

CARD SPENDING FLAT TO NEGATIVE IN JUNE

Card spending was slightly up in the June month but fell marginally for the June 2018 quarter.

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Jul

11

2018

MAY DEBT LEVELS STILL HIGH

Data for May 2018 from CreditWorks Data Solutions still shows overall debt levels at all-time highs...

Jul

10

2018

WE'RE SPENDING LESS ONLINE, MORE FREQUENTLY

Kiwis are buying smaller value items and shopping online more regularly, says NZ Post e-commerce review.

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Jul

06

2018

SPENDING GROWTH ABOUT VOLUME NOT VALUE

Surprise surprise, fuel spending is +25% in w/e 1 July, other spending growth stays in single digits.

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Jul

02

2018

TRANSACTION GROWTH DRIVEN BY DISCRETIONARY CATEGORIES

Hardware & homeware spending in w/e 24 June was +7.7%, but sports, liquor saw the strongest growth.

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Jun

29

2018

HOME AND ELECTRONICS DRIVE MAY'S ONLINE SPENDING GROWTH

10% growth for May online spending with Furniture, Housewares & Hardware the star at +25% on 2017.

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Jun

29

2018

MAY RESIDENTIAL CONSENT VOLUME HIGHEST IN 14 YEARS

By value, May residential consents were +13% on May 2017, non-residential +9% and +11% overall.

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Jun

22

2018

VOLUME AGAIN GROWS FASTER THAN VALUE IN SPENDING

W/e 17 June 2018, Kiwis spent 1.3% more than last year but transactions increased by 2.1%.

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Jun

20

2018

CHRISTCHURCH, AUCKLAND LEAD COST RISES IN APRIL QV COSTBUILDER

Report says average cost of building a home has risen 30.7% since 2007 and by 3.4% since April 2017.

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Jun

12

2018

COST OF LAND HOLDS BACK AUCKLAND HOUSING

New report says the cost of land is adding to the housing supply constraints around Auckland.

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Jun

08

2018

KIWIS STAY AT HOME PRE-QUEEN'S BIRTHDAY

Appliance stores see another big spending hike (+12.2% in w/e 3 June), department stores too.

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Jun

06

2018

MARCH QUARTER BUILDING WORK SHOWS GOOD GAINS

Actual value of total building work was $5.3 billion (+7%), residential, non-residential growth strong.

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Jun

06

2018

DSOS IMPROVE BUT DEBT IS STILL CLIMBING

Data for April 2018 shows a slight improvement in DSOs but debt continues to climb.

May

30

2018

ACTUAL APRIL CONSENTS SHOW BIG REBOUND

Actual April residential +27% by volume, +22% by value, YTD residential value growth still double figures.

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May

30

2018

RETAILERS OFFERING CONTACTLESS PAYMENT DO BETTER

Survey says retailers that offer contactless do twice as well as those who don't by value and volume.

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May

29

2018

APRIL ONLINE SPENDING +14% ON LAST YEAR

YTD online spending is now approximately $4.3 billion, or 7.7% of total retail sales.

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May

09

2018

RETAIL CARD SPENDING FALLS IN APRIL

Stats NZ says April's negative result is "unusually large", driven by groceries, liquor and fuel.

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May

08

2018

MARCH DEBT RISES BUT DSOS IMPROVING

March 2018 data from CreditWorks shows its CRISworks database has reached a new peak.

Apr

13

2018

CORE RETAIL CARD SPENDING +1.6% IN MARCH

Card spending rebounds during March from the February dip, with spending on durables +1.2%.

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Apr

06

2018

ARE INDUSTRY STRESSES STARTING TO SHOW?

Data for February 2018 from CreditWorks shows debt may be down but stresses are growing.

Apr

06

2018

EASTER SUNDAY UP BUT OVERALL EASTER TRADING FALLS

Councils that allowed businesses to trade contributed to a 23% increase in Easter Sunday spending.

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Mar

29

2018

VOLUME DOWN BUT VALUE UP IN FEB 2018 CONSENTS

Residential volume is marginally down on Feb 2017 but value is +5%. Residential value YTD is +9.3%.

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Mar

16

2018

SPENDING: VOLUME UP BUT TRANSACTION VALUE SOFTENS

Hardware & homeware spending +11% for w/e 11 March. Plus, Waikato is a spending hot spot.

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Mar

14

2018

JANUARY NUMBERS SUGGEST DEBT IS SET TO GO FURTHER OUT

Data for the January 2018 month suggests it could be an atypical February...

Mar

07

2018

RETAIL TRADE SURVEY: TOTAL SPENDING +6.8% in 2017

Figures say 2017 hardware, building & garden supplies retail sales reached $8.1b (+5.4% on 2016).

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Mar

07

2018

SINGLE FIGURE GROWTH IN VALUE OF 2017 BUILDING WORK

Building work put in place $21.2b (+6.8%), residential $13.9b (+9.7%), non-residential $7.4b (+1.8%).

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Mar

02

2018

"SOFT" JANUARY? ACTUALLY, CONSENTS WERE WELL UP ON LAST YEAR

By value, residential consents were +22% (+9.4% by volume), non-residential +42% by value.

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Feb

23

2018

ANOTHER BIG GROWTH WEEK FOR APPLIANCES

Spending on appliances week ending 18 February was up again at +13.8%, way ahead of the market.

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Feb

23

2018

DID NOVEMBER STYMIE DECEMBER GROWTH FOR ONLINE?

Overall, online spending was +7% on December 2016, but spending rebounded in January.

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Feb

19

2018

SPENDING CONTINUES POSITIVE TREND

Biggest growth was spending on appliances over the week including Waitangi Day (w/e 11 February).

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Feb

09

2018

CALENDAR 2017 DEBT, DSOS TURN OUT AS EXPECTED

Data for Nov and Dec 2017 from CreditWorks confirms end of year debt reduced alongside work levels.

Feb

09

2018

APPLIANCES BENEFIT AGAIN FROM UPWARD SWING IN SPENDING

Appliances experience another spike with spending +13.3% for week ending 4 February.

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Feb

02

2018

BUILDING CONSENT GROWTH DIPS INTO SINGLE FIGURES

Consent numbers for calendar year 2017 lack the double digit growth of the last few years.

Jan

19

2018

SPENDING BOUNCES BACK IN SECOND WEEK OF JANUARY

Spending growth returns as people go back to work; also in review, spending's pre-Xmas peak...

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Jan

16

2018

MODEST GROWTH IN DECEMBER ELECTRONIC CARD SPENDING

December's actual core retail spending was $5.78 billion, +3.7% on December 2016.

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Jan

15

2018

HOMEOWNERS SPENT UP LARGE ONLINE IN DECEMBER

Online spending on Furniture, Housewares & Hardware was +14%, double overall online growth.

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Jan

12

2018

APARTMENTS, AUCKLAND TAKE NOVEMBER CONSENT VOLUME TO 13-YEAR HIGH

By value, total consents were +17%. Residential consents were +11%, non-residential +34% by value.

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Jan

12

2018

SPENDING SOFTENS IN FIRST WEEK OF 2018

Consumer Spending Series for w/e 7 January shows spending last week was 5% down on same time last year.

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Jan

08

2018

SPENDING +5.4% THROUGH PAYMARK IN 2017

$59 billion was spent through Paymark for the year. Growth softened slightly around major centres.

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Dec

15

2017

LAST MINUTE CHRISTMAS SPENDING RUSH YET TO COME?

Spending under 2% up on 2016 for the week ending 10 December, but Hardware & Homeware is +9%.

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Dec

12

2017

OCTOBER DEBT INDICATES WE SHOULD EXPECT MORE OF THE SAME

Data for October 2017 from CreditWorks confirms the previous outlook – more of the same.

Dec

11

2017

TOTAL OCTOBER ONLINE SPENDING IS +9%, NOVEMBER WILL BE MORE

Spending online on Furniture, Housewares & Hardware slows to 4% in October.

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Dec

11

2017

SPENDING DIPS AFTER BUSY BLACK FRIDAY

Consumers "take a breather" after Black Friday but hardware & homeware spending still +8.2% on last year

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Dec

05

2017

VALUE OF BUILDING WORK PUT IN PLACE UP IN SEPT 2017 QUARTER

Actual value of total building activity was +6.4%, residential +9.7% and non-residential +0.6%.

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Nov

30

2017

OCTOBER CONSENTS: VALUE HOLDS UP DESPITE SLIGHT FALL IN VOLUME

October 's just released residential consents: slight fall in volume but value is +8% with YTD +7%.

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Nov

23

2017

BETTER TIMES AHEAD FOR CFOS?

Data for September 2017 from CreditWorks Data Solutions confirms last month’s forecast that debt levels would stabilise and DSOs improve.

Nov

20

2017

SPENDING GROWTH CREEPS UP AS XMAS APPROACHES

Consumer Spending Series shows hardware & homeware spending +13.8% for w/e 12 Nov.

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Nov

02

2017

SEPTEMBER ONLINE SPENDING +7%, ALMOST HALF SPENT OFFSHORE

BNZ Marketview stats also say online spending on Furniture, Housewares & Hardware was flat.

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Nov

01

2017

CRANE COUNT CONFIRMS RESIDENTIAL ACTIVITY UP, COMMERCIAL DOWN

Rider Levett Bucknall’s Q4 2017 crane count also says activity dipped for the first time since 2015.

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Oct

27

2017

HAMILTON HARDWARE +15%, BUCKS SOFT DIY LABOUR WEEKEND SPENDING

Elsewhere gardening and DIY weren't a priority as NZ hardware & homeware spending rose just 1.4%.

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Oct

06

2017

REBOUND IN AUGUST ONLINE SPENDING

Total Kiwi online retail shopping was +12% on Aug 2016. Spending offshore was +14%, local +10%.

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Sep

08

2017

IS SPENDING COOLING AS THE ELECTION NEARS?

Latest stats for w/e 3 Sept put overall spending growth at less than 2% - is the Election to blame?

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Sep

05

2017

JULY QUARTER BUILDING ACTIVITY WAS UP ON LAST YEAR

But it was slightly down on the March quarter, according to Stats NZ's latest figures.

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Sep

04

2017

HARDWARE & HOMEWARE CONSUMER SPENDING UP AGAIN

Volume of hardware and homeware spending +10.5% w/e 27 August, value growth more modest.

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Sep

04

2017

LOCAL GROWTH ALMOST EQUALS OFFSHORE IN JULY ONLINE SPENDING

Total online spending on Furniture, Housewares & Hardware for July is +6%, slightly behind the market.

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Aug

14

2017

SPENDING IN 1ST WEEK OF AUGUST ALL ABOUT "WINTER WARMERS"

August spending kicks off "with a hiss and a roar"; liquor, takeaway and fuel biggest growers.

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Aug

14

2017

HARDWARE CHANNEL DOES WELL IN JUNE 2017 QUARTER

Hardware, Building & Garden Supplies takes in $1.8 billion (+6.8%) in June quarter's RTS figures.

External link

Aug

04

2017

TRANSACTIONS GROW FASTER THAN VALUE IN CONSUMER SPENDING

Latest BNZ-Marketview spending stats for w/e July also show gas prices +8.4%, as scrutiny lessens.

External link

Aug

01

2017

JUNE CONSENTS: MORE NEGATIVE GROWTH IN PATCHY YEAR

Dwellings are +4.7% YTD but the June month saw a drop in volume and value also for non-residential.

Jul

07

2017

GROWTH SHIFTS AWAY FROM DISCRETIONARY SPENDING

Updated: Latest Weekly Consumer Spending Series shows hardware & homeware spending just +0.5%.

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Jul

06

2017

ONLY 3% OF DWELLING CONSENTS END UP NOT BEING BUILT

New "experimental" stats show last year it took 10 months to build a house from consent to completion.

Jun

23

2017

HARDWARE SPENDING WELL AHEAD OF "QUIET" OVERALL PICTURE

Spending on hardware and homeware +4.5% in latest BNZ Marketview Consumer Spending Series.

External link

Jun

22

2017

RETURNING KIWIS NOT DRIVING RECORD NET MIGRATION LEVEL

Stats NZ reports record annual net migration for the year to May 2017 driven by mainly non-NZ citizens.

External link

Jun

16

2017

VOLUME GROWS FASTER THAN VALUE IN OVERALL BNZ MARKETVIEW STATS

But stats for w/e 11 June have hardware & homeware spending +8.37% by value and +5.8% by volume.

External link

Jun

12

2017

MAY 2017 CARD SPENDING DIPS SLIGHTLY

Apparel gains despite slight dip in core retail spending in May 2017 Electronic Card Transactions.

External link

Jun

09

2017

HARDWARE SPENDING LAST WEEK DOWN ON LAST YEAR

Hardware and apparel down on 2016 in BNZ-Marketview's Consumer Spending Series for w/e 4 June.

External link

Jun

06

2017

BUILDING ACTIVITY WAS DOWN IN THE MARCH 2017 QUARTER

Residential work in train has eased, while non-residential has fallen compared to the Dec 2016 quarter.

External link

Jun

02

2017

SPENDING: VOLUME GROWS AHEAD OF VALUE

BNZ Marketview Weekly Spending Series for w/e 28 May has value growth at +2.2%, volume +4.8%.

External link

Apr

21

2017

ONLY FUEL, FOOD, BOOZE & CAMPING SPENDING GREW IN EASTER WEEK

Cyclone Cooke had an impact says the BNZ Weekly Consumer Spending Series for w/e 16 April.

External link

Mar

31

2017

FEBRUARY CONSENTS SHOW SLIGHT REBOUND ON JANUARY

February's dwellings volume +1.6% on Feb 2015 but value is negative 2%. Overall consent value +1%.

External link

Mar

29

2017

HOW DID FEBRUARY AFFECT DEBT IN THE CHANNEL?

Debt figures from CreditWorks for February 2017 show the effect of recent short months.

Mar

08

2017

ARE JANUARY 2017 CONSENTS REASON FOR CONCERN?

Are Statistics NZ's January 2017 residential consent figures reason for concern? Could be...

Feb

10

2017

HARDWARE SPENDING AHEAD OF OVERALL GROWTH AGAIN

BNZ's Consumer Spending Series w/e 5 February has hardware & homeware +21.1%, ahead of fuel and food!

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Feb

09

2017

DECEMBER CONSENTS: 2016 FAILS TO SURPASS 30,000 HOMES

But year end stats for Jan-Dec 2016 show dwelling consents +10.5% by volume, +19% by value.

External link

Jan

19

2017

DWELLING GROWTH SEES SINGLE DIGITS AGAIN IN NOVEMBER

But Stats NZ's November consent data confirms 11-year dwelling high by volume.

External link

Jan

18

2017

SEASONAL DEBT LEVELS FLATTER TO DECEIVE?

Our final report on debt in the channel for 2016 from CreditWorks shows debt level down but warns now is not the time to leave your debtors to their own devices.

Nov

29

2016

PRE-XMAS DEBT LEVELS NO SURPRISE

Our regular report on debt in the channel for October shows debt levels remained steady.

Oct

28

2016

SEPT CHANNEL DEBT “STEADY” – AS FORECAST

As predicted, there was little change in either ageing or overall debt during September.

Jul

27

2016

CHANNEL'S JUNE DEBT EXPOSURE REDUCES

Debt may have fallen in June but it's still above last year's level - what's the forecast?

Jun

13

2016

APRIL-MAY DEBT REFLECTS HEATED MARKET

Data from CreditWorks suggests that, although collections are improving overall, debt is a concern.

May

20

2016

CHANNEL DEBT IMPROVES IN APRIL

April’s debt figures show further improvement for the building materials industries, with a couple of exceptions.

May

04

2016

“MODERATE MARCH” FOLLOWS “FAILURE FEBRUARY”

Although February proved troublesome for some in the industry, March brought some respite.

Mar

09

2016

REDUCED ACTIVITY IMPROVES JANUARY DEBT

Reduced building activity during the summer months continues to be good for the channel's debt levels.

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NZ CONSENTS CONTINUE AT ELEVATED LEVELS

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STRONG MARCH FOR SOME RETAILERS

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OUR MARCH DIGITAL EDITION IS LIVE & FREE TO READ

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