Category: business
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International Condemnation for Myanmar's Labour Rights Violations
Speaking on behalf of Australia, Canada, New Zealand, and the United Kingdom at the International Labour Conference, a representative addressed the Myanmar military regime’s non-compliance with Convention 87 and Convention 29, concerning freedom of association and forced labour respectively. The…
Politics and GovernmentWorldBusinessLabour PartyAsiaTradeSocial Issues MyanmarILOForced LabourTrade UnionsHuman RightsAustraliaUK Government
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Media Monitor: RNZ Poll Shows Left Bloc Could Oust Coalition
Media Monitor: RNZ is reporting that a recent RNZ-Reid Research poll indicates that the left bloc in New Zealand would have enough support to remove the current coalition government from power. It said nearly two-thirds of the public feel the…
Politics and GovernmentSocial IssuesBusinessSportWeatherWorldGeneral PoliticsFederal GovernmentEconomyTradeLegal RNZPoliticsGovernmentPollElon MuskDonald TrumpRNZ News
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Stats NZ to Release Key Economic and Population Data
Stats NZ is set to release a series of key statistical reports over the next week, covering various sectors of the New Zealand economy and population. On June 5, 2025, the value of building work put in place for the…
BusinessPolitics and GovernmentWorldEconomyEmployment and LaborTradeTransportationEducationAustralasia Stats NZEconomic DataPopulation StatisticsBuilding WorkEmploymentMigrationStatistics New Zealand
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Panda Mart Recalls Turquoise Bee Baby Walker Due to Safety Hazard
Panda Mart has issued a recall for its Turquoise Bee Baby Walker, sold between September 1 and December 8, 2024, due to missing safety warnings. The Ministry of Business, Innovation and Employment has flagged the walkers as potentially hazardous to…
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International Visitor Spending Boosts New Zealand's Economy
Tourism and Hospitality Minister Louise Upston has welcomed new data indicating a significant boost in international visitor spending. According to the International Visitor Survey, international tourism contributed $12.2 billion to New Zealand’s economy for the year ending March 2025, marking…
BusinessWorldEconomyTradeEmployment and Labor TourismLouise UpstonInternational Visitor SurveyVisitor SpendingEconomic GrowthHospitality
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Media Monitor: RNZ reports on McSkimming case, Auckland car fire, aviary dispute
RNZ is reporting that a High Court judge has reserved her decision on whether the media can report on the nature of allegedly objectionable material found on former deputy commissioner Jevon McSkimming's work computer. RNZ also said that a witness…
Politics and GovernmentLaw EnforcementBusinessWorldMediaSportSocial IssuesLegalEconomyEuropeAustralasiaEmployment and LaborReal Estate
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Dairy Price Surge Drives Increase in New Zealand Export Prices
New Zealand's export prices surged 7.1 percent in the March 2025 quarter, driven by rising dairy prices, Stats NZ reported today. This increase has pushed export prices 17 percent higher than a year ago, marking a significant climb since March…
BusinessTradeEconomyAustralasia export pricesdairy pricesStats NZViki Wardmilk powderCommodityStatistics New Zealand
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Trade Me Acquires 50% Stake in Stuff Digital Ltd
Trade Me is set to acquire a 50 per cent stake in Stuff Digital Ltd, which owns stuff.co.nz, New Zealand's largest website. The deal unites two major Kiwi brands, Trade Me, a leading property, motors, jobs and marketplace portal, and…
BusinessMediaEconomyDigital and Print PublishingTradeReal Estate Trade MeStuff Digital LtdSinead BoucherAnders SkoeMergers and acquisitionsstuff.co.nz
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Media Monitor: RNZ reports on transaction accounts, social media spat, 'Lilo & Stitch' review, and more
Radio New Zealand is reporting that New Zealanders may be missing out on a collective $1 billion annually by keeping their money in transaction accounts. Separately, a social media dispute has erupted between the Blues and Moana after play-off spots…
BusinessSportEntertainmentPolitics and GovernmentLaw EnforcementWeatherEconomyFinancial MarketsSocial IssuesFilm and TVGeneral Politics Transaction AccountsBluesMoanaLilo & StitchDavid SeymourChris BishopPounamuRNZ News
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Media Monitor: The Guardian on US energy department cuts, Ardern, cannabis
The Guardian is reporting that employees of the U.S. Energy Department are raising concerns that cuts and deregulation undermine the department’s ability to function and will cause cost hikes. It said one employee stated the Trump administration is “going to…
Politics and GovernmentBusinessWorldEntertainmentHealthScience & TechnologySportMediaMiddle EastAsiaEuropeAustralasiaGeneral PoliticsWhite HouseFederal GovernmentEconomyEmployment and LaborArtificial IntelligenceEnvironmentClimate ChangeMilitarySocial IssuesEnergyFilm and TVDigital and Print PublishingMedical ScienceLaw Enforcement Energy DepartmentJacinda ArderncannabisTrump administrationderegulationprice hikesThe Guardian
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ACT Claims Success in Cutting Red Tape, Reforming Benefits, and Lowering Interest Rates
ACT has highlighted several achievements, including the reduction of red tape for barbers, reforms to the benefit system, and the Reserve Bank's cut to the Official Cash Rate. ACT supporters also raised over $6,000 for breast cancer research at a…
Politics and GovernmentHealthBusinessEconomyState GovernmentsSocial Issues ACTred tapebarbersbenefit systemOfficial Cash RateBreast Cancer Foundationfiscal disciplineACT Party NZ
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Media Monitor: RNZ Reports on New Zealander Killed in Ukraine, 'RunIt' Concerns
RNZ is reporting that a New Zealander, Shan-Le Kearns, died in Ukraine. According to a source in Ukraine, Kearns was trying to rescue wounded comrades when his group was hit by drones and explosives. Kearns did not have military training,…
WorldPolitics and GovernmentHealthBusinessSportUkraine RNZShan-Le KearnsRunItShu Man PoonFuk-Fu Joseph KwokMei Han ChongRNZ News
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Pharmazen Faces Infringement Notice for Late Financial Filing
The Financial Markets Authority (FMA) has issued an infringement notice to Pharmazen Limited for failing to file its financial statements on time. The audited financial statements for the year ended December 31, 2024, were due by April 30, 2025, under…
BusinessLegalFinancial Markets Financial Markets AuthorityPharmazen LimitedFinancial Markets Conduct Act 2013financial statementsJohn Hornerinfringement noticeAuditingNZ Financial Markets Authority
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New Zealand Home Consents Drop 17% in April 2025
New Zealand's Stats NZ reported a 17% decrease in new home consents for April 2025 compared to April 2024, with a total of 2,418 new homes consented. According to economic indicators spokesperson Michelle Feyen, the decline may be attributed to…
BusinessEconomyReal EstateAustralasia Home ConsentsStats NZHousingMichelle FeyenAnzac DayEasterStatistics New Zealand
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Multiple Product Recalls Announced Due to Safety Concerns
Several products have been recalled due to safety concerns, ranging from choking hazards to fire risks. Consumers are urged to check if they have purchased any of the affected items and follow the recommended actions, which include ceasing use and…
HealthBusinessWorldSocial IssuesMedical ScienceLegal Product Recallmagnetic chessEuky Bear VaporiserBed Bath and BeyondGiantz ChainsawPanda Martchoking hazard
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FMA Study Reveals Gaps in Kiwis' Savings and Debt Management
New research from the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – indicates that while many New Zealanders are confident in their financial decisions, there are discrepancies between their financial goals and investment holdings. The study, titled 'Good…
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Media Monitor: RNZ Reports Call to Cancel 'Run It' Events After Teen's Death
RNZ is reporting that the uncle of Ryan Satterthwaite, a teenager who died playing a version of the game 'Run It Straight,' is calling for the cancellation of 'Run It' events. RNZ said Ryan Satterthwaite, 19, died after suffering a…
Politics and GovernmentSportBusinessWorldHealthSocial IssuesAustralasiaEconomyLegal RNZRun It StraightRyan SatterthwaitePete SatterthwaitePublic Service Commissioner Brian RocherepatriationRNZ News
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Napier Council to Keep Library Open Following Community Feedback
Community says libraries are important and Council listens Napier City Council heard the community and responded, after listening to residents’ views during its Annual Plan hearings held this week. The consultation resulted in 1007 submissions, the highest number in ten…
Politics and GovernmentEducationBusinessState Governments Napierlibrarycouncilcommunityconsultationannual planNational AquariumisitePar 2 Mini GolfFaraday Museum
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Media Monitor: RNZ Reports on Teen's Death, Healthcare Disparities, and More
RNZ is reporting that a teenager has died after being critically injured while playing a game based on the "Run It" craze in Palmerston North. RNZ said the teen was 19-year-old Ryan Satterthwaite, who worked at Mainfreight Transport. In other…
Politics and GovernmentHealthBusinessSportWorldMedical ScienceEconomyLegal Ryan SatterthwaitePalmerston NorthNorthlandHealth NZChristchurchRichard ChambersChris HipkinsRNZ News
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IMF Concludes 2025 Article IV Consultation with New Zealand
The International Monetary Fund (IMF) concluded its Article IV consultation with New Zealand on May 19, 2025, with the Executive Board acknowledging the economy's nascent recovery and the return of inflation to the Reserve Bank of New Zealand’s (RBNZ) target.…
BusinessPolitics and GovernmentEconomyFinancial MarketsTrade IMFArticle IV Consultationmonetary policyfiscal policyeconomic growthinflationInternational Monetary Fund
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Media Monitor: RNZ reports Retail NZ seeks meeting with Police Minister over shoplifting directive
RNZ is reporting that Retail NZ is requesting an "urgent meeting" with the Police Minister after a police directive said staff would no longer investigate shoplifting allegations below $500. It said the directive, sent in March, has caused confusion, but…
Politics and GovernmentBusinessWeatherHealthSportWorldAustralia RNZRetail NZPolice MinistershopliftingNelson floodingMillie Elder-HolmesTrump tariffsRNZ News
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NZ Local Authority Financial Statistics Released for Year Ended June 2024
Financial statistics for New Zealand's territorial and regional councils' core non-trading activities for the year ended June 2024 have been released by Stats NZ. The Local Authority Census for the June 2024 year experienced less than full coverage. For the…
Politics and GovernmentBusinessAustralasiaState Governments Local Authority Censusfinancial statisticsterritorial councilsregional councilsStats NZGovernment StatisticianStatistics New Zealand
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ACT Claims Victory on Budget Savings, Regulatory Reform, and School Funding
ACT is touting its role in the New Zealand government's Budget 2025, highlighting $4.9 billion in savings and new legislation aimed at increasing accountability in lawmaking. The party says it is ensuring taxpayer dollars are spent effectively, with increased funding…
Politics and GovernmentEducationBusinessAustralasiaGeneral PoliticsEconomySocial IssuesDigital and Print PublishingLaw Enforcement ACTBudget 2025Regulatory Standards BillDavid SeymourEducation FundingSocial Media Inquiry
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Media Monitor: RNZ Reports Book Vandalism, Rugby Camp, and More
Radio New Zealand is reporting several stories, including one about a Hamilton bookstore owner who is upset about a serial vandal targeting biographies of New Zealand women. RNZ also reports that Auckland FC's coach, Steve Corica, is angry after the…
MediaSportBusinessWorldWeatherSocial IssuesAustralasiaDigital and Print PublishingRugbyEconomyAgricultureDisastersTransportation book vandalismSteve CoricaKiwiSaverChristchurchHannah ZwartzTroy NathanRNZ News
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Media Monitor: RNZ Covers KiwiSaver Changes, Police Plea in Murder Case
RNZ is reporting that changes to KiwiSaver contribution rates, announced in the latest budget, could significantly boost retirement savings for members. It said that some may see their savings increase by over $100,000. RNZ also reported that police are asking…
BusinessPolitics and GovernmentWorldSportAustraliaEconomyFederal GovernmentSocial IssuesTradeLaw Enforcement KiwiSaverKaea KarauriaHealthy Homes standardsDonald Trumpyouth suicidebudgetRNZ News
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Media Monitor: The Guardian reports starvation deaths in Gaza
The Guardian is reporting that the health minister in Gaza says children and elderly people are dying from starvation. The Guardian also reports that a UN spokesperson says about 90 aid trucks have entered Gaza, but the Palestinian Red Crescent…
WorldPolitics and GovernmentHealthBusinessSportEnvironmentMiddle EastEuropeAsiaAustralasiaLatin AmericaGeneral PoliticsTradeMedical ScienceClimate ChangeEconomySocial IssuesMediaMedia CrisisGazaUkraineGermanyChinaBrazilIndia StarvationTrumpHarvardSouth AfricaThe Guardian
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New Zealand Retail Sales Volume Rises 0.8% in March 2025 Quarter
New Zealand's retail sector saw a slight increase in sales volume during the March 2025 quarter, according to Stats NZ. The total volume of retail sales rose by 0.8 percent compared to the December 2024 quarter, after adjusting for price…
BusinessEconomyTradeAustralasia Retail SalesStats NZMarch 2025Economic IndicatorsRetailMichelle FeyenStatistics New Zealand
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Media Monitor: New Zealand Government Announces Spending Cuts
RNZ is reporting that the New Zealand coalition government has cut an average of $5.3 billion in government spending for each of the next four years in its latest budget. It said about half of the savings come from an…
Politics and GovernmentBusinessSportWorldFederal GovernmentEconomyEmployment and LaborRugby Government SpendingBudget CutsKiwiSaverNicola WillisPay EquityFinanceRNZ News
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ActionStation Aotearoa Slams Coalition Government Budget
ActionStation Aotearoa criticizes the Coalition Government's budget, alleging it redistributes income from low-income individuals and families to the wealthy. According to ActionStation, these changes exacerbate existing cuts to public services and recent decisions to reduce the pay of some of…
Politics and GovernmentBusinessSocial IssuesEconomyEmployment and LaborEducation ActionStation AotearoaCoalition Governmentbudgetincome inequalitypublic servicesKassie HartendorpJobseeker Support
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KiwiSaver Changes in Budget 2025 to Boost Retirement Savings for Many
Budget 2025 will bring changes to KiwiSaver, increasing the amount saved for retirement for many New Zealanders. Employee and employer contributions will rise to 3.5% from April 1, 2026, and then to 4% from April 1, 2028. The government contribution…
Politics and GovernmentBusinessEconomy KiwiSaverBudget 2025Retirement CommissionerJane WrightsonRetirement IncomeFinance