Category: business
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Stats NZ: Technical Issues Delay Ratios Table Update
Wellington, 17 September 2025 – Stats NZ reports technical issues with Infoshare that may prevent the ratios table from updating with June 2025 quarter data. However, all data is accessible via the CSV file under Download data on Balance of…
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Yeelight Staria Bedside Lamp Pro Recalled in New Zealand
A recall has been issued for the Yeelight Staria Bedside Lamp Pro, sold on Mighty Ape between December 13, 2024, and September 4, 2025. The product is being recalled because it was supplied without a certified external power adapter for…
BusinessScience & TechnologyTradeComputers and InternetSocial IssuesLegal Product RecallYeelight Staria Bedside Lamp ProMighty ApeYLCT03YLMinistry of Business, Innovation and EmploymentElectrical SafetyProduct Safety NZ
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Don McCracken Receives 2025 Director’s Award for Aviation Safety
Don McCracken has been awarded the 2025 Director’s Award at the Aviation Industry Awards Gala Dinner in Wellington, recognizing his dedication to aviation safety. The award acknowledges McCracken's commitment to enhancing safety standards within his organizations and the broader aviation…
BusinessTransportationAustralasia Don McCrackenDirector’s AwardAviation Industry AwardsCivil Aviation AuthorityAircraft Engineering Associationaviation safetyNZ Civil Aviation Authority
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Media Monitor: RNZ Reports Deadlocked Parliament in Latest Poll
RNZ is reporting that the latest RNZ-Reid Research political poll points to a deadlocked Parliament. It said that while the Labour Party is narrowly ahead of the National Party, neither bloc has enough support to govern on its own. RNZ…
Politics and GovernmentBusinessSportWorldWeatherAustralasiaEconomyGeneral PoliticsFinancial MarketsTradeSevere Weather RNZParliamentPolitical PollInternational AdoptionsMurderPalestineRNZ News
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Stats NZ: Food Price Index Data Delay
Stats NZ announced on September 16, 2025, a delay in updating three Food Price Index tables in Infoshare with data for August 2025. The affected tables include the Food Price Index for New Zealand (monthly), Food Price Index Level 2…
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South Auckland Police Crack Down on Retail Crime
A police team targeting retail crime in south Auckland town centres has reported significant results over the past year. The Counties Manukau South Community Engagement Team, responding to high rates of retail offending that contributed to unease among shoppers and…
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New Zealand Food Prices Remain High, Up 5.0 Percent Annually
Food prices in New Zealand have increased by 5.0 percent in the 12 months to August 2025, matching the increase recorded in the 12 months to July 2025. Stats NZ reported that the grocery food group was the largest contributor…
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Media Monitor: NZ Woman's Spending Skyrocketed After Husband's Death, Court Hears
Radio New Zealand is reporting that a forensic accountant told the High Court at Auckland that the spending of a woman accused of murdering her children and hiding their bodies in suitcases skyrocketed after her husband's death. Hakyung Lee faces…
Politics and GovernmentHealthBusinessWorldEntertainmentSportMedical ScienceEconomyFilm and TVAsiaFinancial Markets Hakyung LeeYuna JoMinu JoAuckland High CourtMurderforensic accountantRNZ News
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FMA Warns Clients of Former NZ Financial Adviser to Check Bank Statements
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko has issued a warning to clients and subscribers of a former New Zealand financial adviser, following complaints of suspected unauthorized credit and debit card payments. The FMA has received complaints…
BusinessLegalFinancial MarketsBankingLaw EnforcementAustralasia
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GDP Revised for June 2025 Quarter Due to Expenditure Correction
Wellington, 15 September 2025 – Stats NZ has announced revisions to the Gross Domestic Product (GDP) for the June 2025 quarter, following a correction to central government expenditure. The adjustment involves the ‘social assistance benefits in kind’ component of central…
BusinessPolitics and GovernmentEconomyFederal GovernmentTradeState Governments
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Stats NZ Announces 2025 Balance of Payments and National Accounts Revisions
Stats NZ announced revisions to data sources and methods for the 2025 balance of payments and national accounts. These annual updates, aligned with international best practice, ensure statistics accurately reflect global changes. Revisions include updates to international trade, tax returns,…
BusinessPolitics and GovernmentEconomyTradeFinancial MarketsGovernment
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Wellington City Council Announces Alcohol Licence Applications Open for Objections
Wellington City Council has announced that several alcohol licence applications are now open for public objection. These applications include Southward Distilling Tasting Room, located at 70 Kingsford Smith Street, Rongotai, Wellington, with the period for objections running from September 10,…
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Media Monitor: Consumer NZ Announces August Giveaway Winner
Consumer NZ is reporting that T. Graaf from Auckland won a Breville espresso machine in August's giveaway. It said this month's prize is a robot vacuum cleaner. Consumer NZ also noted a little-known protection that could save New Zealanders money…
BusinessScience & TechnologyAustralasiaEconomyComputers and Internet
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Malibu and Axis Tri-Axle Boat Trailers Recalled Due to Brake Line Issue
Malibu Boats Pty Ltd has issued a recall for MY21-25 Malibu and Axis tri-axle boat trailers due to a potential issue with the brake lines. The recall affects trailers built after September 21, 2020, and sold until May 20, 2025,…
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Media Monitor: RNZ Reports on Tom Phillips Case, Misinformation, Homeowner Losses
Radio New Zealand is reporting that questions remain about the Tom Phillips case after he was shot dead in a confrontation with police. RNZ said authorities are investigating those suspected of helping him evade capture and who decided Phillips was…
Politics and GovernmentBusinessWorldSportSocial IssuesLaw EnforcementEconomyTradeFinancial MarketsMiddle EastAustralasia
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Durra Brand Tahina Recalled Due to Salmonella Risk
Aldiery's Mediterranean Market Ltd has issued a recall for Durra brand Tahina (800g) due to the possible presence of Salmonella. The affected product has the following identification details: Lot No. 78 and a Best Before date of 06/04/2027. It is…
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New Zealand Electronic Card Transactions Rise in August 2025
Spending in New Zealand's retail sector experienced growth in August 2025, according to the latest data on electronic card transactions (ECT). The figures, released on September 12, 2025, indicate a rise in consumer spending and economic activity. All figures are…
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Pilot Convicted for Unlicensed Flights in New Zealand
A helicopter pilot has been convicted for flying without a license or certificate and obstruction. The defendant had, since early 2020, advertised and undertaken paid scenic flights around the Alexandra and Clyde area of the South Island without an Air…
Politics and GovernmentBusinessWorldLaw EnforcementTransportationLegalAustralasia
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Report Reveals Alarming Food Insecurity in New Zealand
A new report has revealed alarming levels of food insecurity in New Zealand, particularly affecting children, Pacific families, and Māori whānau. The report, from The Salvation Army NZ, highlights that this is happening despite New Zealand being a large food…
Politics and GovernmentSocial IssuesBusinessEconomyTradeGovernmentEducationAgriculture Food InsecurityThe Salvation Army NZMāoriPacific familiesFood SystemsNational Food Strategy
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Pilot Convicted for Unlicensed Scenic Flights in New Zealand
A helicopter pilot has been convicted for flying without a license or certificate, and for obstruction. The pilot had been advertising and undertaking paid scenic flights around the Alexandra and Clyde area of the South Island since early 2020, without…
Politics and GovernmentBusinessLaw EnforcementLegalTransportationAustralasiaEconomy
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Media Monitor: Former MP Resigns After Sexist Comments
RNZ is reporting that former Labour MP Stuart Nash has resigned from his job at recruitment agency Robert Walters, after the company initiated a formal review. It said the move follows Nash's apology for telling The Platform a woman is…
Politics and GovernmentBusinessSportWorldAustralasiaEconomyEmployment and LaborConservative Party
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FMA Considers Climate Reporting Exemption for Foreign Entities
The Financial Markets Authority – Te Mana Tātai Hokohoko (FMA) is considering a class exemption for some climate reporting entities incorporated in foreign jurisdictions from the climate reporting duties in Part 7A of the Financial Markets Conduct Act 2013 (FMC…
BusinessPolitics and GovernmentEnvironmentAustralasiaFinancial MarketsTradeClimate ChangeLegal
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Media Monitor: The Guardian Reports on Think Tank Funding, US Shooting, Economic Forecast
The Guardian is reporting that some of Australia’s largest think tanks are facing increasing pressure to reveal their financial backers. The outlet said a report by Deloitte, commissioned by Unicef, found that natural disasters will cost young Australians $100 billion…
Politics and GovernmentWorldBusinessWeatherEntertainmentSportAustraliaUnited StatesPolandMiddle EastGeneral PoliticsFederal GovernmentFinancial MarketsMilitaryDisastersLaw EnforcementFilm and TV Think TanksCharlie KirkShootingUtahEconomic ForecastRussiaGuardian Australia
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Media Monitor: Police Locate Tom Phillips' Campsite
RNZ is reporting that police believe they have discovered the main campsite used by Tom Phillips and his children in recent months. It said the campsite is about 200 meters from where the younger children were found on Monday. Detective…
WorldPolitics and GovernmentBusinessEntertainmentSportGeneral PoliticsLegalFilm and TVEconomyTradeEmployment and LaborMusicTransportation
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KiwiSaver Shows Resilience with $123 Billion Under Management
The latest KiwiSaver Annual Report indicates the scheme's resilience amid economic challenges. The report, released by the Financial Markets Authority (FMA), shows total funds under management grew by 10% to $123 billion, driven by $12.2 billion in contributions and $6.4…
BusinessPolitics and GovernmentEconomyFinancial MarketsEmployment and LaborState Governments KiwiSaverFinancial Markets AuthoritySamantha Barrassretirement savingsinvestmentfinancial wellbeingAucklandNZ Financial Markets Authority
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New Zealand Sees Increase in Overseas Visitors in July 2025
Overseas visitor arrivals in New Zealand reached 236,600 in July 2025, marking an increase of 14,700 from July 2024. According to Stats NZ, the most significant changes were in arrivals from Australia, up by 17,700, while arrivals from China decreased…
WorldBusinessPolitics and GovernmentAustralasiaEconomyTradeEducation
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Federated Farmers Warns of Carbon Forestry Impact on Central North Island
Federated Farmers Whanganui is calling on the Government to urgently strengthen rules to prevent whole-farm carbon forestry conversions on productive land. Provincial president Ben Fraser says the increasing displacement of sheep farms by permanent pine trees is a major concern…
Politics and GovernmentBusinessEnvironmentGeneral PoliticsEconomyClimate ChangeAgriculture Federated Farmerscarbon forestryCentral North IslandBen FraserEmissions Trading SchemeWhanganuiLand Use
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Media Monitor: RNZ Reports on Fugitive's Campsite, Drug Overdose
RNZ is reporting that the first photos of the campsite where fugitive Tom Phillips and his children were recently staying show a quad bike, some tires, and cans of Sprite. It said the photos were released as part of Sam…
Politics and GovernmentHealthBusinessWorldSportGeneral PoliticsFederal GovernmentEconomyFinancial MarketsMedical ScienceLaw Enforcement Tom PhillipsCampsiteDrugsChildrenCharter schoolsErin PattersonSentencingRNZ News
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New Zealand's Filled Jobs Decrease Slightly in June 2025 Quarter
Figures released by Stats NZ show a slight decrease in filled jobs for the June 2025 quarter. Total actual filled jobs reached 2.26 million. Seasonally adjusted filled jobs were down 0.5 percent (10,560 jobs) compared to the March 2025 quarter.…
BusinessEmployment and LaborEconomyTradeMedia Stats NZfilled jobsgross earningsemployment dataPAYEStatistics NZ
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Construction Sales Decline by $720 Million in June 2025 Quarter
Construction sales experienced the most significant drop in the June 2025 quarter, according to Stats NZ. The sector saw a decrease of $720 million compared to the March 2025 quarter. This decline occurred within the 14 industries tracked by business…