Category: business
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Henderson Beat Team Makes Arrests and Lays Charges
The Henderson Beat Team in Waitematā District has reported significant results since its inception early last month. Inspector Kelly Farrant, Waitematā West Area Response Manager, stated that the team has made 48 arrests in their first four weeks and laid…
Law EnforcementSocial IssuesBusinessLegal Henderson Beat TeamWaitematā DistrictarreststheftWaitākere District CourtshopliftingNew Zealand Police
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Work-related injury claims fall to record low
New data shows a decrease in work-related injury claims in New Zealand. According to injury statistics for work-related claims, a total of 209,400 claims were made in 2024, a decrease of 16,600 from 2023. The incidence rate for work-related injury…
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Stats NZ Corrects Food Price Index Movements for September 2025
Stats NZ has issued a correction to the annual and monthly percentage movements for the food price index (FPI). The corrected data is available in the CSV files on Selected price indexes: September 2025 and in Infoshare. For all groups…
BusinessMediaEconomyDigital and Print PublishingMedia Crisis Stats NZFood Price IndexSeptember 2025InfoshareCSV filesPrice IndexesWellingtonStatistics NZ
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New Zealand Food Prices Rise 4.1 Percent Annually
Stats NZ reported today that food prices in New Zealand increased by 4.1 percent in the 12 months to September 2025. This is the smallest annual increase since April 2025. The grocery food group saw the most significant increase, rising…
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Trojan Developments Recalls Prox Rex Security Product
Trojan Developments has issued a recall for its Prox Rex home and lifestyle product, due to a security vulnerability. The product, identified by "Prox Rex" printed on the front and "Prox Rex V9.8" on the back, was supplied from July…
BusinessScience & TechnologySocial IssuesComputers and InternetLegal
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FMA Warns Finbase for Disclosure and Fair Dealing Breaches
The Financial Markets Authority (FMA) has issued a warning to HP Capital Limited, trading as Finbase, for serious breaches of the Financial Markets Conduct Act 2013 (FMC Act) and Financial Markets Conduct Regulations 2014 (FMC Regulations). The warning concerns Finbase’s…
BusinessPolitics and GovernmentLegalFinancial MarketsEconomyBanking FMAFinbaseFinancial Markets AuthorityFinancial Markets Conduct Act 2013Financial Markets Conduct Regulations 2014Single InvestmentHP Capital LimitedNZ Financial Markets Authority
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Wellington City Council Adopts Annual Report, Highlights $488.6 Million Infrastructure Investment
Wellington City Council adopted its audited Annual Report and financial statements for the 2024/25 year at its final meeting of the 2022-25 triennium. The report, to be published on the Council’s website, highlights a $488.6 million investment in the city’s…
Politics and GovernmentBusinessEnvironmentState GovernmentsEconomyFinancial Markets Wellington City CouncilAnnual Reportinfrastructure investmentfinancial resiliencevolunteer servicesnative plantsDistrict Plan
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New Zealand Electronic Card Transactions Drop in September 2025
Figures released on October 14, 2025, detail changes in electronic card transactions (ECT) for September 2025. The data encompasses debit, credit, and charge card transactions with New Zealand-based merchants, offering insights into consumer spending and economic trends. All figures are…
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New Zealand Sees Increase in Overseas Visitors in August 2025
Overseas visitor arrivals in New Zealand increased in August 2025, with 230,300 visitors, up 16,000 from August 2024. According to Stats NZ, the largest increases were in arrivals from Australia (up 8,500), China (up 1,700), Taiwan (up 1,600), and Japan…
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Media Monitor: Consumer NZ Announces Passing of Former Chief Executive
Consumer NZ is reporting that David Russell, who was Chief Executive for 17 years, has passed away. It said Russell was a "relentless fighter for consumer rights". In other news, Consumer NZ is advising that Windows 10 will stop receiving…
BusinessScience & TechnologyHealthComputers and InternetArtificial IntelligenceMedical ScienceSocial Issues
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Māori Business Statistics Show Slight Sales Increase in June 2025 Quarter
Statistics New Zealand reported that in the June 2025 quarter, Māori authorities and related businesses saw a slight increase in sales. The total value of sales reached $1,069 million, up $8.2 million (0.8 percent) compared to the June 2024 quarter.…
BusinessPolitics and GovernmentAustralasiaEconomyEmployment and LaborTradeGovernment
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Ultra Violette Lean Screen SPF 50+ Recalled Due to Inconsistent SPF Levels
Ultra Violette is recalling its Lean Screen SPF 50+ sunscreen due to inconsistencies in its Sun Protection Factor (SPF) levels. Testing revealed that the product's SPF may range from 4 to 64. The product was sold between 1 October 2020…
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Hancook Brand Sundae (Korean Black Sausage) Recalled Due to Safety Concerns
Hancook Limited has issued a recall for all batches and dates of its Hancook brand Sundae (Korean black sausage) due to a failure to meet required food safety standards. The recall affects the 500g product sold in plastic packaging. The…
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New Zealand Household Saving Surges in June 2025 Quarter
New Zealand household saving saw a notable increase in the June 2025 quarter, climbing from $149 million in the March 2025 quarter to $804 million. Stats NZ attributes this rise to household net disposable income increasing at a faster rate…
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Steelcraft and Britax Strollers Recalled in New Zealand
Britax Childcare (NZ) Ltd has issued a recall for Steelcraft One2 V2 and Britax One2 strollers sold at Baby Bunting NZ between January 1, 2024, and October 6, 2025. The recall affects Steelcraft One2 V2 strollers with series number RM-S287T…
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Stats NZ Releases Household Labour Force Survey Data for September 2025 Quarter
Stats NZ released the household labour force survey estimated working-age population table for the September 2025 quarter. This table provides the population benchmarks used to produce household labour force survey estimates for the upcoming labour market statistics release. The Government…
BusinessPolitics and GovernmentEmployment and LaborEconomyTradeGovernment Stats NZHousehold Labour Force SurveyWorking-Age PopulationSeptember 2025 QuarterLabour Market StatisticsWellingtonGovernment StatisticianStatistics NZ
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FMA Appoints Dr. Philip Stevens as Chief Economist
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has appointed Dr. Philip Stevens as Chief Economist. Stevens brings over 25 years of economics experience, including academic and public sector roles. He holds a doctorate in Economics from…
BusinessPolitics and GovernmentEconomyFinancial MarketsBankingEmployment and Labor FMAPhilip StevensSamantha BarrassChief EconomistFinancial Markets AuthorityEconomicsNZ Financial Markets Authority
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Pacific Door Systems Recalls Fire Doors Due to Asbestos Contamination
Pacific Door Systems Limited (PDS) has recalled certain fire-rated doors due to potential asbestos contamination. The contamination involves asbestos fibres impacting one category of fire-rated door ‘cores’ (FRB board) used in Pyropanel fire-rated doors. The FRB board is manufactured by…
HealthBusinessSocial IssuesAustralasiaEmployment and LaborTradeLegal
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New Zealand Dwelling and Household Estimates Released for September 2025 Quarter
Stats NZ reported that at September 30, 2025, New Zealand had an estimated 2,133,400 private dwellings and 2,050,000 households. These national dwelling and household estimates serve multiple purposes, including planning and policy formation. They are also used for business decisions…
BusinessPolitics and GovernmentAustralasiaEconomyReal EstateState Governments
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Smartfoods Limited Recalls Tom & Luke and Vogel's Products Due to Metal Contamination
Smartfoods Limited has issued a recall for specific batches of Tom & Luke brand Protein Peanut Brownie Snackaballs and Vogel's brand Cluster Crunch Peanut Butter and Daily Protein Plus Almond Pistachio, due to the potential presence of small metal pieces.…
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Media Monitor: RNZ Reports on Hospital Negligence, Police Shooting
RNZ is reporting that a three-year-old boy died from septic shock in a rural hospital after critical errors by an on-call doctor and a nurse. It said the Health and Disability Commissioner has contacted Health NZ to address staffing suitability…
HealthPolitics and GovernmentBusinessSportWorldMedical ScienceState GovernmentsSocial IssuesEconomyFinancial MarketsAsia
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Former Financial Advisor Sentenced for Theft
A former financial advisor, Murray McClune, has been sentenced to three years and seven months’ imprisonment for two charges of theft by person in a special relationship. The charges followed an investigation by the Financial Markets Authority (FMA). The Judge…
BusinessLegalEconomyFinancial MarketsBanking Financial Markets AuthorityMurray McCluneFinancial AdvisorTheftSentencingMargot GatlandFinancial ServicesNZ Financial Markets Authority
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IAG to Pay $19.5 Million Penalty for Widespread Failures
IAG New Zealand Limited will pay a $19.5 million penalty after admitting to fair dealing breaches. The Financial Markets Authority (FMA) investigation revealed that IAG made false and/or misleading representations regarding its insurance products. FMA Executive Director Louise Unger stated,…
BusinessPolitics and GovernmentFinancial MarketsLegalEconomy IAG New Zealand LimitedFinancial Markets AuthorityLouise UngerFinancial Markets Conduct Actfair dealingpecuniary penaltyNZ Financial Markets Authority
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FMA Warns Kiwi Investors of 'Pump and Dump' Scam
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko, has alerted Kiwi investors to a new “pump and dump” scam. The FMA issued the warning as part of World Investor Week, which aims to educate and protect investors. According…
BusinessPolitics and GovernmentWorldEconomyFinancial MarketsLaw EnforcementLegalAsiaAustralasiaNorth America
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Wellington City Council Announces Alcohol Licence Applications Open for Public Objection
Wellington City Council has announced that several alcohol licence applications are now open for public objections. These applications include: Boomrock Wellington Limited, located at 292 Boom Rock Road, Ohariu; Cafe Laz, situated at 121 Riddiford Street, Newtown; and Super Mato,…
Politics and GovernmentBusinessLegalState Governments Wellington City Councilalcohol licenceBoomrock WellingtonCafe LazSuper MatoThe Realm Bar and GrillNewtown
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Media Monitor: Consumer NZ Reports on Dishwashers
Consumer NZ is reporting that some dishwashers on the market are ineffective at drying dishes. It said that in recent testing, two dishwashers left dishes as if they had been “dried in a rainforest.” The organization also highlighted three dishwashers…
BusinessScience & TechnologyHealthAustralasiaEconomyMedical ScienceComputers and InternetEnergy
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Media Monitor: RNZ Reports on Funding Boost, Port Expansion, Sports, and More
RNZ is reporting that the government has announced a $42.8 million funding boost for the 'Biodiscovery Platform'. It also said that Northport has been granted consent for a major expansion by the Environment Court after committing to new conditions. In…
Politics and GovernmentHealthBusinessSportWorldWeatherSamoaAsiaTradeMedical ScienceEnvironmentTransportationDairyGeneral Weather RNZNorthportAll BlacksLiam LawsonSingapore Grand PrixRNZ News
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Tesla Recalls Powerwall 2 Units in New Zealand Due to Fire Risk
Tesla New Zealand has issued a recall for a subset of Powerwall 2 battery energy storage units sold between 1 November 2020 and 30 June 2022, due to a potential fire risk. The recall affects units containing specific lithium-ion battery…
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Pams Mini Hash Browns Recalled Due to Plastic Contamination
Foodstuffs Own Brands Ltd is recalling a specific batch of Pams brand Mini Hash Browns due to the potential presence of foreign matter, specifically hard plastic. The affected product is the Pams brand Mini Hash Browns (750g) with a "Best…
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Gilmours Chopped Peanuts Recalled Due to Metal Contamination
Foodstuffs Own Brands Ltd is recalling Gilmours brand Peanuts Chopped due to the possible presence of small metal pieces. The recall affects the 3kg plastic bags of Gilmours brand Peanuts Chopped with batch markings NZ039567 (Best Before: 24/04/2026) and NZ040191…