Category: business
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Media Monitor: ABC News reports on visa cancellation, hospital funding, and more
ABC News is reporting that the federal government has revoked the visa of a man who attended a far-right National Socialist Network protest at NSW's parliament house. It said health ministers are in disagreement with the prime minister, who is…
Politics and GovernmentHealthWorldBusinessEntertainmentAustraliaWhite HouseRepublican PartyFederal GovernmentState GovernmentsEconomyTradeMedical ScienceSocial IssuesLegal Neo-NaziNational Socialist NetworkHospital FundingJeffrey EpsteinPaige GrecoAsbestosAustralian beefABC News Australia
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New Zealand Food Prices Surge 4.7 Percent Annually
Food prices in New Zealand have seen a significant increase of 4.7 percent in the 12 months to October 2025, according to Stats NZ. This follows a 4.1 percent increase in the year to September 2025. The rise was largely…
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Wellington City Council Announces Alcohol Licence Applications
Wellington City Council has announced several alcohol licence applications are currently open for public objection. These applications span a range of establishments, from restaurants and clubs to supermarkets, across various suburbs. The establishments include KCB Wellington, located at 55 Courtenay…
Politics and GovernmentLegalBusinessState Governments Wellington City Councilalcohol licenceKCB WellingtonWoolworthsQT WellingtonliquorNewtown
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Media Monitor: Consumer NZ Reports on Aftersales Service Satisfaction
Consumer NZ is reporting that one in five customers are not happy with aftersales service. It said consumers should learn how to stand up for their rights when dealing with aftersales services. Consumer NZ also highlighted results from product testing,…
BusinessScience & TechnologySocial IssuesAustralasiaEconomyComputers and InternetTradeLegal
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Media Monitor: RNZ Reports on Lotto, Vehicle Safety, and More
RNZ is reporting that a financial advisor is offering advice to anyone who wins Saturday's $55 million Lotto jackpot. It said a father has been fighting for Waka Kotahi to address the dangers of a vehicle braking system involved in…
BusinessSportWorldWeatherTransportationSocial IssuesAustralasiaFinancial MarketsMedical ScienceGeneral Weather
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Belkin Recalls BoostCharge USB-C PD Power Bank 20K Due to Fire Hazard
Belkin has announced a recall of its BoostCharge USB-C PD Power Bank 20K due to a potential fire hazard. The recall affects units sold at Harvey Norman, Ingram Micro (NZ), and Noel Leeming between August 1, 2020, and August 31,…
BusinessScience & TechnologyAustralasiaProduct RecallComputers and InternetLegal
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New Zealand National Accounts Data Released for Year Ended March 2024
Stats NZ released the National Accounts (industry production and investment) for the year ended March 2024. The release contains a reconciled set of detailed industry data on production, investment, and capital stock. This data is used to update and maintain…
BusinessPolitics and GovernmentEconomyFinancial MarketsTradeFederal Government National AccountsIndustry ProductionInvestmentGDPStats NZGovernment StatisticianStatistics NZ
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New Zealand National Accounts Updated to March 2024, Provisional Estimates for 2025
Stats NZ released updated national accounts data, providing insights into New Zealand's domestic production, income, spending, and saving patterns. The "National accounts (income and expenditure): Year ended March 2025" release includes updated estimates up to and including the year ended…
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Recall Issued for Magnetic Game Sold on Trade Me Due to Ingestion Hazard
A recall has been issued for a magnetic game sold by Dealbox on Trade Me between 21 November 2024 and 9 May 2025. The Ministry of Business, Innovation and Employment has flagged the product as unsafe due to the presence…
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Australian Visitor Arrivals to New Zealand Surge in 2025
Visitor arrivals from Australia reached 1.48 million in the September 2025 year, up from 1.33 million the year before, according to data released by Stats NZ today. This represents an increase of 153,500, or 12 percent, compared with the September…
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New Zealand's Net Migration Drops to Lowest Since 2013
New Zealand's net migration gain has fallen to 12,400 in the year to September 2025, according to provisional estimates released by Stats NZ. This is down from 42,400 in the previous year. The 2025 figure represents the lowest net migration…
Politics and GovernmentBusinessAustralasiaEconomyEmployment and Labor
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New Zealand Electronic Card Transactions Rise in October 2025
Spending in New Zealand's retail industries saw a slight increase in October 2025, according to the latest electronic card transactions (ECT) series. The data, which covers debit, credit, and charge card transactions with New Zealand-based merchants, indicates changes in consumer…
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Former NZ Financial Advisor Pleads Guilty to Breaching Stop Order
David McEwen, a former financial advisor previously based in Auckland, has pleaded guilty to charges relating to breaching a stop order issued by the Financial Markets Authority (FMA). His sentencing is scheduled for January 14. The FMA had previously issued…
BusinessPolitics and GovernmentLegalAustralasiaFinancial MarketsLaw EnforcementEconomy
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Educational Colours Sand Recall Due to Asbestos Risk
Educational Colours Pty Ltd has issued a voluntary recall of its Rainbow Sand and Creatistics Coloured Sand due to the detection of tremolite, a type of naturally occurring asbestos, in some samples. The recall was initiated after laboratory testing revealed…
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Stats NZ Clarifies Ready-Mixed Concrete Data Release
Stats NZ has clarified that it is not planning any changes to its Ready-mixed concrete release for the September 2025 quarter. An earlier communication incorrectly stated planned changes. Instead, Stats NZ aims to gather feedback on how customers utilize the…
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Ready-Mixed Concrete Volume Declines in September 2025 Quarter
In the September 2025 quarter, New Zealand's ready-mixed concrete production experienced a decline. The actual volume produced reached 926,283 cubic metres, marking a 6.5 percent decrease compared to the September 2024 quarter. For the year ending September 2025, the total…
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FMA Releases Annual Audit Quality Monitoring Report
The Financial Markets Authority (FMA) has released its latest Audit Quality Monitoring Report, offering a snapshot of its oversight of audit firms. The 2024/25 report aims to help directors and auditors improve audit quality, pointing out both strengths and areas…
BusinessPolitics and GovernmentEnvironmentAustralasiaFinancial MarketsEconomyClimate ChangeLegal
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Crywolf Baby Hooded Towels Recalled Due to Fire Hazard
Crywolf NZ has issued a recall for its Baby Hooded Towels (Lucky Picnic, Lucky Days, Little Lobsters) due to a potential fire hazard. The recall affects products sold from September 1, 2025, to September 20, 2025, at various retailers including…
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FMA Releases Annual Report and 'Ease of Doing Business' Survey
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has released its annual report for the year to 30 June 2025, detailing strategic objectives and core functions. These include an evolving outcomes-focused and intelligence-led approach, deterring harmful unregulated…
BusinessPolitics and GovernmentScience & TechnologyAustralasiaEconomyFinancial MarketsLaw EnforcementArtificial IntelligenceLegal
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Media Monitor: Consumer NZ Reports Z Energy Apology
Consumer NZ is reporting that Z Energy has apologized for any confusion caused by parts of its campaign. It said the apology was also directed to any customers who thought Z was going to stop selling petrol any time soon.…
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Multiple Product Recalls Announced in New Zealand
Several product recalls have been announced in New Zealand, spanning various consumer goods due to safety concerns. These recalls include sunscreen, novelty cups, and children's toys. People4ocean SPF 50+ Mineral Bioactive Shield Lightly Tinted Cream is being recalled because preliminary…
HealthBusinessWorldAustralasiaMedical ScienceTradeSocial IssuesLegal
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FMA Files Market Manipulation Case Against Investor for STU Shares Trading
The Financial Markets Authority (FMA) has filed High Court civil proceedings against Franco Belgiorno-Nettis, an Auckland-based retail investor, for alleged market manipulation of Steel and Tube Holdings Limited (STU) shares. The case focuses on orders for STU shares that Mr.…
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Panda Mart Recalls Music Cube and 6-Sided Cube Toy
Panda Mart has issued a recall for its Music Cube and 6-Sided Cube Toy, as these products do not comply with New Zealand toy standards. According to a release, the toys may present a potential risk to children under three…
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New Zealand's Unemployment Rate Stays Above 5% in September 2025
New Zealand's seasonally adjusted unemployment rate remained at 5.3 percent in the September 2025 quarter, according to Stats NZ. This marks the fourth consecutive quarter with the unemployment rate exceeding 5 percent. The last time the unemployment rate reached 5.3…
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Nothing Naughty Recalls Pea Protein Due to Undeclared Allergen
Nothing Naughty 2021 Limited is recalling a specific batch of its Nothing Naughty brand Premium Pea Protein - Natural Caramel because it contains an undeclared milk allergen. The recall affects the 1kg product with a best before date of 07…
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Timezone Recalls Rubber Duck Figurines Due to Choking Hazard
Timezone has announced a recall of its Rubber Duck Figurines, sold between 1 November 2022 and 17 October 2025, due to a potential choking hazard. The product could be classified as a Squeeze Toy and it may pose a risk…
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New Zealand Home Consents Surge in September, Up 27%
New figures from Stats NZ reveal a significant increase in home consents across Aotearoa New Zealand. In September 2025, 3,747 new homes were approved, marking a 27 percent rise compared to September 2024. Accounting for seasonal variations, there was a…
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Wellington City Alcohol Licence Applications Open for Public Objections
Several alcohol licence applications in Wellington City are now open for public objections. These applications span a range of establishments, from restaurants to supermarkets, across various suburbs. The establishments include Salty Pidgin, located at 1 Todman Street, Brooklyn, with the…
Politics and GovernmentBusinessLegalState Governments Alcohol LicenceWellingtonBrooklynTe AroHataitaiNewtownMiramarWellington City Council
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Media Monitor: RNZ Reports Z Energy Apology, Online Scams Surge
RNZ is reporting that Z Energy has apologized for its 2022 ad campaign following legal action. Consumer groups and environmental organizations claimed the campaign was misleading and constituted greenwashing. RNZ also reports that New Zealanders are losing more money to…
BusinessScience & TechnologyEntertainmentSportWeatherEconomyEnvironmentMusicMedical ScienceAgricultureGeneral Weather Z EnergyOnline ScamsNetsafeBeneficiariesPensionersFood InsecurityRNZ News
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Media Monitor: Consumer NZ Warns Against Buying Toys, Chargers From Temu, Shein
Consumer NZ is reporting that consumer testing has found numerous children’s toys and products, as well as USB chargers and necklaces, sold on Temu and Shein are not safe. Consumer NZ also noted that Microsoft is in court for allegedly…
BusinessScience & TechnologyWorldComputers and InternetTradeLegalAustralasia