Category: economy
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FMA Consults on Debt Security Buy-Backs
The Financial Markets Authority (FMA) is seeking feedback on a proposed class exemption for listed issuers regarding buy-backs of their own quoted debt securities. This exemption would apply to certain unsolicited offer regulations. FMA Executive Director Liam Mason stated that…
BusinessPolitics and GovernmentLegalAustralasiaFinancial MarketsEconomyFederal Government
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New Zealand CAA to Increase Fees and Levies in 2025
New Zealand's Civil Aviation Authority (CAA) will increase fees, levies, and charges starting July 1, 2025, following a pricing review. Passenger safety levies will rise by 145% to $3.92 per passenger. Passenger security levies will increase by 66% to $10.91…
Politics and GovernmentTransportationBusinessAustralasiaEconomyFederal Government
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NZ Retail Spending Slightly Down in May 2025
Spending in New Zealand's retail industries saw a slight dip in May 2025, according to the latest electronic card transactions (ECT) data. Stats NZ reported that overall retail spending decreased by 0.2 percent, a drop of $9.9 million compared to…
BusinessEconomyTradeAustralasia Electronic Card TransactionsRetail SpendingConsumer SpendingEconomic ActivityStats NZFinanceStatistics New Zealand
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Media Monitor: Man sentenced for murder of 83-year-old
RNZ is reporting that Elliot Cameron was sentenced to life imprisonment for the murder of 83-year-old Frances Anne Phelps. RNZ said Cameron, a mental health patient, murdered Phelps in her Christchurch home in October of last year. He will serve…
Politics and GovernmentHealthBusinessWorldEntertainmentSportMedical ScienceEconomySocial IssuesLegal RNZElliot CameronFrances Anne PhelpsChristchurchMurderSentencingRNZ News
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New Zealanders Work Longer, Says Stats NZ
Stats NZ reported today that New Zealanders are entering the workforce sooner and working later in life. According to 2023 Census data, teenage participation in the workforce has increased compared to previous censuses. Dr. Rosemary Goodyear, 2023 Census spokesperson, noted…
BusinessPolitics and GovernmentEmployment and LaborEconomyEducation Stats NZworkforceemploymentcensusDr Rosemary GoodyearDemographicsStatistics New Zealand
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Media Monitor: NZ Schools Maintain Homemade Lunches Despite Funding Cuts
RNZ is reporting that some New Zealand schools are choosing to continue making their own lunches despite funding cuts to the government's free school lunch program. It said that after six months under the revised scheme, the schools are reporting…
Politics and GovernmentWorldBusinessSportEducationWeatherAustraliaMiddle EastLaw EnforcementSocial IssuesEconomyEnergyLegal RNZschool lunchesfunding cutsLoafers Lodge fireHMAS Canberrainternet outageRNZ News
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NZ Filled Jobs Dip Slightly, Gross Earnings Rise in March 2025 Quarter
Total filled jobs in New Zealand reached 2.26 million in the March 2025 quarter. According to figures released on June 9, 2025, seasonally adjusted filled jobs experienced a slight decrease of 0.1 percent (2,499 jobs) compared to the December 2024…
BusinessEconomyEmployment and LaborAustralasia employment datafilled jobsgross earningsMarch 2025statisticsGovernment StatisticianStatistics New Zealand
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New Zealand Businesses See Sales and Profit Growth in March 2025 Quarter
New Zealand businesses saw a rise in sales and operating profits in the March 2025 quarter compared to the same period last year. According to data, sales reached $190 billion, a 3.3 percent increase, while operating profit rose to $26…
BusinessEconomyTradeEmployment and LaborFinancial Markets Business Financial DataSalesOperating ProfitManufacturingWholesale TradeStatistics New Zealand
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Federated Farmers Petition for KiwiSaver Access for Young Farmers
Federated Farmers has launched a nationwide petition urging the Government to amend KiwiSaver rules, enabling young farmers to use their savings to purchase their first farm, flock, herd, or home. Dairy chair Richard McIntyre highlighted the importance of this issue,…
Politics and GovernmentBusinessAgricultureEconomy Federated FarmersKiwiSaverRichard McIntyreNational FieldaysPetitionFarmingGovernment
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Media Monitor: Māori MPs Suspended, Cook Strait Ferries Cancelled
RNZ is reporting that Te Pāti Māori co-leaders received a 21-day suspension from Parliament following a debate over their haka protest. It said Hana-Rawhiti Maipi-Clarke received a seven-day suspension. RNZ also reported that Cook Strait ferries have been canceled due…
Politics and GovernmentBusinessWeatherSportWorldGeneral PoliticsFederal GovernmentEconomyClimate ChangeLegal Te Pāti MāoriHakaCook StraitSkyCityFletcher ConstructionTrumpElon MuskRNZ News
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David Seymour Calls for Support for Regulatory Standards Bill
ACT Leader David Seymour is calling for public support for the Regulatory Standards Bill, which aims to reduce red tape and improve law-making. Seymour argues that excessive regulation stifles innovation and increases costs for businesses and individuals. The Bill is…
Politics and GovernmentBusinessLegalEconomyGeneral PoliticsFederal GovernmentTradeLaw David SeymourACTRegulatory Standards Billred tapeTe Pāti MāoriTreaty of Waitangilaw-making
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NZ Building Volume Flat in March 2025 Quarter
New Zealand's total building volume remained stable in the March 2025 quarter, according to Stats NZ. The seasonally adjusted figures showed no change from the December 2024 quarter, with residential building increasing by 2.6 percent, offset by a 3.9 percent…
BusinessEconomyReal EstateAustralasia building volumeresidential buildingnon-residential buildingStats NZConstructionEconomic statisticsStatistics New Zealand
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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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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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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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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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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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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