Category: economy
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Media Monitor: RNZ Reports on NZ Recession, Murder Trial, and Financial Advice
Radio New Zealand is reporting that a major bank economist believes New Zealand's economy will likely not improve until 2026. RNZ said Kiwis were previously told to "survive til 25" for the economy to recover. In other news, the diaries…
BusinessLawSocial IssuesWeatherEconomyLegalGeneral Weather recessionJulia Deluneymurder trialcryptocurrencypre-nuptial agreementsRNZ News
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Media Monitor: RNZ reports missing tramper, nursing shortages, price errors
Radio New Zealand is reporting that a West Coast beekeeper who helped recover bodies after the Erebus air disaster has gone missing while tramping. It said police are concerned for the welfare of the 75-year-old, who was overdue from a…
Politics and GovernmentHealthBusinessWorldSportGeneral PoliticsEconomyMedical ScienceLegalEmployment and Labor RNZmissing personnursingConsumer NZprice errorsRNZ News
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Media Monitor: Pipe Bombs Found Near Body in Auckland
Radio New Zealand is reporting that police in Auckland, New Zealand, discovered pipe bombs near a body found beside the Southern Motorway on Tuesday. It said the devices were potentially deadly. Detective Senior Sergeant Mike Hayward stated that the investigation…
Politics and GovernmentBusinessWorldLaw EnforcementSportGeneral PoliticsEconomyLegal AucklandSouthern Motorwaypipe bombsKiwiSaverWestpac BankOzzy OsbourneRadio New Zealand
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Media Monitor: Brothers Convicted of Rape Challenge Sentences
RNZ is reporting that two brothers convicted of drugging and raping young women at their family's bar and restaurant in Christchurch are challenging their convictions and sentences. It said Danny and Roberto Jaz were convicted in 2023 of drugging and…
Law EnforcementBusinessPolitics and GovernmentWorldEntertainmentSportSamoaLegalEconomyEducationFilm and TV RNZChristchurchDanny JazRoberto JazHamiltonTyreece Te PairiEmma-Jane KupaRNZ News
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Media Monitor: Hamilton homicide, inflation increase, Jason Momoa eyes NZ citizenship
Media Monitor: 1News is reporting that a 20-year-old man died in a Hamilton hospital after a fight. Police are investigating and seeking the offender and weapons used. Also, Stats NZ reported that inflation rose to 2.7% in the 12 months…
Politics and GovernmentBusinessEntertainmentSportScience & TechnologyEconomyFilm and TVAgricultureLegal HamiltonHomicideInflationStats NZSounds AirJason MomoaNew Zealand citizenshipOne News NZ
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New Zealand Annual Inflation Edges Up to 2.7 Percent in June 2025
Aotearoa New Zealand's annual inflation rate has risen to 2.7 percent in the 12 months to June 2025, according to Stats NZ. This follows a 2.5 percent increase in the year to March 2025. Despite the increase, Nicola Growden, prices…
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Media Monitor: Consumer NZ Reports on Pricing, Detergents, and AI
Consumer NZ is reporting that some supermarket price tags are too small for customers to read without a magnifying glass. It said two members complained they couldn't easily see how much they were paying. Consumer NZ also highlighted the best…
BusinessScience & TechnologyHealthWorldAustralasiaEconomyMedical ScienceComputers and Internet
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Media Monitor: Radio New Zealand Covers Storms, Bacteria, and Politics
Radio New Zealand is reporting on several stories, including the impact of recent storms on the Tasman region. It said rural residents are facing another deluge. RNZ also noted that bacteria are lurking on household items such as sponges and…
WeatherHealthSportBusinessMediaGeneral WeatherMedical ScienceEconomyFilm and TVTrade TasmanstormsbacteriaGeorge BowerAll BlacksCash Transactions Protection BillBlack CapsRNZ News
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ACT Celebrates Wins, Pushes for Accountability and Practical Reforms
ACT celebrates its recent achievements and outlines its future goals, including holding councils accountable, improving classrooms, lowering grocery prices, and regulating online gambling. The party's annual rally saw over 500 supporters gather to celebrate wins and prepare for the upcoming…
Politics and GovernmentBusinessMediaGeneral PoliticsEconomyEducationSocial IssuesMedia Bias ACT PartyLocal CouncilsSupermarketsOnline GamblingPolitical ReformACT Party NZ
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Media Monitor: DeLuney Interrupts Closing Arguments in Murder Trial
Radio New Zealand is reporting on several stories, including Julia DeLuney's trial in Wellington for the alleged murder of her mother, Helen Gregory. RNZ said that DeLuney interrupted the Crown prosecutor's closing address, objecting to a suggestion about checking the…
Politics and GovernmentHealthBusinessWorldEntertainmentSportIrelandCanadaItalyUnited StatesLegalEducationEconomyTradeFilm and TVSocial Issues Julia DeLuneyHelen GregoryWellingtonMurder trialClosing argumentsCrimeRadio New Zealand
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New Zealand Backs Science Sector with New Institute
Science, Innovation and Technology Minister Dr Shane Reti has announced the establishment of the New Zealand Institute for Advanced Technology (NZIAT) to grow the country’s advanced technology sector and boost high-value exports. The government has committed an initial $231 million…
Science & TechnologyBusinessPolitics and GovernmentAustralasiaEconomy Dr Shane RetiNZIATAucklandWellingtonScienceInnovation
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Media Monitor: RNZ reports Regulatory Standards Bill concerns, poverty increase
RNZ is reporting that another government agency is warning that the costs to comply with the Regulatory Standards Bill could be "significant" and hinder the government's ability to acquire land for infrastructure projects and public works. It said Regulation Minister…
Politics and GovernmentSocial IssuesBusinessWorldSportEconomyEmployment and LaborFinancial MarketsFilm and TVLegal Regulatory Standards BillDavid SeymourPovertyWaiuku crashKiwiSaverAir IndiaRadio New Zealand
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New Zealand Food Prices Increase 4.6 Percent Annually
Food prices in New Zealand have risen 4.6 percent in the year to June 2025, according to Stats NZ. This follows a 4.4 percent increase in the year to May 2025. The rise was primarily driven by increases in grocery…
BusinessEconomyTradeAgricultureAustralasia Food PricesStats NZInflationGrocery FoodMeatPoultryFishStatistics NZ
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Media Monitor: RNZ Reports on Bank Settlement, Rugby Suspensions
RNZ is reporting that a class action lawsuit against ASB and ANZ banks is offering to settle for more than $300 million. It said the case involves more than 150,000 customers affected between 2015 and 2019. The banks breached credit…
BusinessPolitics and GovernmentSportHealthWorldEconomyBankingLaw EnforcementLegal RNZASBANZClass Action LawsuitDunedinGore District CouncilAll BlacksRNZ News
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Media Monitor: RNZ Reports on Commerce Commission Case, Train Suspensions
RNZ is reporting that Finance Minister Nicola Willis is encouraged by the Commerce Commission's case against grocery giants Foodstuffs North Island and Gilmours Wholesale for alleged cartel behavior. The regulator plans to file civil proceedings under the Commerce Act and…
Politics and GovernmentBusinessHealthWorldLaw EnforcementEconomyLegal RNZNicola WillisCommerce CommissionFoodstuffs North IslandGilmours WholesaleHawke's Bay HospitalKiwiRailRNZ News
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Media Monitor: RNZ Covers Tax Plan, Flood Devastation
Radio New Zealand is reporting on several stories, including a proposed tax plan where income tax goes into savings, put forward by a former finance minister and a university economist. RNZ said Whanganui has the lowest average rates increase in…
Politics and GovernmentBusinessWorldWeatherSportEconomyState GovernmentsDisastersTrade RNZWhanganuiTasmanWellingtonRay ChungTory WhanauCarolina WilgaRNZ News
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NZ Retail Spending Edges Up in June 2025
Spending in New Zealand's retail sector saw a slight increase in June 2025, according to the latest electronic card transactions (ECT) data. Stats NZ reported that retail industries experienced a 0.5 percent rise, equating to $32 million, while core retail…
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ACT Criticizes Red Tape After Christchurch Housing Project Cancelled
ACT criticizes red tape for hindering progress, citing a cancelled housing development in Christchurch as an example. The party is advocating for regulatory reforms to streamline processes and reduce burdens on businesses and families. ACT is pushing for changes that…
Politics and GovernmentBusinessEconomyGeneral PoliticsState GovernmentsFinancial MarketsLawSocial Issues ACTChristchurchhousing developmentred tapeRegulatory Standards BillCOVID-19 Royal CommissionNicole McKeeACT Party NZ
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Media Monitor: New Zealand weather warnings, restaurant booking concerns, and migration trends
1 News is reporting that heavy rain warnings have been issued for the upper North and South Islands of New Zealand. It said a strong, moist northerly flow is expected to move east across the country Friday and Saturday. Also,…
WeatherBusinessWorldLaw EnforcementTransportationSocial IssuesAustralasiaGeneral WeatherEconomy
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NZ On Air Announces Second-Year GDSR Recipients
Forty game development studios across Aotearoa New Zealand will receive a share of $22.44 million in the second year of the Game Development Sector Rebate (GDSR). Initial data indicates a 20.5 percent increase in roles, with each GDSR-funded employee generating…
BusinessScience & TechnologyAustralasiaEconomyEmployment and LaborVideo GamesMedia
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Media Monitor: Reserve Bank Holds Official Cash Rate
Radio New Zealand is reporting that the Reserve Bank has held the official cash rate at 3.25 percent. It said the central bank was widely expected to hold the rate steady after nearly a year of cuts. The bank stated…
Politics and GovernmentHealthBusinessSportWorldEconomyMedical ScienceLaw Enforcement Reserve Bankofficial cash rateBarbara Rose McGeeScott GuyFeildingFinanceRNZ News
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Media Monitor: OCR held, heavy rain forecast, youths in custody after shoplifting
1 News is reporting that the Reserve Bank has held the Official Cash Rate (OCR) at 3.25%. It said this marks the first time the OCR has not been cut since July 2024, ending a streak of six consecutive cuts.…
BusinessWeatherPolitics and GovernmentLaw EnforcementHealthUnited StatesEconomyGeneral WeatherWhite HouseLegalSocial Issues Official Cash RateReserve BankMetServiceNorth IslandSouth IslandAucklandCrimeOne News NZ
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Media Monitor: RNZ reports Lower Hutt teen dies from flu complications
RNZ is reporting that a Lower Hutt teenager has died from complications of influenza B. It said 15-year-old Katie Margaret Iti died Saturday in Hutt Hospital after being unwell for a few days. Iti's father said she was seen by…
HealthPolitics and GovernmentBusinessWorldSportAustraliaEuropeMedical ScienceGeneral PoliticsFederal GovernmentEconomyEmployment and LaborTradeLegal RNZKatie Margaret ItiLower Huttinfluenza BWestern Springs StadiumUberEmployment CourtRNZ News
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Media Monitor: New Zealand businesses warned of tax crackdown
1 News is reporting that businesses in New Zealand are being urged to review their financial records as the tax department increases its focus on compliance. 1 News said that business consultancy EY noted an increase in Inland Revenue's funding…
BusinessPolitics and GovernmentWorldEconomyTradeEmployment and LaborOther PartiesLaw EnforcementSocial Issues tax departmentcomplianceInland RevenueOriini KaiparaTe Pāti MāoriTāmaki MakaurauOne News NZ
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New Zealand's Dwelling and Household Estimates for June 2025
As of June 30, 2025, New Zealand has an estimated 2,125,000 private dwellings and 2,041,900 households. These national dwelling and household estimates are vital for planning, policy development, business strategies, and calculating market coverage rates. The Government Statistician authorises all…
BusinessPolitics and GovernmentEconomyAustralasia Dwelling EstimatesHousehold EstimatesJune 2025StatisticsGovernment StatisticianPolicy FormationStatistics New Zealand
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Media Monitor: New World Stops Calling Spread 'Butter'
Consumer NZ is reporting that New World, a supermarket chain in New Zealand, has agreed to stop marketing a new spread as “butter.” Consumer NZ said the product was packaged like butter and placed alongside butter in supermarket chillers, but…
BusinessScience & TechnologySocial IssuesAustralasiaEconomyComputers and InternetLegal
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NZ ACT Party Toughens Stance on Crime and Regulations
ACT is implementing stricter measures against crime, fulfilling its promise to prioritize law and order. The government is cracking down on shoplifting by imposing fines of up to $500 for thefts under $500, and up to $1,000 for thefts over…
Politics and GovernmentLaw EnforcementLegalEconomy ACT PartyCrimeShopliftingTrespass LawsResource Management ActPolitical RallyACT Party NZ
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FMA Investigation into Senior Trust Capital Limited Ongoing
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – is continuing its investigation into Senior Trust Capital Limited (STC), a financier in the senior living sector. The investigation began in November 2024. STC is an issuer under a…
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Media Monitor: New Zealand Weather Alerts, Woolworths Error, Diddy Case
1 News is reporting that severe weather alerts are in place for much of New Zealand. It said heavy rain and strong winds are forecast for the Bay of Plenty and the top of the South Island. Severe thunderstorms are…
WeatherBusinessLawSportHealthWorldGeneral WeatherEconomyFinancial MarketsLegalMedical ScienceFilm and TVUnited States WoolworthsSean "Diddy" CombsStormsProstitutionLegal CaseOne News NZ
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New Zealand's GDP Rises in March 2025 Quarter but Falls Annually
New Zealand's economy showed growth in the March 2025 quarter, but contracted over the year. According to Stats NZ, the gross domestic product (GDP) rose 0.8 percent in the March 2025 quarter, following a 0.5 percent increase in the December…
BusinessEconomyTradeAustralasia GDPStats NZeconomic statisticsGovernment StatisticianMarch 2025 quarterStatistics New Zealand