Category: economy
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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…
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Media Monitor: New Zealand fugitive killed after years on the run
The BBC is reporting that a New Zealand father who went on the run with his children in the wilderness for almost four years has been shot dead. It said Tom Phillips was killed in a shootout following a police…
WorldBusinessScience & TechnologyLaw EnforcementSocial IssuesEconomyMedical ScienceEuropeMiddle East Tom PhillipsPioPioNorth IslandEmber PhillipsMaverick PhillipsJayda PhillipsBBC
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Media Monitor: RNZ Reports Fugitive Killed in Shootout
RNZ is reporting that fugitive Marokopa father Tom Phillips has been shot dead by police after allegedly ram-raiding a building in Piopio. It said a local police officer was also shot in the head in the early morning incident and…
Politics and GovernmentBusinessWorldLaw EnforcementLegalEconomyReal EstateSportAustralasia
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New Zealand Local Authority Statistics for June 2025 Quarter Released
Stats NZ released local authority statistics for the June 2025 quarter. The statistics provide information on the performance of core non-trading activities of New Zealand's territorial and regional councils. CSV files are available for download from the Stats NZ website.…
Politics and GovernmentBusinessAustralasiaEconomyState Governments
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ANZ Pays $3.25 Million for Misleading Statements
ANZ has admitted to breaching fair dealing laws and will pay $3.25 million to the Crown following a Financial Markets Authority (FMA) investigation. The breaches involve wrongly applying fees and interest for unarranged overdrafts and incorrectly claiming repayment of mortgage…
BusinessPolitics and GovernmentEconomyFinancial MarketsBankingLegal ANZFinancial Markets AuthorityFMAFinancial Markets Conduct ActMortgage incentivesOverdraft feesFinanceNZ Financial Markets Authority
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Media Monitor: RNZ Reports on Deportation Law Changes, Budget Hole
Radio New Zealand is reporting that Immigration Minister Erica Stanford is defending proposed deportation law changes. It said the changes would allow for the deportation of permanent residents convicted of crimes, even if they have lived in New Zealand for…
Politics and GovernmentHealthBusinessWeatherSportGeneral PoliticsFederal GovernmentEconomyMedical ScienceTransportation Radio New ZealandErica StanfordChristopher LuxonAuckland TransportWeather warningDeportationRNZ News
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Wellington's Economic Strategy Delivers Impact
Wellington's Economic Wellbeing Strategy (EWS) is making a difference through major events, a scale-up tech hub, support for sports, and growth in the screen sector. Recent council initiatives include digital trade parking permits and a hospitality partnership announcement for the…
BusinessPolitics and GovernmentAustralasiaEconomyState GovernmentsTrade
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Media Monitor: RNZ Reports on Neo-Nazi Deportation, Social Media Post
RNZ is reporting that New Zealand Prime Minister Christopher Luxon said neo-Nazi Thomas Sewell is an Australian citizen, and he will not comment on calls from Australians to deport him. It said more than 91,000 people have signed a petition…
Politics and GovernmentBusinessWorldSportSocial IssuesNational PartyEconomyTradeDigital and Print PublishingAsiaAustralasia
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New Zealand Building Volume Declines in June 2025 Quarter
New Zealand's building sector experienced a downturn in the June 2025 quarter, according to the latest statistics. The seasonally adjusted total building volume decreased by 1.8 percent compared with the March 2025 quarter. Residential building fell by 2.9 percent, while…
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Financial Markets Authority Seeks Feedback on Tokenisation
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko is seeking feedback on the implications of a growing market for tokenised products. Tokenisation involves converting real or virtual assets into digital tokens that can be stored and traded on…
BusinessScience & TechnologyEconomyFinancial MarketsBankingComputers and InternetLegal Financial Markets AuthorityFMAtokenisationdigital assetsblockchainLiam Masonfinancial servicesNZ Financial Markets Authority
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Media Monitor: RNZ Reports on Neo-Nazi Leader, Amazon Data Centers, Epstein Files
RNZ is reporting that a New Zealand-born leader of a white supremacist group in Australia is appearing in court, charged with intimidating a police officer and breaching an intervention order. It said this follows the neo-Nazi's alleged involvement in a…
Politics and GovernmentBusinessWorldSportNational PartyEconomyAsiaMusic
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Media Monitor: RNZ Reports on Nurses' Pay Dispute, Loafers Lodge Trial
RNZ is reporting that Health New Zealand's clinical boss said he was unaware nurses were demanding a 3% pay increase as part of strike action this week. It said he was unsure if the demands related to staffing or pay.…
HealthPolitics and GovernmentBusinessWorldSportEmployment and LaborState GovernmentsSocial IssuesEconomyEnvironment Health New ZealandNursesLoafers LodgeOranga TamarikiSimeon BrownCJ WhiteInfrastructureRNZ News
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New Zealand's Two-Way Trade Reaches $56.4 Billion in June 2025 Quarter
New Zealand's international trade saw a significant increase in the June 2025 quarter. Total exports of goods and services reached $28.9 billion, up from $26.3 billion in the same period last year. Imports also rose, totaling $27.6 billion, compared to…
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AWS Launches Asia Pacific Region in New Zealand, Plans $7.5B Investment
Amazon has announced the launch of the AWS Asia Pacific (New Zealand) Region, providing enhanced cloud services to developers, startups, enterprises, and various organizations within New Zealand. Amazon plans to invest more than NZ$7.5 billion in the country to support…
BusinessScience & TechnologyWorldEconomyComputers and InternetEnvironmentEnergyAustralasia AWS Asia Pacific (New Zealand) RegionAmazon Web ServicesCloud ComputingDigital InfrastructureEconomic DevelopmentAsia PacificAmazon
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Media Monitor: RNZ Reports on Foreign Home Buyers, Auckland Hospital Death
RNZ is reporting that the coalition government in New Zealand will allow some wealthy foreigners to buy luxury homes. It said the change ends months of negotiations between National and New Zealand First. Under the new rule, holders of "golden…
Politics and GovernmentHealthBusinessWorldSportGeneral PoliticsFederal GovernmentEconomyMedical ScienceSocial Issues Christopher Luxongolden visasAucklandHealth NZforeign buyersmedical errorRNZ News
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New Zealand Apartment Consents Rise in July 2025
New home consents in Aotearoa New Zealand experienced a slight decrease in the year ending July 2025. Stats NZ reported 33,879 new homes consented, a 0.1 percent decrease compared to the previous year. However, stand-alone house consents saw a 1.7…
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Media Monitor: Consumer NZ Highlights Risky Foods, Home Insurance Issues
Consumer NZ is reporting that some common foods could be putting your health at risk. It said their experts have identified five risky foods and are offering advice on how to stay safe while eating them. Consumer NZ is also…
HealthScience & TechnologyBusinessSocial IssuesComputers and InternetMedical ScienceEconomyTradeLegal
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ACT Party Pushes for Reforms Across Multiple Sectors in New Zealand
ACT has been actively addressing key issues in New Zealand, focusing on reducing unnecessary regulations and promoting competition. Recent efforts span various sectors, from alcohol laws to end-of-life choices and support for farmers. Nicole McKee has led reforms to alcohol…
Politics and GovernmentBusinessHealthWorldGeneral PoliticsEconomySocial IssuesLegal ACT PartyNicole McKeeTodd StephensonMark CameronDavid SeymourGovernment RegulationsACT Party NZ
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Media Monitor: Arrests Made in Search for Dezi Freeman
The Guardian is reporting that Victoria police have arrested a 42-year-old woman and a 15-year-old boy in connection with the search for Dezi Freeman, but both have been released pending further inquiries. It said the search for Freeman continues. In…
Politics and GovernmentWorldBusinessSportMediaAustralasiaAsiaEuropeSocial IssuesLaw EnforcementGeneral PoliticsState GovernmentsEconomyTradeFinancial MarketsMedia CrisisAustraliaIndiaIran Dezi FreemanVictoria PoliceAnthony AlbaneseJacinta AllanNews CorpAtlantic CurrentArrestGuardian Australia
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Māori Authorities Diversify Export Destinations Amidst Overall Growth
Goods exports by Māori authorities saw a 43 percent increase between 2017 and 2024, according to Stats NZ. This growth outpaces the 32 percent increase in New Zealand’s total goods exports over the same period. Despite the overall increase in…
BusinessPolitics and GovernmentTradeEconomy Māori authoritiesStats NZexportsChinaUnited StatesTatauranga umanga MāoriStatistics NZ
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Māori Businesses Expand Overseas Export Destinations
Māori businesses have increased the total value of their overseas exports by 43 percent between 2017 and 2024, according to figures released today by Tatauranga Aotearoa. This compares to an increase of 32 percent for all New Zealand businesses over…
BusinessWorldEconomyTrade Māori businessesexportsTatauranga AotearoaChinaUnited StatesBusiness and FinanceStatisticsStatistics NZ
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Media Monitor: New Zealand to Loosen Alcohol Restrictions
Radio New Zealand is reporting that the government has approved easing alcohol restrictions, making it simpler for ministers to declare special trading hours for pubs during major sports events. It said changes to the Sale and Supply of Alcohol Act…
Politics and GovernmentHealthBusinessSportWorldMedical ScienceEconomyLaw Enforcement alcohol restrictionsmethamphetaminesupermarket duopolySale and Supply of Alcohol Actgovernment policycrimeRNZ News
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New Zealand's Filled Jobs Rise Slightly in July 2025
Figures released on August 28, 2025, show a slight increase in seasonally adjusted filled jobs for July 2025. According to Stats NZ, there was a 0.2 percent rise, equating to 5,503 jobs, bringing the total to 2.35 million filled jobs.…
BusinessEmployment and LaborEconomy Employment indicatorsStats NZfilled jobsprimary industriesservice industriesWellingtonStatistics NZ
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Gender Pay Gap Hits Record Low in June 2025 Quarter
New data from Stats NZ reveals a significant decrease in the gender pay gap, dropping to 5.2 percent in the June 2025 quarter. This is a notable improvement from 8.2 percent in the same period last year and marks the…
BusinessPolitics and GovernmentEconomyEmployment and LaborSocial Issues Gender pay gapStats NZJune 2025Abby JohnstonLabour MarketWellingtonIncomeStatistics NZ
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Media Monitor: RNZ Reports on Loafers Lodge Arson Trial
Radio New Zealand is reporting that a man on trial for allegedly setting fire to Wellington's Loafers Lodge hostel, killing five, did so because he didn't want to live there. RNZ said the 50-year-old, who has name suppression, faces five…
Politics and GovernmentHealthSportBusinessLaw EnforcementLegalFilm and TVMusicSocial IssuesEconomyEducation RNZLoafers LodgeArsonWellingtonNewtownFentanylAlbert ParkRNZ News
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New Zealand Retail Sales Volume Increases by 0.5% in June 2025 Quarter
New Zealand's retail sector experienced a slight uptick in the June 2025 quarter, with total sales volumes increasing by 0.5 percent compared to the previous quarter, according to Stats NZ. The figures have been adjusted to account for price inflation…
BusinessEconomyTradeAustralasia Retail SalesStats NZMichelle FeyenEconomic IndicatorsGrocery StoresPharmaceuticalStatistics NZ
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Media Monitor: Whale Gathering Point Found, Parliamentary Debate, and More
Radio New Zealand is reporting that researchers have located a secret gathering point for southern right whales in the Southern Ocean. Separately, RNZ reports that mendacity is becoming more common in parliamentary debate. In other news, RNZ reports on Northland…
Science & TechnologyPolitics and GovernmentEntertainmentBusinessSportWeatherArgentinaEnvironmentGeneral PoliticsParliamentEconomyFinancial Markets Southern OceanWhalesDebateCliff BarnesNRLWarriorsRNZ News
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Media Monitor: Consumer NZ Petition Seeks Supermarket Pricing Oversight
Consumer NZ is reporting that its petition to address pricing errors at supermarkets was handed to New Zealand's Minister for Economic Growth, Nicola Willis. It said the petition was backed by 25,000 signatures. Willis responded that she would consider stronger…
Politics and GovernmentBusinessScience & TechnologyHealthEconomyLegalComputers and Internet Consumer NZNicola Willissupermarketspricingslow cookerswasher-dryer combo
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Media Monitor: NZ Prime Minister Says US Unlikely to Budge on Tariffs
RNZ is reporting that New Zealand Prime Minister Christopher Luxon said that the U.S. President will likely not reduce a 15% trade tariff for New Zealand exports. Trade Minister Todd McClay met with his counterpart in Washington this week to…
Politics and GovernmentBusinessWorldHealthSportTradeEconomyEmployment and LaborMedical ScienceSocial IssuesFilm and TVMusic RNZChristopher LuxonTodd McClayNicola WillisTrade TariffUnited StatesRNZ News