Category: economy
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Media Monitor: RNZ Reports on Auckland House Fire, Election
RNZ is reporting that emergency services are at the scene of a house fire in Auckland's Bucklands Beach, where two people have died. It said police have taped off part of Murvale Dr as they investigate. Separately, RNZ reports that…
WorldPolitics and GovernmentBusinessHealthSportLaw EnforcementAustralasiaEconomySocial IssuesLegalMedical ScienceFilm and TVMilitaryTradeEmployment and Labor AucklandHouse FireLocal ElectionErin PattersonGazaWealthRNZ News
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Stats NZ to Resume Publishing Household Living-Costs Price Indexes
Stats NZ will resume publishing the household living-costs price indexes (HLPI) on October 28, 2025. The agency paused the HLPI in May 2025 due to technical challenges in updating weights after the Consumers price index review: 2024. Data for the…
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Stats NZ Updates Price Index Methods for September 2025 Quarter
Stats NZ has released methodological updates for its price indexes for the September 2025 quarter. According to Stats NZ, the Government Statistician authorises all statistics and data they publish. For more information, contact James Griffin in Wellington at 04 931…
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Media Monitor: Consumer NZ Seeks Donations
Consumer NZ is reporting that it is seeking donations to reach its $60,000 fundraising goal. It said that in the last three weeks, 630 people have donated $33,966. Consumer NZ said the donations will help fuel its fight for the…
BusinessSocial IssuesEconomyLegal Consumer NZDonationsFundraisingConsumer RightsPower PricesHome Insurance
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Media Monitor: RNZ Reports on Latta's Death, Fire Truck Issues
RNZ is reporting that clinical psychologist and media personality Nigel Latta died after being moved into hospice last week. A family spokesperson, Bridgette Tapsell, told RNZ that Latta accepted his fate after being told his body could not take further…
MediaHealthPolitics and GovernmentBusinessWorldSportMedical ScienceGeneral PoliticsState GovernmentsEconomyTradeAsia
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New Zealand Home Consents Rise Annually and Monthly
New home consents in Aotearoa New Zealand increased by 1.3 percent in the year ending August 2025, with a total of 34,078 new homes approved, according to Stats NZ. The figures indicate a recovery, though numbers remain lower than the…
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No Radical Intervention in Broken New Zealand Energy Market
The New Zealand government released a major package aimed at *securing the nation’s energy future*. Finance Minister *Nicola Willis* and Energy Minister *Simon Watts* delivered the package at 8 a.m., promising targeted measures to ensure reliability, affordability and investment in…
Politics and GovernmentBusinessEnvironmentEnergyAustralasiaGeneral PoliticsEconomyTradeClimate Change electricity marketrenewable energyLNG importgovernment policyenergy security
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New Zealand Government Invests in Energy Security
The New Zealand government has assured power companies that capital is available to support investment in critical electricity infrastructure. Finance Minister Nicola Willis stated, "Reliable and affordable energy is key to New Zealand’s prosperity," emphasizing its importance for households, industries,…
Politics and GovernmentBusinessEnergyEconomyFederal GovernmentTradeEnvironment energy securityNicola WillisSimon WattsFrontier EconomicsLNG import facilityrenewable energy
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Media Monitor: RNZ Reports on Digital Driver's Licenses, Gas Exploration
RNZ is reporting that digital driver licences are set to roll out soon as part of the government's sweeping plans for digital transformation and an all-government app. It said the government "remains on track to deliver the first version by…
Science & TechnologyPolitics and GovernmentBusinessEntertainmentHealthWorldSportAustralasiaDigital and Print PublishingFilm and TVEconomyMedical ScienceArtificial IntelligenceGeneral PoliticsNational PartyEmployment and LaborFinancial Markets
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New Zealand's International Investments Concentrated in Key Nations
New Zealand's balance of payments records the value of the country's transactions with the rest of the world, reflecting changes in financial claims and liabilities. The international investment position provides a snapshot of the country's financial assets and liabilities. As…
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Household Net Worth Increases, Wealth Distribution Unchanged
Stats NZ reported an increase in household net worth, while the distribution of wealth remained unchanged. Corrections have been made to net worth median percentage increases for quintiles 5, 4, and 3 between June 2021 and June 2024. The changes…
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Media Monitor: RNZ Reports on Tattoo Discrimination, Earthquake Laws, and More
RNZ is reporting that a Māori man was allegedly discriminated against at a Gold Coast venue for having a traditional tattoo. Caleb Pokai, 24, said security guards at The Tropic restaurant would not let him in because of the tā…
WorldPolitics and GovernmentBusinessHealthEntertainmentSportAustralasiaGeneral PoliticsEconomyMedical ScienceFilm and TVEmployment and Labor
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New Zealand's Filled Jobs Rise Slightly in August 2025
Figures released on September 29, 2025, show a slight increase in seasonally adjusted filled jobs across New Zealand. According to the August 2025 employment indicators, total filled jobs rose by 0.2 percent (4,814 jobs), reaching 2.35 million. Primary industries saw…
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Media Monitor: RNZ Reports on Palestinian Reaction, Māori Leader's Death
Radio New Zealand is reporting that a Palestinian man is expressing anger over New Zealand's decision not to recognize Palestine as a state. RNZ also reports on the death of Sir Tumu Te Heuheu, the paramount chief of Ngāti Tūwharetoa,…
Politics and GovernmentSportSocial IssuesLegalWorldWeatherNational PartyAsiaAustralasiaLaw EnforcementTradeEconomyGeneral Weather
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Media Monitor: Consumer NZ on Money Transfers, Hidden Fees
Consumer NZ is reporting on the most cost-effective methods for sending money to other countries. It said its research involved assessing the expenses of transferring NZD $10,000 to five different nations. Consumer NZ also warns about common reasons for travel…
BusinessScience & TechnologyEconomyFinancial MarketsComputers and Internet
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Wellington City Council Faces Privacy Breach and Credit Rating Review
Wellington City Council is addressing a privacy breach involving the unauthorized release of confidential historical documents. Simultaneously, Standard & Poor’s has reaffirmed the council’s AA-/A-1+ long-term credit rating, but maintains a negative outlook. Looking ahead, the council is preparing for…
Politics and GovernmentBusinessEntertainmentAustralasiaState GovernmentsEconomyFinancial MarketsMusicFilm and TV
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UK and New Zealand Reach Milestone on Auditor Recognition
A Memorandum of Understanding of Recognition Arrangement (MOURA) between the UK’s Financial Reporting Council (FRC) and New Zealand’s Financial Markets Authority (FMA) has reached its two-year anniversary. The agreement, effective from 26 September 2023, allows eligible auditors in both the…
BusinessPolitics and GovernmentUKEconomyTradeFinancial MarketsLegal Financial Reporting CouncilFinancial Markets AuthorityMemorandum of UnderstandingauditorsUnited KingdomAccountingUK Government
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Trade Depot Recalls Midea Air Fryer Adaptors Due to Non-Compliance
Trade Depot has issued a recall for adaptors supplied with Midea Air Fryers sold between 13 December 2024 and 5 September 2025. The product code is 350117. While the air fryer itself is compliant and safe for normal use, some…
BusinessScience & TechnologyAustralasiaEconomyTradeLegalProduct Safety
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Media Monitor: Man Convicted in Loafers Lodge Fire
RNZ is reporting that Esarona Lologa has been convicted of five murders and one count of arson for setting the Loafers Lodge fire in Wellington in 2023. It said the jury reached a unanimous decision in the High Court in…
Politics and GovernmentHealthBusinessSportWorldLaw EnforcementLegalEconomyMedical ScienceFinancial Markets Loafers LodgeEsarona LologaWellingtonArsonMurderHigh CourtRNZ News
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New Zealand Household Net Worth Increases by 33%
Stats NZ reported today that the median household net worth in New Zealand increased over the three-year period ending June 2024. While wealth increased, the distribution of wealth across New Zealand households remained stable. In the year ending June 2024,…
BusinessPolitics and GovernmentEconomyReal EstateTradeFinancial MarketsState Governments
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Media Monitor: RNZ Reports on House Prices, Speeding Incidents, and Financial Planning
RNZ is reporting that house prices in New Zealand are generally flat, but values are starting to increase in some of the country's more affordable areas. It said property research firm Cotality, formerly Corelogic, released data showing the performance of…
BusinessPolitics and GovernmentSportWorldHealthEconomyReal EstateFinancial MarketsGeneral PoliticsFederal GovernmentTradeLaw Enforcement RNZhouse pricesCotalityAucklandspeedingGSTpensionRNZ News
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New Zealand's GDP Declines by 0.9% in June 2025 Quarter
New Zealand's economy experienced a contraction in the June 2025 quarter, according to the latest economic snapshot. The gross domestic product (GDP) fell by 0.9 percent, a reversal from the 0.9 percent increase in the previous quarter. The decline was…
BusinessEconomyEmployment and LaborTrade GDPUnemployment RateEconomic SnapshotJune 2025 QuarterManufacturingConstructionStatistics NZ
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New Zealand Farmers Face Connectivity Crisis, Survey Reveals
A recent survey by Federated Farmers reveals that rural New Zealand is facing a connectivity crisis, requiring urgent action from mobile companies and the Government. The 2023 Rural Connectivity Survey, completed by over 600 farmers, highlights ongoing issues with mobile…
BusinessScience & TechnologyPolitics and GovernmentAustralasiaEconomyComputers and InternetTradeAgriculture Federated FarmersRural Connectivity SurveyMark HooperStarlinkNAITTelecommunications
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Media Monitor: RNZ Reports on Leave Rule Overhaul, Business Leader Survey
RNZ is reporting that leave rules are set for an overhaul, with changes impacting both sick leave and annual leave entitlements. It said a survey of senior business leaders ranked Prime Minister Christopher Luxon 15th within his Cabinet. The outlet…
BusinessPolitics and GovernmentHealthWorldSportEconomyFederal GovernmentMedical ScienceClimate ChangeEuropeAustralasiaFinancial Markets
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New Board Members Appointed to Civil Aviation Authority
Associate Minister of Transport James Meager has announced the appointment of three new board members to the Civil Aviation Authority (CAA). The new appointees are Mike Schubert, Peter O’Regan, and Mel Templeton. CAA Board Chair Mark Darrow said the appointments…
Politics and GovernmentBusinessScience & TechnologyTransportationAustralasiaFederal GovernmentEconomyBankingFinancial MarketsDigital and Print Publishing
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Stats NZ Advances Monthly Consumers Price Index
Stats NZ has updated its website with information on the development of the monthly Consumers Price Index (CPI). The page, titled ‘Monthly consumers price index – updates on progress’, summarises the approach and updates to the development of the monthly…
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Media Monitor: Consumer NZ Calls for Energy Market Reform
Consumer NZ is reporting that one in five New Zealand households struggled to pay their power bill in the past year, even before recent winter price hikes. It said some power companies are making large profits while consumers face rising…
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FMA Seeks Feedback on Ethical Investment Disclosure Guidance
The Financial Markets Authority (FMA) is seeking feedback on updated draft guidance for financial products with ethical characteristics. The guidance aims to assist issuers in presenting their products in disclosures and advertising related to ethical claims. The consultation is open…
BusinessPolitics and GovernmentEconomyFinancial MarketsTradeLegal Financial Markets AuthorityFMAethical investmentLouise UngerFinancial Conduct ReportinvestmentFinanceNZ Financial Markets Authority
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Toyota Refreshes Corolla Cross for 2025 with New Features and GR Sport Model
Toyota New Zealand has announced the refreshed 2025 Corolla Cross, building on the legacy of the Corolla with added features and a new GR Sport model. The updated Corolla Cross aims to blend practicality, durability, and spaciousness in a compact…
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XPENG Motors Targets Smart Mobility Leadership in New Zealand
XPENG Motors has announced its vision for New Zealand, focusing on smart mobility solutions beyond electric vehicles. The Chinese smart EV manufacturer, which showcased its innovations at the IAA in Munich, is preparing for its official launch in New Zealand…
BusinessScience & TechnologyAustralasiaEconomyComputers and InternetArtificial IntelligenceTransportation XPENG Motorselectric vehiclessmart mobilityautonomous drivingAuckland