Category: economy
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Wellington Advent Calendar Returns with Over 50 Deals
The Wellington Advent Calendar is back, offering locals and visitors over 50 deals across Wellington cafés, restaurants, retail stores, events, and experiences throughout December and January. Wellington City Council made the announcement on December 1, 2025. The council encourages subscribers…
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New Zealand Sees Increase in New Home Consents Driven by Townhouses
Aotearoa New Zealand experienced a 6.2 percent increase in new home consents in the year ended October 2025, totaling 35,552, according to Stats NZ. This rise is attributed to higher-density homes, particularly townhouses, flats, and units. Economic indicators spokesperson Michelle…
BusinessPolitics and GovernmentAustralasiaEconomyReal EstateState Governments
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Stats NZ Updates Technical Notes for Linked Employer-Employee Data
Stats NZ has released the 2025 update to the technical notes for the annual statistics produced from the Linked Employer-Employee Data (LEED). LEED annual tables provide information on New Zealanders’ interaction with the labour market and their sources of income.…
BusinessPolitics and GovernmentEconomyEmployment and LaborFederal Government Stats NZLEEDLinked Employer-Employee Datalabour marketincomeself-employmentStatistics NZ
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Media Monitor: Consumer NZ Warns of Misleading Black Friday Deals
Consumer NZ is reporting that retailers may be misleading consumers about prices during Black Friday sales. It said deals may not be as good as they appear. Consumer NZ also highlighted deals on recommended products, including TVs, Bluetooth speakers, and…
BusinessScience & TechnologyEconomyTradeComputers and Internet
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New Zealand Employment Stagnant in October 2025
New Zealand's employment landscape remained largely unchanged in October 2025, with seasonally adjusted filled jobs across all industries remaining flat, decreasing by only 49 jobs to a total of 2.34 million. According to Stats NZ, primary industries experienced a slight…
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Fire and Emergency NZ Urges Union to Halt Strike
Fire and Emergency New Zealand is urging the New Zealand Professional Firefighters Union (NZPFU) to call off its strike, scheduled for midday to 1pm tomorrow (Friday). This request comes as the Employment Relations Authority considers an application to provide independent…
Politics and GovernmentBusinessSocial IssuesEmployment and LaborFederal GovernmentEconomy Fire and Emergency New ZealandNZPFUstrikeEmployment Relations AuthorityMegan Stiflercollective employment agreement
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New Zealand Government Net Operating Deficit Reaches $5.3 Billion
New Zealand's general government experienced a net operating deficit of $5.3 billion in the year ended June 2025, according to government finance statistics. This follows a $2.0 billion deficit in the previous year. Total operating income saw a 1.5 percent…
Politics and GovernmentBusinessAustralasiaEconomyFinancial MarketsTradeGovernment
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New Zealand's Net Worth Increases 4.2 Percent in 2024
New Zealand's net worth increased by 4.2 percent in the year ended March 2024, driven by a rise in assets that outpaced liabilities. This information comes from the latest annual balance sheets, which provide estimates of assets, liabilities, and net…
BusinessPolitics and GovernmentEconomyFinancial MarketsBankingTradeAustralasia
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New Zealand Retail Sales Surge 1.9% in September Quarter
New Zealand's retail sector experienced a boost in the September 2025 quarter, with total sales volumes increasing by 1.9 percent, according to Stats NZ. The increase equates to $472 million compared to the June 2025 quarter. The figures have been…
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Stats NZ Details GDP Calculation Changes for September 2025 Quarter
Stats NZ will release a methods paper detailing changes to data and methods used in the upcoming Gross domestic product: September 2025 quarter, scheduled for release on December 18, 2025. According to Stats NZ, the paper offers “an early indication…
BusinessPolitics and GovernmentEconomyFinancial MarketsTradeFederal GovernmentAustralasia
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New Zealand Meat Exports Hit Record $10 Billion
New Zealand's meat exports have reached a record $10 billion in the year ended October 2025, according to data released today by Stats NZ. "This is the first time that year-ended meat exports have reached $10 billion," said international accounts…
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New Zealand Business Price Indexes Rise in September 2025 Quarter
New Zealand's business price indexes (BPI) saw increases in the September 2025 quarter. The output producers price index (PPI) rose 0.6 percent, while the input PPI increased by 0.2 percent. The farm expenses price index (FEPI) showed a significant rise…
BusinessEconomyFinancial MarketsTrade Business Price IndexesPPIFEPICGPIStats NZPrice IndexesStatistics NZ
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FMA Updates Guidance on Insider Trading
The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has released an updated information sheet to promote stronger practices regarding insider trading within the investment industry. This follows engagement with industry participants. The information sheet, titled Insider Trading: where…
BusinessLegalFinancial MarketsEconomyTradeAustralasia Financial Markets AuthorityFMAinsider tradinginvestment industryLouise Ungerinstitutional investorsTe Mana Tātai HokohokoNZ Financial Markets Authority
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Auckland's Great South Road to undergo maintenance
Auckland road users should prepare for upcoming maintenance on Great South Road near the Bombay Commercial Vehicle Safety Centre. NZ Transport Agency Waka Kotahi has announced that work will commence on Wednesday, November 26, 2025, and is scheduled to be…
Politics and GovernmentTransportationEconomy AucklandGreat South RoadBombay Commercial Vehicle Safety CentreNZ Transport Agency Waka KotahiState Highway 1Traffic ManagementCommercial Vehicle Safety ProgrammeNZTA Auckland
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New Zealand's Financial Advice Sector Sees Growth, Faces Scams and Misconduct
The Financial Markets Authority (FMA) has released its final Financial Advisers Update for 2025, reflecting on a year of progress and engagement within the financial advice sector. The FMA noted the sector is embedding the financial advice regulatory framework, with…
BusinessPolitics and GovernmentLegalScience & TechnologyFinancial MarketsEconomyFederal GovernmentComputers and InternetSocial Issues Financial AdviceFinancial Markets AuthorityFMAScamsFraudRegulatory ReturnsInvestmentNZ Financial Markets Authority
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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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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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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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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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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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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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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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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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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