Category: financial_markets
-
Media Monitor: Former Finance Minister Calls for Willis' Resignation
RNZ is reporting that former Finance Minister Roger Douglas is calling for the resignation of current Finance Minister Nicola Willis. He and University of Auckland macroeconomics chair Robert MacCulloch said the contraction in GDP, as revealed by Stats NZ, is…
Politics and GovernmentBusinessSportWorldEconomyFinancial MarketsPolitical PartiesTradeLaw EnforcementLegalAustralasia
-
New Zealand's GDP Declines 0.9% in June 2025 Quarter
New Zealand’s gross domestic product (GDP) fell 0.9 percent in the June 2025 quarter, following a 0.9 percent increase in the March 2025 quarter, according to figures released by Stats NZ today. Activity decreased in the June 2025 quarter across…
-
Media Monitor: RNZ Covers Suppression Breaches, Dog Shooting
Radio New Zealand is reporting that Justice Minister Paul Goldsmith is promising to resolve widespread breaches of suppressed information in the Tom Phillips case. It said a High Court injunction preventing media from publishing certain details related to the investigation…
Politics and GovernmentHealthBusinessEntertainmentSportGeneral PoliticsFederal GovernmentMedical ScienceMusicFilm and TVFinancial MarketsSocial IssuesLegal Tom PhillipsPaul GoldsmithHamiltonSnoop DoggHamish KerrcrimeRNZ News
-
New Zealand's Current Account Deficit Narrows to $3.4 Billion
New Zealand’s seasonally adjusted current account deficit has narrowed by $702 million, reaching $3.4 billion in the June 2025 quarter. Stats NZ reported this is the smallest deficit recorded since the June 2021 quarter, which saw a $3.1 billion deficit.…
-
Stats NZ: Technical Issues Delay Ratios Table Update
Wellington, 17 September 2025 – Stats NZ reports technical issues with Infoshare that may prevent the ratios table from updating with June 2025 quarter data. However, all data is accessible via the CSV file under Download data on Balance of…
-
Media Monitor: RNZ Reports Deadlocked Parliament in Latest Poll
RNZ is reporting that the latest RNZ-Reid Research political poll points to a deadlocked Parliament. It said that while the Labour Party is narrowly ahead of the National Party, neither bloc has enough support to govern on its own. RNZ…
Politics and GovernmentBusinessSportWorldWeatherAustralasiaEconomyGeneral PoliticsFinancial MarketsTradeSevere Weather RNZParliamentPolitical PollInternational AdoptionsMurderPalestineRNZ News
-
Media Monitor: NZ Woman's Spending Skyrocketed After Husband's Death, Court Hears
Radio New Zealand is reporting that a forensic accountant told the High Court at Auckland that the spending of a woman accused of murdering her children and hiding their bodies in suitcases skyrocketed after her husband's death. Hakyung Lee faces…
Politics and GovernmentHealthBusinessWorldEntertainmentSportMedical ScienceEconomyFilm and TVAsiaFinancial Markets Hakyung LeeYuna JoMinu JoAuckland High CourtMurderforensic accountantRNZ News
-
FMA Warns Clients of Former NZ Financial Adviser to Check Bank Statements
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko has issued a warning to clients and subscribers of a former New Zealand financial adviser, following complaints of suspected unauthorized credit and debit card payments. The FMA has received complaints…
BusinessLegalFinancial MarketsBankingLaw EnforcementAustralasia
-
Stats NZ Announces 2025 Balance of Payments and National Accounts Revisions
Stats NZ announced revisions to data sources and methods for the 2025 balance of payments and national accounts. These annual updates, aligned with international best practice, ensure statistics accurately reflect global changes. Revisions include updates to international trade, tax returns,…
BusinessPolitics and GovernmentEconomyTradeFinancial MarketsGovernment
-
Media Monitor: RNZ Reports on Tom Phillips Case, Misinformation, Homeowner Losses
Radio New Zealand is reporting that questions remain about the Tom Phillips case after he was shot dead in a confrontation with police. RNZ said authorities are investigating those suspected of helping him evade capture and who decided Phillips was…
Politics and GovernmentBusinessWorldSportSocial IssuesLaw EnforcementEconomyTradeFinancial MarketsMiddle EastAustralasia
-
New Zealand Electronic Card Transactions Rise in August 2025
Spending in New Zealand's retail sector experienced growth in August 2025, according to the latest data on electronic card transactions (ECT). The figures, released on September 12, 2025, indicate a rise in consumer spending and economic activity. All figures are…
-
FMA Considers Climate Reporting Exemption for Foreign Entities
The Financial Markets Authority – Te Mana Tātai Hokohoko (FMA) is considering a class exemption for some climate reporting entities incorporated in foreign jurisdictions from the climate reporting duties in Part 7A of the Financial Markets Conduct Act 2013 (FMC…
BusinessPolitics and GovernmentEnvironmentAustralasiaFinancial MarketsTradeClimate ChangeLegal
-
Media Monitor: The Guardian Reports on Think Tank Funding, US Shooting, Economic Forecast
The Guardian is reporting that some of Australia’s largest think tanks are facing increasing pressure to reveal their financial backers. The outlet said a report by Deloitte, commissioned by Unicef, found that natural disasters will cost young Australians $100 billion…
Politics and GovernmentWorldBusinessWeatherEntertainmentSportAustraliaUnited StatesPolandMiddle EastGeneral PoliticsFederal GovernmentFinancial MarketsMilitaryDisastersLaw EnforcementFilm and TV Think TanksCharlie KirkShootingUtahEconomic ForecastRussiaGuardian Australia
-
KiwiSaver Shows Resilience with $123 Billion Under Management
The latest KiwiSaver Annual Report indicates the scheme's resilience amid economic challenges. The report, released by the Financial Markets Authority (FMA), shows total funds under management grew by 10% to $123 billion, driven by $12.2 billion in contributions and $6.4…
BusinessPolitics and GovernmentEconomyFinancial MarketsEmployment and LaborState Governments KiwiSaverFinancial Markets AuthoritySamantha Barrassretirement savingsinvestmentfinancial wellbeingAucklandNZ Financial Markets Authority
-
Media Monitor: RNZ Reports on Fugitive's Campsite, Drug Overdose
RNZ is reporting that the first photos of the campsite where fugitive Tom Phillips and his children were recently staying show a quad bike, some tires, and cans of Sprite. It said the photos were released as part of Sam…
Politics and GovernmentHealthBusinessWorldSportGeneral PoliticsFederal GovernmentEconomyFinancial MarketsMedical ScienceLaw Enforcement Tom PhillipsCampsiteDrugsChildrenCharter schoolsErin PattersonSentencingRNZ News
-
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…
-
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
-
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
-
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
-
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
-
FMA Warns of Surge in Social Media Investment Scams Using Deepfakes
The Financial Markets Authority (FMA) has issued a warning regarding a surge in social media investment scams. Scammers are impersonating New Zealand celebrities, journalists, politicians, financial commentators, and business leaders, particularly on Meta platforms. They create fake profiles and use…
BusinessPolitics and GovernmentScience & TechnologyFinancial MarketsSocial IssuesComputers and Internet FMAsocial mediainvestment scamsdeepfakesClare BolingfordFinancial Markets AuthorityNZ Financial Markets Authority
-
Auckland Police Make Arrests in $4 Million Cryptocurrency Burglary Case
A couple has been apprehended following an extensive investigation into a multi-million dollar burglary that occurred nearly four years ago in Auckland. The investigation, which began in Westmere in late 2021, culminated in a search warrant being executed at a…
Law EnforcementLegalBusinessEconomyFinancial MarketsComputers and InternetDigital and Print Publishing Aucklandburglarycryptocurrencymoney launderingfinancial crimeNew Zealand PoliceWellsford
-
Media Monitor: RNZ Covers Missing Children, Teacher Pay, COVID Spending
Radio New Zealand is reporting on several stories, including the ongoing search for missing children. It said the mother of Tom Phillips, who has been missing with his three children since December 2021, has released a letter expressing her sadness…
Politics and GovernmentWorldBusinessHealthWeatherSportEducationUkraineEuropeWhite HouseEconomyFinancial MarketsMedical Science Tom PhillipsJudith CollinsGrant RobertsonWellington HospitalParemoremo PrisonStuff strikeMissing personsRNZ News
-
New Zealand Business Price Indexes Rise in June 2025 Quarter
Statistics New Zealand reported that in the June 2025 quarter, the output Producers Price Index (PPI) increased by 0.6 percent, while the input PPI also rose by 0.6 percent. The Farm Expenses Price Index (FEPI) saw a rise of 0.5…
-
Media Monitor: RNZ Reports on Cold Snap, Ponzi Scheme, Sea Lion Deaths
RNZ is reporting that much of New Zealand remains gripped by icy cold weather as winter nears its end. It said a cold snap is expected to continue this week. RNZ also reported that a couple in Christchurch allegedly ran…
WeatherBusinessPolitics and GovernmentWorldSportLaw EnforcementSocial IssuesEconomyLegalAsiaAustralasiaMiddle EastEuropeFinancial MarketsTradeEmployment and LaborGeneral PoliticsPacificEducation
-
Media Monitor: Consumer NZ offers advice on supermarket pricing errors
Consumer NZ is reporting that customers who are charged the wrong price at the supermarket should check their receipts and alert staff. It said that supermarkets in New Zealand have displayed incorrect pricing in the past. Consumer NZ also recommends…
BusinessScience & TechnologyAustralasiaEconomyComputers and InternetFinancial MarketsLegal
-
FMA Warns Kiwibank for Overcharging Customers
The Financial Markets Authority (FMA) has issued a warning to Kiwibank for overcharging customers due to a failure to apply fee waivers to certain joint account holders. The issue, which persisted from approximately March 2005 to November 2024, involved transaction…
BusinessPolitics and GovernmentFinancial MarketsBankingLegal FMAKiwibankFinancial Markets Authorityoverchargingfee waiversjoint accountsFinancial Markets Conduct ActNZ Financial Markets Authority
-
FMA Offers Insights to Improve Climate-Related Disclosures
The FMA has released a report offering feedback to climate reporting entities (CREs) to help them improve disclosures in their climate statements. The report is based on the FMA's reviews to assess compliance with the climate-related disclosures (CRD) regime. The…
Politics and GovernmentBusinessEnvironmentAustralasiaGeneral PoliticsFederal GovernmentFinancial MarketsClimate ChangeEconomy
-
Media Monitor: RNZ reports on earthquake, nurses strike, pharmacy error
RNZ is reporting that a strong earthquake near Russia could cause strong currents and unpredictable surges in New Zealand coastal areas. It said the National Emergency Management Agency is monitoring the situation. Nurses across New Zealand are striking and picketing…
WorldHealthPolitics and GovernmentBusinessSportWeatherMedical ScienceLaw EnforcementFinancial MarketsLegal RNZearthquakenurses strikepharmacy errorHoward TempleGloriavaleYear 14RNZ News
-
Insurers Need Further Improvement After Flooding and Cyclone, Says FMA
A new report by the Financial Markets Authority (FMA) has found that while insurance companies have improved their processes since the Canterbury earthquakes, further improvements are needed following the Auckland Anniversary Weekend flooding and Cyclone Gabrielle. The FMA released its…
BusinessWeatherDisastersFinancial MarketsClimate ChangeAustralasia