Category: trade
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Media Monitor: RNZ Reports Death of Māori MP, Drug Bust, Museum Closure
Radio New Zealand is reporting that Māori MP Takutai Tarsh Kemp has died at the age of 50. Te Pāti Māori said in a statement that it was "heartbroken" by her passing. RNZ said Kemp was at Parliament on Wednesday…
Politics and GovernmentBusinessWorldSportGeneral PoliticsTradeLaw EnforcementLegal Takutai Tarsh KempTe Pāti MāoriAuckland AirportDrug BustAuckland War Memorial MuseumNew Zealand RugbyReferee AbuseRNZ News
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Canada and New Zealand Strengthen Ties at NATO Summit
Prime Minister Mark Carney met with New Zealand's Prime Minister Christopher Luxon in The Hague, Netherlands, during the NATO Summit, to discuss reinforcing collaboration between NATO and its Indo-Pacific partners. They addressed shared challenges and explored opportunities to deepen collaboration…
Politics and GovernmentWorldCanadaMilitaryTrade Mark CarneyChristopher LuxonNATOThe HagueInternational RelationsCanada Prime Minister Mark Carney
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New Zealand's Goods Exports Rise by 9.7% in May 2025
New Zealand's goods exports experienced a significant increase in May 2025, according to the latest overseas merchandise trade statistics. Compared to May 2024, exports rose by $676 million (9.7 percent), reaching $7.7 billion. Conversely, goods imports saw a decrease of…
BusinessTradeEconomyAustralasia exportsimportstrade balanceoverseas merchandise tradestatisticsGovernment StatisticianStatistics New Zealand
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Media Monitor: RNZ reports on parking prices, Luxon's China visit, and more
RNZ is reporting on several stories this morning. A researcher in New Zealand is examining car parking prices, inspired by similar research conducted in Australia. Christopher Luxon's first official trip to China is facing challenges, according to an analysis by…
BusinessPolitics and GovernmentWeatherSocial IssuesAustraliaTradeLaw EnforcementGeneral Weather parking pricesChristopher LuxonChinaPoriruaBriscoesMāori baby namesAucklandRNZ News
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Media Monitor: NZ pauses funding to Cook Islands after China dealings
One News is reporting that New Zealand has paused nearly $20 million in funding to the Cook Islands. A spokesperson for Foreign Minister Winston Peters said the developmental funding would not continue “until the Cook Islands Government takes concrete steps…
WorldPolitics and GovernmentBusinessWeatherChinaMiddle EastFederal GovernmentTradeLaw EnforcementTransportation Cook IslandsWinston PetersMark BrownChristopher LuxonFundingOne News NZ
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CAA Announces New Director and Outlines Key Aviation Updates
The Civil Aviation Authority (CAA) has announced Kane Patena as the next Director of Civil Aviation and Chief Executive, effective September 1, 2025. This announcement was made as part of a regular briefing from the CAA to the aviation industry,…
Politics and GovernmentBusinessScience & TechnologyWorldTransportationEducationAustralasiaGeneral PoliticsFederal GovernmentEconomyTradeLegalAviationSecurity
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New Zealand GDP Rises 0.8 Percent in March 2025 Quarter
New Zealand's gross domestic product (GDP) saw a 0.8 percent increase in the March 2025 quarter, according to figures released today by Stats NZ. This follows a 0.5 percent increase in the December 2024 quarter. Activity in the March 2025…
BusinessEconomyTradeFinancial MarketsAustralasia GDPStats NZKatrina DewberyEconomic GrowthManufacturingBusiness ServicesStatistics New Zealand
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New Zealand's Current Account Deficit Narrows Slightly to $5.5 Billion
New Zealand's seasonally adjusted current account deficit saw a slight decrease of $53 million, settling at $5.5 billion in the March 2025 quarter, according to Stats NZ. The figures, released today, indicate a marginal shift in the nation's financial flows.…
BusinessTradeEconomyAustralasia current account deficitStats NZViki WardMarch 2025 quarterFinancial performanceEconomicsStatistics New Zealand
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New Zealand to Modernize Data System with New Census Approach and Monthly CPI
Sweeping changes to New Zealand's data system have been announced by Minister of Statistics Hon Dr Shane Reti, promising a more modern and future-focused approach to producing economic and population statistics. Stats NZ will move towards an admin-data-first census and…
Politics and GovernmentBusinessAustralasiaEconomyFederal GovernmentTradeEducation data systemShane RetiMary CraigcensusCPIstatisticsStatistics New Zealand
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Children's Clothing Recalled Due to Fire Safety Hazards
Several children's clothing items have been recalled due to fire safety concerns. H&M is recalling children’s poncho towels with ties, sold between September 2023 and May 2025, and children’s hooded dressing gowns, sold between May 2023 and May 2025. The…
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Media Monitor: Auckland Supermarket Fire, RNZ Redundancies, Food Price Increase
Media Monitor: 1 News is reporting that a fire at an Auckland supermarket is still not under control, and firefighters are expected to remain at the scene overnight. Fire and Emergency NZ said crews were alerted to the fire at…
WorldPolitics and GovernmentBusinessMiddle EastEconomyGeneral PoliticsFinancial MarketsTradeReal Estate AucklandSupermarket FireRNZRedundanciesFood PricesStats NZNew World Victoria ParkOne News NZ
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Federated Farmers Call for Rejection of 'Ute Tax 2.0'
Federated Farmers is urging Revenue Minister Simon Watts to dismiss proposed changes to the Fringe Benefit Tax (FBT) concerning utes, vehicles widely used by farmers in New Zealand. According to Federated Farmers, these changes could impose thousands of dollars in…
Politics and GovernmentBusinessAgricultureEconomyFederal GovernmentTrade Federated FarmersSimon WattsFringe Benefit TaxFBTUte TaxTaxationFarm
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New Zealand Food Prices Increase 4.4 Percent Annually
Food prices in New Zealand have risen 4.4 percent in the year to May 2025, according to Stats NZ. This follows a 3.7 percent increase in the year to April 2025. The rise was driven by higher prices for the…
BusinessEconomyTradeAgriculture Food PricesStats NZInflationGrocery FoodMeatNicola GrowdenStatistics New Zealand
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Media Monitor: RNZ Reports on Vape Ban, Sick Leave, and Attack on Iran
RNZ is reporting that new regulations for disposable vapes take effect Tuesday in New Zealand. It said the changes include a ban on disposable vapes and stricter advertising rules. Also, the Minister in charge of reviewing sick leave policies says…
Politics and GovernmentHealthScience & TechnologyWorldBusinessSportAsiaAustralasiaMedical ScienceGeneral PoliticsFederal GovernmentTradeArtificial Intelligence RNZvape bansick leaveIranIsraeltravel restrictionsRNZ News
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Media Monitor: NZ Sick Leave, Vape Rules, International Tensions
Media Monitor: 1 News is reporting that the New Zealand government's sick leave policy is under scrutiny after Prime Minister Christopher Luxon suggested potential cuts to entitlements. The minister responsible for reviewing the policy clarified that there are no plans…
Politics and GovernmentHealthWorldEntertainmentBusinessMiddle EastUnited StatesSocial IssuesGeneral PoliticsFederal GovernmentMedical ScienceTradeFilm and TVLaw EnforcementEconomyLabour Party sick leavevapeIsraelIranMinnesotaSamoanfashionOne News NZ
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Media Monitor: RNZ reports on Israeli strikes in Iran, investigator reviewing ex-cop's rape conviction
RNZ is reporting that Israel has conducted strikes on what it claims are military and nuclear sites in Iran. It said that Israel has declared a state of emergency, with Defence Minister Israel Katz suggesting retaliation from Tehran is possible.…
WorldPolitics and GovernmentHealthBusinessSportMiddle EastAsiaMedical ScienceEconomyTradeLaw EnforcementPolitical
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NZ Retail Spending Slightly Down in May 2025
Spending in New Zealand's retail industries saw a slight dip in May 2025, according to the latest electronic card transactions (ECT) data. Stats NZ reported that overall retail spending decreased by 0.2 percent, a drop of $9.9 million compared to…
BusinessEconomyTradeAustralasia Electronic Card TransactionsRetail SpendingConsumer SpendingEconomic ActivityStats NZFinanceStatistics New Zealand
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SHEIN Recalls Kids’ Pajama Sets Due to Fire Safety Hazard
SHEIN is recalling its EVRYDAY Kids’ Pajama Sets, sold between June 10, 2024, and December 4, 2024, due to the absence of a required fire warning label. The sets were available in blue (SKC 2407018985445734), pink (SKC 2407082184653588), purple (SKC…
BusinessSocial IssuesLegalAustralasiaTradeLaw EnforcementProduct Safety
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Panda Mart Recalls LABKA Power Boards in New Zealand
Panda Mart is recalling LABKA 6 and 8-outlet power boards due to non-compliance with New Zealand safety standards. The products, sold at Panda Mart locations in Auckland and Christchurch, pose a potential risk to consumers. "Consumers should immediately cease using…
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New Zealand Businesses See Sales and Profit Growth in March 2025 Quarter
New Zealand businesses saw a rise in sales and operating profits in the March 2025 quarter compared to the same period last year. According to data, sales reached $190 billion, a 3.3 percent increase, while operating profit rose to $26…
BusinessEconomyTradeEmployment and LaborFinancial Markets Business Financial DataSalesOperating ProfitManufacturingWholesale TradeStatistics New Zealand
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Media Monitor: NZ Prime Minister Demands Answers After Staffer Resigns
Radio New Zealand is reporting that Prime Minister Christopher Luxon is demanding answers from multiple agencies regarding vetting procedures after the resignation of his deputy chief press secretary, Michael Forbes. RNZ said Forbes resigned after accusations he recorded audio of…
Politics and GovernmentWorldBusinessSocial IssuesSportUnited StatesIndiaGeneral PoliticsFederal GovernmentTradeLaw EnforcementLegal Christopher LuxonMichael ForbesWellingtonLoafers Lodge fireTe Pāti MāorimanslaughterRNZ News
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David Seymour Calls for Support for Regulatory Standards Bill
ACT Leader David Seymour is calling for public support for the Regulatory Standards Bill, which aims to reduce red tape and improve law-making. Seymour argues that excessive regulation stifles innovation and increases costs for businesses and individuals. The Bill is…
Politics and GovernmentBusinessLegalEconomyGeneral PoliticsFederal GovernmentTradeLaw David SeymourACTRegulatory Standards Billred tapeTe Pāti MāoriTreaty of Waitangilaw-making
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International Condemnation for Myanmar's Labour Rights Violations
Speaking on behalf of Australia, Canada, New Zealand, and the United Kingdom at the International Labour Conference, a representative addressed the Myanmar military regime’s non-compliance with Convention 87 and Convention 29, concerning freedom of association and forced labour respectively. The…
Politics and GovernmentWorldBusinessLabour PartyAsiaTradeSocial Issues MyanmarILOForced LabourTrade UnionsHuman RightsAustraliaUK Government
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Media Monitor: RNZ Poll Shows Left Bloc Could Oust Coalition
Media Monitor: RNZ is reporting that a recent RNZ-Reid Research poll indicates that the left bloc in New Zealand would have enough support to remove the current coalition government from power. It said nearly two-thirds of the public feel the…
Politics and GovernmentSocial IssuesBusinessSportWeatherWorldGeneral PoliticsFederal GovernmentEconomyTradeLegal RNZPoliticsGovernmentPollElon MuskDonald TrumpRNZ News
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Stats NZ to Release Key Economic and Population Data
Stats NZ is set to release a series of key statistical reports over the next week, covering various sectors of the New Zealand economy and population. On June 5, 2025, the value of building work put in place for the…
BusinessPolitics and GovernmentWorldEconomyEmployment and LaborTradeTransportationEducationAustralasia Stats NZEconomic DataPopulation StatisticsBuilding WorkEmploymentMigrationStatistics New Zealand
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International Visitor Spending Boosts New Zealand's Economy
Tourism and Hospitality Minister Louise Upston has welcomed new data indicating a significant boost in international visitor spending. According to the International Visitor Survey, international tourism contributed $12.2 billion to New Zealand’s economy for the year ending March 2025, marking…
BusinessWorldEconomyTradeEmployment and Labor TourismLouise UpstonInternational Visitor SurveyVisitor SpendingEconomic GrowthHospitality
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Dairy Price Surge Drives Increase in New Zealand Export Prices
New Zealand's export prices surged 7.1 percent in the March 2025 quarter, driven by rising dairy prices, Stats NZ reported today. This increase has pushed export prices 17 percent higher than a year ago, marking a significant climb since March…
BusinessTradeEconomyAustralasia export pricesdairy pricesStats NZViki Wardmilk powderCommodityStatistics New Zealand
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Trade Me Acquires 50% Stake in Stuff Digital Ltd
Trade Me is set to acquire a 50 per cent stake in Stuff Digital Ltd, which owns stuff.co.nz, New Zealand's largest website. The deal unites two major Kiwi brands, Trade Me, a leading property, motors, jobs and marketplace portal, and…
BusinessMediaEconomyDigital and Print PublishingTradeReal Estate Trade MeStuff Digital LtdSinead BoucherAnders SkoeMergers and acquisitionsstuff.co.nz
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New Zealand Defence Minister Highlights Cyber, Undersea, and Space Defence Challenges
New Zealand Defence Minister Judith Collins KC addressed the 22nd IISS Shangri-La Dialogue in Singapore on May 31, 2025, focusing on cyber, undersea, and outer-space defence challenges. Collins emphasized the importance of secure global connections for New Zealand's security and…
Politics and GovernmentScience & TechnologyWorldMilitarySingaporeFranceFinlandGeneral PoliticsFederal GovernmentAsiaEuropeAstronomy and SpaceComputers and InternetArtificial IntelligenceCybersecurityTradeLaw Enforcement Judith CollinsDefenceSpaceUndersea CablesInternational Institute for Strategic Studies
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IMF Concludes 2025 Article IV Consultation with New Zealand
The International Monetary Fund (IMF) concluded its Article IV consultation with New Zealand on May 19, 2025, with the Executive Board acknowledging the economy's nascent recovery and the return of inflation to the Reserve Bank of New Zealand’s (RBNZ) target.…
BusinessPolitics and GovernmentEconomyFinancial MarketsTrade IMFArticle IV Consultationmonetary policyfiscal policyeconomic growthinflationInternational Monetary Fund