Tag: economy
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New Zealand Annual Inflation Edges Up to 2.7 Percent in June 2025
Aotearoa New Zealand's annual inflation rate has risen to 2.7 percent in the 12 months to June 2025, according to Stats NZ. This follows a 2.5 percent increase in the year to March 2025. Despite the increase, Nicola Growden, prices…
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Media Monitor: Consumer NZ Reports on Pricing, Detergents, and AI
Consumer NZ is reporting that some supermarket price tags are too small for customers to read without a magnifying glass. It said two members complained they couldn't easily see how much they were paying. Consumer NZ also highlighted the best…
BusinessScience & TechnologyHealthWorldAustralasiaEconomyMedical ScienceComputers and Internet
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NZ Retail Spending Edges Up in June 2025
Spending in New Zealand's retail sector saw a slight increase in June 2025, according to the latest electronic card transactions (ECT) data. Stats NZ reported that retail industries experienced a 0.5 percent rise, equating to $32 million, while core retail…
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Media Monitor: New Zealand weather warnings, restaurant booking concerns, and migration trends
1 News is reporting that heavy rain warnings have been issued for the upper North and South Islands of New Zealand. It said a strong, moist northerly flow is expected to move east across the country Friday and Saturday. Also,…
WeatherBusinessWorldLaw EnforcementTransportationSocial IssuesAustralasiaGeneral WeatherEconomy
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NZ On Air Announces Second-Year GDSR Recipients
Forty game development studios across Aotearoa New Zealand will receive a share of $22.44 million in the second year of the Game Development Sector Rebate (GDSR). Initial data indicates a 20.5 percent increase in roles, with each GDSR-funded employee generating…
BusinessScience & TechnologyAustralasiaEconomyEmployment and LaborVideo GamesMedia
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Media Monitor: New World Stops Calling Spread 'Butter'
Consumer NZ is reporting that New World, a supermarket chain in New Zealand, has agreed to stop marketing a new spread as “butter.” Consumer NZ said the product was packaged like butter and placed alongside butter in supermarket chillers, but…
BusinessScience & TechnologySocial IssuesAustralasiaEconomyComputers and InternetLegal
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FMA Investigation into Senior Trust Capital Limited Ongoing
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – is continuing its investigation into Senior Trust Capital Limited (STC), a financier in the senior living sector. The investigation began in November 2024. STC is an issuer under a…
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New Zealand's GDP Rises in March 2025 Quarter but Falls Annually
New Zealand's economy showed growth in the March 2025 quarter, but contracted over the year. According to Stats NZ, the gross domestic product (GDP) rose 0.8 percent in the March 2025 quarter, following a 0.5 percent increase in the December…
BusinessEconomyTradeAustralasia GDPStats NZeconomic statisticsGovernment StatisticianMarch 2025 quarterStatistics New Zealand
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FMA Releases Performance Expectations for 2025/26
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has released its Statement of Performance Expectations (SPE) for 2025/26. The SPE details how the FMA will measure and report its progress against targets, including financial forecasts for the…
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Media Monitor: Consumer NZ Names Top Electric and Hybrid Cars for 2025
Consumer NZ is reporting its experts have compiled a buying guide and test results to compare the best electric and hybrid cars of 2025. It said the guide makes it easy to find vehicles that are affordable to run and…
BusinessScience & TechnologyAustralasiaEconomyEnvironmentTransportation
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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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NZX Receives Positive Regulatory Report from FMA
The NZX has received a positive regulatory report from the Financial Markets Authority (FMA), which found it met its obligations and is pursuing further enhancements. The annual NZX Market Operator Obligations Review, released today, assessed NZX's adherence to its market…
BusinessPolitics and GovernmentAustralasiaFinancial MarketsEconomyLegal
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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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FMA Consults on Debt Security Buy-Backs
The Financial Markets Authority (FMA) is seeking feedback on a proposed class exemption for listed issuers regarding buy-backs of their own quoted debt securities. This exemption would apply to certain unsolicited offer regulations. FMA Executive Director Liam Mason stated that…
BusinessPolitics and GovernmentLegalAustralasiaFinancial MarketsEconomyFederal Government
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New Zealand CAA to Increase Fees and Levies in 2025
New Zealand's Civil Aviation Authority (CAA) will increase fees, levies, and charges starting July 1, 2025, following a pricing review. Passenger safety levies will rise by 145% to $3.92 per passenger. Passenger security levies will increase by 66% to $10.91…
Politics and GovernmentTransportationBusinessAustralasiaEconomyFederal Government
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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: RNZ reports on McSkimming case, Auckland car fire, aviary dispute
RNZ is reporting that a High Court judge has reserved her decision on whether the media can report on the nature of allegedly objectionable material found on former deputy commissioner Jevon McSkimming's work computer. RNZ also said that a witness…
Politics and GovernmentLaw EnforcementBusinessWorldMediaSportSocial IssuesLegalEconomyEuropeAustralasiaEmployment and LaborReal Estate
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FMA Study Reveals Gaps in Kiwis' Savings and Debt Management
New research from the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – indicates that while many New Zealanders are confident in their financial decisions, there are discrepancies between their financial goals and investment holdings. The study, titled 'Good…
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FMA Reviews Expiring Class Exemption Notices
The Financial Markets Authority (FMA) is seeking feedback on its review of 14 class exemption notices and three class designation notices that support the Financial Markets Conduct Act 2013 (FMC Act). These notices are set to expire between December 2025…
Politics and GovernmentBusinessAustralasiaFinancial MarketsEconomyLegal
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UK-New Zealand Trade Hits Record £3.7 Billion
Trade between the UK and New Zealand reached a record £3.7 billion ($7.3 billion NZD) in 2024, according to a joint statement released following a meeting between the Minister for Trade and Investment of New Zealand and the Secretary of…
Politics and GovernmentBusinessTradeUnited Kingdom Free Trade AgreementTariffsInvestmentEconomyUK Government
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Media Monitor: RNZ reports on self-care, Parliament, Mother's Day
RNZ is reporting that a solo recharge session can deliver temporary stress relief, but time spent voluntarily caring for other people's welfare helps build true resilience. It said that in Parliament, MPs were shouting in the House about pay equity…
BusinessPolitics and GovernmentHealthWeatherEconomyEmployment and LaborGeneral Politics