Tag: economy
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New Zealand Economy Grows 1.1% in September 2025 Quarter Amidst Rising Unemployment
New Zealand's economy experienced growth in the September 2025 quarter, with gross domestic product (GDP) rising by 1.1 percent. This follows a 1.0 percent decrease in the previous quarter. The primary driver of this growth was the business services sector,…
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New Zealand Fruit Exports Exceed $6 Billion
New Zealand's fruit exports have surpassed $6 billion for the year ended November 2025, according to figures released today by Stats NZ. Valued at $6.1 billion, this is the second time fruit exports have reached this milestone, with the first…
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Gross Earnings Data Release Date Changed
Stats NZ announced that the release of gross earnings data for the September 2025 quarter will be on Friday, December 19, at 2pm. This is a change from the previously scheduled date of December 11, 2025. According to the release,…
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New Zealand's Current Account Deficit Widens to $3.8 Billion
New Zealand's seasonally adjusted current account deficit has widened by $153 million to $3.8 billion in the September 2025 quarter, according to figures released by Stats NZ today. The primary income balance and the goods balance both contributed to the…
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Media Monitor: Hipkins Promises Different Labour
RNZ is reporting that Chris Hipkins is promising a different Labour party after the last election saw the end of Labour's six years in government. Hipkins is returning to the opposition benches just 10 months after becoming prime minister. In…
Politics and GovernmentBusinessHealthSportWeatherNational PartyEconomyMedical ScienceAsiaGeneral Weather
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Media Monitor: Consumer NZ Reviews Sunscreens, Electric Cars, and More
Consumer NZ is reporting on a variety of product tests and consumer advice. It said its database compares over 160 sunscreens from more than 40 brands, filtering by SPF, water resistance, and testing year. The organization has also tested over…
BusinessScience & TechnologyAustralasiaEconomyComputers and InternetSocial Issues
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New Zealand Retail Spending Rises in November 2025
Spending in New Zealand's retail sector saw an increase of 1.2 percent ($86 million) in November 2025, according to the latest electronic card transactions (ECT) data. The core retail industries also experienced growth, with spending up by 1.1 percent ($67…
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New Zealand's Filled Jobs Remain Flat in September 2025 Quarter
Wellington, New Zealand – Stats NZ reported that total filled jobs in New Zealand reached 2.23 million in the September 2025 quarter. Seasonally adjusted figures showed a flat trend, with an increase of only 938 jobs compared to the June…
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New Zealand Business Financial Data Shows Sales Increase in September 2025 Quarter
New Zealand's business financial data for the September 2025 quarter indicates positive financial movement across most market industries. Sales reached $197 billion, a $7.6 billion increase (4.0 percent) compared to the September 2024 quarter. Purchases also rose to $138 billion,…
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Gross Earnings Data Delay for September 2025 Quarter
Stats NZ has announced that gross earnings data will not be included in the Business employment data: September 2025 quarter release on December 11, as originally planned. The delay is attributed to issues identified during data preparation. According to the…
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Rental Property Flow Data to be Reinstated in Price Indexes
Stats NZ will include the flow of rental properties measures (national and regional) in the Selected price indexes: November 2025 release on 16 December 2025. This data has been absent since November 2024 due to necessary work integrating the data,…
BusinessPolitics and GovernmentReal EstateEconomyState Governments
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FMA Releases Kaupapa Māori Research to Address Data Gaps
The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has released two Kaupapa Māori research papers to address gaps in understanding the experiences of Māori consumers and providers in Aotearoa New Zealand’s financial markets. This marks the first…
BusinessPolitics and GovernmentAustralasiaEconomyFinancial MarketsSocial IssuesState Governments
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Wellington's Visa Wellington On a Plate and Beervana Festivals Boost Economy by $10 Million
Wellington’s Visa Wellington On a Plate and Beervana festivals have delivered a $10 million boost to the capital’s economy. This year, 250 hospitality businesses across the region participated in the events. The annual Beervana weekend saw more than $3 million…
BusinessPolitics and GovernmentAustralasiaEconomyState Governments
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Wellington Gears Up for Festive Weekend and Economic Boost
Wellington is set to be a hub of activity next weekend, with a major film premiere, an international cricket match, the arrival of a cruise ship, and a visit from Santa Claus. The events are expected to provide a significant…
WorldEntertainmentBusinessAustralasiaFilm and TVMusicEconomy
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New Zealand Building Volume Rises Despite Overall Value Decrease
Statistics New Zealand reported that in the September 2025 quarter, the seasonally adjusted total building volume rose 1.5 percent compared with the June 2025 quarter. Residential building saw a 2.8 percent increase, while non-residential building experienced a 1.3 percent fall.…
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Ultra Music Festival to Debut in Wellington, New Zealand in 2026
Ultra Music Festival is set to make its New Zealand debut in Wellington in 2026. The electronic dance music festival, known for its global presence, will be hosted along the capital city’s waterfront on Friday 10 April 2026. Audiology Touring…
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New Zealand's International Trade Increased in September 2025 Quarter
New Zealand's international trade saw an increase in the September 2025 quarter. Total exports of goods and services reached $25.0 billion, up from $22.3 billion in the same quarter of the previous year. Imports also rose, totaling $30.7 billion, compared…
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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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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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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 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 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