Category: economy
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Media Monitor: RNZ Reports Offshore Betting Surge in New Zealand Football League
RNZ is reporting that New Zealand's national football league has become a magnet for offshore betting, raising concerns for sport integrity experts. It said figures obtained by RNZ reveal $212 million was wagered on the New Zealand men's domestic football…
SportBusinessWeatherPolitics and GovernmentFinancial MarketsEconomyGeneral WeatherEducation RNZfootballsports bettingmatch-fixingLoafers Lodge firemurder trialRNZ News
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Media Monitor: Consumer NZ Highlights Microwave Ovens, Power Bills, and Washing Machines
Consumer NZ is reporting on several consumer-related topics, including affordable microwave ovens under $300. It says it has identified several models, including its highest scorer. Consumer NZ also highlights a story about how some of its readers have achieved cheaper…
BusinessScience & TechnologySocial IssuesAustralasiaEconomyFinancial MarketsComputers and Internet
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Media Monitor: RNZ Reports Train Passengers Stranded, US Tourists Masquerading as Canadians
Radio New Zealand is reporting that passengers were stranded on a train in Wellington for over three hours Friday morning after an overhead electric cable came down. RNZ said the cable failure caused major disruption on the Kāpiti Line. KiwiRail…
Politics and GovernmentBusinessSportWorldEconomyFinancial MarketsTradeAustralasia
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High Court Ruling Clarifies Wholesale Investor Rules
The Financial Markets Authority (FMA) has welcomed a High Court ruling providing clarity on the rules for classifying "eligible investors" as wholesale investors. The FMA sought clarification on the interpretation of the eligible investor exclusion under the Financial Markets Conduct…
BusinessPolitics and GovernmentLegalFinancial MarketsEconomyLaw Enforcement
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New Zealand's Goods Exports Surge in August 2025
New Zealand's overseas merchandise trade statistics for August 2025 reveal a significant increase in goods exports compared to August 2024. Goods exports rose by $1.1 billion (23 percent), reaching $5.9 billion. Conversely, goods imports saw a slight decrease of $30…
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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
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RNZ Reaches Record 83% of New Zealanders, Trust Increases
RNZ has achieved a record reach of 83% of New Zealanders aged 18 and over per month, according to the latest Verian Value Indices Survey. This represents an increase from 79% in the previous survey. Simultaneously, trust in RNZ has…
MediaBusinessAustralasiaDigital and Print PublishingEconomy RNZVerian Value Indices SurveyPaul ThompsonTrust in MediaRadio AudienceDigital Platforms
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Stats NZ Faces Technical Issues Delaying Trade Data
Stats NZ is experiencing technical issues that are preventing some data from Overseas Merchandise Trade: August 2025 from publishing. Most data will be available at 10:45 am tomorrow, 19 September 2025, on Export Direct and via Overseas merchandise trade datasets.…
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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…
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New Zealand Boosts AI Research with $70 Million Investment
The New Zealand government is significantly increasing its investment in artificial intelligence (AI) research and development, earmarking $70 million to foster innovation and economic growth. Science, Innovation and Technology Minister Shane Reti announced the funding boost at the AI Summit,…
Science & TechnologyBusinessPolitics and GovernmentArtificial IntelligenceEconomyTradeFederal Government AI SummitShane RetiAI StrategyInstitute for Advanced TechnologyR&D Funding
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Stats NZ Addresses Data Access Issues for June 2025 Quarter GDP
Stats NZ has announced ongoing technical issues with Infoshare that may impact data accessibility for the Gross Domestic Product: June 2025 quarter. To ensure access, all data will be available at 10:45 a.m. tomorrow (18 September 2025) via Infoshare Export…
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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.…
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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…
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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
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Stats NZ: Food Price Index Data Delay
Stats NZ announced on September 16, 2025, a delay in updating three Food Price Index tables in Infoshare with data for August 2025. The affected tables include the Food Price Index for New Zealand (monthly), Food Price Index Level 2…
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New Zealand Food Prices Remain High, Up 5.0 Percent Annually
Food prices in New Zealand have increased by 5.0 percent in the 12 months to August 2025, matching the increase recorded in the 12 months to July 2025. Stats NZ reported that the grocery food group was the largest contributor…
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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
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GDP Revised for June 2025 Quarter Due to Expenditure Correction
Wellington, 15 September 2025 – Stats NZ has announced revisions to the Gross Domestic Product (GDP) for the June 2025 quarter, following a correction to central government expenditure. The adjustment involves the ‘social assistance benefits in kind’ component of central…
BusinessPolitics and GovernmentEconomyFederal GovernmentTradeState Governments
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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
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Media Monitor: Consumer NZ Announces August Giveaway Winner
Consumer NZ is reporting that T. Graaf from Auckland won a Breville espresso machine in August's giveaway. It said this month's prize is a robot vacuum cleaner. Consumer NZ also noted a little-known protection that could save New Zealanders money…
BusinessScience & TechnologyAustralasiaEconomyComputers and Internet
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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
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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…
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Report Reveals Alarming Food Insecurity in New Zealand
A new report has revealed alarming levels of food insecurity in New Zealand, particularly affecting children, Pacific families, and Māori whānau. The report, from The Salvation Army NZ, highlights that this is happening despite New Zealand being a large food…
Politics and GovernmentSocial IssuesBusinessEconomyTradeGovernmentEducationAgriculture Food InsecurityThe Salvation Army NZMāoriPacific familiesFood SystemsNational Food Strategy
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Pilot Convicted for Unlicensed Scenic Flights in New Zealand
A helicopter pilot has been convicted for flying without a license or certificate, and for obstruction. The pilot had been advertising and undertaking paid scenic flights around the Alexandra and Clyde area of the South Island since early 2020, without…
Politics and GovernmentBusinessLaw EnforcementLegalTransportationAustralasiaEconomy
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Media Monitor: Former MP Resigns After Sexist Comments
RNZ is reporting that former Labour MP Stuart Nash has resigned from his job at recruitment agency Robert Walters, after the company initiated a formal review. It said the move follows Nash's apology for telling The Platform a woman is…
Politics and GovernmentBusinessSportWorldAustralasiaEconomyEmployment and LaborConservative Party
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Media Monitor: Police Locate Tom Phillips' Campsite
RNZ is reporting that police believe they have discovered the main campsite used by Tom Phillips and his children in recent months. It said the campsite is about 200 meters from where the younger children were found on Monday. Detective…
WorldPolitics and GovernmentBusinessEntertainmentSportGeneral PoliticsLegalFilm and TVEconomyTradeEmployment and LaborMusicTransportation
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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
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New Zealand Sees Increase in Overseas Visitors in July 2025
Overseas visitor arrivals in New Zealand reached 236,600 in July 2025, marking an increase of 14,700 from July 2024. According to Stats NZ, the most significant changes were in arrivals from Australia, up by 17,700, while arrivals from China decreased…
WorldBusinessPolitics and GovernmentAustralasiaEconomyTradeEducation
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Federated Farmers Warns of Carbon Forestry Impact on Central North Island
Federated Farmers Whanganui is calling on the Government to urgently strengthen rules to prevent whole-farm carbon forestry conversions on productive land. Provincial president Ben Fraser says the increasing displacement of sheep farms by permanent pine trees is a major concern…
Politics and GovernmentBusinessEnvironmentGeneral PoliticsEconomyClimate ChangeAgriculture Federated Farmerscarbon forestryCentral North IslandBen FraserEmissions Trading SchemeWhanganuiLand Use
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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