Category: economy
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Media Monitor: RNZ reports Christopher Luxon meets world leaders
RNZ is reporting that Christopher Luxon met with Japan's new Prime Minister and other world leaders. It said a bilateral meeting with the Indonesian president went much longer than other formal sit downs, lasting for more than an hour.
BusinessPolitics and GovernmentSportScience & TechnologyWeatherEconomyGeneral PoliticsTradeMedical ScienceAsiaGeneral Weather
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Stats NZ Announces 2025 Data Updates to National Accounts
Stats NZ has released its 2025 preview of national accounts improvements and updates, detailing the data updates planned for this year's annual national accounts cycle. These updates occur when new information becomes available, new methods or data sources are introduced,…
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New Zealand Business Numbers Increase Slightly in 2025
Provisional data indicates that New Zealand's business landscape experienced mixed changes as of February 2025. According to the latest statistics, the total number of enterprises in New Zealand reached 617,330, marking a 0.5 percent increase compared to February 2024. This…
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Survey Reveals Shocking Cost of Consents for Farmers
A new survey shows the cost and complexity of resource consents have reached breaking point, highlighting the need for urgent Government intervention. Federated Farmers’ Survey on Resource Consents <https://fedfarm.org.nz/Web/Policy/Policy-Paper/2025/October/Survey-on-Resource-Consents> found four out of five farmers are worried about gaining or…
Politics and GovernmentBusinessEnvironmentState GovernmentsEconomyAgriculture resource consentsfarmerssurveyFederated Farmerscostsgovernment interventionenvironmental regulationsfarming
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New Zealand's Filled Jobs Rise in September 2025
Figures from Stats NZ indicate a rise in seasonally adjusted filled jobs across all industries in September 2025, increasing by 0.3 percent (6,779 jobs) to reach 2.35 million. The service industries experienced a 0.4 percent increase (6,737 jobs). Goods-producing industries…
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New Zealand Household Living Costs Rise 2.4 Percent
Household living costs in New Zealand have increased by 2.4 percent in the 12 months to the September 2025 quarter, according to data released today by Stats NZ. This increase, measured by the household living-costs price indexes (HLPIs), follows a…
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Media Monitor: Consumer NZ on Sales Season Rules, Surcharges
Consumer NZ is reporting that businesses in New Zealand can only charge public holiday surcharges on actual public holidays. It said that means businesses can’t add surcharges on Saturday and Sunday of the Labour Day weekend. Consumer NZ also noted…
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New Zealand's Greenhouse Gas Emissions Drop 1.5% in June 2025 Quarter
Greenhouse gas emissions in Aotearoa New Zealand decreased by 1.5 percent in the June 2025 quarter, according to Stats NZ. The seasonally adjusted figures show a reduction of 287 kilotonnes. Tehseen Islam, environment statistics spokesperson, stated that the "fall in…
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Stats NZ Updates Household Living-Costs Price Indexes
Stats NZ has announced changes to the household living-costs price indexes (HLPIs) following a review. The changes will be implemented in the Household living-costs price indexes: September 2025 quarter, scheduled for release on 28 October 2025. Stats NZ paused the…
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New Zealand's Goods Exports Surge in September 2025
New Zealand's overseas merchandise trade statistics for September 2025 reveal a significant increase in goods exports. Compared to September 2024, exports rose by $928 million (19 percent), reaching $5.8 billion. Goods imports also increased, but at a slower pace, rising…
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New Zealand's Annual Inflation Rises to 3.0 Percent in September 2025
Aotearoa New Zealand's consumers price index (CPI) has increased by 3.0 percent in the 12 months to the September 2025 quarter, according to figures released today by Stats NZ. This follows a 2.7 percent increase in the year to the…
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Media Monitor: Consumer NZ on Coffee Machines, Fabric Softeners
Consumer NZ is reporting on a range of consumer issues, from coffee machines to laundry products. It said its testing revealed significant differences in the quality of coffee produced by various capsule machines, noting that one of the best is…
BusinessHealthScience & TechnologyAustralasiaEconomyMedical ScienceComputers and Internet
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ACT Celebrates Achievements in Local Government, Education, and Small Business
ACT is celebrating a week of delivering on its promises, focusing on outcomes rather than theatrics. The party highlighted achievements in local government, education, and support for small businesses. A significant victory for ACT was the outcome of referendums on…
Politics and GovernmentEducationBusinessGeneral PoliticsState GovernmentsEconomySocial Issues ACTMāori wardsAuckland UniversityCharter schoolsRed tapeLocal Government
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Stats NZ Corrects Food Price Index Movements for September 2025
Stats NZ has issued a correction to the annual and monthly percentage movements for the food price index (FPI). The corrected data is available in the CSV files on Selected price indexes: September 2025 and in Infoshare. For all groups…
BusinessMediaEconomyDigital and Print PublishingMedia Crisis Stats NZFood Price IndexSeptember 2025InfoshareCSV filesPrice IndexesWellingtonStatistics NZ
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New Zealand Food Prices Rise 4.1 Percent Annually
Stats NZ reported today that food prices in New Zealand increased by 4.1 percent in the 12 months to September 2025. This is the smallest annual increase since April 2025. The grocery food group saw the most significant increase, rising…
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FMA Warns Finbase for Disclosure and Fair Dealing Breaches
The Financial Markets Authority (FMA) has issued a warning to HP Capital Limited, trading as Finbase, for serious breaches of the Financial Markets Conduct Act 2013 (FMC Act) and Financial Markets Conduct Regulations 2014 (FMC Regulations). The warning concerns Finbase’s…
BusinessPolitics and GovernmentLegalFinancial MarketsEconomyBanking FMAFinbaseFinancial Markets AuthorityFinancial Markets Conduct Act 2013Financial Markets Conduct Regulations 2014Single InvestmentHP Capital LimitedNZ Financial Markets Authority
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Wellington City Council Adopts Annual Report, Highlights $488.6 Million Infrastructure Investment
Wellington City Council adopted its audited Annual Report and financial statements for the 2024/25 year at its final meeting of the 2022-25 triennium. The report, to be published on the Council’s website, highlights a $488.6 million investment in the city’s…
Politics and GovernmentBusinessEnvironmentState GovernmentsEconomyFinancial Markets Wellington City CouncilAnnual Reportinfrastructure investmentfinancial resiliencevolunteer servicesnative plantsDistrict Plan
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New Zealand Electronic Card Transactions Drop in September 2025
Figures released on October 14, 2025, detail changes in electronic card transactions (ECT) for September 2025. The data encompasses debit, credit, and charge card transactions with New Zealand-based merchants, offering insights into consumer spending and economic trends. All figures are…
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Māori Business Statistics Show Slight Sales Increase in June 2025 Quarter
Statistics New Zealand reported that in the June 2025 quarter, Māori authorities and related businesses saw a slight increase in sales. The total value of sales reached $1,069 million, up $8.2 million (0.8 percent) compared to the June 2024 quarter.…
BusinessPolitics and GovernmentAustralasiaEconomyEmployment and LaborTradeGovernment
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New Zealand Household Saving Surges in June 2025 Quarter
New Zealand household saving saw a notable increase in the June 2025 quarter, climbing from $149 million in the March 2025 quarter to $804 million. Stats NZ attributes this rise to household net disposable income increasing at a faster rate…
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Media Monitor: The Guardian reports Macron faces pressure to call snap elections
The Guardian is reporting that French President Emmanuel Macron is facing mounting pressure to call snap parliamentary elections or resign. It said that Macron's former allies are joining opponents in demanding he act to end a spiraling political crisis. The…
WorldPolitics and GovernmentEntertainmentSportClimate ChangeEuropeMiddle EastAsiaMedical ScienceFilm and TVFootballRugbyEconomy Emmanuel MacronFranceParliamentary ElectionsMount EverestGlobal WarmingThe Guardian
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Stats NZ Releases Household Labour Force Survey Data for September 2025 Quarter
Stats NZ released the household labour force survey estimated working-age population table for the September 2025 quarter. This table provides the population benchmarks used to produce household labour force survey estimates for the upcoming labour market statistics release. The Government…
BusinessPolitics and GovernmentEmployment and LaborEconomyTradeGovernment Stats NZHousehold Labour Force SurveyWorking-Age PopulationSeptember 2025 QuarterLabour Market StatisticsWellingtonGovernment StatisticianStatistics NZ
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FMA Appoints Dr. Philip Stevens as Chief Economist
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has appointed Dr. Philip Stevens as Chief Economist. Stevens brings over 25 years of economics experience, including academic and public sector roles. He holds a doctorate in Economics from…
BusinessPolitics and GovernmentEconomyFinancial MarketsBankingEmployment and Labor FMAPhilip StevensSamantha BarrassChief EconomistFinancial Markets AuthorityEconomicsNZ Financial Markets Authority
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New Zealand Dwelling and Household Estimates Released for September 2025 Quarter
Stats NZ reported that at September 30, 2025, New Zealand had an estimated 2,133,400 private dwellings and 2,050,000 households. These national dwelling and household estimates serve multiple purposes, including planning and policy formation. They are also used for business decisions…
BusinessPolitics and GovernmentAustralasiaEconomyReal EstateState Governments
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Media Monitor: RNZ Reports on Hospital Negligence, Police Shooting
RNZ is reporting that a three-year-old boy died from septic shock in a rural hospital after critical errors by an on-call doctor and a nurse. It said the Health and Disability Commissioner has contacted Health NZ to address staffing suitability…
HealthPolitics and GovernmentBusinessSportWorldMedical ScienceState GovernmentsSocial IssuesEconomyFinancial MarketsAsia
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Former Financial Advisor Sentenced for Theft
A former financial advisor, Murray McClune, has been sentenced to three years and seven months’ imprisonment for two charges of theft by person in a special relationship. The charges followed an investigation by the Financial Markets Authority (FMA). The Judge…
BusinessLegalEconomyFinancial MarketsBanking Financial Markets AuthorityMurray McCluneFinancial AdvisorTheftSentencingMargot GatlandFinancial ServicesNZ Financial Markets Authority
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IAG to Pay $19.5 Million Penalty for Widespread Failures
IAG New Zealand Limited will pay a $19.5 million penalty after admitting to fair dealing breaches. The Financial Markets Authority (FMA) investigation revealed that IAG made false and/or misleading representations regarding its insurance products. FMA Executive Director Louise Unger stated,…
BusinessPolitics and GovernmentFinancial MarketsLegalEconomy IAG New Zealand LimitedFinancial Markets AuthorityLouise UngerFinancial Markets Conduct Actfair dealingpecuniary penaltyNZ Financial Markets Authority
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FMA Warns Kiwi Investors of 'Pump and Dump' Scam
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko, has alerted Kiwi investors to a new “pump and dump” scam. The FMA issued the warning as part of World Investor Week, which aims to educate and protect investors. According…
BusinessPolitics and GovernmentWorldEconomyFinancial MarketsLaw EnforcementLegalAsiaAustralasiaNorth America
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Media Monitor: Consumer NZ Reports on Dishwashers
Consumer NZ is reporting that some dishwashers on the market are ineffective at drying dishes. It said that in recent testing, two dishwashers left dishes as if they had been “dried in a rainforest.” The organization also highlighted three dishwashers…
BusinessScience & TechnologyHealthAustralasiaEconomyMedical ScienceComputers and InternetEnergy
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ACT Addresses Earthquake Regulations, Co-Governance, and University Courses
ACT is addressing several key issues, including earthquake regulations, co-governance, and university courses. The party is focused on providing practical solutions and fiscal responsibility. ACT opposed the National's earthquake-prone building law in 2016, with David Seymour being the sole dissenting…
Politics and GovernmentEconomyEducationEnvironmentState GovernmentsLocal ACTEarthquake RegulationsCo-GovernanceFar North District CouncilAuckland UniversityZombie LawsDavid SeymourACT Party NZ