Latest Economy Headlines
New Record For NZ’s Costliest Weather Events: Expense 20 Times More Than Previous High, Aon Report Reveals
Tue, 19 Mar 2024 11:06:26 +1300 | AON
Extreme weather events in the current climate have revealed significant vulnerabilities across the Pacific region More >>
Trade Access To Overseas Markets Creates Jobs
Tue, 19 Mar 2024 11:02:14 +1300 | New Zealand Government
Hon Todd McClay Minister for Trade Minister of Agriculture Minister of Agriculture and Trade, Todd McClay, says that today’s opening of Riverland Foods manufacturing plant in Christchurch is a great example of how trade access to overseas markets ...More >>
New Strategy Charts Bright Future For Hospitality In New Zealand
Mon, 18 Mar 2024 14:09:16 +1300 | Hospitality New Zealand
Hospitality New Zealand releases five-year strategy to support the hospitality industry – New Zealand’s seventh largest employer – to thrive. More >>
Connings’ Investment Plans For Nelson A Boost For City Centre
Mon, 18 Mar 2024 12:20:58 +1300 | Nelson City Council
Nelson City Council and the Connings have agreed in principle to the successful market gardening business leasing a Council-owned site in central Nelson to bring its fresh produce to town. Council’s in-principle agreement involves Connings leasing ...More >>
Kāpiti Council Living Wage Will Do More Harm Than Good
Mon, 18 Mar 2024 10:30:09 +1300 | New Zealand Taxpayers' Union
Commenting on the introduction of the living wage for all employees and contractors at Kāpiti Coast District Council, Taxpayers’ Union Campaigns Manager, Connor Molloy, said: “The problem with blanket living-wage policies is that they ...More >>
Buying Loose Potatoes, Apples And Bananas Could Save NZ $36 Million A Year
Mon, 18 Mar 2024 10:28:06 +1300 | Love Food Hate Waste
Food waste is a global problem with approximately 1.3 billion tonnes of food ending up rotting in landfills every year. In New Zealand, Love Food Hate Waste NZ says, we throw away over 14,000 tonnes of bananas, potatoes and apples alone. A majority ...More >>
Speech To Auckland Business Chamber: Growth Is The Answer
Fri, 15 Mar 2024 15:41:02 +1300 | New Zealand Government
Hon Nicola Willis Minister of Finance Tēna koutou katoa. Greetings everyone. Thank you to the Auckland Chamber of Commerce and the Honourable Simon Bridges for hosting this address today. I acknowledge the business leaders in this room, the leaders ...More >>
Hon. David Seymour On Newly Created Ministry Of Regulation, With The Newmarket And Parnell Business Associations
Fri, 15 Mar 2024 14:58:09 +1300 | Newmarket Business Association
Newmarket & Parnell, 15 March 2024 – This morning the Newmarket Business Association (NBA) and Parnell Business Association (PBA) hosted an exclusive breakfast with Hon. David Seymour, where he discussed his newly created Ministry of Regulation, ...More >>
Health, Food Prices And Affordable Housing Top Priorities For Kiwis
Fri, 15 Mar 2024 12:19:43 +1300 | Horizon Research Limited
Kiwis are telling the government to focus most on improving health, rising food prices and affordable housing. Horizon Research presented a list of 42 issues and asked adults nationwide which were the most important for the current government ...More >>
New Zealand Ranks In The World’s Top 3 Second Home Hotspots For 2024
Fri, 15 Mar 2024 12:01:26 +1300 | GetAgent
A new study conducted by estate agent comparison site GetAgent has revealed the most in-demand locations to buy a second property in, and Ireland tops the list as the world’s ‘second home hotspot’. Global searches for second home purchases ...More >>
Business Confidence Positive, But With Headwinds Looming
Fri, 15 Mar 2024 10:58:19 +1300 | Business Canterbury
Business Canterbury (formerly the Canterbury Employers’ Chamber of Commerce) released the results of its March Quarterly Canterbury Business Survey to members today, highlighting generally positive business confidence, but also some potential headwinds coming ...More >>
Dunne's Weekly: Bailing Out Ski Fields Or Media Companies?
Fri, 15 Mar 2024 09:01:13 +1300 | Peter Dunne
This week’s government bailout – the fifth in the last eighteen months – of the financially troubled Ruapehu Alpine Lifts company would have pleased many in the central North Island ski industry. The government’s stated rationale for the ...More >>
ASB Rural Quarterly Report
Fri, 15 Mar 2024 08:58:20 +1300 | ASB Bank
Dairy rebounds, forestry looking up as meat prices lag, but overall a more positive outlook for the sector More >>
Westpac Economic Bulletin: New Zealand Residential Construction Update, March 2024
Fri, 15 Mar 2024 08:51:07 +1300 | Westpac
We’re going to need lots of houses Westpac’s latest Economic Bulletin looks at what the big swings in New Zealand’s population means for housing supply and home building. The past few years have seen some parts of New Zealand catching up ...More >>
Celebrating 10 Years Of Crankworx Rotorua
Thu, 14 Mar 2024 15:11:42 +1300 | New Zealand Government
The Government is proud to support the 10th edition of Crankworx Rotorua as the Crankworx World Tour returns to Rotorua from 16-24 March 2024, Minister for Economic Development Melissa Lee says. “Over the past 10 years as Crankworx Rotorua has ...More >>
Drivers Behind Rates Rises Across The Country Laid Bare
Thu, 14 Mar 2024 14:57:51 +1300 | Local Government NZ
Homeowners are facing average rates rises of 15% according to data in draft long-term plans across 48 councils, averaging at about $8 more per week* per household. LGNZ commissioned a report by one of the country’s leading economists, Brad Olsen, which ...More >>
Government Delivering On Tax Commitments
Thu, 14 Mar 2024 14:49:02 +1300 | New Zealand Government
Legislation implementing coalition Government tax commitments and addressing long-standing tax anomalies will be progressed in Parliament next week, Finance Minister Nicola Willis says.More >>
Contradictions In Tax Changes
Thu, 14 Mar 2024 14:01:45 +1300 | TrueNZ
The Prime Minister and various other Ministers (David Seymour & Simon Watts in particular) have been singing the praises of the restoration of interest deductibility for landlords as returning to fundamental taxation principles. There is a deafening ...More >>
On National’s Fantasy Trip To La La Landlord Land
Thu, 14 Mar 2024 11:39:22 +1300 | Gordon Campbell
How much political capital is Christopher Luxon willing to burn through in order to deliver his $2.9 billion gift to landlords? Evidently, Luxon is: (a) unable to cost the policy accurately. As Anna Burns-Francis pointed out to him on Breakfast ...More >>
Food Prices See Smallest Annual Increase Since May 2021
Wed, 13 Mar 2024 11:29:31 +1300 | Statistics New Zealand
Food prices increased 2.1 percent in the 12 months to February 2024, the smallest increase since May 2021, according to figures released by Stats NZ said today. The 2.1 percent increase is noticeably lower when compared with the 12.0 percent increase ...More >>