Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Balance of Payments and International Investment Position

Balance of Payments and International Investment Position: Year ended 31 March 2017

27 September 2017 - This information release brings together previously released quarterly statistics for the balance of payments and international investment position into year-ended March 2017 totals.

Key facts

At 31 March 2017:

• Of New Zealand’s $234.2 billion total investment abroad, 59.3 percent was in Australia, the United States of America, and the United Kingdom.

• Of the $387.1 billion foreign investment in New Zealand, 58.5 percent was from Australia, the United Kingdom, and the United States of America.

• Japan was New Zealand's fourth-largest inward ($10.7 billion) investment partner. It was also our fourth-largest outward ($11.4 billion) investment partner.

• New Zealand’s foreign-currency-denominated external debt was $120.5 billion (95.4 percent of which was hedged).

Key information in this release includes:

• stocks and flows of international investment, which are disaggregated by selected countries

• international assets and liabilities, direct investment, and investment income, which are disaggregated by industry

• hedging of New Zealand's foreign-currency-denominated overseas debt.

The 2017 hedging survey covered a sample population of 77 enterprises, or 85.0 percent of New Zealand’s overseas liabilities denominated in foreign currencies.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Stats NZ: Consents For New Homes At All-Time High

A record 41,028 new homes have been consented in the year ended March 2021, Stats NZ said today. The previous record for the annual number of new homes consented was 40,025 in the year ended February 1974. “Within 10 years the number of new homes ... More>>

Stats NZ: Unemployment Declines As Underutilisation Rises

The seasonally adjusted unemployment rate decreased to 4.7 percent in the March 2021 quarter, continuing to fall from its recent peak of 5.2 percent in the September 2020 quarter but remaining high compared with recent years, Stats NZ said today. ... More>>


Digitl: The Story Behind Vodafone’s FibreX Court Ruling

Vodafone’s FibreX service was in the news this week. What is the story behind the Fair Trading Act court case? More>>

Reserve Bank: Concerned About New Zealand's Rising House Prices

New Zealand house prices have risen significantly in the past 12 months. This has raised concerns at the Reserve Bank of New Zealand – Te Putea Matua about the risk this poses to financial stability. Central banks responded swiftly to the global ... More>>

Westpac: Announces Strong Financial Result

Westpac New Zealand (Westpac NZ) [i] says a strong half-year financial result has been driven by better than expected economic conditions. Chief Executive David McLean said while the global COVID-19 pandemic was far from over, the financial effect on ... More>>

MYOB: SME Confidence In Economic Performance Still Cautious

New insights from the annual MYOB Business Monitor have shown the SME sector is still cautious about the potential for further economic recovery, with two-in-five (41%) expecting the New Zealand economy to decline this year. The latest research ... More>>