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Economy

Unemployment hits 12-year high as businesses hold back on hiring

RCR Bites -

The unemployment rate has risen to 5.6% in the June quarter, its highest level since March 2014, while the broader underutilisation rate climbed from...

Housing slump fuels Australian recession fears

Daily Telegraph NZ -

Australia's slowing housing market has intensified concerns about a broader economic downturn, with falling home lending, weakening property prices and subdued auction results raising...

Government trials AI to ‘speed up’ biosecurity import approvals

Daily Telegraph NZ -

The Government is trialling a new artificial intelligence tool aimed at speeding up the development of New Zealand's import health standards while maintaining existing...

‘Freedom’ launches new open source policy to keep NZ’s digital wealth at home

DTNZ Politics -

Following the announcement of its major policy to introduce direct democracy, and alongside its official name change to Freedom, the party has released a...

Luxon doubles down on ‘Net Zero’

Daily Telegraph NZ -

Prime Minister Christopher Luxon has reaffirmed the government's commitment to achieving Net Zero, insisting New Zealand remains on course to meet its climate targets...

Inflation climbs to 4.1% as fuel and power costs drive prices higher

Daily Telegraph NZ -

The country's annual inflation rate has climbed above the Reserve Bank's target range, with new figures from Stats NZ showing the Consumers Price Index...

FIT partnership agrees new measures to cut trade barriers

Daily Telegraph NZ -

Trade ministers from 19 countries have agreed on a series of practical initiatives aimed at reducing trade barriers, improving digital trade and strengthening supply...

NZ and Singapore activate ‘Essential Supplies Pact’

Daily Telegraph NZ -

New Zealand and Singapore have brought into force a landmark agreement aimed at protecting the supply of essential goods during periods of global disruption. Trade...

Global trade ministers gather in Auckland

DTNZ Business -

Trade ministers from 16 member economies, along with observers from five additional countries, have gathered in Auckland for the second Future of Investment and...

Government seeks feedback on capital market reforms

DTNZ Business -

The Government has launched consultation on the next stage of its capital market reforms, seeking public feedback on proposals aimed at making it easier...

New guidance aims to attract overseas supermarket investment

DTNZ Business -

The Government has released new guidance designed to make it easier for overseas investors to navigate New Zealand's Overseas Investment Act when establishing or...

Luxon: NZ and India launch ‘major step’ in Strategic Partnership

Daily Telegraph NZ -

New Zealand and India have agreed to elevate their relationship to a Strategic Partnership, with Prime Minister Christopher Luxon and Indian Prime Minister Narendra...

India FTA a betrayal of NZ by ‘small group of men with no mandate’ – critic

Daily Telegraph NZ -

The India Free Trade Agreement has come under renewed criticism after critic Joshua Riley of Sovereign NZ said the deal would undermine New Zealand's...

Modi visit comes as India trade deal remains controversial and Peters travels overseas

RCR Bites -

India's Prime Minister Narendra Modi arrives in Auckland tomorrow for a two-day visit, the first by an Indian leader in 40 years. Prime Minister Christopher...

Reserve Bank raises OCR to 2.50% as inflation risks persist

DTNZ Business -

The Reserve Bank has increased the Official Cash Rate (OCR) by 25 basis points to 2.50%, signalling that further tightening may be required as...

National’s trade push risks turning New Zealand into a globalist sacrifice

RCR Bites -

Prime Minister Christopher Luxon has vowed to pursue free trade agreements with seven new countries, including Nigeria, Bangladesh, Brazil and Argentina, within five years...

Peters renews key criticisms of NZ-India FTA as deal passes first reading

RCR Bites -

Legislation to implement the NZ-India Free Trade Agreement has passed its first reading in Parliament, with Trade and Investment Minister Todd McClay describing it...

McClay: Primary sector driving export boom as government pushes regulatory and trade reforms

DTNZ Farming -

Agriculture Minister Todd McClay has praised New Zealand’s primary sector for delivering record export growth while outlining a series of government initiatives aimed at...

New Plymouth Mayor challenges $620m TSB-Heartland merger

RCR Bites -

New Plymouth Mayor Max Brough has called a public meeting to challenge the consultation process behind the proposed $620 million sale and merger of...

National unveils compulsory KiwiSaver plan

DTNZ Politics -

The National Party has announced a package of KiwiSaver changes it would introduce if re-elected. The reforms include compulsory KiwiSaver membership for all workers from...

Bank of Japan lifts rates to highest level since 1995

DTNZ Business -

The benchmark interest rate was hiked to 1%, despite US-Iran peace agreement, as higher energy costs spread through the economy. The Bank of Japan raised...

More global shocks ahead – IMF chief

Daily Telegraph NZ -

The world has yet to fully “internalize” the fact that major disruptions are becoming the norm, Kristalina Georgieva has said. The world is likely to...

‘The game is over’: Hickey says NZ’s property boom is finished

Daily Telegraph NZ -

Economic commentator Bernard Hickey says New Zealand's long-standing reliance on rising house prices as a driver of wealth and economic growth has reached a...

Anti Money-Laundering ID rules eased

Daily Telegraph NZ -

New Zealanders are set to face fewer hurdles when proving their identity under changes to the country's anti-money laundering (AML) rules announced by Internal...

Heartland and TSB plan merger

Daily Telegraph NZ -

Heartland Bank and TSB have announced plans to merge, creating a larger New Zealand-owned banking group aimed at strengthening competition with the country's major...

Budget 2026 unveils fuel relief, major infrastructure spending and cyber security boost

Daily Telegraph NZ -

The Government has unveiled a wide-ranging Budget 2026 package aimed at balancing fiscal restraint with new spending on infrastructure, frontline services and support measures...

Bezos panics: Billionaires fear public revolt amid growing inequality

Daily Telegraph NZ -

Billionaires and corporations are accused of fuelling economic inequality while positioning themselves to avoid public backlash. The claims were analysed during a segment on The...

$1.2 billion scheme launched to help businesses move away from gas

Daily Telegraph NZ -

The Government has unveiled a new loan guarantee scheme aimed at helping businesses reduce their reliance on natural gas, as it says New Zealand...

English language rules for mid-skilled migrant workers extended

Daily Telegraph NZ -

The Government is expanding minimum English language requirements for migrant workers applying under the Accredited Employer Work Visa (AEWV), with the new rules set...

Peters targets Labour, immigration and globalism in wide-ranging Whangārei speech

Daily Telegraph NZ -

Winston Peters has used a major speech in Whangārei to unveil a series of economic and political proposals, including a Special Economic Zone at...

NZ First unveils proposal for Special Economic Zone at Marsden Point

Daily Telegraph NZ -

New Zealand First has announced plans to establish a Special Economic Zone at Marsden Point, centred around the former oil refinery site and Northport,...

Ruble top performer against US dollar – Bloomberg

Daily Telegraph NZ -

The Russian currency has increased 12% against the greenback since April despite repeated predictions of depreciation, the outlet has reported. The Russian ruble has become...

EU names deadline for ‘mother of all deals’

Daily Telegraph NZ -

European Commission President Ursula von der Leyen has vowed to finalize a trade pact with India after 20 years of efforts. European Commission President Ursula...

Potato futures are soaring – should the world be worried?

Daily Telegraph NZ -

Disruptions to shipping through the Strait of Hormuz have triggered warnings of a global food crisis. The US-Israeli war on Iran is increasingly hitting consumers...

AI deletes routine white collar jobs

Peter St Onge -

A new study predicts that 86% of AI unemployment will be women. And not just any women: rich Democrat women. Tragically, AI is coming for...

National accused of ‘misleading’ public over India FTA immigration rules

Daily Telegraph NZ -

The National Party is facing accusations of lying to New Zealanders over the immigration provisions contained within the newly signed India Free Trade Agreement,...

US in stagflation for first time in decades – 2008 crash prophet

Daily Telegraph NZ -

Ray Dalio’s warning comes amid a consumer price hike triggered by the Iran war and an economic downturn. The US has slipped into stagflation for...

NZ-India FTA accused of helping build rival fruit industry at growers’ expense

Daily Telegraph NZ -

Critics of New Zealand’s free trade agreement with India are accusing the Government of undermining local growers by committing New Zealand expertise and resources...

Kiwis urged to take action and oppose NZ–India FTA

Daily Telegraph NZ -

Opposition to the proposed New Zealand–India free trade agreement is intensifying, with critics urging the public to take action ahead of its expected progression...

NZ-India FTA slammed as ‘sell-out’ after claims of Kiwi job losses and migration surge to NZ

Daily Telegraph NZ -

Criticism of the NZ-India Free Trade Agreement (FTA) has intensified after comments made by India’s Trade and Commerce Minister Piyush Goyal and Trade Minister...

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