Economy

This category focuses on news related to the economic performance of New Zealand, including GDP growth, employment rates, inflation, trade, and fiscal policies impacting the country’s financial landscape.

Wellington developers hint at when city will see new apartment buildings

Wellington developers hint at when city will see new apartment buildings

Wellington building developers say changes to the city’s District Plan are positive but they will not make a difference anytime…
Woolworths tells 79,000 they won a prize, then rescinds it

Woolworths tells 79,000 they won a prize, then rescinds it

By Vaimoana Mase of Woolworths has apologised to thousands of customers after mistakenly telling about 79,000 people they had won…
Meridian Energy’s wind farm almost finished despite obstacles

Meridian Energy’s wind farm almost finished despite obstacles

Meridian Energy’ s Harapaki wind farm will be completed much faster than expected with full commissioning expected by mid-winter. The…
Here’s what you should be earning at any age

Here’s what you should be earning at any age

By Esther Taunton of Most people will have heard talk about the median wage and some might even be able…
Australian visitors bounce back strongly despite not meeting pre-Covid-19 levels

Australian visitors bounce back strongly despite not meeting pre-Covid-19 levels

Australian visitor numbers are bouncing back strongly despite representing the country’s largest gap in visitor volume. Pre-Covid-19, Australians made up…
Lack of demand now ‘number one problem for businesses’ – investment manager

Lack of demand now ‘number one problem for businesses’ – investment manager

The new economic reality has hit a growing number of companies as they reveal significant hits to their earnings and…
ANZCO posts full-year profit, bucking industry trend

ANZCO posts full-year profit, bucking industry trend

ANZCO Foods has bucked the industry trend, reporting a full-year profit. The major meat company has just reported net profit…
Sheep farmers cutting costs, looking for new income sources as prices plummet

Sheep farmers cutting costs, looking for new income sources as prices plummet

The news keeps getting worse for the country’s sheep farmers. Export prices are 30 percent down on two years ago,…
Ports of Auckland to increase price, volumes to deliver $1b profits to council

Ports of Auckland to increase price, volumes to deliver $1b profits to council

The sale of a long-term lease for Ports of Auckland will not go ahead. Instead, as part of a new…
Restarting redundancy process would cause significant disruption for TVNZ

Restarting redundancy process would cause significant disruption for TVNZ

TVNZ’s chief operating officer says any decision for the company to restart its redundancy process would cause disruption for its…
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