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.

SkyCity Entertainment settles $73.6m with Australian watchdog over law breaches

SkyCity Entertainment settles $73.6m with Australian watchdog over law breaches

Gaming company SkyCity Entertainment has cut a deal with Australia’s financial watchdog to settle breaches of anti-money laundering laws at…
Resignations at Christchurch City Holdings after call for review

Resignations at Christchurch City Holdings after call for review

The Christchurch City Council has called for a review of the makeup of its investment company board at the centre…
Waking up to harassment at work

Waking up to harassment at work

New Zealand workplaces have been urged to speak out against harassment on the back of a new study that shows…
‘Buyers control narrative’, mortgage rates drop: What is happening with the NZ housing market this week?

‘Buyers control narrative’, mortgage rates drop: What is happening with the NZ housing market this week?

Analysis – The housing market and interest rates continue to increasingly favour buyers with a rising number of listings taking…
Consumers could see increase in dairy prices if Fonterra sells off consumer brands

Consumers could see increase in dairy prices if Fonterra sells off consumer brands

There are a lot of cons in Fonterra’s plan to sell off some or all of its most well-known brands,…
Grid rethink needed for Waikato power – Transpower

Grid rethink needed for Waikato power – Transpower

Power grid capacity in Waikato is approaching its limit and new ways to add resilience to the network are needed,…
Popeyes’ battle shows how big businesses protect their trademarks – even when they have no plans to come to NZ

Popeyes’ battle shows how big businesses protect their trademarks – even when they have no plans to come to NZ

At first sight, the battle between a Manawatū fish-and-chip shop and a Louisiana-based chicken joint over the name “Popeye’s” reads…
Auckland’s Vero Centre to be sold to international buyer

Auckland’s Vero Centre to be sold to international buyer

One of the country’s biggest office blocks is being sold to a Hong Kong-China company. Kiwi Property has reached a…
Buyers’ market? Property resale profits down

Buyers’ market? Property resale profits down

Property resale profits have dipped again as the housing market shifts in buyers’ favour. CoreLogic’s latest Pain & Gain report…
Seabed mining ‘does not co-exist with offshore wind’, government told

Seabed mining ‘does not co-exist with offshore wind’, government told

Offshore wind companies have told the government the industry is not compatible with seabed mining in the Taranaki Bight. Trans-Tasman…
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