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Latest Economy Headlines

The Kiwi Labour Market Is Softening, Following A Recession. Unemployment Continues To Climb

Fri, 2 Aug 2024 17:25:13 +1200 | Kiwi Economics

By our calculations, the unemployment rate likely lifted to 4.7% from 4.3%. That would mark the highest rate since the end of 2020. After being stuck at record low levels of 3.2%, the unemployment rate began to climb in June last year.More >>

Taranaki Businesses Engage With MP Hon Brooke Van Velden On Health And Safety Policy Reform

Fri, 2 Aug 2024 15:58:24 +1200 | Venture Taranaki

The Minister asked for feedback on five key areas that focus on how businesses are placed to manage their risks, whether the law is fit for purpose, worker engagement, the regulators (WorkSafe), and the regulatory system.More >>

Free Webinar Looks At Ways To Halve Regional Food Waste By 2030

Fri, 2 Aug 2024 12:03:43 +1200 | Waikato Regional Council

Waikato Regional Council Waste Prevention Advisor Valerie Bianchi will be presenting research from the Circularising Organics report, which was commissioned by the council to assist local decision making in the development of a robust organic waste system.More >>

China Southern Airlines Returns To Christchurch For The Summer Season With A Boost For Chinese New Year

Fri, 2 Aug 2024 09:30:38 +1200 | Christchurch Airport

Christchurch Airport is thrilled to announce the return of China Southern Airlines for summer season, starting at the end of October. Asia’s largest carrier will resume its direct service between Christchurch and Guangzhou, bringing significant ...More >>

Businesses Passionate About Sustainability Can Do Their Part To Help Reduce Waste And Support Local Growers

Fri, 2 Aug 2024 09:23:54 +1200 | Wonky Box

“Businesses that sign up to Wonky Box are helping divert produce from going to waste, they’re supporting local growers, and they’re providing perfectly edible and delicious fruit to their employees.”More >>

ZIWI Crowned Hawke’s Bay ASB Exporter Of The Year 2024

Fri, 2 Aug 2024 08:18:30 +1200 | Business Central

New Zealand’s largest pet food manufacturer, ZIWI, has been crowned Exporter of the Year at the ExportNZ ASB Hawke’s Bay Export Awards. More >>

Giving New Zealanders More Bang For Buck From Infrastructure

Fri, 2 Aug 2024 07:59:24 +1200 | New Zealand Infrastructure Commission

New research from the New Zealand Infrastructure Commission, Te Waihanga shows how water and transport pricing can help us better utilise existing infrastructure and make better choices about what, where and when we build.More >>

Energy Sector Welcomes Release Of Vocation Education And Training Proposals

Fri, 2 Aug 2024 07:51:31 +1200 | Energy Resources Aotearoa

Energy Resources Aotearoa welcomes the release of the Government’s proposals to redesign the vocational education and training system. More >>

Boosting NZ Wine Tourism: New Bill Simplifies Wine Tasting Regulations

Thu, 1 Aug 2024 17:05:06 +1200 | New Zealand National Party

New Zealand’s standing as a premier wine tourism destination has had a significant boost with the passing of the Sale and Supply of Alcohol (Winery Cellar Door Tasting) Amendment Bill supporting the growth of wine tourism.More >>

Future Proofing Queenstown Lakes’ Economy — Economic Diversification Plan Endorsed By QLDC

Thu, 1 Aug 2024 16:20:29 +1200 | Queenstown Lakes District Council

Endorsement of the Queenstown Lakes Economic Diversification Plan at today’s full council meeting marks an exciting step toward future proofing the local economy. More >>

Highest Ever Methane Emissions Requires Action On Dairy By NZ

Thu, 1 Aug 2024 16:13:26 +1200 | Greenpeace

Published this week in Frontiers In Science, the ‘ Methane Imperative’ report concludes that strong government regulation and fewer cows are needed to help avert a dangerous escalation in the climate crisis.More >>

What’s Behind Cruelty To Animals

Thu, 1 Aug 2024 15:57:15 +1200 | Ian Powell

Ian Powell discusses first protection for companion farm pets in New Zealand and then elephant exploitation and sanctuaries in Thailand, all in the context of what drives capitalism.More >>

Agri-product Regulatory Review Progress Applauded

Thu, 1 Aug 2024 15:03:31 +1200 | Federated Farmers

The terms of reference have now been signed off for the Ministry for Regulation review, and work is underway with importers, manufacturers and regulatory agencies to look for improvements and efficiencies.More >>

Transparent Investment Reporting To Drive Fiscal Discipline

Thu, 1 Aug 2024 09:45:46 +1200 | New Zealand Government

The Government has released its first Quarterly Investment Report as part of the drive to deliver better value for money from government expenditure and restore fiscal discipline, Finance Minister Nicola Willis and Associate Finance and Infrastructure ...More >>

New Data Highlights Urgent Need To Address Financial Literacy Gap Among Kiwi Adults

Thu, 1 Aug 2024 08:15:49 +1200 | Partners Life

Partners Life and Banqer Launches Free Financial Literacy Bootcamp to Help Close the Gap. Partners Life has released new research that reveals the opportunity greater financial literacy would have on economic and mental well-being.More >>

Tax Cuts: 1982 And 2024

Wed, 31 Jul 2024 16:12:59 +1200 | Keith Rankin

The official context here is that the income tax scale has been subject to 'bracket creep', meaning that average tax rates have increased because of rising price levels; bracket creep benefits the government's coffers at the expense of wage workers.More >>

Contact To Match Donations To Women’s Refuge Winter Appeal

Wed, 31 Jul 2024 11:55:39 +1200 | Contact Energy

Contact Energy (Contact) is calling for Kiwis to get behind the Women’s Refuge Safe Night Bed Appeal and is matching donations made this winter. More >>

New Zealand Health System Faces Steep Funding Cuts, Possible Privatisation

Wed, 31 Jul 2024 11:47:12 +1200 | Socialist Equality Group

In a post-cabinet press conference on July 22, Prime Minister Christopher Luxon said there was a lack of “performance management” at Health NZ, which he described as an overly centralised system with a “massive bureaucracy” and financial mismanagement.More >>

Reserve Bank Of New Zealand Explores New Techniques To Enhance Financial Stability Monitoring

Wed, 31 Jul 2024 11:36:36 +1200 | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand, Te Pūtea Matua has published two new Analytical Notes that investigate utilising new models and data sources to complement existing approaches to monitoring financial stability.More >>

June 2024 Rural Data: REINZ Reports Decreased Activity Alongside Economic And Seasonal Factors

Wed, 31 Jul 2024 11:16:58 +1200 | REINZ

There were 215 farm sales in the three months ended June 2024, marking a decrease of 14 sales (-6.1%) compared to the same period in 2023, where 229 sales were recorded. This also reflects a decline of 13.3% from the 248 sales reported for the three months ...More >>