New Zealand withdraws bill allowing 16-year-olds to vote in local body elections
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government on Friday withdrew a bill that would have allowed sixteen year olds to vote in local government elections if it had passed.…
New Zealand central bank warns Citi’s local unit over breach of international payments rule
(Reuters) – The Reserve Bank of New Zealand (RBNZ) said on Thursday it had issued a formal warning to Citigroup’s local unit for failing to provide sender information in international payment transfers…
New Zealand economy unexpectedly contracts in third quarter
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s economy unexpectedly contracted in the third quarter as a number of industries including manufacturing and construction saw activity slow and household spending eased. Official…
New Zealand house prices fall but activity up -REINZ
By Lucy Craymer WELLINGTON (Reuters) – New Zealand house prices fell in November, but more broadly sales activity is improving with more listings coming to market and houses selling more quickly, the…
New Zealand foreign minister seeks closer ties with Five Eyes powers
By Alasdair Pal (Reuters) – New Zealand Foreign Minister Winston Peters said on Monday he would draw the country closer to intelligence partners the United States, Britain, Canada and Australia, part of…
New Zealand seeks to strengthen engagement with US -foreign minister
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Foreign Minister Winston Peters said on Thursday his country would seek to strengthen engagement with the United States on strategic and security challenges while…
New Zealand to introduce RBNZ reforms, lift cigarette sale ban
SYDNEY (Reuters) – New Zealand’s new government will introduce legislation to reform the Reserve Bank of New Zealand’s mandate and lift a ban on the sale of cigarettes to future generations within…
EU lawmakers approve New Zealand trade deal to end hiatus
By Philip Blenkinsop BRUSSELS (Reuters) – The European Parliament approved on Wednesday the European Union’s free trade agreement with New Zealand, its first endorsement of such a deal in more than three…
New Zealand house prices dip in October, sales activity steadily improving -REINZ
By Lucy Craymer WELLINGTON (Reuters) – New Zealand house prices fell slightly in October but sales activity is showing a steady improvement on 2022, the Real Estate Institute of New Zealand (REINZ)…
Explainer-New Zealand voted for change, what happens now?
WELLINGTON (Reuters) – New Zealand’s centre-right National Party will head the country’s next government after Saturday’s general election, but it will be several weeks until vote counting is finalised and for now…
‘Bloodbath’: New Zealand Voters Decisively Reject Liberal Party
‘Bloodbath’: New Zealand Voters Decisively Reject Liberal Party Nick Pope on October 14, 2023 The voters of New Zealand spurned the liberal Labour Party in Saturday’s national elections, knocking them into the…
New Zealand PM-elect Luxon, National leaders to start planning coalition
By Lucy Craymer and Renju Jose WELLINGTON (Reuters) -Senior members of New Zealand’s National Party will meet on Sunday to plan forming a coalition government after the centre-right party and its preferred…
Voting closes in New Zealand election, counting set to begin
By Lucy Craymer WELLINGTON (Reuters) – Voting closed in New Zealand’s general election at 7:00 p.m. (0600 GMT) on Saturday and counting was set to start, with provisional results due later this…
New Zealand election campaign winds down with Labour facing defeat
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Prime Minister Chris Hipkins on Friday urged voters to get out and re-elect Labour in Saturday’s national election, as polls indicate a change in…
Explainer-New Zealand election on Saturday: What you need to know
By Lucy Craymer WELLINGTON (Reuters) – Saturday is the final day to vote in the New Zealand national election, with the Labour Party seeking a third term and the centre-right National Party…
Factbox-The two Chrises vying for role of New Zealand prime minister
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s election has turned into a battle of the two Chrises. According to recent polls, Chris Hipkins, New Zealand’s current prime minister and leader of…
Air New Zealand eyes lower earnings for first half as domestic demand softens
By Ayushman Ojha (Reuters) -Air New Zealand on Thursday flagged lower earnings for first half of fiscal 2024 on a recent softness in domestic travel demand and volatility in jet fuel prices,…
Factbox-Kingmakers rise ahead of close-run New Zealand election
By Lucy Craymer WELLINGTON (Reuters) – Election polls give New Zealand’s centre-right National Party a comfortable lead going into the Oct. 14 election. However, it is unlikely to be able to govern…
New Zealand current account deficit narrows in Q2
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s current deficit narrowed in the second quarter, official data showed on Wednesday, but the country’s external position remains well beyond sustainable levels. The actual…
New Zealand banks to introduce new measures to prevent scams
By Lucy Craymer WELLINGTON (Reuters) – New Zealand banks on Friday said they would introduce new steps to counter scams targeted at its customers including establishing a national Anti-Scam centre, combining resources…
New Zealand manufacturing sector again edges lower in August
WELLINGTON (Reuters) – New Zealand’s manufacturing sector contracted again in August and is well below its long-term average, a survey showed on Friday. The Bank of New Zealand-BusinessNZ’s seasonally adjusted Performance of…
New Zealand forecasts much larger budget deficit but improved economy
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s government on Tuesday predicted a larger budget deficit but better-than-expected economic conditions in the year ahead, as it updated forecasts heading into the October…
New Zealand house prices to rise again on supply shortage, rate cut hopes: Reuters poll
By Anant Chandak BENGALURU (Reuters) – New Zealand house prices are forecast to rise again next year due to an ongoing supply shortage and expectations for interest rate cuts, according to a…
New Zealand cuts spending plans as China, global economies slow
SYDNEY (Reuters) – New Zealand said on Monday it would cut its future budget allowances, reduce spending on consultants and for some government programmes citing a deterioration in the global economy, and…
Analysis-In New Zealand, defence and security become election issues amid China’s Pacific push
By Lucy Craymer WELLINGTON (Reuters) – For the first time in decades, foreign and defence policy are in the electoral spotlight in New Zealand, as opinion surveys show public concern about the…
Reserve Bank of New Zealand: stress test shows life insurers can withstand shocks
By Lucy Craymer WELLINGTON (Reuters) – Reserve Bank of New Zealand said on Tuesday that its first life insurance industry stress test showed large insurers are well placed to withstand severe economic…
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