New Zealand regulator warns Vanguard over greenwashing notice
(Reuters) – New Zealand’s financial markets regulator issued a warning to U.S. fund giant Vanguard Group on Wednesday for failing to disclose details within the …
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Rebounding New Zealand tourism is a rare bright spot for its economy
By Lucy Craymer WELLINGTON (Reuters) – When cruises started taking bookings at the end of the COVID-19 pandemic, Australians Eunice and John Rowley quickly made …
New Zealand house prices fall in February as economic headwinds continue
WELLINGTON (Reuters) – New Zealand house prices continued to fall on the prior month as ongoing headwinds and the impact of Cyclone Gabrielle continues to …
New Zealand government to boost financial support for 1.4 million people
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government is boosting financial support for around 1.4 million citizens as it tries to offset three-decade …
New Zealand consumer confidence slips in February -ANZ-Roy Morgan
SYDNEY (Reuters) – Consumer confidence in New Zealand fell in February compared with the prior month as households grappled with higher living costs and rising …
New Zealand home prices to fall over 20% from November 2021 peak: Reuters Poll
By Devayani Sathyan BENGALURU (Reuters) – New Zealand house prices are set to fall further this year than previously thought, according to a Reuters poll …
New Zealand businesses less pessimistic in February -ANZ survey
SYDNEY (Reuters) – New Zealand’s business confidence improved in February as all activity indicators saw a lift, although many remain at very subdued levels compared …
New Zealand rate hike in best interests of all amid weather crisis -cenbank
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand central bank considered the impact of recent extreme weather events when deciding to hike the cash …
Heavy rains forecast for cyclone-hit areas of New Zealand
By Lewis Jackson (Reuters) – Parts of cyclone-stricken New Zealand could see heavy rains from Thursday as relief and recovery efforts continue and tens of …
Disasters lower outlook for New Zealand interest rate rise
By Lucy Craymer WELLINGTON (Reuters) – Expected damage to New Zealand’s economy from severe weather over the past three weeks has prompted financial markets to …
Cyclone death toll in New Zealand rises to nine as recovery continues
SYDNEY (Reuters) -The death toll from Cyclone Gabrielle in New Zealand rose to nine on Saturday as the clean-up continued on the battered North Island …
New Zealand pilot taken hostage in Indonesia – Papuan rebel group
By Kate Lamb and Ananda Teresia JAKARTA (Reuters) – Separatist fighters in Indonesia’s Papua region have taken a New Zealand pilot hostage after setting a …
New Zealand Q4 jobless rate edges up to 3.4%, just above historic lows
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s jobless rate held just above historic lows and wage inflation hit a three-decade high but there are …
New Zealand inflation remains high but not as bad as central bank expected
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s consumer inflation held near three-decade highs last quarter but came in below the central bank’s forecast, prompting …
New Zealand’s ruling party confirms Hipkins as new prime minister – Radio New Zealand
WELLINGTON (Reuters) – New Zealand’s ruling Labour Party selected Chris Hipkins to replace Jacinda Ardern as leader of the Labour party and prime minister in …
Troubleshooter Chris Hipkins faces a tough road as New Zealand PM
By Lucy Craymer and Alasdair Pal WELLINGTON (Reuters) – Chris Hipkins, set to become New Zealand’s prime minister, built a reputation for competence in tackling …
When is the New Zealand prime minister election and how will it work?
By Lewis Jackson SYDNEY (Reuters) – New Zealand Prime Minister Jacinda Ardern will step down no later than Feb. 7 after a shock resignation on …
New Zealand manufacturing sector continues to contract in Dec -survey
WELLINGTON (Reuters) – New Zealand’s manufacturing sector contracted for the third consecutive month in December, while the negative mindset of manufacturers has picked up pace. …
New Zealand house prices continue to fall as interest rates hurt
WELLINGTON (Reuters) – New Zealand house prices fell in December on the prior month as interest rates rose and more difficulty accessing bank finance contributed …
U.S.’s Yellen chairs meeting with UK, Australia, Canada, New Zealand ministers
LONDON (Reuters) – U.S. Treasury Secretary Janet Yellen chaired a meeting of finance ministers from Australia, Canada, New Zealand, and the United Kingdom, Britain’s finance …
Fall in New Zealand confidence raises spectre of deeper recession
By Lucy Craymer WELLINGTON (Reuters) – Confidence in New Zealand has slumped in recent weeks, raising concerns the country might be headed toward a deeper …
New Zealand forecasts recession next year but a narrower budget deficit
By Lucy Craymer and Alasdair Pal WELLINGTON (Reuters) – New Zealand’s government on Wednesday forecast the country would enter a recession in 2023, even as …
Air New Zealand to develop zero-emission demonstrator planes with partners
(Reuters) – Air New Zealand (Air NZ) said on Wednesday it had partnered with four aircraft makers to develop zero-emission demonstrator flights by 2026, using …
New Zealand house prices fall as interest rates bite -REINZ
WELLINGTON (Reuters) – New Zealand house prices fell in November on the prior month as rising interest rates, access to finance and concerns around the …
Air New Zealand raises first half profit outlook on travel demand
(Reuters) – Air New Zealand Ltd on Thursday increased its earnings forecast for the first half of fiscal 2023, helped by strong travel demand across …
Airlines forced to ration jet fuel in New Zealand, but limited impact seen
By Lewis Jackson SYDNEY (Reuters) -Key regional airlines said on Wednesday they expected to continue scheduled flights with New Zealand, which is beginning to ration …
New Zealand says self-identity enough for transgender athletes in community sport
(Reuters) – Transgender athletes will be able to participate in community sport in New Zealand in the gender they identify with and not need to …
New Zealand plans law to require Facebook, Google to pay for news
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government said it will introduce a law that will require big online digital companies such as …
New Zealand consumer confidence slips in November – ANZ-Roy Morgan
(Reuters) – Consumer confidence in New Zealand fell in November compared with the prior month amid soaring inflation, rising rates and falling house prices, ANZ-Roy …
New Zealand house prices forecast to drop 18% from peak: Reuters Poll
By Vivek Mishra BENGALURU (Reuters) – New Zealand’s house prices are forecast to fall more than previously thought this year and next with a peak-to-trough …
New Zealand well-placed to weather tough 2023 – finance minister
By Lewis Jackson SYDNEY (Reuters) -New Zealand Finance Minister Grant Robertson said the world economy faced a “year of reckoning” in 2023 but the small …
New Zealand central bank can get inflation under control: RBNZ governor
By Lucy Craymer WELLINGTON (Reuters) – New Zealand central bank Governor Adrian Orr said on Thursday he was confident the central bank can get inflation …
RBNZ Governor Orr: New Zealand is relatively well positioned but inflation too high
By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s central bank governor, Adrian Orr, said on Thursday that while the country was relatively well positioned to meet …
Australia, New Zealand keep global rate hikes on upward swing
LONDON (Reuters) – Major central banks are determined to clamp down on red-hot inflation, with Australia and New Zealand delivering further interest rate hikes this …
Austria returns remains of 64 indigenous people to New Zealand
By Lucy Craymer WELLINGTON (Reuters) – The remains of around 64 indigenous New Zealanders that were stolen in the 19th century will officially be welcomed …
New Zealand finance minister sees inflation easing but no quick drop
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s finance minister Grant Robertson said on Tuesday that inflation is likely to moderate but it won’t be …
New Zealand introduces legislation to guarantee deposits
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s Finance Minister Grant Robertson said on Thursday that new legislation had been introduced to parliament that will …
Australia, New Zealand condemn Putin threats as “unthinkable”
SYDNEY/WELLINGTON (Reuters) – Australia and New Zealand condemned Russian President Vladimir Putin’s escalation of the war in Ukraine, saying his threats to use nuclear weapons …
New Zealand announces space policy review and new space strategy
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s government said on Monday it would be reviewing the country’s space policy and launching an aerospace strategy …
Boom turns to gloom as higher interest rates hit New Zealand housing- Reuters poll
By Vivek Mishra BENGALURU (Reuters) – New Zealand’s house prices are forecast to fall 10% this year and 5% next as aggressive interest rate hikes …
New Zealand building consents rise in July
WELLINGTON (Reuters) – The number of new dwelling consents approved in New Zealand rose a seasonally adjusted 5% in July compared with a 2.2% fall …
Rains pounding New Zealand ease, more people forced from their homes
(Reuters) – Torrential rains eased on Saturday in New Zealand’s northern and central regions after four days of downpours forced hundreds of people from their …
New Zealand central bank’s Orr does not expect recession
WELLINGTON (Reuters) – Reserve Bank of New Zealand Governor Adrian Orr said on Wednesday that while growth would slow he did not expect a recession, …
New Zealand manufacturing activity expands in July
WELLINGTON – Manufacturing activity in New Zealand expanded in July, but the manufacturing index remains short of its longterm average, a survey showed on Friday. …
Help wanted: New Zealand industries struggle to find workers
By Lucy Craymer WELLINGTON – New Zealand video game developer PikPok found a solution to prolonged difficulty in finding experienced workers: Colombia. The company, which …
New Zealand job market tight, adding pressure for central bank
By Lucy Craymer WELLINGTON – New Zealand’s jobless rate held just above historic lows while wage inflation hit a 14-year high, raising the prospect that …
New Zealand consumers, businesses gloomy, economic risks grow
By Lucy Craymer WELLINGTON – New Zealand is at growing risk of sliding into a recession in the second half of 2022, some economists said …
New Zealand business confidence slightly less gloomy
By Lucy Craymer WELLINGTON – New Zealand business sentiment improved slightly in July but remained gloomy in the face of intense inflation pressures, an ANZ …
Fresh COVID wave sweeps Asia, New Zealand warns of pressure on hospitals
By Lucy Craymer and Elaine Lies WELLINGTON/TOKYO – A new wave of coronavirus infections is rapidly spreading through Asia, prompting warnings for residents from New …
New Zealand announces free masks, tests as health system struggles with COVID
By Lucy Craymer WELLINGTON – The New Zealand government on Thursday announced free masks and rapid antigen tests as it tries to stem the spread …