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 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 interest rates amid intense inflationary pressures, ANZ-Roy…
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 of property analysts who forecast a peak-to-trough…
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 to historical averages amid intense inflationary pressures,…
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 rate by 50 basis points on Wednesday,…
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 thousands remain without power after Cyclone Gabrielle…
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 downgrade the outlook for interest rate rises.…
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 and authorities worked to find missing people.…
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 small commercial plane alight when it landed…
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 signs the labour market is easing, adding…
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 some analysts to bet that cash rate…
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 a meeting on Sunday, Radio New Zealand…
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 COVID-19, though he acknowledges some mistakes in…
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 Thursday in which she said she “had…
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. The Bank of New Zealand-Business NZ’s seasonally…
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 to continued hesitancy in the market, the…
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 ministry said in a statement published on…
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 recession than most have forecast. The December…
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 the budget remained on target to move…
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 electric, green hydrogen and hybrid technologies. The…
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 economy contributed to continued hesitancy in 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 its domestic and international networks and a…
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 jet fuel after a recent shipment failed…
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 prove or justify their identity, according 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 Alphabet Inc’s Google and Meta Platforms Inc…
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 Morgan data showed on Friday. The consumer…
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