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 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 slump of 18% as aggressive interest rate…
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 island nation is well-placed to fend off…
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 under control as the country battles a…
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 challenges inflation remains too high. Orr added…
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 week. A smaller-than-anticipated rate hike in Australia…
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 home on Sunday following more than 70…
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 a quick drop back to the levels…
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 establish a formal scheme to protect depositors…
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 to defend Russia were “unthinkable” and exposed…
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 as part of an effort to grow…
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 take some heat out of a blazing…
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 in the previous month, official data showed…
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 homes, although there were 100 new evacuations…
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, adding that the central bank believed it…
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. The Bank of New Zealand-Business NZ’s seasonally…
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 is behind such mobile game apps as…
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 the central bank might have to increase…
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 on Friday, as consumers and businesses fret…
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 Bank survey showed on Thursday. The survey’s…
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 Zealand to Japan to take precautions to…
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 of COVID-19 and relieve pressure on the…
As New Zealand reopens, exodus worsens labour crunch
By Lucy Craymer WELLINGTON – New Zealand’s easing of its strict border curbs has triggered a rush of new departures among locals seeking fresh opportunities abroad, adding further pressure to the country’s…
New Zealand dairy and meat farmers disappointed in EU trade deal
By Lucy Craymer WELLINGTON – New Zealand dairy, sheep and beef farmers are largely disappointed by the newly signed New Zealand-European Union free trade agreement, lamenting it provides little new access to…
New Zealand building consents fall in May
WELLINGTON, July 1 – The number of new dwelling consents approved in New Zealand fell a seasonally adjusted 0.5 percent in May compared with a 8.6 percent drop in the previous month,…
New Zealand business sentiment continues to weaken as supply issues dominate
WELLINGTON – New Zealand business sentiment fell again in June as supply-side issues continue to dominate the list of firms’ biggest problems, consistent with inflation pressures that are still intense, an ANZ…
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