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 fall as credit conditions hurt -REINZ
WELLINGTON – New Zealand’s house prices fell in May as tighter credit conditions, higher mortgage rates and increased housing supply affected the market, the Real Estate Institute of New Zealand (REINZ) said…
New Zealand central bank says liquidity policy review receives support
(Reuters) – The Reserve Bank of New Zealand said on Tuesday that the first stage of the central bank’s review on its liquidity policy had received broad support. The purpose of the…
New Zealand food prices rise in May
WELLINGTON, June 14 – New Zealand food prices rose 0.7 percent in May, data from Statistics New Zealand showed on Tuesday, while the index rose 6.8 percent from the same month last…
New Zealand, U.S. reiterate concern over China-Solomon Islands security deal
WASHINGTON – U.S. President Joe Biden and New Zealand Prime Minister Jacinda Ardern on Tuesday raised concerns about a security agreement between China and the Solomon Islands, the White House said. “The…
New Zealand aims to boost competition in supermarket sector
By Lucy Craymer WELLINGTON – New Zealand wants to introduce a number of changes to the supermarket sector as two dominate players has raised concerns about competition, its commerce minister said on…
New Zealand house prices to sink 9.0% this year, another 2% in 2023: Reuters poll
By Vivek Mishra BENGALURU – New Zealand’s house prices are forecast to sink 9.0% this year as aggressive interest rate hikes take some heat out of the blazing housing market amid a…
New Zealand leader urges U.S. to return to regional trade pact
By David Brunnstrom WASHINGTON – New Zealand Prime Minister Jacinda Ardern said on Wednesday the United States should return to a regional trade pact it quit in 2017 if it wanted to…
New Zealand PM Ardern to visit U.S. to boost exports, lure tourists
(Reuters) – New Zealand Prime Minister Jacinda Ardern will visit the United States this week in a bid to boost exports and lure more tourists as the Pacific nation looks to fully…
New Zealand central bank to hike cash rate by another half point on May 25: Reuters poll
By Vivek Mishra BENGALURU – New Zealand’s central bank will hike its policy interest rate by half a percentage point to counter soaring inflation when it meets on May 25, making a…
New Zealand Prime Minister Jacinda Ardern tests positive for COVID
(Reuters) – New Zealand Prime Minister Jacinda Ardern tested positive for COVID-19 with moderate symptoms, her office said in a statement on Saturday. She will not be in parliament for the government’s…
Air New Zealand to centralise Auckland ops, eyes 20% cost-cut over 15 years
(Reuters) – Air New Zealand Ltd will centralise operations in Auckland and move its workforce in the city to a refurbished airport campus, the airline said on Wednesday, adding that the decision…
Two Murfreesboro Men Charged In Conspiracy To Ship Massive Quantities Of Methamphetamine To New Zealand
NASHVILLE – A federal indictment unsealed yesterday, charges two Murfreesboro, Tennessee, men with conspiracy to distribute and possess with intent to distribute 50 grams or more of methamphetamine, and possession and distribution…
New Zealand imposes new sanctions on Russian banks
WELLINGTON – New Zealand unveiled new sanctions on Tuesday targeting Russia’s largest banks and financial institutions, in its response to the invasion of Ukraine. “We are deeply concerned at the reports of…
New Zealand should spend cautiously, fiscal rules expected – Finance Minister
By Lucy Craymer WELLINGTON – New Zealand’s finance minister said on Tuesday the government should continue to be careful about spending and flagged the introduction of new fiscal rules in the budget…
New Zealand manufacturing improves a touch in March
WELLINGTON – Manufacturing activity in New Zealand in March improved a tad due to strong new orders and positive employment, a survey showed on Thursday. The Bank of New Zealand-Business NZ’s seasonally…
New Zealand house prices fall as interest rates and inflation weigh
WELLINGTON – Tighter lending criteria and rising interest rates, coupled with inflation, continue to weigh on house prices and sales activity in New Zealand, the Real Estate Institute of New Zealand (REINZ)…
New Zealand business confidence worsens as COVID continues to impact
By Lucy Craymer WELLINGTON -New Zealand business confidence and demand worsened in the first quarter of this year due to the ongoing damage the COVID-19 outbreak is having on the economy, a…
Citi names M&A specialists to lead Australia, New Zealand advisory unit
(Reuters) – Citigroup Inc on Monday named Tony Osmond as chair of its Banking, Capital Markets and Advisory (BCMA) unit in Australia and New Zealand, and Alex Cartel to be the unit’s…
New Zealand returns to growth in Q4 as COVID restrictions ease
By Lucy Craymer WELLINGTON – New Zealand’s gross domestic product (GDP) returned to growth in the final quarter of 2021 as the economy emerged from COVID-19 lockdowns, and economists said the data…
U.S. CDC urges Americans to avoid travel to Hong Kong, New Zealand
By David Shepardson WASHINGTON -The Centers for Disease Control and Prevention (CDC) on Monday urged Americans to avoid travel to Hong Kong, New Zealand and Thailand over COVID-19 cases. The CDC elevated…
New Zealand retail sales rise in Q4 2021
WELLINGTON – New Zealand retail sales volumes rose a seasonally adjusted 8.6% in the fourth quarter of 2021, data from Statistics New Zealand showed on Friday, compared to a drop of 8.1%…
Marketmind: Another rate hike from New Zealand
A look at the day ahead in markets from Dhara Ranasinghe. The Ukraine crisis may be tempering the most aggressive rate hike bets but New Zealand’s latest interest rate rise suggests central…
New Zealand homes sales and prices ease in January
WELLINGTON – Compounding factors are influencing a decrease in house prices and sales activity in New Zealand, the Real Estate Institute of New Zealand (REINZ) said on Tuesday. Median nationwide house values…
New Zealand manufacturing activity dips in January
WELLINGTON – New Zealand’s manufacturing sector saw a reduction in the level of expansion in the first month of 2022, a survey showed on Friday. The Bank of New Zealand-Business NZ’s seasonally…
New Zealand reports record 243 new COVID cases
– New Zealand reported a record 243 new COVID-19 community cases on Saturday, as officials warned more cases of the highly transmissible Omicron variant are expected but urged people in the highly…
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