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New Zealand red meat exports hit a record in April however ongoing volatility in China indicates head winds in the coming months, says the Meat Industry Association (MIA). New Zealand exported products worth $999.6 million during the month of April, up 16 per cent on April 2021 with the value of overall exports increasing to […]
Diplomats from 37 countries visited the Bay of Plenty last week for an event that showcased the economic assets and opportunities in the region. The delegation of foreign ambassadors, the largest to visit New Zealand in recent years, toured key organisations in the horticulture, education, agri-tech and marine biotechnology sectors. Their itinerary included a stop […]
A draft Masterplan that sets out Nelson City Council’s plans to transform Nelson Marina into a modern boating hub and place for everyone in our community to enjoy, goes out for public consultation on 20 June. Proposed Marina Centre dedicated to marine sales and service-related businesses The Draft Marina Masterplan, recommended to go out […]
The prime minister of New Zealand, Jacinda Ardern, leaves for a trade mission to the United States today. Her itinerary includes a keynote speech at Harvard’s commencement ceremony, tourism and trade meetings, and a second appearance on the Late Show with Stephen Colbert. Ardern will also meet with the United Nations Secretary-General, Antonio Guterres, and […]
Economy up 3 percent in the final quarter of 2021 – Stats NZ The economy rebounded at the end of last year as consumer spending picked up after Covid lockdowns were eased. Stats NZ data showed gross domestic product (GDP) rose a seasonally adjusted 3.0 percent in the three months ended December, slightly below expectations, […]
The Port of Napier, already one of New Zealand’s busiest container ports is scheduled to receive over 40 ships over the next two weeks. The Port is currently undergoing an expansion which will see increased birthing capacity. The Port is a major contributor to the Hawke’s Bay economy and a significant employer. Hawke’s Bay is […]
Construction in Ōpōtiki of one of the largest pieces of non-roading infrastructure seen in New Zealand in decades has now reached the halfway mark, with the Bay of Plenty town’s Mayor, Lyn Riesterer, describing progress as “outstanding.” The $100 million redevelopment will re-establish the Ōpōtiki harbour, build two training walls and open a new harbour […]
Fast-track consenting made available for Provincial Growth Fund projects could see work start on a $29.4 million marina in Whakatāne mid-year. Funding of $19.6 million has been provided by the Regional Economic Development & Investment Unit to build the boat harbour, and $9.8 million is to be contributed by Whakatāne District Council, with Te Rāhui […]
The upgraded New Zealand – China Free Trade Agreement enters into force on Thursday the 7th of April. The FTA Upgrade delivers improved access for New Zealand industries, including the wood and dairy sectors: tariff-free entry for about 99% of New Zealand’s nearly NZ$3b wood and paper trade to China, and all New Zealand dairy […]
There is concern New Zealand’s pandemic-driven brain gain of skilled workers is turning into a “brain drain” as young people head overseas. Provisional migration figures from Stats NZ show there have been more people leaving the country year-on-year than arriving each month since April 2021. Comparatively high cost of living coupled with lower wages, alongside […]
