Chinese demand for New Zealand goods more subdued than hoped – economist
China’s stuttering post-Covid recovery may dampen New Zealand export prospects with dairy and forestry exports treading water.
No confirmed opening date for Auckland’s new $1b motorway, despite local rumours
The Puhoi to Warkworth motorway is due to open soon, but Waka Kotahi insists it doesn’t know when. Cue another traffic jam this long weekend.
First piece of potentially NZ’s first offshore wind farm to be installed off Patea coast
A device that can measure wind speeds, waves and currents will be the first physical piece of offshore wind technology deployed in New Zealand.
South Island’s first supermarket-style self-serve foodbank to open
The new foodbank – operational later this month – will run a bit like a supermarket, where clients can pick and choose items with support from staff.
Markets wrap: Aviation dominates both on and off the sharemarket
Aviation news was the topic of the day, only some of it on the sharemarket as politics swirled around Auckland International Airport shares.
Green investment bank’s pool of capital now $700m after government cash injection
In a pre-Budget announcement, Climate Change Minister James Shaw said the government had nearly doubled the amount of money in its green investment bank.
Markets wrap: NZ dollar gains after weaker US inflation signals end to Fed hikes
The kiwi spiked higher after US inflation came in lower than expected, taking pressure off the Fed. Traders expect the Reserve Bank to push through one more hike this month.
Tourism industry endeavours to build back better for ‘new era’
More than 1500 travel delegates are in Christchurch for the country’s biggest tourism business event.
Unemployment rate holds steady at 3.4 per cent
The unemployment rate remained unchanged at 3.4 per cent in the first three months of the year, after solid job creation…
NZ-UK free trade agreement to come into force at end of May
“From day one New Zealand exporters will save approximately $37 million per year in tariff elimination alone,” PM Chris Hipkins says.