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Archives: News

Explore our coverage of New Zealand and World politics, economics, business and culture.

timber frame house under construction, new zealand

Construction costs hit 13-year low: Is now the best time to build a home?

The cost of building a house in New Zealand has reached its lowest rate of growth since 2012. According to...

By Liam Foster | 09 Apr 2025 | 3 min read
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Reserve Bank sets OCR to 3.50%

The Reserve Bank of New Zealand (RBNZ) slashes the Official Cash Rate (OCR) by 25 basis points, from 3.75% in...

By Leenah-Leen Arandia | 09 Apr 2025 | 2 min read
lecture theatre

NZ’s international student boom signals full recovery this year

New Zealand’s international education sector is surging back to pre-pandemic strength, with enrolments climbing steadily and outpacing expectations. With over...

By Liam Foster | 09 Apr 2025 | 3 min read
tech rout intensifies as trade deal optimism fizzles

Tech rout intensifies as trade deal optimism fizzles

Technology shares surrendered early advances on Tuesday as fading hopes for tariff relief triggered a market retreat. The Nasdaq Composite,...

By Mike Jerome Infante | 09 Apr 2025 | 2 min read
house market

Housing market faces oversupply, Trade Me says

Property website Trade Me Property reports signs the housing market has a large oversupply of unsold homes. Trade Me said the...

By Leenah-Leen Arandia | 09 Apr 2025 | 2 min read
asia pacific markets brace for sharp declines as us tariffs take effect

Asia-Pacific markets brace for sharp declines as US tariffs take effect

Equities in Asia-Pacific appeared set for declines on Wednesday, with investors reacting to the imminent activation of country-specific tariffs by...

By Mike Jerome Infante | 09 Apr 2025 | 3 min read
christian hawkesby

Christian Hawkesby named Reserve Bank governor for six months

Finance Minister Nicola Willis has appointed Christian Hawkesby, the acting Reserve Bank governor, as governor for a six-month term. “I am...

By Leenah-Leen Arandia | 09 Apr 2025 | 2 min read
youtubeshorts

YouTube empowers creators with enhanced Shorts features and tools

YouTube is launching a suite of new features aimed at making Shorts creation faster and more user-friendly. The updates, now...

By Nicole Valdez | 08 Apr 2025 | 4 min read
antibiotics

Tulane researchers launch new antibiotic resistance detection model

Tulane University researchers have made a huge breakthrough in detecting antibiotic resistance. Their new model, the Group Association Model (GAM),...

By Nicole Valdez | 08 Apr 2025 | 3 min read
nznature

The ‘Our Environment’ 2025 report highlights progress and threats in NZ

The Ministry for the Environment and Stats NZ’s latest report, published in April, reflects both progress and ongoing environmental concerns...

By Nicole Valdez | 08 Apr 2025 | 4 min read
amazon’s nova reel expands ai video capabilities

Amazon’s Nova Reel expands AI video capabilities

Amazon has advanced its generative video capabilities with the latest iteration of Nova Reel, an artificial intelligence model now capable...

By Mike Jerome Infante | 08 Apr 2025 | 2 min read
liquor

Tauranga establishments lose liquor licences after repeated breaches

The Welcome Bay Sports Bar and Grill and its attached Welcome Bay Super Liquor bottle store have had their alcohol-selling...

By Leenah-Leen Arandia | 08 Apr 2025 | 2 min read
nicola willis screenshot

NZ holds firm on budget plan as U.S. tariffs rattle global trade

As global markets reel from a new wave of U.S. tariffs, the New Zealand government is refusing to budge from...

By Liam Foster | 08 Apr 2025 | 4 min read
shopify ceo mandates ai integration before team expansion

Shopify CEO mandates AI integration before team expansion

In an organisational overhaul, Shopify has mandated artificial intelligence adoption as a core operational requirement, with CEO Tobi Lütke emphasising...

By Mike Jerome Infante | 08 Apr 2025 | 2 min read
oil prices hit multi year lows amid tariff fears

Oil prices hit multi-year lows amid tariff fears

Global oil prices have taken a hit as U.S. crude fell below $60 per barrel for the first time in...

By Mike Jerome Infante | 08 Apr 2025 | 3 min read
wellington airport

Wellington Airport opens new eastern-side car park

Travellers gained improved parking access today as Wellington Airport officially launched its new eastern-side car park, adding over 800 vehicle...

By Leenah-Leen Arandia | 08 Apr 2025 | 2 min read