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

nz employment confidence lagging behind australia, report says

NZ employment confidence lagging behind Australia, report says

As New Zealand enters 2025, employment continues to become more challenging, with Kiwi employment confidence currently trailing behind Australia.  Robert Walters,...

By Leenah-Leen Arandia | 21 Jan 2025 | 2 min read
business liquidations in new zealand reach 10 year high

Business liquidations in New Zealand reach 10-year high

Business liquidations in New Zealand have reached a 10-year high, with 2,500 companies shutting down in 2024, the highest annual...

By Leenah-Leen Arandia | 21 Jan 2025 | 2 min read

CIM expands with Bluestone NZ loan purchase

Challenger Investment Management (CIM), a Sydney-based alternative credit provider, has strengthened its foothold in New Zealand’s residential mortgage market through...

By Nicole Valdez | 20 Jan 2025 | 3 min read

NZ insurance market faces climate risks and economic shifts

New Zealand’s commercial insurance market is changing direction, as highlighted in Gallagher New Zealand’s latest market update. The pace of...

By Nicole Valdez | 20 Jan 2025 | 3 min read
gdpreport

50% global GDP loss expected by 2090, IFoA warns

Global GDP could plummet by as much as 50% between 2070 and 2090 unless urgent steps are taken to combat...

By Nicole Valdez | 20 Jan 2025 | 3 min read
amazon becomes top corporate buyer of renewable energy

Amazon becomes top corporate buyer of renewable energy

Amazon's commitment to renewable energy has reached new heights as it solidifies its position as the largest corporate purchaser of...

By Mike Jerome Infante | 19 Jan 2025 | 3 min read
banks under pressure to meet new eu cybersecurity standards

Banks under pressure to meet new EU cybersecurity standards

New European Union regulations mandating banks to strengthen their cybersecurity measures officially took effect on Friday, but many financial service...

By Mike Jerome Infante | 18 Jan 2025 | 2 min read
lawmakers push for tiktok ban amid national security concerns

U.S. lawmakers push for TikTok ban amid national security concerns

The impending ban on TikTok, which has captivated 170 million users in the United States, could take effect this Sunday...

By Mike Jerome Infante | 18 Jan 2025 | 4 min read
electricity

Government considers electricity market intervention as prices soar

The New Zealand government is considering intervention in the national electricity market as power prices continue to climb, affecting businesses...

By Nicole Valdez | 18 Jan 2025 | 4 min read
keir starmer (1)

Keir Starmer’s £14 billion AI plan to enhance productivity and public services

The UK government has secured a £14 billion commitment from leading tech firms to fund the initiative, which Sir Keir...

By Nicole Valdez | 18 Jan 2025 | 3 min read
cybercrime

NZ SMEs grapple with rising cyberattacks

The pace of cybercrime in New Zealand is accelerating, with experts warning that 2025 could see even more sophisticated attacks....

By Nicole Valdez | 17 Jan 2025 | 3 min read
metapolicynew

Meta faces criticism over cuts to factcheckers and DEI programmes

The announcement by Meta to eliminate its fact-checking efforts and Diversity, Equity, and Inclusion (DEI) programmes has left employees in...

By Nicole Valdez | 17 Jan 2025 | 3 min read
butter (1)

Grocery prices rose by 2.7%, Stats NZ reveals

Grocery prices rose by 2.7%, the latest data release from Stats NZ has revealed. This rise is largely attributed to...

By Leenah-Leen Arandia | 17 Jan 2025 | 2 min read
nz economy braces for gradual recovery

Seymour’s regulatory standard’s bill: A long-awaited reform or an ideological pursuit?

This week was the deadline for public submissions on the Regulatory Standards Bill (RSB), and debate continues to ramp up...

By Liam Foster | 17 Jan 2025 | 5 min read
bp

BP announces global job cuts as part of cost-saving initiative

U.K.-based oil giant BP announced plans to eliminate 4,700 jobs globally as part of a significant cost-saving initiative. In addition...

By Leenah-Leen Arandia | 17 Jan 2025 | 2 min read
starbucksopendoorpolicy

Starbucks ends open-door policy with new safety-first store rules

Starbucks has rolled out a new set of store regulations in response to safety issues, marking the end of its...

By Nicole Valdez | 17 Jan 2025 | 3 min read