2026 May Bring a Modest House Price Increase

After three years of flat movement, national house prices are expected to finish 2025 only slightly higher. But 2026 may finally bring a change of pace, with analysts predicting a modest rise of about 4 per cent nationwide. For the average Kiwi, this means the market is unlikely to surge.…

Trump’s Tariffs Push U.S. Beef Prices Higher

The United States, one of the world’s largest consumers of imported beef, has imposed steep levies on meat from Brazil, Australia, New Zealand, and Uruguay. The move is driving costs higher for U.S. consumers and global markets. New Zealand’s beef industry has long relied on strong demand from the U.S.,…

Labour Revives Capital Gains Tax Proposal

The plan marks a significant policy shift and a return to one of the most politically charged tax issues in the country’s modern history. Under the proposal, profits from the sale of investment and commercial properties would be taxed at 28 percent, with the policy explicitly non-retrospective. Revenue from the…

Inflation to Edge Above 3 per cent as Costs Rise

For tax professionals and business leaders, these figures point to potential implications for pricing strategies, cash flow management, and fiscal planning as the Reserve Bank monitors inflationary trends closely. According to the latest figures from Stats NZ, food prices dipped 0.4 per cent in September compared with August, moderating the…

Households ‘Under Siege’, BNZ Economist Says

The July figures reveal that seasonally adjusted sales numbers fell nationally, while the House Price Index (HPI) slipped 0.4 per cent from June. However, it remained 0.1 per cent higher than the same time last year. Auckland’s housing market underperformed the national trend, with the HPI down 1.8 per cent…

NZ Exporters Brace as 15 Per Cent US Tariff Hits

The tariff hike marks a significant escalation from the previous 10 per cent rate and has sparked concerns among New Zealand officials and businesses alike. The new tariff is part of a sweeping policy initiative introduced by Trump, targeting countries that have yet to reach a trade agreement with the…

New Zealand Set to Shake Up Surcharge Rules

The change will prohibit additional charges for transactions made using domestic Visa, Mastercard, and EFTPOS cards. The Government plans to introduce the Retail Payment System (Ban on Surcharges) Amendment Bill by the end of 2025. The ban will mark a major shift in the way payments are processed in the…

Can Council Rates Keep Rising Like They Have?

ANZ economists, in their latest property market update, have identified council rates as a major component of rising homeownership costs, alongside insurance premiums and interest expenses. While interest rates have begun to ease and other ownership costs like insurance and maintenance have levelled off, council rates have continued to climb…

Commerce Commission to Lower Card Surcharges

This move is expected to deliver significant savings for small and medium enterprises across the country, particularly those in the retail and hospitality sectors. Interchange fees are a key cost for businesses when processing card transactions, especially for credit and international cards. These charges are often passed on to consumers…

The Rise of Underemployment in New Zealand

A deeper problem lies beneath the surface, many New Zealanders are no longer able to find full-time work and are instead patching together multiple part-time roles to stay afloat. In the March quarter, full-time employment dropped by 45,000 positions, while part-time jobs saw an increase of 25,000 compared to the…