The annual statement you receive from your provider includes an estimate of how much you might have saved by age 65 and what that could mean in weekly income. But these figures are based on conservative assumptions set by the government. The assumptions were made on many funds that have…

The latest data, covering the four months to October, indicates that fiscal pressures are building ahead of the upcoming Half Year Economic and Fiscal Update, due on 16 December. The operating deficit before gains and losses, excluding ACC, reached $4.9 billion for the period—around $700 million higher than projected in…

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.…

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.,…

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…

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…

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…

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…

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…

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…