#new-zealand-economy

#new-zealand-economy

Canada's economy added a modest 14,000 jobs in March, following major job losses during the first two months of the year, with the unemployment rate unchanged at 6.7 percent.

The strongest El Niño signal still looks more likely later in 2026 than at winter's opening, so June behaves more like a bridge month than a fully mature event.

Cyclone Vaianu is forecast to bring heavy rain and winds of up to 130 km/h, with authorities warning of potential coastal flooding and landslides.

The latest figures show 58% of eligible 18- to 24-year-olds have registered for the Maori roll, up from 50% in 2023. This increase follows years of tense relations between Indigenous New Zealanders and the centre-right coalition government.

Weak performance in several service sectors offset gains in retail and wholesale trade, reinforcing concerns about the pace of economic recovery. Japan relies heavily on oil imports from the Middle East, making it particularly sensitive to disruptions in the region.

This golden strip of sand, fringed by turquoise waters, is part of the popular Abel Tasman National Park on Tasman Bay (also known as Te Tai-o-Aorere) at the top of the South Island. Awaroa Beach is nothing if not beloved. So much so that in 2016, almost 40,000 Kiwis banded together to buy the beach from a private entity for more than $2 million and donated it to New Zealand's Department of Conservation.

The tensions between the United States and Iran have pushed oil prices higher, raising fears of energy-driven inflation, which helped support both the dollar and Treasury yields. The 10-year yield has climbed to its highest level in roughly two weeks.

A focused Sunday-through-Tuesday storm brings the only meaningful snowfall window, with the best accumulation in Canterbury and lighter spillover elsewhere. Guidance supports a regional high-elevation refresh around 20 cm-30 cm at the top end, while most other fields stay in a modest 1 cm-6 cm range. Expect mostly dense to moderate snow quality during the core burst.

Australia and the EU are on the brink of striking a long sought after free trade agreement, with both sides talking up significant progress during talks in Brussels overnight. Ahead of a planned visit to Australia by European Commission president Ursula von der Leyen, due within months, a joint statement issued after the latest talks attended by the trade minister, Don Farrell, signalled major progress. The two sides said they had been able to converge on key differences which have dogged the deal for years.

A deep area of low pressure to the south-east of New Zealand's North Island swept into the region on Sunday, bringing heavy rain, gale-force winds and dangerous coastal swells that lashed exposed shorelines. The storm triggered power outages, forced evacuations and damaged infrastructure, with further impacts likely on Monday as the system lingers for a time, before tracking southwards later.

Canada's economy could gain nearly seven per cent, or $210 billion, in real GDP by fully removing internal trade barriers between the country's 13 provinces and territories, according to a report published Tuesday by the International Monetary Fund (IMF). On average, the barriers are the equivalent of a nine per cent tariff nationally, estimates the report, which was co-authored by IMF researchers Federico J. Diez and Yuanchen Yang with contributions from University of Calgary economist Trevor Tombe.

The resilience of gold above $4,800 per ounce at this stage reflects a delicate and complex balance between traditional supporting factors and emerging pressures-one that cannot be superficially interpreted or reduced to the movement of the dollar alone. It is true that the U.S. dollar's retreat from its recent peaks, after failing to sustain its recovery momentum from a four-year low, provided gold with a short-term breather and attracted some buyers.

U.S. financial markets ended the week on a cautious note as investors weighed strong employment data against growing concerns about the impact of artificial intelligence on traditional business models. Major stock indexes declined, led by technology-heavy shares, reflecting worries that rapid AI developments may disrupt established industries and earnings outlooks. The Nasdaq Composite recorded the steepest losses, while the S&P 500 and Dow Jones Industrial Average also finished lower. Value-oriented stocks continued to outperform growth stocks, extending a trend that has persisted for several weeks.

I spent six weeks traveling solo across New Zealand from Auckland down to Queenstown. Despite being a seasoned traveler, I still made mistakes like staying in the wrong city too long. I should've booked fewer excursions and looked up where to sit for better views on my bus routes. Even after traveling the world solo for 10 years, I still make mistakes when visiting new destinations.

Markets were closed on Monday for Martin Luther King Jr. Day, compressing the week's activity into four sessions. Early in the week, stocks fell sharply after renewed concerns about a potential global trade conflict. Investor sentiment weakened following comments from President Donald Trump about imposing tariffs on certain European nations in connection with negotiations over Greenland. However, midweek optimism returned when the president signalled a softer stance and postponed the planned tariffs.

The warning comes from the National Institute of Economic and Social Research (NIESR), which said a zero net migration policy would shrink the economy by 3.6 per cent by 2040 and reduce the workforce by around 2.5 million people compared with current forecasts. The result, it argues, would be a £37bn deterioration in the public finances unless offset by higher taxes or cuts to public spending.

One minute you are riding the perfect wave, the next you're being dumped from a great height and having your world tipped upside down. Which is essentially how Razor will now be feeling after being ousted as All Blacks head coach barely two years into his tenure. On the surface he was everything New Zealand rugby could have wished for. The serial domestic winner who had guided the Crusaders to seven successive Super rugby titles, the empathetic everyman with the break-dancing skills to match.