Business coverage from Canterbury New Zealand Wire.
New Zealand’s provisional election results have created considerable uncertainty, and may feel frustrating for many voters. But fortunately there are guidelines for the parties and for the process of government during this limbo period.
After 188 years, department store David Jones has been put into administration over unpaid rent at some of its 38 Australian and New Zealand stores, as well as long-term financial woes.
The Reserve Bank of Australia has raised the cash rate to 4.85% from 4.6% – its highest level since the global financial crisis in late 2008.
Norfolk Island is, legally speaking, part of Australia. But running a business in this remote Pacific territory, home to around 2,100 residents, can be very different from on the mainland.
Like many developed economies, New Zealand faces difficult choices about how to finance public spending. Among the various policies on offer ahead of next week’s general election are promises to raise the top income tax rate.
Recent estimates suggest illicit tobacco now accounts for between 50% and 60% of tobacco consumed in Australia. Rapid growth in the Australian illicit tobacco market raises concerns a similar situation could evolve in New Zealand.
It may be taking a back seat to cost-of-living pressures, unemployment and the state of the economy, but tax was always going to be a hot issue in this year’s election.
In his first 100 days in office, Andy Burnham has challenged the economic consensus shared by UK governments in recent decades and set up a prime ministerial office outside London with a remit to rewire the state and devolve power.
Russian hostile activity costs the UK at least £2 billion annually, according to a recent report by Scottish MP Graeme Downie, who has called on the government to measure what these actions cost Britain.
The fall of 2026 is a moment of energy centrality, when geopolitics unfolding far away shows up in Americans’ everyday lives.
For the White House, the midterm elections are always agony. They are always a referendum on the president.
Like many countries, New Zealand has an ageing population. Retirees are living longer while fertility rates have fallen. The number of workers relative to retirees will decline.