ISSUE
Friday, August 15, 2025
Volume 16 . Issue 72
It’s encouraging to see the progress New Zealand is making through the hard work of households and businesses up and down the country.
The economy continues to grow, jobs, wages, and household savings are increasing, and unemployment is coming down. Businesses are confident and hiring more staff, all of our regions are growing, and more New Zealanders are voting with their feet and either staying home or coming home.
We’re also continuing to see improved results from our public services in areas that really matter – such as lower crime, higher educational achievement, and more New Zealanders moving from welfare into work.
The National-led Government is playing its part, supporting businesses and households by responsibly managing the Government’s books and building a more competitive and productive economy.
There have been some pretty good indicators coming out recently. The economy grew 3.9 per cent in the year to June, the fastest growth in a decade. There were 72,000 extra jobs created in the year to September, and unemployment is down to 5.4 per cent, well ahead of Australia.
Cost of living increases are low – inflation was just 1 per cent in the past year. This is helping keep interest rates lower for longer.
Pay packets, on average, are ahead of inflation with hourly wages rising 2.3 per cent over the past year, and average weekly wages rising 1.8 per cent.
Other recent data shows New Zealand’s household savings rate – that is, the difference between what households spend, and what they earn or use to pay back debt – has been positive for five consecutive years. This is the first time that’s happened since the years 1989-1994.
The latest ANZ Regional Trends report shows all 14 regions recorded an increase in economic activity in the past year.
More and more Kiwis want to be part of our strongly growing economy here in New Zealand. We’ve reached a big milestone with net monthly migration from Australia to New Zealand being positive last month for the first time in 20 years.
To help get those Kiwis home the Government is holding a series of job fairs in major cities across Australia with the first in Perth last weekend, Sydney this weekend, and Melbourne and Brisbane early next year.
New Zealand is on track, growing, and the future is bright as New Zealanders and the Government work together to lift our country’s performance.
It’s encouraging to see the progress New Zealand is making through the hard work of households and businesses up and down the country.
The economy continues to grow, jobs, wages, and household savings are increasing, and unemployment is coming down. Businesses are confident and hiring more staff,...
It’s encouraging to see the progress New Zealand is making through the hard work of households and businesses up and down the country.
The economy continues to grow, jobs, wages, and household savings are increasing, and unemployment is coming down. Businesses are confident and hiring more staff, all of our regions are growing, and more New Zealanders are voting with their feet and either staying home or coming home.
We’re also continuing to see improved results from our public services in areas that really matter – such as lower crime, higher educational achievement, and more New Zealanders moving from welfare into work.
The National-led Government is playing its part, supporting businesses and households by responsibly managing the Government’s books and building a more competitive and productive economy.
There have been some pretty good indicators coming out recently. The economy grew 3.9 per cent in the year to June, the fastest growth in a decade. There were 72,000 extra jobs created in the year to September, and unemployment is down to 5.4 per cent, well ahead of Australia.
Cost of living increases are low – inflation was just 1 per cent in the past year. This is helping keep interest rates lower for longer.
Pay packets, on average, are ahead of inflation with hourly wages rising 2.3 per cent over the past year, and average weekly wages rising 1.8 per cent.
Other recent data shows New Zealand’s household savings rate – that is, the difference between what households spend, and what they earn or use to pay back debt – has been positive for five consecutive years. This is the first time that’s happened since the years 1989-1994.
The latest ANZ Regional Trends report shows all 14 regions recorded an increase in economic activity in the past year.
More and more Kiwis want to be part of our strongly growing economy here in New Zealand. We’ve reached a big milestone with net monthly migration from Australia to New Zealand being positive last month for the first time in 20 years.
To help get those Kiwis home the Government is holding a series of job fairs in major cities across Australia with the first in Perth last weekend, Sydney this weekend, and Melbourne and Brisbane early next year.
New Zealand is on track, growing, and the future is bright as New Zealanders and the Government work together to lift our country’s performance.
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