Find financial news and analysis across NZ and Australia.
7 results for “exports”
New Zealand achieved a merchandise trade surplus of NZD 0.70 billion in March 2026, a significant turnaround from the previous year's deficit. Record exports of NZD 7.9 billion were driven by strong demand for precious metals and fruit.
New Zealand business confidence plummeted to -10.6 in April 2026, a 43-point swing from March, as Middle East conflict and fuel supply disruptions trigger a sharp cost shock.
The NZX50 index rose 1.1% on Friday to close at 13,039.2, ending a two-week losing streak. While Ryman Healthcare and Fletcher Building led the rally, record-low consumer confidence and a stagnant housing market continue to signal underlying economic fragility.
The Albanese government will announce a A$10.7 billion fuel and fertiliser security package in the May 12 Budget, featuring a 1 billion litre fuel reserve and a A$5 billion tax relief scheme for businesses.
Australia's 2026 economic outlook remains cautious, with the IMF projecting 2.0% GDP growth and inflation hitting 4.0%. As the RBA prepares for further rate hikes, consumer sentiment has fallen to near-record lows.
The ASX 200 ended its longest losing streak since 2018 on May 1, 2026, rising 0.74% to 8,729.80 points as BHP and Rio Tinto led a materials sector recovery.
The Reserve Bank of New Zealand held the OCR at 2.25% in April 2026 as annual inflation remained stuck at 3.1%. Rising electricity and fuel costs, exacerbated by Middle East tensions, have prompted a sharp upward revision of short-term inflation forecasts.