Find financial news and analysis across NZ and Australia.
22 results for “exports”
New Zealand exports climbed to a record $8.6 billion in April 2026, delivering a historic $1.9 billion trade surplus. Strong international demand for meat, gold, dairy, and crude oil offset rising global economic uncertainties.
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.
Australia has recorded its first trade deficit in goods and services since December 2017, driven by a surge in data centre equipment imports and high fuel costs. The March quarter current account deficit widened to A$27.1 billion, setting up a drag on upcoming GDP growth figures.
Minister for Resources Madeleine King has announced that Australia will not implement gas export controls for Q3 2026, citing near-full storage levels and industry assurances.
Australia's economic growth slowed sharply to 0.3% in the first quarter of 2026, missing market expectations. Extreme weather disruptions and weak consumer spending dragged on activity, posing a policy dilemma for the Reserve Bank of Australia.
While global volatility drags down the main NZX50 index, New Zealand's regional economies are staging a quiet recovery. Driven by strong primary sector returns and resilient local SMEs, the provinces are proving to be the real engine of the country's economic survival in 2026.
Air New Zealand is set to launch three new non-stop international routes from Christchurch to Singapore, Tokyo, and Perth starting in late 2026, supported by the return of its Boeing 787 fleet.
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.
Westpac New Zealand's June 2026 Consumer Update shows household spending has slowed sharply, with per-person retail card spending down by 0.3% in May, prompting forecasts of three RBNZ OCR hikes to combat persistent inflation.
Global market shifts overnight see WTI crude drop 3% and gold futures rise 0.9%, setting up a mixed trading session for ASX energy and gold shares on Friday, June 5, 2026.
Napier Port Holdings Limited has approved an on-market share buyback of approximately 312,000 shares to support employee ownership plans. The move follows strong half-year results, with revenue rising to $84.9 million.
The NZX50 index fell 0.6% on Friday to close out a difficult week, with the headline index down 1.8% over five days. While Fisher & Paykel Healthcare saw significant losses, Gentrack and Property for Industry recorded gains in a session marked by selective buying.
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 Australian Government is rolling out its $14.8 billion Strengthening Australia's Fuel Resilience Package to bolster long-term fuel security. However, consumers face immediate retail price rises as the temporary $2.5 billion fuel excise cut expires on June 30, 2026.
Sanford Limited (SAN.NZ) shares resumed trading following a $66 million block trade by Ngāi Tahu Investments. The transition of the 9.6% stake clears a major capital overhang amid solid financial performance and an updated consensus buy rating.
New Zealand's Budget 2026 will allocate $70.7 million over four years to the New Zealand Customs Service to boost domestic border security. This funding forms part of a larger $81.5 million package aimed at combatting organised crime and international drug smuggling.
Graincorp Ltd shares plummeted 13% to A$5.38 after the company reported a 52% drop in underlying NPAT for the first half of 2026. Despite the earnings contraction caused by global grain oversupply, the company has reaffirmed its full-year guidance.
J.P. Morgan Chase & Co. has disclosed a 5.14% stake in The a2 Milk Company, re-establishing its status as a substantial holder with 37.27 million shares. The move follows a period of stock price volatility and a recent infant formula recall in the United States.
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.