Articles tagged with Stats Nz
Strong Q3 Economic Growth Boosts Confidence Ahead of Christmas, Says Finance Minister
1 week ago | 100 viewsFinance Minister Nicola Willis welcomed the strong 1.1% economic growth in the third quarter, driven by 14 of 16 sectors, signaling a positive turnaround after challenging years. Key job-rich sectors like manufacturing, construction, and business services showed significant growth, alongside increases in exports and investment, indicating promising future job prospects and higher incomes. With GDP per capita rising 0.9% and forecasts predicting accelerated growth and lower unemployment next year, the government’s strategy to strengthen the economy appears effective.
Tags: economy growth Nicola Willis Finance Minister Stats NZ Treasury Reserve Bank manufacturing sector construction business services GDP per capitaNew Zealand Tourism Soars: Record International Visitor Arrivals in 2025
1 month ago | 306 viewsTourism Minister Louise Upston is pleased with the growth in New Zealand's overseas visitor numbers, particularly from Australia, which saw a 12% increase in arrivals in September 2025 compared to the previous year. Overall, New Zealand welcomed 248,600 international visitors in September 2025, with significant increases also seen from the United States, United Kingdom, and Japan. The government's efforts to attract more international visitors and boost the tourism industry are reflected in the record-high arrivals in Queenstown and Christchurch, as well as the initiatives such as the Tourism Boost package and the $70 million events and tourism investment package.
Tags: Louise Upston Tourism Minister Australia New Zealand Overseas visitors Stats NZ International visitors Tourism industry Everyone Must Go campaignNew Zealand Labour Market Update: Government's Economic Rebuilding Efforts Highlighted
1 month ago | 237 viewsLabour market statistics released today show a slight increase in unemployment to 5.3% in the September quarter, aligning with forecasts. The Finance Minister emphasizes the government's commitment to rebuilding the economy and creating more job opportunities for New Zealanders. Efforts include reducing taxes, boosting investments, and supporting businesses to drive economic recovery and job growth.
Tags: Labour market statistics Government Economy Job opportunities Kiwis Finance Minister Nicola Willis Stats NZ Unemployment New ZealandersFinance Minister Pleased with Inflation Remaining in Reserve Bank's Target Range
2 months ago | 255 viewsActing Finance Minister Chris Bishop welcomes latest figures showing inflation within Reserve Bank's target range, with annual CPI inflation rising from 2.7% to 3% in the year to September 2025. Expectations are for inflation to decline towards 2% in the first half of next year, easing pressure on households and businesses. Top contributors to the annual increase were electricity (up 11.3%) and local authority rates and payments (up 8.8%), emphasizing the need for increased electricity supply and competition and the impact of local government rates on New Zealanders' finances.
Tags: Chris Bishop Stats NZ Reserve Bank inflation CPI government households businesses electricity local authorityNew Zealand's Gender Pay Gap Shrinks to 5.2% - Historic Low
4 months ago | 442 viewsNew Zealand's gender pay gap decreased from 8.2% to 5.2% in the June 2025 quarter, the lowest since data collection began in 1998, as reported by Stats NZ. Minister for Women, Nicola Grigg, hailed the improvement as positive news for women in the country. The government is dedicated to economic growth, with efforts to reduce pay gaps, increase wages, and create more job opportunities, though challenges persist in addressing ethnic pay gaps.
Tags: New Zealand gender pay gap Stats NZ Nicola Grigg Minister for Women wages inflation interest rates economic empowerment ethnic groupsFinance Minister Nicola Willis Reacts to Lower Than Forecast Unemployment Rates
4 months ago | 663 viewsFinance Minister Nicola Willis has acknowledged the latest labour market data, revealing a lower-than-expected unemployment rate of 5.2% for the June quarter, below the Treasury's forecast of 5.4%. Despite challenges like inflation and rising interest rates, the government's efforts have led to 8,000 fewer unemployed individuals than initially projected, with a focus on economic recovery and job creation through initiatives like government-funded construction projects and investment incentives. Additionally, there has been a notable increase in average hourly earnings by 4.5% in the past year, surpassing the inflation rate of 2.7%.
Tags: labour market unemployment Finance Minister Nicola Willis Stats NZ Treasury forecast economic management inflation interest rates job creationFinance Minister Nicola Willis: Inflation Under Control as Govt Focuses on Economic Growth
5 months ago | 916 viewsNew data released by Stats NZ today shows inflation at 2.7 per cent for the 12 months to the June 2025 quarter, remaining within the Reserve Bank's target range, according to Finance Minister Nicola Willis. This marks the fourth consecutive quarter of inflation being within the target range, contrasting with previous higher rates under the previous government. Local authority rates and payments were noted as the largest contributor to annual inflation, prompting the government to call for better management to keep rates under control and ensure economic growth for job creation and public services funding.
Tags: inflation Finance Minister Nicola Willis Stats NZ Consumers Price Index Reserve Bank New Zealanders council rates local authority rates economic growth New ZealandEconomic surprise great news for Kiwis
6 months ago | 1490 viewsToday’s surprise economic result is great news for workers, families and businesses, Finance Minister Nicola Willis said today. “Stats NZ reported today that the economy grew 0. 8 per cent in the first three months of the year, twice the rate forecast by the Treasury and the Reserve Bank a short time ago.
Tags: New zealand Nicola willis Reserve bank Stats nz TreasurySharpened focus on quality economic, population stats
6 months ago | 1061 viewsStatistics Minister Dr Shane Reti has today announced a major new direction for Stats NZ, replacing the traditional paper-based census and increasing the frequency and quality of economic data to underpin the Government’s growth agenda. From 2030, New Zealand will move away from a traditional nationwide census and adopt a new approach using administrative data, supported by a smaller annual survey and targeted data collection. “This approach will save time and money while delivering more timely insights into New Zealand’s population,” says Dr Reti.
Tags: Consumers Government New zealand Reserve bank Shane reti Stats nz Zealand