New Zealand Announces Ambitious Plan for 100% Renewable electricity generation by 2035 New Zealand has set its sights on a remarkable goal, aiming to increase its renewable energy capacity to 100% by the year 2035. This ambitious endeavor has captured the attention of the domestic steel industry and is swiftly gaining international acclaim for its efforts to expand green energy. The government's..

New Opportunities in Commercial Real Estate Markets of New Zealand and Australia The commercial real estate (CRE) lending markets in New Zealand and Australia are experiencing growth, highlighting alternative investment opportunities. Over the past decade, the CRE lending market of major banks has grown at an average annual rate of 3.8%, while the alternative investment sector has surged at an i..

New Zealand Housing Market Resurges Alongside Election Results New Zealand, October 26, 2023 - In recent times, the New Zealand housing market has been experiencing a resurgence, closely tied to the outcomes of the recent general election. As a result, there is a growing interest in real estate sales and purchases across the country. Gavin Lloyd, a real estate sales director at TradeMe, has anal..

KiwiSaver underperforming compared to Aussie counterpart According to a recent report by KiwiSaver, there are notable disparities in performance when comparing the New Zealand-based retirement savings system to the Australian Superannuation system. KiwiSaver, a unique New Zealand institution, has been shown to underperform in comparison to Australia's Super system. A recent exclusive report by O..

New Zealand's ANZ Bank to Increase Home Loan Rates Ahead of RBNZ OCR Review Wellington, October 25, 2023 - One of New Zealand's largest banks, ANZ, has announced measures to raise home loan rates in anticipation of the upcoming review of the Official Cash Rate (OCR) by the Reserve Bank of New Zealand (RBNZ). On the afternoon of October 24, ANZ Bank revealed plans to increase home mortgage rates ..

Far North, Karikari Beach Sand Dunes: Escalating Land Ownership and Maori Tribe Dispute In the northern reaches of Far North, tensions are on the rise as a dispute between landowners and local Maori tribes intensifies over access to the sand dunes of Karikari Beach. The subtribes of the Ngāti Kahu Maori tribe, Whānau Moana and Te Rorohuri, have initiated this conflict by occupying Whatuwhiwhi Ro..

New Zealand Faces Decrease in Chinese Exports New Zealand's exports to China, which had reached a substantial annual value of $19.7 billion until September, are showing a recent decline. According to the latest trade trends data from the Statistics Bureau, New Zealand's exports to China accounted for 27% of the total annual goods exports until September, amounting to $70.4 billion, but these fig..