Dunedin’s real estate market has surged 18% as Auckland’s price gap widens to $450,000, creating both opportunities and pressures for local businesses. This migration-driven boom mirrors Wellington’s recent experience but presents unique challenges for the southern city’s economy.
New Zealand’s hospitality sector faces an unprecedented workforce crisis with over 15,000 vacant positions despite strong tourism recovery. The shortage is forcing operational changes and wage increases across hotels and restaurants nationwide.
The Commerce Commission’s enhanced market study powers under recent Fair Trading Act amendments face a constitutional challenge from business groups over procedural fairness concerns. The legal dispute could reshape competition regulation in New Zealand.
New Zealand exports hit a record $72.8 billion in 2025, driven by strong dairy and meat performance despite global trade challenges. Economists warn that headwinds are building for 2026 as key markets show signs of economic stress.
New Zealand’s export earnings surged to a record $78 billion in 2025, driven by dairy recovery and booming technology exports. However, economists warn of sustainability challenges as commodity price cycles suggest a potential correction ahead.
