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Lead · Economic Data

Five Years, Four Percent: The NZX 50's Lost Half-Decade — and the Question Voters May Soon Ask

The NZX 50 has returned just 3.98% over five years while inflation topped 20%, representing a significant real-terms loss for New Zealand investors that contradicts government claims of economic recovery.

Nick Stewart18/05/2026 · 17:12 NZT4 min read
FISCAL · 20/05/2026 · 08:42 NZT

Energy Strategy Scrap Sparks Regulatory Whiplash for NZ Businesses

The government's abrupt scrapping of a long-term energy strategy in April 2026 has left New Zealand businesses facing fresh uncertainty, as gas reserves continue their sharp decline and short-term fixes dominate policy.

Analysis Desk · 14 min
FISCAL · 19/05/2026 · 08:40 NZT

New Zealand Must Shift Infrastructure Spending Toward Maintenance Over New Builds

New Zealand faces a $1 trillion infrastructure lifecycle obligation over the next 30 years that stems directly from chronic government underinvestment in maintenance and renewals. Shifting 60 to 80 percent of spending toward existing assets is now essential to prevent compounding debt and lost productivity.

Analysis Desk · 22 min
Wellington's Lambton Quay looking toward the Beehive on an overcast morning, a For Lease sign visible in a ground-floor office window
Economic Data · 21/05/2026 · 14:53 NZT

BDO Index Shows Multi-Speed Recovery as Fuel Shocks Hit Domestic Sectors

Business leaders report modest gains in financial positivity while overall sentiment stays near record lows, underscoring a diverging economy where export-oriented sectors gain ground and domestic-facing industries struggle under fuel-price pressures and pre-election uncertainty.

Analysis Desk21/05/2026 · 14:53 NZT22 min
Kāinga Ora, Ministry of Social Development and Oranga Tamariki offices in Napier, New Zealand
Fiscal · 21/05/2026 · 13:25 NZT

Social housing rent rise to deliver $387.5m Crown savings

The Government will increase the minimum rent contribution for social housing tenants from 25 per cent to 30 per cent of income from April 2027, lifting weekly costs for around 84,000 households by an average of $31 while generating $387.5 million in operating savings over the forecast period.

Fiscal Desk21/05/2026 · 13:25 NZT7 min
Office worker at a Wellington CBD desk with a payslip document in soft morning light
Fiscal · 20/05/2026 · 08:39 NZT

Median Workers’ Tax Bill Doubles as Fiscal Drag Persists

A median full-time worker paid $15,148 in personal income tax for the year ended June 2023. That amount more than doubled the $7,427 paid in the year ended June 2011. Real wages failed to keep pace with the increase.

Fiscal Desk20/05/2026 · 08:39 NZT6 min

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