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Vol. 02 · New Zealand

FRIDAY 22/05/2026

Iss. 2026 / 21

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Economic News is an independent New Zealand publication covering monetary policy, markets, the public finances and the wider economy.

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Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters Retail Volumes Rise 0.9 Percent in March Quarter Budget 2026 Documents Available 28 May as Government Tightens Spending Hormuz Closure Turns Supply Chain Disruptions Into Multi-Year Cost Burden for New Zealand Exporters

WORKSAFE · HEALTH & SAFETY REGULATION

WorkSafe charges WasteCo over Te Anau fatality as second death investigated

WorkSafe New Zealand charged WasteCo NZ Ltd on or around May 4 2026 with three alleged breaches of the Health and Safety at Work Act 2015 following the May 2025 death of worker Lynda Marion Kelly at the Te Anau transfer station.

Regulation Desk21/05/2026 · 15:37 NZT6 min read

RegulationBreaking

RD

Regulation Desk

Regulation and Markets Conduct Reporter · 21/05/2026 · 15:37 NZT · 6 min read

Empty rural waste transfer station near Te Anau with beech forest and Fiordland ranges in background

At a glance

WorkSafe has charged WasteCo over a 2025 transfer-station death while investigating a second fatality — the company has yet to disclose the latest death to shareholders.

Key stats

Charges laid

3

alleged HSWA 2015 breaches

Fatalities

2

in under 12 months

Share price

$0.0070

down 65% over 52 weeks

Annual revenue

$67M

up 28% year on year

Precedent fine

$450,000

Waste Management 2017 guilty plea

Max PCBU penalty

$1.5M

per HSWA offence

"our thoughts remain with Lynda's family and colleagues."Roger Gower, WasteCo chair and acting chief executive

Sources cited

NZX Announcements - Te Anau Accident Investigation — NZX
Waste Management Limited | WorkSafe court summary — WorkSafe New Zealand
Business charged after Southland mum crushed in fatal workplace accident — Stuff
WorkSafe probes second WasteCo death after Cardrona truck crash — BusinessDesk
Does WasteCo Group (NZSE:WCO) Have A Healthy Balance Sheet? — Simply Wall St
NZX Markets - WCO instrument page — NZX
Health and Safety at Work Act 2015 — New Zealand Legislation
Fatalities summary table - Worksafe data centre — WorkSafe New Zealand

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