Most of us have already felt the pinch in one way or another — and the latest economic figures for Quarter 2 of 2025 (ending 30 June) shows that New Zealand’s economy contracted by 0.09 percent. The size of this decline came as a surprise to many economists, but on the ground, many New Zealanders felt the decline first-hand — from reduced consumer spending to business caution, all intensified by new trade tariffs announced in the United States and a general drop in confidence across global markets.

We’re very excited to release our first official Company Profile which is now live.

End of Quarter 2 - 30 June 2025 Over the past quarter, economic activity has remained subdued, reflected in lower building cost inflation and a flat housing market. At the same time, the cost of essentials—including food, accommodation, and energy—rose by 4.2%. This presents a mixed local picture, which is further complicated by ongoing global uncertainty and rising cost pressures abroad.

The first quarter of 2025 has now closed with a mixture of stable to slow economic news against the backdrop of global uncertainty.

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