As 2025 draws to a close, many of you may be winding down and looking forward to spending more time with family and friends.
Before we all fully embrace the holiday season, it’s an opportune time to reflect on the year, while looking ahead with optimism to the opportunities and possibilities the New Year will bring.
We’re delighted to share that our Takapuna office has officially moved into a larger, newly refurbished space located right in the heart of central Takapuna.
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.
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.
aibGROUP Insurance Limited (AIB) is a fully licensed Financial Advice Provider (FAP) as amended by the Financial Services legislation Amendment Act 2019 (FMC Act).