NZ's shrinking sharemarket mirrors global challenge

Could a new British exchange be the model for reviving our capital markets? (Image: Getty/NZME)

Fri, 03 Oct 2025

Quick quiz: what does New Zealand have in common with Brazil, Mexico, Turkey and Vietnam?You could be forgiven for answering “not much”. And you’d be correct, but for one fact: the sharemarket for each of these countries is valued at less than half the size of their respective economies, holding at around 40%.Across the Ditch, Australia’s market is valued at around the same size as its economy, as measured by its Gross Domestic Product (GDP), which is comparable to the UK’s.Both Canada’s and Japan’s mar...

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