News in Brief
News in Brief
Retail spending flat in April
Kiwi retail spending was flat in April, according to new Stats NZ data.Spending in the retail industries was unchanged in April 2025 compared with the month before, while spending in the core retail industries increased by 0.2% ($12 million).Consumables reported the largest rise...
Net migration falls below 30,000
New Zealand had a net migration gain of 26,400 in the March 2025 year, Stats NZ said.“The net migration gain of 26,400 in the March 2025 year was well down from a gain of 100,400 in the March 2024 year,” Stats NZ international migration statistics spokeswoman Sarah Drake said.It...
Vector carrying out strategic review of its fibre business
Auckland-based energy company Vector has appointed Australia’s Barrenjoey Capital Partners to assist in a strategic review of its fibre business.Vector Fibre builds and manages data network solutions for businesses predominantly in Auckland, including major businesses, government...
Startups
Daisy Lab announces 'breakthrough' in bovine protein production
Daisy Labs produces dairy-identical proteins using precision fermentation.
