Fewer than half of New Zealand business leaders feel positive about their own performance, with expectations for improvement sliding to a record low this quarter.
Home values fell across every Australian capital city last quarter, the sharpest decline on record, as high borrowing costs continue to weigh heavily on buyers nationwide.
Developers behind a proposed gas-fired power plant for a data centre in Moss Vale, New South Wales, have told a court they now want the site connected to the electricity grid instead. The plant could sit idle within two years if the amended plan is approved.
ANZ economists say New Zealand's housing bubble has largely deflated after two years of price corrections. The bank expects only mild further declines nationwide, with Reserve Bank interest-rate moves still shaping buyer affordability.
An Australian mining company is pursuing a fresh approach to gold exploration in New Zealand's Golden Bay after its earlier bid on conservation land was turned down.
Landholders and politicians in Australia's Queensland state are pushing for tougher legal protections as the rapidly growing renewable energy sector increasingly affects rural land use.
New Zealand KiwiSaver manager Simplicity is investing NZ$50 million in Icehouse Ventures' Growth Fund III, which backs late-stage local companies including agtech firm Halter and supplement maker Calocurb.
New Zealand-founded accounting software company Xero has apologised over how it handled a 2017 whistleblower complaint of sexual misconduct against its founder, Rod Drury. An independent review led by senior lawyer Maria Dew spent recent months examining the company's response to the complaint.
Australia will allow young Papua New Guinean university students to join its armed forces under a new recruitment trial tied to a recent defence treaty between the two countries. The scheme aims to help the Australian Defence Force fill recruitment shortfalls while deepening security ties with its Pacific neighbour.
The growing global use of GLP-1 weight-loss drugs is pushing consumers toward more nutrition-conscious choices, creating new export opportunities for New Zealand's premium food producers.
Workers at New Zealand's state-owned Kiwibank have gone on strike over the bank's latest pay offer. The workers' union says the 2.25 percent offer does not add up and that the bank can easily afford to improve it.
New Zealand's free trade agreement with India has officially taken effect, Trade and Investment Minister Todd McClay said. The deal makes 57 percent of New Zealand's exports to India tariff-free, including sheep meat, wool, coal and forestry products.
New Zealand's economic recovery is progressing slowly, with employment and retail spending both still contracting, according to Bank of New Zealand senior economist commentary. The bank linked the weak results to ongoing pressure on household incomes across the country.
Independent Australian MP Helen Haines was critically injured in a violent attack near her electorate office in Wangaratta, Victoria. Police took a man into custody, and Prime Minister Anthony Albanese said counter-terrorism officers are assisting with the investigation.
New Zealand's economic research institute NZIER has warned that raising KiwiSaver contribution rates could leave some savers financially worse off in the near term. The institute's paper points to a trade-off between improving long-term retirement preparedness and preserving people's financial resilience today.
Oyster growers along South Australia's coast report recovery from last year's harmful algal bloom, though the pace varies widely between regions. Farmers describe reduced stock levels and a rise in barnacle growth as lingering challenges heading into the busy summer season.
New Zealand's Council of Trade Unions has welcomed a Green Party proposal to scrap the country's lower training minimum wage ahead of the 2026 election.
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