Source: The Treasury
Kiwi Skincare Start-Up Eyes Multi-Million Dollar Export Expansion After Viral US Review
Source: Impact PR for Healthy Skin Lab
A New Zealand skincare start-up is set for a multi-million dollar export expansion after one of its products was named the “holy grail” of tinted sunscreens by a leading United States beauty reviewer.
Healthy Skin Lab, founded by internationally recognised skin cancer doctor and best-selling author Professor Sharad Paul, is seeking a $4 million strategic investment to scale its US operations, increase manufacturing capacity and support the rollout of new science-led skincare products.
Its tinted SPF 50 moisturiser, Protect, is believed by the company to be the first sunscreen formulation developed by a New Zealand skincare business to be registered with the US Food and Drug Administration as an over-the-counter drug product.
The registration is commercially significant because sunscreen is regulated as an over-the-counter drug in the US, rather than as a standard cosmetic product. The company says this creates a pathway into brick-and-mortar distribution through major pharmacy, healthcare, wellness and retail channels, including potential retailers such as Walgreens and Whole Foods.
The business also plans to use its US expansion as a platform for broader international growth, following early sales into the UK and Europe. It wants to build the inventory and logistics capability to hold stock in key offshore markets, including Germany, France and Italy, reducing delivery times and supporting local retail and ecommerce channels as demand grows.
The capital raise follows strong organic growth for the tinted moisturiser, which was first launched into the US through Amazon as a test market, without marketing support, paid influencer activity or a formal advertising campaign.
Despite this, the company says cumulative sales have reached over $2 million over two years, driven by word-of-mouth, independent reviews and repeat customer demand.
It now has more than 2,000 Amazon subscribers. The product has also sold out repeatedly, including after it was reviewed by Angie “Hot & Flashy”, a US beauty and skincare reviewer with an audience of more than 1.5 million followers across YouTube, Instagram, Tiktok and Facebook.
The mineral sunscreen has also been listed as the number one “Most Wished For” product on Amazon in the facial tinted moisturisers category.
The company says product shortages have been driven by manufacturing lead times and stronger-than-expected repeat ordering following the US review.
Professor Paul says the US launch was initially designed to test whether there was consumer demand for the New Zealand-developed formulation.
“The original idea was to put it on Amazon and see whether the product had a market. There was no major marketing campaign behind it, no influencer programme and no large team driving it,” he says.
“What has been significant from a business perspective is that customers found it, reviewed it and kept buying it. That level of organic validation has given us confidence that there is a larger commercial opportunity if the business has the capital and infrastructure to scale.”
Healthy Skin Lab is seeking $4 million in primary growth capital. The capital raise follows an independent valuation which placed the company at around NZ$8.4 million.
The primary growth capital would be used to appoint a CEO and operational team, expand manufacturing capacity, increase inventory, support Amazon and direct-to-consumer growth and build the commercial capability needed to pursue wholesale and physical retail distribution.
It would also support the plan to hold stock in key international markets as the business moves from a single-market test into a broader export platform.
Professor Paul says the company is seeking a strategic investor who can bring commercial capability and market access, rather than passive capital alone.
“The business has reached the point where the limitation is no longer whether there is demand. The limitation is whether we can manufacture enough, hold enough inventory and build the team needed to support larger channels.
“The right investor is likely to be someone who understands the US market, consumer health, pharmacy, ecommerce or retail distribution,” he says.
While the formulation was developed from New Zealand-based research, the product is manufactured in the US to meet regulatory requirements and supply its largest market more efficiently.
The company currently operates an eight-product portfolio spanning sun protection, anti-ageing, brightening and skin barrier repair. It is also progressing a second mineral SPF product through the FDA OTC registration process.
Professor Paul says the regulatory status gives the business a stronger base for expansion into health and retail channels.
“In the US, sunscreen sits in a regulated category. That makes the process more demanding, but it also gives a product greater credibility when it meets the required standard,” he says.
“For us, the FDA registration creates a platform for conversations beyond e-commerce. It gives the company the ability to look at pharmacies, dermatology clinics, healthcare partnerships and larger retailers that require properly registered inventory.”
Investor material forecasts revenue growth from around NZ$980,000 in FY26 to NZ$16.5 million by FY31 under its funded upside scenario, supported by capacity expansion, channel diversification and new product development.
About Dr Sharad Paul:
Dr Paul has treated over 100,000 skin cancer patients and is a world leader and academic in all aspects of skin cancer treatment and research into sunscreens and UV damage. Based in New Zealand, he has lectured and published widely on skin cancer medicine and surgical procedures. He is the author of popular bestsellers, Skin, A Biography (4th Estate) and The Genetics of Health (Simon and Schuster), and has a feature TED talk. He was awarded the New Zealand Medical Association’s highest honour, only awarded to one doctor across all specialities at any one time. He was also a finalist for the New Zealander of the Year Award, and has featured in TIME magazine.
Education – Whitireia Foundation Scholarships empower ākonga to give back
Source: Whitireia and WelTec
Economy – Recovery delayed, but not derailed – says Kiwibank Economists
In December, Kiwibank economists forecast a robust recovery for New Zealand in 2026. Since then, heightened global tension and the resulting oil price shock have seen the outlook revised, with a slower return to growth now expected.
Kiwibank Chief Economist Jarrod Kerr says that while early recovery momentum has softened, the economy is showing signs of resilience.
“We expected clearer skies this year, but instead we’ve had to navigate a storm. The important thing is we’re still moving forward. The recovery hasn’t disappeared, it’s just slower than we’d hoped.”
Global headwinds slow recovery
The outlook shows the economy entered 2026 with improved momentum, including early signs of stabilising demand and easing pressure on household and business budgets.
That progress was disrupted as conflict in the Middle East drove a surge in oil prices, lifting costs and weakening demand as Kiwi pulled back on non-essential spending.
At the same time, a soft labour market and subdued wage growth continue to weigh on activity.
“Kiwi households and businesses are feeling the squeeze. There’s been some relief in places, but for many, higher costs are still front and centre. That’s holding back a stronger rebound in spending as New Zealanders continue to balance their books.”
Encouragingly, data for the March quarter highlights areas of resilience across the economy.
Nine of the 16 industry groups recorded growth. Manufacturing rose 1.9%, driven by transport equipment and machinery production. Wholesale trade lifted 2.4%, supported by machinery and equipment, while business services increased 1.1%. Business investment also rose 3.7%.
“That’s encouraging, because for the first time in a long while, the construction drag is being offset elsewhere.”
Inflation outlook remains uncertain
Inflation is expected to remain volatile in the near term, reflecting global cost pressures, before gradually easing as weak demand and subdued wage growth take effect.
“There may be short-term spikes, but the underlying trend is weaker demand and wage growth doing a lot of the work to bring inflation down.”
Kiwibank economists expect headline inflation to rise to around 4.2% in this quarter, with tradable inflation, particularly oil-related, pushing up to around 5.6%. Domestic inflation is expected to lift more modestly to around 3.3%, before easing over time.
With the outlook evolving quickly, Kerr says monetary policy will play a key role in shaping the recovery.
“We still believe this is a shock that needs to be looked through, with a focus on maintaining conditions that support the recovery and rebuild demand.”
Two scenarios – and a more positive path still in sight
Kiwibank economists outline two possible paths for the New Zealand economy.
The upside scenario assumes a “bounce back” in the domestic economy, supported by easing costs, improving confidence, and a lift in household spending and business investment.
The downside scenario reflects prolonged global disruption, weaker domestic demand, and a more challenging recovery path.
“There are still risks out there, but the positive outcome remains achievable.”
Kerr expects conditions to gain traction through 2027, with inflation easing to around 1.9% as disinflationary forces take hold: “It’s taken longer than we expected, and that’s frustrating. But we’ve weathered though periods before. There are blue skies ahead – it just might take a little longer to get there.”
About Kiwibank
Kiwibank is a purpose-led organisation that has Kiwi values at heart and keeps Kiwi money where it belongs – right here in New Zealand. As a Kiwi bank, with more than a million customers, our trusted experts are focused on supporting Kiwi with their home ownership aspirations and backing local business ambitions, so together we can thrive here in Aotearoa and on the world stage. Kiwibank is among the top banks in Kantar’s 2026 Corporate Reputation Index and is one of the top 15 most trusted brands. To find out more about Kiwibank visit www.kiwibank.co.nz.
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Gumboot Friday records busiest month of 2026 so far, supporting 2,213 young Kiwis in May
In May 2026, 2,213 young people aged 5-25 accessed free counselling through Gumboot Friday – the highest monthly total recorded so far this year – with 3,578 sessions delivered nationwide.
Sessions are free, no referral is required, and young people choose the counsellor they want to talk to from Gumboot Friday’s registered network of counsellors.
Breakdown by age group:
• 640 young people aged 5–11 (28.9%)
• 608 young people aged 12–17 (27.5%)
• 965 young people aged 18–25 (43.6%)
May’s figures show demand at its highest point this year, but they also show the system working: young people reaching out, appointments being made, and support getting to them.
“May was our busiest month of the year so far, and that tells us two things. The need is real, and the door has to stay open. When 2,213 young people come through in one month, you don’t get to look away or slow down. You make sure the help is there,” says I Am Hope founder Mike King.
“What matters to me is that these kids didn’t have to wait until everything fell apart before they could talk to someone. They didn’t need a referral, they didn’t need money, and they didn’t need to prove they were struggling enough. They put their hand up, chose a counsellor, and got started. That’s what meeting demand looks like — removing the excuses and getting help in front of them,” King says.
Government support helps pay for the counselling sessions, while community backing helps keep the rest of the work going — the platform, the counsellor network, the team behind it, and I Am Hope’s early-intervention work in schools and communities.
With May now the busiest month of the year so far, that support matters more than ever. Every donation, fundraiser, shared post and gumboot sold helps keep young people connected to free counselling when they need it.
If you or someone you know is 25 or under and needs someone to talk to, visit www.gumbootfriday.org.nz to book a free counsellor today – no referral needed.
To donate, fundraise, or get involved with I Am Hope, head to www.iamhope.org.nz or text HOPE to 469 for a $3 donation.
Media Sector – Gambling in New Zealand needs responsible advertising – Global TV Experts
Auckland, 29 June, 2026 – Global TV Experts, a specialist iGaming television advertising agency, has launched GTE Pacific after securing access to nationwide television advertising inventory for licensed online gambling operators entering New Zealand's newly regulated market.
The launch comes as New Zealand prepares to award up to 15 online casino licences, creating one of the most significant market entry opportunities in global iGaming.
With licensed operators expected to begin launching later this year, competition to establish brand awareness and acquire customers is already intensifying. Unlike more mature regulated markets, New Zealand offers a rare opportunity for operators to enter a market without entrenched online casino brands or established player loyalties.
To support operators preparing for launch, GTE Pacific has secured advertising inventory across New Zealand's leading broadcast television networks, providing licensed operators with access to premium national advertising opportunities unavailable through any other media buying agency.
The company believes television will play a pivotal role in helping operators build trust, awareness and market share as consumers are introduced to licensed online gambling brands for the first time.
Ben Wilcockson, founder of Global TV Experts, said: “The winners in New Zealand will be decided long before the first bet is placed. This is a rare opportunity to launch into a regulated market with no established online casino leaders and no entrenched player habits. The operators that build awareness first will have a genuine opportunity to shape the market.
“With only a limited number of licences available and a finite amount of premium television inventory, the race to secure visibility has already started. That's why we've launched GTE Pacific and secured nationwide inventory to help operators maximise their opportunity from day one.”
GTE Pacific is backed by the wider Global TV Experts network, which has more than 15 years of experience supporting regulated gambling operators across over 50 international markets, including supporting partners entering newly regulated markets such as Ontario, Canada.
The agency specialises in helping operators navigate complex advertising regulations while delivering large-scale television campaigns designed to accelerate customer acquisition and brand growth.
The launch reflects growing industry interest in New Zealand's regulatory reforms and the commercial opportunities expected to emerge once licences are awarded.
GTE Pacific is encouraging prospective applicants to begin planning their launch strategies well ahead of market opening.
Licensed operators interested in securing television advertising inventory ahead of launch can register their interest by visiting: www.gtepacific.co.nz.
About Global TV Experts
Global TV Experts (GTE) is a specialist television advertising agency helping regulated gaming, betting and entertainment brands achieve large-scale growth through broadcast media.
Founded by media buying expert Ben Wilcockson, GTE combines more than 15 years of experience in television advertising with a deep understanding of regulated gambling markets. The company works with operators, affiliates and industry stakeholders across more than 50 jurisdictions, delivering compliant, performance-driven TV campaigns that build brand awareness, customer acquisition and long-term market share.
Through its international network, GTE provides strategic planning, media buying, campaign optimisation and market-entry support for brands operating in newly regulated and established markets alike.
