Source: Fire and Emergency New Zealand
Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality says Oxfam
Source: Oxfam Aotearoa
- The collective wealth of billionaires last year surged by $2.5 trillion, almost equivalent to the total wealth held by the bottom half of humanity – 4.1 billion people.
- The number of billionaires topped 3,000 last year for the first time, while the richest, Elon Musk, became the first ever to surpass half a trillion dollars.
- Billionaires are 4,000 times more likely to hold political office than ordinary people.
- The $2.5 trillion rise in billionaires’ wealth would be enough to eradicate extreme poverty 26 times over.
- Realistic and time-bound National Inequality Reduction Plans, with well-established benchmarks and regular monitoring of progress.
- Effectively taxing the super-rich to reduce their power, including with broad-base taxes on income and wealth at high enough rates to reduce massive levels of inequality.
- Stronger firewalls between wealth and politics including by tougher regulations against lobbying and campaign financing by the rich, ensuring more media independence, and banning hate speech.
- Accountability for the political empowerment of ordinary citizens, including stronger protection for people’s freedoms of association, assembly and expression and for civil society organisations and trade unions.
- Download Resisting the Rule of the Rich: Defending Freedom Against Billionaire Power full report, executive summary and methodology note
- Billionaire data is based on Oxfam’s analysis of Forbes’ Real-Time Billionaire List for the year to 30 November 2025. Full calculations for billionaire statistics are in the methodology note
- Hunger figures are from The State of Food Security and Nutrition in the World 2025 report. In 2024, 28% of the world population faced severe or moderate food insecurity.
- Poverty figures are from the World Bank June 2025 Update to Global Poverty Lines. In 2022, 48% of the world population lived below US$8.30 at purchasing power parity per day.
- The Carnegie Endowment for International Peace Global Protest Tracker details anti-government protests.
- A Freedom House report found that 2024 was the nineteenth successive year of decline in global freedoms.
Energy Initiatives – Politicians go head-to-head on New Zealand’s energy future at Electrify Queenstown 2026
Queenstown, New Zealand (19 January 2026) Award-winning summit Electrify Queenstown will return in May 2026 with a power-packed programme combining political debate, high-profile speakers, immersive electric experiences and practical advice for businesses and households ready to electrify.
Delivered by Destination Queenstown, with principal sponsor Aurora Energy, Electrify Queenstown 2026 will be held across three days at the Queenstown Events Centre, from Sunday 17 May to Tuesday 19 May 2026.
The centrepiece will be The Future of New Zealand's Energy System: Political Debate, bringing together representatives from National, Labour, the Green Party, and The Opportunity Party for a rare on-stage energy discussion, moderated by leading journalist Paddy Gower.
Electrify Queenstown 2026 also features a strong line-up of national and international speakers shaping the future of electrification, energy and transport, along with panel discussions on everything from electrification myth-busting to finance.
Beyond the stage, the summit is known for its immersive, real-world electric experiences and demonstrations. Attendees will be able to visit smart homes and businesses, get hands-on with the latest e-bikes, e-boats, e-vehicles, solar panels, batteries, heat pumps, and household tech, and also receive practical, direct advice in the How-to-Hub, hosted by Queenstown Electrification Accelerator.
Earlybird tickets are on sale now.
Mat Woods, Chief Executive of Destination Queenstown & Lake Wānaka Tourism, says Electrify Queenstown continues to evolve as electrification gathers pace.
“Across the country we're seeing electrification move from early adoption to the mainstream, and this summit captures that moment – bringing together political leaders, global thinkers and real-world examples to show what's possible, what's next, and how communities and businesses can be part of the transition.
“And with the General Election this October, Electrify Queenstown 2026 will provide an opportunity to hear directly from politicians about how they plan to power New Zealand's future.”
Speakers and panellists include renewable electricity advocate, entrepreneur and inventor Dr Saul Griffith, Rewiring Aotearoa's Mike Casey, and Queenstown-based Xero founder Sir Rod Drury, all returning for a second year, along with Aotearoa environmentalist and entrepreneur Izzy Fenwick.
Queenstown Lakes District Mayor John Glover says: “Electrification is vital for the future of the district and as a business owner, I've seen firsthand how smart energy choices can strengthen resilience and reduce long-term costs.
“Electrify Queenstown is valuable because it shows what's already working, locally. It gives people practical confidence that these solutions are achievable, scalable and relevant to our community.”
Electrify Queenstown 2026 is proudly supported by principal sponsor Aurora Energy, along with supporting sponsors Air New Zealand, Westpac, Queenstown Lakes District Council, TomTom Productions, and Queenstown Catering.
Richard Fletcher, Chief Executive of Aurora Energy, says the company is pleased to be principal sponsor for the third consecutive year.
“This event continues to play a vital role in helping businesses and households understand the benefits of electrification, from cost savings and efficiency gains to reducing emissions and building resilience.
“As the owner of the main electricity distribution network in Queenstown, our role is to ensure the network is safe, reliable, and ready to meet growing demand. We are investing in our network across the Wakatipu area, and have a number of projects underway to support growth and enable future energy choices. As demand for electricity continues to rise, we remain committed to ensuring our network is ready.”
For the first time, Electrify Queenstown 2026 will introduce ticketing, including early-bird pricing, to ensure the event remains financially sustainable into the future.
“It allows us to keep bringing in world-class speakers, immersive experiences and practical content, while building a platform that's sustainable for the long term,” Woods says.
Tickets are now on sale for Electrify Queenstown 2026, with options to attend individual days, events, or the full three-day programme.
Day 1 – Sunday 17 May: Electric Experiences
Community and business-focused electric tours, demonstrations and exhibitions showcasing electrification in action
Day 2 – Monday 18 May: Business Innovation, Investment & Policy
Keynote speakers, political debate, and finance and investment panels, aimed at business leaders, boards,decision-makers and the community
Day 3 – Tuesday 19 May: How to Electrify
Practical, hands-on sessions for business owners, operators and teams focused on implementation, cost savings and real-world solutions
For more information, visit www.electrifyqueenstown.co.nz
Weather News – Relentless Heavy Rain and Strong Winds – MetService
Covering period of Monday 19th – Friday 23rd January
- Yellow Heavy Rain Watch for Northland
- Yellow Heavy Rain Watches for Auckland (north of the Harbour Bridge), Great Barrier Island and the Coromandel Peninsula
- A Low with tropical origins likely to impact New Zealand’s weather from Wednesday.
Significant severe weather continues this week with heavy rain and strong winds for the North Island.
Northland is under an active Yellow Heavy Rain Watch until midday on Tuesday the 20th of January as showers continue. Additionally, severe thunderstorms with localised downpours of 25-40 mm/h possible for Northland this evening (Monday) through until early Tuesday morning. Yellow Heavy Rain Watches have also been issued for Auckland (north of the Harbour Bridge), Great Barrier Island and the Coromandel Peninsula for Tuesday.
Why so much rain for Northland? MetService Meteorologist Devlin Lynden says, “A persistent moisture-laden easterly flow has been drawn down from the tropics. As the moisture is pushed onto the coastal ranges, it is forced upward, this cools the air down and allows that moisture to condense and fall out as rain… and a lot of it.”
On Tuesday, heavy rain is expected to affect parts of Northland, particularly the northern and eastern coasts. Heavy rain is also possible about Gisborne/Tairāwhiti and northern Hawke's Bay. As well as strong easterlies expected in the north of the North Island.
On Wednesday, a low of tropical origin moving southeast, is expected to approach the North Island, bringing heavy rain and strong east to northeast winds. For Northland, Auckland and Coromandel Peninsula there is a chance that northeast winds will reach severe gale in exposed places.
On Thursday, the path and strength of the low originating from the tropics is very uncertain. It is likely that it will pass over or close to the North Island and may extend a trough onto the South Island. Heavy rain and strong winds are possible in many northern and central parts of the country.
On Friday, although there remains much uncertainty, the low should move off to the east of mainland New Zealand.
MetService meteorologist Alanna Burrows says, “With more heavy rain expected for Northland, who have already experienced significant flooding this past weekend, please prepare and check in on your neighbours. Keep up to date with Civil Defence Northland too.”
Find our latest warnings at www.metservice.com/warnings and our Severe Weather Outlook at www.metservice.com/warnings/severe-weather-outlook.
Property Market – Does property double in a decade? Not in the last cycle, new data from realestate.co.nz shows
- National average asking price increased by 55.1% in past 10 years
- Auckland’s average asking price increases only 23.5%
- The regions take the cake for delivering the biggest returns with seven doubling in price since 2015
- Gisborne reports 145% increase from $284,134 in 2015 to $697,527 in 2025.
Lore tells us that property prices double every 10 years, but the latest data from realestate.co.nz shows this wasn’t the case nationally in the last decade. Between 2015 and 2025 New Zealand's national average asking price only increased by 55.1%, from $556,931 to $863,747.
While the highly sought-after doubling in value milestone may not have occurred nationally, seven of New Zealand’s 19 regions did achieve the coveted accolade.
Gisborne topped the chart with a 145.5% increase in its asking price from $284,134 in 2015 to $697,527 in 2025. Manawatu/Whanganui followed with a 121.5% increase from $274,032 in 2015 to $606,985 in 2025 and Central North Island recorded the third highest increase of 119.2% from $348,659 in 2015 to $764,316 in 2025.
Of the major centres, Auckland delivered the least value increase in the last decade with a 23.5% increase from $846,730 in 2015 to $1,045,328 in 2025. Waikato was the standout performer with a 95.9% increase in average asking price over the decade, from $405,770 in 2015 to $795,097 in 2025.
Vanessa Williams, spokesperson for realestate.co.nz, says while it may be true for some, the last decade has debunked the notion as a general rule. “The idea that property always doubles in value every 10 years is a simplification that doesn’t reflect how the market really works,” says Williams. “Property moves in cycles – we have peaks, plateaus, and periods of correction, so doubling in value isn’t a guarantee and it will always depend on individual properties and locations as well.”
“Over the past decade, we’ve seen significant regional variation and, in many areas, growth has fallen well short of that aspirational ‘doubling in value’ benchmark. While prices generally rise over time, growth is rarely linear and depends heavily on when in the cycle you buy and sell.”
Which regions fetched returns for homeowners?
Southland (111.3%), Hawke’s Bay (105.0%), Wairarapa (100.7%) and Coromandel (100.1%) were the four remaining regions that more than doubled their average asking price during the past decade.
Williams says despite an ever-changing landscape, the value of property continues to increase over the long term.
“Over the past 10 years, we’ve seen the New Zealand property market navigate some of the most dramatic economic shifts in recent history, from a pandemic-fuelled boom to a sharp market reset. In the same period, we’ve seen significant regulatory change, with the introduction of loan-to-value (LVR) restrictions, the bright-line test, and more recently, debt-to-income (DTI) ratios.
Through it all, property has remained a national conversation and a first-choice of investment for many Kiwis.”
The good news? Hold on for another five years and your price may double
There’s better news for homeowners who bought 15 years ago – the national average asking price has come close to doubling over this period, increasing by 91.9% since 2010, from $450,014 to $863,747 in 2025.
Perhaps unsurprisingly, Central Otago/Lakes District recorded the greatest in average asking price over the 15-year period with prices rising 125.1% from $660,246 to $1,485,995.
About realestate.co.nz | New Zealand’s Best Small Workplace (2025)
Realestate.co.nz – your home for property search.
We’ve been helping people buy, sell, or rent property since 1996. Established before Google, realestate.co.nz is New Zealand’s longest-standing property website and the official website of the real estate industry. We are certified carbon neutral (2024 & 2025) and in 2025, realestate.co.nz was crowned Best Small/Micro Workplace in New Zealand by Great Place to Work.
Dedicated only to property, our mission is to empower people with a property search tool they can use to find the life they want to live. With residential, lifestyle, rural and commercial property listings, realestate.co.nz is the place to start for those looking to buy or sell property.
Whatever life you’re searching for, it all starts here.
Want more property insights?
Market insights: Search by suburb to see median sale prices, popular property types and trends over time.
Glossary of terms:
Average asking price (AAP) is neither a valuation nor the sale price. It is an indication of current market sentiment. Statistically, asking prices tend to correlate closely with the sales prices recorded in future months when those properties are sold. As it looks at different data, average asking prices may differ from recorded sales data released simultaneously.
Price drop reflects the difference between a property's original asking price when listed on realestate.co.nz and its price at the point of sale or withdrawal. While it doesn’t show the final sale price, it provides a strong signal of how much sellers are adjusting to meet buyer demand.
Employment Disputes – Strike period incident details – NZPFU again declines request to agree community safety process
Source: Fire and Emergency New Zealand
CPAG concerned over changes in how child poverty is measured
Source: Child Poverty Action Group
Marine Environment – Historic Global Ocean Treaty enters into force – Greenpeace
Source: Greenpeace
Lifestyle – From Resolutions to Real Life: Building Habits That Last Beyond January – Exercise NZ
“There's nothing wrong with wanting to make a fresh start in January,”
“But all-or-nothing goals, extreme routines, and relying purely on motivation can set people up to struggle. Real change comes from consistency, support, and doing what's realistic for your life.”
“If your goal improves your quality of life, not just your body, you're far more likely to stick with it,”
As gyms fill and motivation peaks in the first weeks of January, Exercise New Zealand is encouraging Kiwis to rethink how they approach New Year's resolutions, focusing less on short-term motivation and more on sustainable habits that last.
The issue isn't goal-setting itself, but how goals are set.
While New Year's resolutions are popular, many don't stick. An international study cited by Scientific American suggests more than 80% of resolutions are abandoned by February, often because goals are too ambitious, too rigid, or unsupported.
It's encouraging that most resolutions are centred on improving health and wellbeing (79%). However, many people (62%) report feeling external pressure to change rather than being guided by personal readiness or enjoyment. This presents an opportunity: when goals are self-driven, realistic, and supported, they are far more likely to lead to lasting, positive change.
“There's nothing wrong with wanting to make a fresh start in January,” says ExerciseNZ Chief Executive Richard Beddie. “But all-or-nothing goals, extreme routines, and relying purely on motivation can set people up to struggle. Real change comes from consistency, support, and doing what's realistic for your life.”
Motivation fades, habits last
Motivation is powerful at the start of the year, but it's often temporary. When life gets busy, stress increases, or results don't come quickly, motivation can drop, and so can resolutions.
That's why focusing on small, repeatable actions rather than dramatic transformations is more effective. Real progress comes from habits that fit everyday life, ones that still feel achievable in February, sustainable in June, and part of the routine by next December.
In practice, goals are more likely to last when they are personally meaningful, clear but flexible, built gradually, focused on consistency rather than intensity, and supported by others.
“If your goal improves your quality of life, not just your body, you're far more likely to stick with it,” says Beddie.
Three simple ways to make your New Year's resolution stick
To get started, ExerciseNZ shares three simple, research-informed tips to help turn New Year's intentions into lasting habits.
Do it with others: Exercising with a friend, group, or support network helps build accountability and makes movement more enjoyable.
Choose movement you enjoy: People are far more likely to stay active when they enjoy what they're doing, rather than forcing routines they don't like.
Start small and be specific: Breaking goals into clear actions, such as exercising twice a week. This makes habits easier to repeat and maintain.
As 2026 begins, ExerciseNZ encourages New Zealanders to prioritise regular physical activity to support physical health, mental wellbeing, and long-term quality of life. Moving beyond short-term resolutions, support from local gyms and registered exercise professionals can help people incorporate movement into daily life and sustain safe, effective participation over time.
Stats NZ updates material hardship measure for child poverty statistics – Stats NZ news story
Source: Statistics New Zealand
Stats NZ updates material hardship measure for child poverty statistics – news story
16 January 2026
Stats NZ has changed how we measure material hardship to ensure continuity between the new Household Income and Living Survey (HILS) and the Household Economic Survey (HES) it replaced in 2024.
HILS was introduced to streamline and modernise how Stats NZ collects and produces household income, expenditure, net worth, and child poverty statistics. It incorporates updated collection technology and questionnaire design to reduce the survey burden on respondents and improve data quality. To address the impact of these design changes, the Government Statistician has made the decision to update the methodology used to measure material hardship.
In February 2026, Stats NZ will produce material hardship statistics using an updated methodology that includes the use of a new 18-item index called MH-18.
Visit our website to read the full news story and methods paper:
