Source: PSA
Government Cuts – Govt funding squeeze sees DOC cutting a further 71 roles – PSA
Source: PSA
Greenpeace Statement – Gore ‘not out of the woods yet’- nitrate level linked to increased risk of preterm birth
Source: Greenpeace
Economics – Tariffs and uncertainty likely to dampen medium-term inflation pressures – Reserve Bank of NZ
24 July 2025 – Global tariffs and economic uncertainty are likely to mean less inflation pressures in New Zealand and a pullback in business investment and household spending, RBNZ Chief Economist Paul Conway says.
However, the economy is currently supported by high export prices and lower interest rates, he says.
In a speech delivered to Business New Zealand in Wellington today, Mr Conway says that as a small, open economy, we are heavily influenced by global developments.
“Being tied in with the global economy helps us prosper. It also means that when something big happens offshore, such as the imposition of tariffs, its ripple effects impact the New Zealand economy,” he says.
The US has made a decisive shift towards a more trade protectionist stance, which is a major change in the global trading environment with significant implications for the global economy, Mr Conway says.
Tariffs may make global supply chains less efficient and could nudge up the cost of imports. This is why tariffs are expected to add to inflation pressures in the US.
But for New Zealand, the main impact is likely to be weaker global growth, which could reduce demand for our exports and lower import prices. Import prices could fall further as other countries redirect their exports away from the US. This is expected to reduce inflation pressures here.
At the same time, uncertainty is elevated, making it harder for households and businesses to plan.
“When businesses aren't sure what's coming, they hold off hiring and delay big investments. Households tend to respond to increased uncertainty by putting off big sp
Property Market – Rental market softens tipping in favour of tenants – Cotality
New Zealand’s rental market has started to swing in favour of tenants, as easing migration and rising supply take the heat out of rents, according to Cotality’s July Housing Chart Pack. (ref. http://www.cotality.com/nz/resources/industry-insights/monthly-housing-chart-pack )
After significant increases over 2021-23, rental growth has generally petered out in recent months, or turned negative in some key centres.
Median weekly rents in three months to May, % change from a year ago
Sources: MBIE, Cotality (formerly CoreLogic)
Cotality Chief Property Economist Kelvin Davidson said this shift is being driven by a range of interrelated factors.
“There was a sharp rise in rents post-COVID as borders reopened and net migration spiked. Many new migrants tend to rent, especially given the foreign buyer ban, and that demand placed pressure on key centres such as Auckland.”
“This affordability ceiling is now acting as a natural brake on further rent increases.”
“Supply has risen as investors are starting to return to the market, and at the same time we’re seeing the completion of many new-build properties.
“Overall, this has contributed to a softening in the rental market, with conditions gradually shifting in favour of tenants,” Mr Davidson concluded.
Highlights from the July 2025 Housing Chart Pack include:
New Zealand’s residential real estate market is worth a combined $1.65 trillion.
The Cotality Home Value Index shows property values across New Zealand ticked up by +0.2% in June. Over the three months to June, however, there was a -0.1% dip in median property values across NZ.
Inflation is back in the 1–3% target range. The Reserve Bank looks set to cut the official cash rate again to 3.0%, potentially as soon as August.
Farming and Finance – Federated Farmers release rural banking report cards
Source: Federated Farmers
- Mortgage Rate: A+
- Overdraft Rate: A
- Undue Pressure: A+
- Comm. Quality: B
- Mental Health: A+
- Overall Satisfaction: A
- Final Grade: A-
- Mortgage Rate: B
- Overdraft Rate: A+
- Undue Pressure: A
- Comm. Quality: A+
- Mental Health: A
- Overall Satisfaction: A+
- Final Grade: A-
- Mortgage Rate: A
- Overdraft Rate: C
- Undue Pressure: D
- Comm. Quality: A
- Mental Health: B
- Overall Satisfaction: B
- Final Grade: C+
- Mortgage Rate: D
- Overdraft Rate: D
- Undue Pressure: B
- Comm. Quality: D
- Mental Health: D
- Overall Satisfaction: C
- Final Grade: C-
- Mortgage Rate: C
- Overdraft Rate: B
- Undue Pressure: C
- Comm. Quality: C
- Mental Health: C
- Overall Satisfaction: D
- Final Grade: D.
Weather News – Calm conditions set to turn wet, windy and warm – MetService
- Cold, settled weather holds through Saturday for most
- Rain and wind move in from the south late Saturday
- More widespread wet weather expected early next week, with possible heavy falls for the north of both islands.
Aotearoa New Zealand has enjoyed a run of calm, frosty mornings and crisp, clear days under a broad ridge of high pressure. Places like Dunedin Airport, Timaru, and Wanaka dipped to their lowest temperatures of the year this morning (Thursday), at -6.7°C, -4.7°C and -5.1°C respectively. While Aucklanders have seen consistent low morning temperatures, dropping below 4°C every day so far this week.
However, this spell of settled weather is coming to a close, as conditions gradually turn over the weekend with warmer temperatures, rain and wind firmly returning to the forecast from early next week. After what has been a notably cold and settled week of July, the shift to a more active pattern may feel like a dramatic change for many.
MetService meteorologist Devlin Lynden says, “We can enjoy the clear days for a little bit longer. But that ridge is on the move, and we’ll start to feel the effects as early as Saturday in the south.” He adds, “Our focus is on the next system which will bring rain and wind back into the picture for many areas by late Sunday and into Monday, with more severe weather possible on Tuesday.”
The first signs of change eventuate in Fiordland late Friday, with cloud and showers spreading northward. By Sunday, areas like Northland and the West Coast can expect scattered showers, while eastern regions such as Canterbury and Hawke’s Bay stay dry a little longer.
Next week looks more unsettled overall, with warmer temperatures brought in by strengthening northerly winds. Showers spread further east on Monday, and by Tuesday, there is the risk of heavier rain developing for the north of the North Island, the Tasman District and the West Coast, areas that have already seen plenty of severe weather this winter.
“Warnings and Watches for Heavy Rain and for Strong Winds may be issued in the coming days. Keep up with the latest information at metservice.com, especially as we head into a more active and changeable weather week,” advises Lynden.
Research – Study of ancient sea creature’s DNA links New Zealand to oceans around the world
Law Business and Media – MinterEllisonRuddWatts advises Warner Bros. Discovery on sale of Discovery NZ to Sky
Source: MinterEllisonRuddWatts
Consumer NZ reveals the best and worst laundry detergents
Three laundry detergents have scored no better than water in Consumer NZ’s laundry detergent test.
We put 46 detergents through the wringer. Two detergents ended up with an overall score of 27 out of 100 – the same score given to a wash with only water. Those two products were Shotz Laundry Liquid and EcoLiving Laundry Detergent Sheets with lavender scent.
Another laundry sheet product – Re-Stor Laundry Detergent Sheets fresh linen scent – scored even lower. These sheets were rated ‘poor’ at removing everyday grime and most of the stains we use in our detergent tests, including grass and mud, olive oil and tomato.
Our head of testing James le Page said he wasn’t surprised laundry sheets once more took out two of the bottom spots in the test.
“They only weigh a couple of grams, so when you put them in your machine, they’re just not going to do a good job compared with a capful of laundry liquid or scoop of powder, both of which have the potential to contain more active ingredients,” James said.
However, James wouldn’t be surprised if laundry sheets one day climbed up the test results.
“They’re early in their developmental journey as a product. They’re years behind the other options, so they’re playing catch-up.”
Persil products took out the top three spots in the test results, with Persil Ultimate powder proving to be New Zealand’s most effective laundry detergent.
Persil Active Clean powder wasn’t far behind, followed by Persil 3 in 1 Ultimate capsules.
Ten detergents were given ‘Consumer Recommended’ status, including some New Zealand-made Laundromate and Ecostore products.
The cheapest Recommended detergent was Ecostore Ultrapower Citrus Fresh – it costs just 8c per wash. It was particularly good at removing everyday grime as well as grass and tomato stains.
See here the laundry detergent test results available for anyone to view: https://consumernz.cmail20.com/t/i-l-fultrid-ijjdkdttjk-y/
“We encourage people to have a look at the results and see how the detergent they’re using now scores. You might find something that will do a better job for a better price,” James said.
Best powder detergent – Persil Ultimate
Best liquid detergent – Ariel Original
Best capsule detergent – Persil 3 in 1 Ultimate
Notes
Consumer NZ test results are usually exclusively available to our members. However, this time, we have made the laundry detergent test results available for all New Zealanders. You can view them at www.consumer.org.nz/products/laundry-detergents/review.
