Source: BusinessNZ
Investments – ASB Investor confidence survey: Investor confidence dips in March quarter as global tensions weigh on sentiment
Investor confidence fell to 6% in the March quarter, down five percentage points from the previous quarter after stabilising late last year, ASB’s latest Investor Confidence survey shows.
ASB Senior Economist Chris Tennent-Brown says global events played a clear role in shaping sentiment during the quarter.
“The change in mood was especially clear in March, which aligns with the timing of recent global developments. These events tend to amplify uncertainty, even if the underlying economic fundamentals have not materially changed,” says Chris.
Younger investors stood out as a relative bright spot. Net confidence among those under 30 rose to 21%, up from 16% in the previous quarter, while confidence declined for all other age groups. Confidence in KiwiSaver among under-30s also lifted, increasing to 23% from 16%.
Chris says it is important to distinguish between confidence levels and actual market performance.
“While confidence has dipped, the world’s major sharemarkets have continued to perform well, albeit with bouts of volatility. KiwiSaver, managed funds and global share markets have recovered from earlier volatility, with US equities back trading around their highs,” he says.
”Markets are forward-looking and tend to move quickly, which is why making reactive changes based on short-term sentiment can be counterproductive.”
During the quarter, New Zealanders have stuck with familiar, long-term investment options. In terms of perception of best return, respondents rated their own home and KiwiSaver jointly as the investments most likely to provide the best returns, with both options selected by 16% of respondents, while rental property also rose over the quarter.
Overall, the survey reinforces the importance of maintaining a long-term focus, even when confidence softens.
“A key message for investors is to stay anchored to a well-planned, long-term investment strategy rather than reacting to short-term noise,” says Chris.
Notes:
ASB has tracked investor confidence in the NZ market since 1997. This analysis is based on 727 online interviews in Q1 2026 with adults aged 18 years and older throughout New Zealand. A sample of this size has a maximum margin of error of 3.6% at the 95% confidence level. Fieldwork occurred between 7th January and 1st April 2026.
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Advocacy – The Siege Will Break: Global Sumud Flotilla Announces Final Leg to Gaza Following israeli State Piracy, Abductions and Torture in International Waters
The flotilla departs tomorrow with 54 boats and nearly 500 participants from 45 countries on the eve of Nakba Day.
MARMARIS – The Global Sumud Flotilla (GSF) issued a definitive declaration today from the port of Marmaris, confirming that its nonviolent mission to break Israel's illegal siege of Gaza will proceed. The fleet departs tomorrow, joining forces with the Freedom Flotilla Coalition to launch 54 boats carrying nearly 500 participants from 45 countries. As the world mobilizes after 78 years of Palestinian dispossession, occupation, and erasure, the flotilla will be at sea, sailing toward Gaza, maintaining that commemoration without action is no longer enough.
Four New Zealanders are set to continue on this mission to break Israel's illegal siege. These individuals are Samuel Leason, Hāhona Ormsby, Mousa Taher, and Julien Blondel.
After a month defined by maritime violence, illegal abductions, and the documented torture of international human rights defenders by the israeli Occupation Forces (IOF), our fleet has regrouped and expanded in preparation for the final leg of its journey to the shores of Gaza where they will deliver food and aid to Palestinian children and families continuing to live under israel’s brutal occupation.
The Strategic Mandate for Action
The decision to proceed is grounded in visceral mandates. While Gaza’s healthcare system continues to face total collapse, the Flotilla’s medical fleet serves as a direct, civilian-led humanitarian intervention. GSF organizers emphasized that as the Israeli regime attempts to make the blockade the permanent status quo, the strategic risk of inaction has become far greater than the risks of sailing.
This determination follows the return of Steering Committee members Saif Abukeshek and Thiago Ávila, who were released on May 10 after ten days of illegal detention and systemic abuse and torture at the hands of the israeli state as well as the beating and sexual abuse of flotilla volunteers who were illegally intercepted and detained in European international waters on 29 April. Their return is a testament to international mobilization, yet their release does not constitute true freedom while over 9,500 Palestinians remain trapped in a system of torture and impunity.
For the Flotilla, the moral imperative of direct action against the israeli regime far outweighs the risks of remaining silent in the face of ongoing genocide and ethnic cleansing. In parallel with the maritime departure, a land convoy is currently staging in North Africa. Comprised of dozens of trucks and hundreds of participants from over 30 countries, this overland mission is moving through Libya toward the Rafah border crossing.
Defying the Machinery of Impunity
The mission has further evolved into a universal struggle for liberation. Representatives from the Rohingya community and other oppressed peoples have joined the fleet, framing Gaza as the tip of the spear in a global uprising against genocide.
A Direct Challenge to Global Complicity and State Piracy
Flotilla organizers explicitly condemned the complicity of the Greek government, the European Union, and other flag states whose silence allowed the IOF to carry out abductions in international waters, over 1,000 km from Gaza, with total impunity.
Parallel to technical preparations, international legal experts finalized a global accountability strategy at a legal symposium held last week. This includes immediate legal prosecution and potential proceedings at the International Criminal Court against the israeli state and governments providing diplomatic and logistical cover for these crimes; exploring legal actions in more than 30 countries; and continued demands for sanctions against and reparations from the israeli state for its ongoing genocide of the Palestinian people.
GSF continues to demand formal accountability for the violence and sexual abuse inflicted on participants. GSF maintains that civilian maritime missions are firmly protected under the United Nations Convention on the Law of the Sea (UNCLOS), a framework the Israeli state and its allies are currently dismantling.
A Direct Challenge to Political Cowardice
The mission stands as a direct challenge to world leaders who have offered only calibrated statements and letters while witnessing the continued genocide and starvation of Gaza. While 14 UN Special Rapporteurs, the Prime Ministers of Spain and Brazil, and 19 members of the U.S. Congress have spoken out, the U.S. State Department has issued threats against its own citizens rather than defending them from attacks in international waters. This response is being documented as a legal and political fact.
In the absence of state intervention, people of conscience are acting as the physical barrier between military brutality and Palestinian lives. As the flotilla sets sail, movement and Palestinian civil society leaders are coordinating global protests on land, with over 400 actions planned across 47 countries on May 15 and 16. The horizon is not negotiable.
Peace Activists – NZDF plans upcoming training with Israel and US
“The NZDF is sending the largest contingent of troops and materiel in a decade to the this year's RIMPAC including three ships and 328 service personnel. This is while Israel continues its genocide in the Occupied Palestinian Territories, and the US and Israel wage an illegal war on Iran,” said Valerie Morse, member of Peace Action Wellington.
“The US and Israel are the greatest threat to global peace and security. Both are involved in major war crimes and crimes against humanity. This situation should be a serious legal concern for the NZDF.”
“It is impossible to square the NZ Government's claims of care for international law with these plans for combat training with the US and Israel.”
“Prime Minister Luxon and new Minister of Defence Penk know that the global security situation is dangerous. Yet they continue to contribute to making that situation worse by failing to object to the wars and genocide these countries are committing, and instead sign up to help with the job.”
