Business Update – 28 June 2023

Business Update – 28 June 2023

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Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.

Primary industry exports hit record high

New Zealand’s food and fibre sector is on track to set a new record high, with export earnings to hit $56.2 billion by 30 June 2023, Prime Minister Chris Hipkins says.

New vans provide health boost for mums and babies

Accessible healthcare will be the focus of a new hauora van in Auckland, protecting hāpu māma (pregnant mothers), their pēpi (babies) and tamariki from preventable diseases, Associate Health Minister Willow-Jean Prime announced.

Immigration changes ‘mixed bag’ for migrant workers

While it might provide certainty for businesses and some migrants, advocates for the community say immigration announcement does little to correct mounting worker exploitation issues.
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2023 the break out year for Digital Identity

In New Zealand, the Digital Identity Services Trust Framework (DISTF) Bill passed earlier this year, setting the legal basis, and rightly creating an open accreditation scheme for service providers to proliferate the use of VCs and digital identity more broadly in our everyday lives.

Billion dollar Connexa-2degrees mobile towers deal complete

Connexa is the new owner of 2Degrees Mobile towers, after the completion of a deal worth over a billion dollars, the two companies announced.

Does banking inquiry miss the mark?

This article argues that the scope of the Commerce Commission inquiry into banking in New Zealand is too limited, being focused on retail or personal banking.

Southland Charity Hospital taking shape

The Southland Charity Hospital board wants to see the facility operating by the end of the year. The next milestone for the hospital will be August 1 when the operating theatre will be commissioned.

NZ Post eCommerce insights

Kiwis spent more than $1.36 billion on physical goods in the first quarter of 2023 (Q1 2023), a massive 22% drop in online spending from the same quarter a year ago. In these tough economic times, when online shopping offers the opportunity to compare prices and search for bargains, why are shoppers reducing their online spend?

The Human Rights Measurement Initiative (HRMI) has released its annual report

The Human Rights Measurement Initiative  (HRMI) has released its annual report, and Chief Human Rights Commissioner Paul Hunt said the report represented a “mixed bag” of results in regard to quality of life, with progress in some areas and concerning trends in others.

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