Food Price Index rose 8.9% in August year-on-year   Food prices have maintained a significant upward trend for an extended period, but recent data reveals that they increased by 8.9% annually until August. This is seen as a slight stabilization in the market. Over the past few months, staple foods such as eggs, yogurt, and…

Advertised salaries rising at fastest rate in six years amid strong hiring activity   The number of job ads is on the rise for the first time since March, alongside an increase in salaries. The latest Seek NZ Employment Report indicates job ad volumes rose 2.2 percent in August over July, with the number of…

New Zealand Immigration: Prime Opportunity with Green List Expansion   In the wake of the Immigration Department’s announcement last Saturday, if you’ve ever considered immigrating to New Zealand, now may be the most opportune time, according to the expert analysis by Insider. New Zealand is actively addressing its ongoing shortage of skilled workers by expanding…

Prefu Economic Update: OCR and Interest Rate Projections, Housing Price Rise Forecasts   Economic experts suggest that there will be no surprises for the Reserve Bank of New Zealand (RBNZ) based on the future path of the Official Cash Rate (OCR) in the Prefu (Pre-election Economic and Financial Update). Caralee McLiesh, the Finance Minister, unveiled…