NewsBite

Pacific

This Month

Skiing in New Zealand.

New Zealand nearly triples fees for foreign tourists

Like many popular travel destinations, the shaky isles have struggled with the impact of visitors on the natural environment and local infrastructure.

  • Lucy Craymer

August

New Zealand

New Zealand to push through law to reverse ban on oil and gas exploration

The law would end the ban, in place since 2018, on exploration as the right-of-centre government plans to lure investment to the country’s oil and gas sector.

  • Renju Jose
Adrian Orr, governor of the Reserve Bank of New Zealand.

New Zealand cuts rates in a rapid change of tune

The RBNZ’s pivot to easing is a dramatic shift after it said in May it considered raising rates and wouldn’t cut them until the second half of 2025.

  • Updated
  • Tracy Withers

July

New Zealand inflation slows to three-year low

Three of the country’s main banks brought forward forecasts for RBNZ rate cuts after the inflation report.

  • Matthew Brockett

Original URL: https://www.afr.com/world/pacific