Sharon Zollner News

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• Business Confidence Slumps into Negative Territory Amid "Perfect Storm"

  Published: May 1, 2026

  Section: Banking & Finance

  New Zealand’s business sector is facing a "precipitous fall" in confidence as firms grapple with a combination of softening demand and surging costs. According to the ANZ Business...

• The Cost of Fast Fashion: Retail NZ Calls for "Temu Tax" to Level the Playing Field

  Published: Apr 15, 2026

  Section: Companies & Industry

  New Zealand’s retail sector is facing a "brutal" reality as traditional bricks-and-mortar clothing stores struggle to compete with ultra-fast fashion giants. On Wednesday, April 15...

• Inflation vs. Growth: ANZ Forecasts Early OCR Hikes Amid Middle East Tensions

  Published: Apr 14, 2026

  Section: Banking & Finance

  In a significant shift for the New Zealand economy, ANZ has revised its interest rate outlook, now predicting that the Reserve Bank (RBNZ) will begin raising the Official Cash Rate...

• Heavy Traffic Shows Resilience in Production

  Published: Apr 10, 2026

  Section: Global Economy

  he latest ANZ Truckometer data for March 2026 indicates that the New Zealand economy remained relatively steady through the first quarter of the year. The heavy traffic index—a rea...

• Rising Fuel Costs Trigger 30% Spending Jump and Shift in Kiwi Consumer Habits

  Published: Apr 3, 2026

  Section: Business

  New Zealanders faced a nearly 30% increase in fuel card spending in March 2026 as global oil prices surged due to the conflict in Iran. Data from the nation’s largest bank shows th...

• New Zealand Card Spending Data Reveals 30% Surge In Monthly Fuel Bills As Consumers Pivot To Electric Vehicles

  Published: Apr 3, 2026

  Section: Global Economy

  Data from New Zealand’s largest bank indicates that card spending at fuel stations jumped nearly 30 percent in March, driven almost entirely by rising costs rather than increased c...