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NZ Business Update – 8 March 2023


How to spot fake census accounts

Kiwis are being attacked by fake accounts online claiming to be gathering data for the 2023 census. Learn how to identify and report fake accounts here.


Toblerone is no longer Swiss enough to have the Matterhorn on its packaging

Mondelez, the US parent company of Toblerone, is moving some of its production to Slovakia. Because Switzerland has laws regulating the use of national symbols, the change could see the Matterhorn disappear from the packaging because it will no longer meet the country’s standard of ‘Swissness.’


How much will your mortgage cost when renewed

New Zealanders are in for a mortgage shock, as the official cash rate is at its highest since 2008. As mortgage terms end, many of us will face much higher payments than we locked in years ago when rates were low.


Working remotely becomes the new normal

Eighty percent of organizations worldwide allow some form of remote work, and 27 percent allow employees to work entirely remotely without ever going to the office.


Why do we pay much higher home loan rates than those overseas?

New Zealand borrowers are paying home loan rates that Australian and British borrowers “wouldn’t touch with a barge pole.” As a result, the Commerce Commission is being pressed to conduct a market study.


Women trail men in home ownership

Female-only ownership of dwellings was 22 percent, compared to male-only ownership at 22.5 percent. While the gap between women and men who own homes appears to be closing, the reality is that many people are opting for joint ownership as prices rise.


Business earnings are reason for hope, but many remain guarded

The first corporate reporting season of the year has come in and has mostly delivered to expectations. However, many publicly listed companies remain cautious.


Improve the sustainability of your supply chain

The Ministry of Business, Innovation & Employment has put together this guide to help protect your business’s supply chain. Learn more here.


Get in touch

Contact us if you have any questions or want to discuss the next steps for your business.

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