AGP Executive Report
Last update: 9 hours agoTrade and exports: New Zealand goods exports hit a record in October, but the trade deficit rose to a one-year high. Manufacturing growth eased to 54.9 as inventory rebuilding outpaced output. Regional ties: APEC leaders meet in Shenzhen this week amid US-China tensions, with trade and economic cooperation on the agenda. For NZ-India trade, 17 agencies have been cleared to issue export certificates under the pact. Business and finance: TSB and Heartland have pushed their merger completion to March 2027. KiwiSaver hardship withdrawals reached $443.6 million. Agriculture: Rabobank forecasts New Zealand beef production will rise 8.8% in 2027, against a global decline, while a US investigation into lamb imports poses a trade risk. Digital resilience: Microsoft’s global outage has renewed concerns about New Zealand’s reliance on shared technology services and the protection of critical infrastructure.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.