Shaw and Partners Director Andrew Kelleher discusses the resilience of New Zealand’s regional export sector and the ongoing strength across key export markets. He also reviews Infratil’s continued focus on infrastructure and data centre investment themes, alongside softer UK inflation data helping ease pressure on global bond markets. Then, onto market figures.

Shaw and Partners Director Andrew Kelleher reviews the latest Global Dairy Trade auction results, with dairy prices continuing to show resilience despite ongoing global uncertainty. He then discusses weaker April electronic card transactions data, softer household spending activity, and the recent decline in bond yields as markets continue to navigate slowing growth and persistent inflation pressures. Then, onto market figures.

Shaw and Partners Director Andrew Kelleher reviews the latest BusinessNZ Performance of Services Index figures, which show New Zealand’s services sector still in contraction, while employment indicators remain weak. He also examines softer economic data from China, as well as rising global bond yields and inflationary pressures. Then, onto market figures.

Shaw and Partners Director Andrew Kelleher reviews New Zealand’s latest migration figures, highlighting signs of stabilisation as net migration trends move back toward historical averages. He also discusses subdued housing market conditions and regional variation across the property sector. He also comments on Air New Zealand’s updated earnings guidance and balance sheet position. Then, onto market figures.