Category: nzealand

The National Cyber Security Centre (NCSC) in New Zealand has released its annual Cyber Threat Report, highlighting a record-high 28% of cyber incidents as likely criminal or financially motivated. This surpasses state-sponsored activity, accounting for 23% this financial year compared to 34% in the previous year. Key Points: https://www.ncsc.govt.nz/news/record-high-financially-motivated-cyber-activity/

The New Zealand National Cyber Security Centre (NCSC) has issued a Cyber Security Alert highlighting three high-severity Common Vulnerabilities and Exposures (CVEs) impacting ownCloud, an open-source software designed for file sharing and synchronization in distributed and federated enterprise environments. The identified CVEs and their respective impacts are as follows: https://www.ncsc.govt.nz/news/cves-affecting-owncloud/

A recent report by Stats NZ reveals a significant surge in the cost of living for New Zealand households, recording a 7.4% increase in the 12 months leading up to the September 2023 quarter. This follows a 7.2% rise in the preceding 12 months. Factors Driving the Increase The surge in living costs was attributed…

Statistics New Zealand’s latest data reveals a continued drop in the total value of goods exported to China, reaching $19.3 billion in the year ending September 2023. This decline has been ongoing since May 2023. China accounted for 27% of New Zealand’s total goods exports ($70.4 billion) in the year ending September 2023, highlighting a…

In the June 2023 quarter, New Zealand’s household net worth experienced a decline of $33.5 billion (1.5%), marking the sixth consecutive quarterly decrease, as revealed by Stats NZ. Over the past six quarters, household net worth has plummeted by $255.2 billion, following a growth period until the December 2021 quarter. Net worth, defined as the…

In September 2023, food prices in New Zealand experienced a substantial 8.0% increase compared to the same month in 2022, as reported by Stats NZ. Annual Changes The primary contributing factor to this surge was the grocery food category, encompassing non-perishables and dairy products. Notably, items like fresh eggs, potato crisps, and lollies were the…

In the year ending August 2023, New Zealand witnessed a 17% decline in newly consented homes compared to the previous year, according to data released by Stats NZ. The total number of new homes consented during this period was 42,110, continuing the downward trajectory from the peak of 51,015 in May 2022. Key Points: While…

In a positive turn of events, New Zealand’s gross domestic product (GDP) rebounded with a growth of 0.9% in the June 2023 quarter, as revealed by the latest quarterly figures from Stats NZ. This follows a flat March 2023 quarter, indicating a resurgence in economic activity. Key Points: This rebound in economic indicators signifies resilience…

The Government Communications Security Bureau’s National Cyber Security Centre (NCSC) in New Zealand has unveiled a new resource aimed at assisting business leaders and cyber security professionals in comprehending and managing cyber security investments effectively. Structured Approach: Lisa Fong, Deputy Director-General of GCSB and responsible for NCSC, emphasized the need for a well-structured approach to…

In a recent report by Stats NZ, it has been revealed that New Zealand experienced a substantial surge in food prices, with an annual increase of 8.9% in August 2023 compared to the same month in the previous year. Grocery Food Leads the Charge The leading contributor to this significant rise in food prices was…

According to the latest data released by Stats NZ, the number of new homes consented in New Zealand in July 2023 has decreased significantly compared to the same month in the previous year. Here are the key highlights: 1. Sharp Decline in Home Consents: In July 2023, there were 3,058 new homes consented, marking a…

In a significant move towards bolstering its cybersecurity efforts, New Zealand has initiated the formation of a lead operational cyber security agency. CERT NZ, the country’s Computer Emergency Response Team, has officially joined forces with the National Cyber Security Centre (NCSC) in this pioneering step. Lisa Fong, Head of the NCSC, emphasized that this transition…

In the year leading up to the June 2023 quarter, median weekly and hourly earnings from wages and salaries in New Zealand demonstrated substantial growth, as per data released by Stats NZ today. Median Weekly Earnings Surge Median weekly earnings from wages and salaries recorded a remarkable increase of 7.1 percent, amounting to $84, over…

Retail sales in New Zealand experienced a decline of 1.0 percent in the June 2023 quarter, as per the latest data released by Stats NZ. This follows similar drops of 1.6 percent in the March 2023 quarter and 1.1 percent in the December 2022 quarter, after adjusting for price and seasonal effects. Out of the…

In a significant environmental development, data released by Stats NZ reveals a positive trend: greenhouse gas emissions in New Zealand witnessed a decline in 11 out of 16 regions during the year ending December 2022. Notable Changes: The region of Waikato led the way with the most substantial reduction in total greenhouse gas emissions, marking…

Wellington, New Zealand – The latest figures released by Stats NZ reveal a significant surge in food prices in New Zealand, with an annual increase of 9.6% recorded in July 2023 compared to the same period in 2022. “While the overall pace of food inflation has moderated, it’s worth noting that these levels are reminiscent…