Welcome to our first 2025 newsletter covering key commercial developments in New Zealand.

The mood is cautiously optimistic, with inflation at 2.2% for the year ended December 2024, interest rates predicted to fall further in 2025 and business confidence at its highest levels since 2021.

Despite high business confidence and keen investors, we are expecting a volatile year for New Zealand’s capital markets. The economy is heading in the right direction, but further interest rate cuts would provide a much-needed boost after a challenging 2024.

We see growing opportunities in key sectors like energy and infrastructure, and New Zealand tech companies remain sought after, while increased restructuring and liquidations offer strategic entry points for investors.

Please get in touch with any of our contacts if you would like to discuss an issue or development in the update.