Employer Bulletin | 21 September 2026
Here's what is leading the news for employers this week:
New Zealand’s seasonally adjusted current account deficit was $3.8 billion in the June 2026 quarter, $666 million narrower than in the March 2026 quarter, according to figures released by Stats NZ.
A $712 million narrowing in the primary income balance deficit was the main contributor to the narrowing figure. The primary income deficit is the difference between New Zealand’s overseas investments income and outflow going to foreign investment here.
In the June 2026 quarter, the primary income deficit was $2.3 billion, compared with $3.1 billion in the March 2026 quarter. The goods deficit balance widened by $416 million in the June 2026 quarter. The services balance changed by $300 million, from a deficit in the March 2026 quarter, to a surplus in the June 2026 quarter.
New Zealand’s annual current account deficit was $14.6 billion, 3.2 percent of gross domestic product (GDP), in the year ended 30 June 2026. This compares with a $13.7 billion deficit in the year ended 31 March 2026 – 3 percent of GDP.
In today’s Bulletin:
Skipping process mars strong case for dismissal
Employee receives backtrack on promises to allow appointments during work
Employee experiences disadvantage from employer circumventing IRD dues
Employee owed astounding wage figures after wrongful dismissal
Authority assesses applicability of collective agreement terms
Six news updates of interest for employers including:
Current account deficit $3.8 billion for the June 2026 quarter
Record number of Australian visitors boosts NZ tourism
GDP increases 0.2 percent in the June 2026 quarter
India FTA passes with significant majority
Unlocking Auckland city centre after City Rail Link
Work-related health newsletter – September 2026
Active Investor Plus: New managed fund requirements from 28 September
Historic Otago bridge set for replacement
Three Bills open for submission
If you have any questions, about this case or other employment relation matters, call the Advice Line team on 0800 800 362.
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