The uncertain economic environment could be the reason for climbing unemployment and declining job ads.

The latest Seek data shows job ads fell 0.8 percent last month, the third consecutive month of decline.

It suggests conditions remain strongest in the South Island, while centres like Auckland, Wellington, and Waikato face greater headwinds. 

Westpac Chief Economist Kelly Eckhold says the labour market has not emerged unscathed from the Iran war. 

"Perhaps at the start of the year, they were looking forward to a much better year, but business confidence really got buffeted around the last three or four months." 

LISTEN ABOVE

The uncertain economic environment could be the reason for climbing unemployment and declining job ads.
The latest Seek data shows job ads fell 0.8 percent last month, the third consecutive month of decline.
It suggests conditions remain strongest in the South Island, while centres like Auckland, Wellington, and Waikato face greater headwinds.&nbsp;
Westpac Chief Economist Kelly Eckhold says the labour market has not emerged unscathed from the Iran war.&nbsp;
"Perhaps at the start of the year, they were looking forward to a much better year, but business confidence really got buffeted around the last three or four months."&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Kelly Eckhold: Westpac Chief Economist on job ads falling for the third month in a row

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bf77fc6b-7c29-4e70-a4cc-b4a400621c5f/transcript

Five cities are in the mix to host the 2028 NRL grand final - and Auckland is the latest to enter the race.

The 2028 decider is up for grabs amid a scheduling clash with Pope Leo XIV’s planned Sydney visit, and Melbourne, Sydney, Perth and Brisbane are all vying for the hosting rights.

Eden Park CEO Nick Sautner says he'd love to see New Zealand's national stadium get this 'mouth-watering' opportunity. 

"We're an intimate, hybrid, multi-purpose stadium, and the Warriors fans across the ditch - when you look at Magic Round at Suncorp Stadium, most of the crowd was actually Warriors fans, so there's no question when you look at participation numbers." 

LISTEN ABOVE

Five cities are in the mix to host the 2028 NRL grand final - and Auckland is the latest to enter the race.
The 2028 decider is up for grabs amid a scheduling clash with Pope Leo XIV’s planned Sydney visit, and Melbourne, Sydney, Perth and Brisbane are all vying for the hosting rights.
Eden Park CEO Nick Sautner says he'd love to see New Zealand's national stadium get this 'mouth-watering' opportunity.&nbsp;
"We're an intimate, hybrid, multi-purpose stadium, and the Warriors fans across the ditch - when you look at Magic Round at Suncorp Stadium, most of the crowd was actually Warriors fans, so there's no question when you look at participation numbers."&nbsp;
LISTEN ABOVE

Nick Sautner: Eden Park CEO on Auckland potentially hosting 2028 NRL grand final

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e145ee9d-c730-4600-8eb2-b4a4006ae880/transcript

Chris Luxon's held on as Prime Minister and National leader, but there's likely to be fallout from the party's recent turmoil.

Luxon's leadership was put to a vote during a near three-hour caucus meeting in Wellington this morning. 

It followed murmurings about a potential coup - with some MPs signalling they wanted Luxon out of the top job. 

Former National Minister Maurice Williamson says these events were still 'damaging' for the current Government. 

"This was just the worst possible thing to be happening to National at this time...he couldn't have left it as business as usual."

LISTEN ABOVE

Chris Luxon's held on as Prime Minister and National leader, but there's likely to be fallout from the party's recent turmoil.
Luxon's leadership was put to a vote during a near three-hour caucus meeting in Wellington this morning.&nbsp;
It followed murmurings about a potential coup - with some MPs signalling they wanted Luxon out of the top job.&nbsp;
Former National Minister Maurice Williamson says these events were still 'damaging' for the current Government.&nbsp;
"This was just the worst possible thing to be happening to National at this time...he couldn't have left it as business as usual."
LISTEN ABOVE

Maurice Williamson: former National Minister on Luxon surviving leadership challenge after leadership vote

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c31405f6-eefb-4424-b163-b4a400662ff2/transcript

National MP Chris Penk's been dumped from Cabinet and his ministerial portfolios, after instigating today's failed coup. 

Prime Minister Chris Luxon managed to fight off the challenge for his leadership - at a three-hour caucus meeting in Wellington today. 

He says Penk's role is now untenable. 

NZ Herald political editor Thomas Coughlan says Penk was likely running the numbers - for Erica Stanford or Chris Bishop to contest the leadership. 

"I think there was a classic stalking horse or sometimes they're called kamikazes - they launched the attacks and destabilised...so that it triggered the confidence vote." 

Paul Goldsmith will pick up the Defence, Veterans, Space, GCSB, and NZSIS portfolios. 

Simon Watts will become Minister for Building and Construction.

LISTEN ABOVE

National MP Chris Penk's been dumped from Cabinet and his ministerial portfolios, after instigating today's failed coup.&nbsp;
Prime Minister Chris Luxon managed to fight off the challenge for his leadership - at a three-hour caucus meeting in Wellington today.&nbsp;
He says Penk's role is now untenable.&nbsp;
NZ Herald political editor Thomas Coughlan says Penk was likely running the numbers - for Erica Stanford or Chris Bishop to contest the leadership.&nbsp;
"I think there was a classic stalking horse or sometimes they're called kamikazes - they launched the attacks and destabilised...so that it triggered the confidence vote."&nbsp;
Paul Goldsmith will pick up the Defence, Veterans, Space, GCSB, and NZSIS portfolios.&nbsp;
Simon Watts will become Minister for Building and Construction.
LISTEN ABOVE

Thomas Coughlan: NZ Herald political editor on Chris Penk losing his portfolios after Luxon coup

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d780f5ff-2e61-4e4b-a097-b4a4005eb899/transcript

Kelly Eckhold: Westpac Chief Economist on job ads falling for the third month in a row

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