The June quarter was marked by a mix of milestones and challenges. The opening of Te Ahu a Turanga: Manawatū Tararua Highway on 11 June strengthened our region’s connections, while the Government’s draft 30-year National Infrastructure Plan placed Manawatū firmly at the heart of New Zealand’s future, with six nationally significant projects located here.  

At the same time, subdued national momentum continues to weigh on households and businesses. The Reserve Bank of New Zealand cut the Official Cash Rate to 3% in August, acknowledging weak demand, rising unemployment, and ongoing cost pressures. Yet locally, there are encouraging signs. Retail spending is showing early recovery, business sales activity remains high, and agriculture is navigating global trade headwinds with cautious optimism. The housing market is stable, with affordability supporting entry into home ownership. 

“Manawatū is stepping up at a critical time for New Zealand. Infrastructure milestones and sector resilience highlight the pivotal role our region plays in connecting communities, supporting national defence, and driving long term growth. While households and businesses navigate economic pressures, the scale of investment underway positions us strongly for the medium to long term future.” 
 
 - Notes Jerry Shearman, CEDA's Tumuaki - Chief Executive.

Commentary and Insights - On the ground

In this edition we talk to Joanna Ochoa from ABC Business Sales about what’s happening on the sale and purchase of business. With sustained growth still needed to support the wider construction industry, we hear from Cameron and Tarsha from Isles Construction. We also spoke to Steph Hines, Director and Co-Founder of KS Agri,about about how farmers are adapting to environmental changes and preparing for new regulations.

Read more in the June 2025 Quarterly Economic Snapshot here ➝