The Israel-Iran conflict has continued on for a week - and it's seen markets dropping as more fear the conflict intensifying.

Experts also believes markets are likely to drop further if the US gets more involved in the conflict.

Sam Dickie from Fisher Funds explains the market impact of the conflict.

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New data out of Stats NZ reveals the country's gross domestic product grew by 0.8 percent in the first quarter of 2025.

It's a stronger result than predicted by the Reserve Bank and Treasury.

NZ Herald business editor at large Liam Dann unpacks these results - and voices his concerns about the future.

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Federated Farmers is calling on Revenue Minister Simon Watts to rule out new changes to the Fringe Benefit tax that would impact utes.

The IRD has proposed major changes to the way FBT applies to utes and farmers are concerned this would set them back thousands of dollars a year.

Federated Farmers' transport spokesperson Mark Hooper says this issue started drawing in more attention post-Fieldays.

"We've had a little bit of communication with the minister's office - as I said, we looked at it from a farm perspective, we could see that there were some issues with the categories they had laid out."

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