RBNZ governor Breman said he expects economic growth to strengthen over the next year and for labour market outcomes to improve.

An internal IAEA report says the agency cannot verify the location or current status of Iran’s near‑weapons‑grade enriched uranium because Iran continues to deny IAEA inspectors access to its nuclear facilities. IAEA Director General Grossi said "the agency cannot obtain information on these nuclear materials nor access the facilities to verify them; this has become a worrying proliferation issue," and urged Iran to allow inspectors in "without delay." The report was submitted to members ahead of next week’s Board of Governors meeting in Vienna, where members will consider a resolution condemning Iran. The release coincides with a new round of reciprocal US‑Iran attacks.

Chevron (CVX.N) expects total project costs in Venezuela to be below $20 per barrel.