Focus
New Zealand economy
NZ Economy Shrinks Further, but Narrowly Avoids a Recession
The contraction was better than predicted by the Reserve Bank of New Zealand, which had forecast a fall of 0.5 percent.
Reserve Bank, Landlords Drive NZ Consumer Confidence to Near Record Lows
With rental prices a major driver of inflation, and the Reserve Bank refusing to ease interest rates, NZ consumer confidence has plummeted 11 points.
Tax Cuts Meet Services Cuts in NZ Coalition’s First Budget
Finance Minister Nicola Willis has delivered a $14.7 billion tax cut package, but economic forecasts are bad and further cuts to services are planned.
Taxpayers Will No Longer Be Treated Like ATMs: New Zealand PM
Prime Minister Luxon delivered a tough assessment on the state of the nation, saying ’tough choices’ lie ahead.
ANALYSIS: NZ Headed for a Prolonged Recession, New Government Says
The 6-page long ’mini budget' lacked detail on multiple areas.
New Zealand PM Refrains from Condemning Beijing, Plays Up India Trade Prospects
The new government is also moving a raft of new laws to gives business owners more flexibility.
New Zealand’s Migration Levels Not Sustainable: PM
The country is struggling to cope with new infrastructure and housing demands.
NZ Government Aims to Tackle 49 Reforms in Its First 100 Days
The tri-party coalition plans major moves on infrastructure, health, education, and criminal justice.
