Reuters. FILE PHOTO: A sailing boat can be seen in front of the central business district (CBD) of Wellington in New Zealand, July 2, 2017. Picture taken July 2, 2017.

WELLINGTON (Reuters) - The New Zealand central bank's operating budget will be cut by roughly 25% in the coming fiscal year and set at roughly NZ$150 million ($88.50 million) for each of the next ...

New Zealand Finance Minister Nicola Willis said on Tuesday baseline spending in the 2025 budget would be reduced to NZ$1.3 billion ($777.14 million) from a forecast of NZ$2.4 billion, as she ...

New Zealand Finance Minister Nicola Willis announces 2025 budget [Photo: X/Nicola Willis]. Finance Minister Nicola Willis asserted that the budget was “not austerity—far from it,” saying ...

New Zealand budget 2025: It outlines changes to KiwiSaver and benefits. Tax breaks for businesses are included. The budget aims to balance cuts with new spending. Health, education, law and order ...

RNZ chief executive pays tribute to one of his most loyal lieutenants - will her departure spark a top table overhaul, amid ...

But while the cuts have led to public sector strikes, the latest polls indicate that the current coalition of the National Party, New Zealand First and ACT would retain power in an election.