The New Zealand government warned Thursday further near-term budget deterioration with the country’s nascent economic recovery at risk from a slowdown in world growth and the potential for ongoing ...

Net debt is forecast to peak at 43.5 percent of GDP in 2025 and is forecast to remain above the government's 40 percent ceiling for the following three years.

Without naming US President Donald Trump, the Finance Minister of New Zealand, Nicola Willis, mentioned that the country is ...

New Zealand will post a $14.7 billion deficit next year and stay in the red for at least another four years according to ...

New Zealand’s government is introducing a new tax incentive to increase business investment as it seeks to lift productivity and stoke economic growth. Firms will be able to deduct 20 percent of the ...

Despite this uncertainty, governments have to assume paths for revenue and expenditure to make meaningful plans.

Nicola Willis calls the New Zealand coalition government's second budget the "growth budget" but a pathway back ...

The fiscal update forecasts the budget deficit will widen to around 12.1 billion New Zealand dollars, equivalent to US$7.2 billion, in fiscal 2026, up from a deficit of NZ$10.1 billion in fiscal 2025.