Like its counterparts around the world, the conservative National government in New Zealand is imposing an economic austerity program in response to the new phase of the global economic crisis ...

WELLINGTON (Reuters) - New Zealand will not revise its economic and fiscal plans despite the turmoil in the global financial markets triggered by U.S. President Donald Trump's tariff plans ...

New Zealands core inflation eased slightly in the second quarter, according to the Reserve Bank of New Zealand (RBNZ). The central banks sectoral factor model showed core inflation at 2.8% ...

New Zealand's economy rebounded sharply last quarter as a lifting of coronavirus restrictions and the return of tourists ... That helped lift the expenditure measure of GDP by a brisk 2.1% for the ...

New Zealand Finance Minister Nicola Willis said this year’s budget will seek to remove barriers to economic growth as she targets an earlier return to surplus than is currently forecast.

Budget deficit forecast for current year ending June 2025 widens from May estimate Weaker economy reinforces need for cost-saving measures -finance minister Treasury expects economy contracted in ...

Once an outperformer, New Zealand faces double-dip recession. Measures that helped New Zealand weather COVID, including closing its borders to tourism, are now hurting its economy.

At Davos in January, the prime minister, Jacinda Ardern, noted that country’s economy was already healthy by standard measures, projecting 3% growth, with 3.9% unemployment.

New Zealand’s economy is healthy enough, but the country is still experiencing a suicide crisis. Of course, growth is an aggregate measure — some parts of the economy rise while others ...

As a measure of historic decline, New Zealand was third in the world in terms of GDP per capita in the 1950s but is now ranked 37th. September quarter economic activity declined in 11 of the 16 ...