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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 ...
The lesson from all of this New Zealand is running a structural budget deficit . That means the government is spending more than it earns, even accounting for the fact that governments automatically ...
Australia and New Zealand, according to a chorus of doomsayers, are both in terminal decline as productivity falls, living ...
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 ...
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.
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