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Beware of setting the goal for inflation at 2 percent and tack toward a restoration of honest money.
The right-wing government aims to double military spending while cutting public healthcare, driving down wages, reducing ...
Moody's Ratings on Friday downgraded the nation's debt, citing the potential for the new bill to add $4 trillion to the federal primary deficit, which excludes interest payments, over the next decade.
New Zealand budget 2025: It outlines changes to KiwiSaver and benefits ... the government is expected to stay in deficit until 2028, with a narrow ($200m) surplus forecast for 2029. However, by the ...
New Zealand will post a $14.7 billion deficit next year and stay in the red for at least another four years according to gloomy forecasts in its latest budget.
The New Zealand government warned Thursday further near-term budget deterioration with the country’s nascent economic ...
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.
New Zealand on Thursday set new spending for the current fiscal year at its lowest in a decade, keeping a tight rein on its ...
A fresh analysis from the Congressional Budget Office said the tax provisions would increase the federal deficit by $3.8 trillion ... while adding new ones he campaigned on during the 2024 ...
The New Zealand Green Party, a key ally of the opposition Labour Party, last week released a 40-page alternative budget ahead of the current right-wing coalition government’s austerity budget ...
Wellington | At a trendy cafe in downtown Wellington, job seekers gather to share tips on how to find work in New Zealand’s capital, where deep government spending cuts have led to thousands of ...