New Zealand
New Zealand’s economic woes cast a shadow on its Budget
GDP growth is expected to be 1.7 per cent in the 12 months ending June 30, 2026
New Zealand central bank says policy path not preset, guided by inflation outlook
[WELLINGTON] New Zealand’s top central banker said on Wednesday (Dec 10) that there was no preset course for monetary policy and that adjustments would be made if the outlook for inflation changed.
New Zealand to lift planning ‘handbrake’ and accelerate housing growth
The government is delivering on a pledge to reform the RMA, which has been in place since 1991
Ikea opens its farthest store from Sweden in New Zealand
[AUCKLAND] Ikea opened its first store in New Zealand on Thursday, entering its 64th market and marking the furniture retailer’s most distant outpost from its native Sweden.
New Zealand residential building gain signals economic growth
Construction has been slow to recover from a sharp downturn in 2024 when the economy slumped into recession
New Zealand consumer confidence hits highest level since June
[SYDNEY] Consumer confidence in New Zealand rose in November to its highest level since June, ANZ-Roy Morgan data showed on Friday, as shoppers bought more discretionary items and retailers saw improv...
New Zealand business confidence jumps in November to highest in a decade
[SYDNEY] New Zealand’s business confidence jumped in November to its highest level in 11 years, suggesting an economic recovery was underway, an ANZ Bank survey showed on Thursday.
New Zealand central bank says economic recovery picking up
[AUCKLAND] Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank of New Zealand Governor Christian Hawkesby told a parliam...
New Zealand central bank cuts cash rate by 25 bps to 2.25%
Policymakers signal likely end to easing cycle as economy shows early signs of picking up
New Zealand’s slow population growth hampers economic recovery
Gross domestic product has contracted in three of the last five quarters to June