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31 Dec 2024 6:39
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      Home > News > Business

    The Finance Minister believes New Zealand is through the worst of it - in terms of economic pain

    The Finance Minister believes New Zealand is through the worst of it - in terms of economic pain

    20 December 2024
    Figures from Statistics New Zealand show GDP's fallen one percent in the three months to September - a larger fall than predicted by some economists.

    It makes it the weakest six months for the economy since 1991 - when NOT considering the Covid years.

    Finance Minister Nicola Willis says business owners are tough and resilient.

    She says we have good times ahead - with lower interest rates.

    © 2024 Newstalk ZB, NZCity


     Other Business News
     30 Dec: Two dead, nearly all ports closed as 4m-high waves batter Ecuador and Peru
     30 Dec: An increase in demand from Kiwis to see in 2025 from Asia
     28 Dec: The federal government plans to require some businesses to accept cash. But is there still a need for it?
     28 Dec: It's been a buyers property market this year, with a downward trend for home values
     28 Dec: Tourism New Zealand's reflecting on the year that's been for the industry
     27 Dec: Kiwis spent big on Boxing Day bargains
     27 Dec: From new commercial Moon landers to asteroid investigations, expect a slate of exciting space missions in 2025
     Top Stories

    RUGBY RUGBY
    Lydia Ko has been appointed a Dame in the New Year's Honours list for services to golf, coming off a year where she completed an Olympic trifecta of medals with gold in Paris More...

    BUSINESS BUSINESS
    Two dead, nearly all ports closed as 4m-high waves batter Ecuador and Peru More...


     Today's News

    		 Rugby:
    Lydia Ko has been appointed a Dame in the New Year's Honours list for services to golf, coming off a year where she completed an Olympic trifecta of medals with gold in Paris 6:27

     Law and Order:
    Armed police have intercepted a suspected robbery in Auckland's Massey at about 3:30 this afternoon 21:57

     Law and Order:
    Eight youths have climbed onto the roof of the Korowai Manaaki youth justice facility in South Auckland's Wiri 21:37

     Business:
    Two dead, nearly all ports closed as 4m-high waves batter Ecuador and Peru 21:07

     Tennis:
    A solid and successful hit-out for Naomi Osaka in round one of tennis' ASB Classic 19:07

     Cricket:
    Young fast bowler Zak Foulkes is being hailed as a star of the future as the Black Caps get set for tonight's second T20 cricket clash with Sri Lanka in Mount Maunganui 18:57

     Boxing:
    A big breakthrough in the shadows of lunch in the Boxing Day cricket test in Melbourne.. 18:37

     Health & Safety:
    Family of Gaza doctor fear for his safety as Israel claims arrests of October 7 attackers 18:17

     Accident and Emergency:
    A person's in critical condition after a traffic-related incident in the Taranaki town of Bell Block 18:07

     Motoring:
    The Marlborough District Council's recommending people keep clear of waterways and take care on the roads 17:27

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