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6 May 2024 7:37
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      Home > News > Business

    Public sector cuts could be to blame for poor economic outlook

    Public sector cuts could be to blame for poor economic outlook

    26 April 2024
    ANZ figures show consumer confidence dropped this month, reaching levels close to the 2008 financial crisis.

    Wellington faced the biggest dip, being described as the country's most downbeat region.

    ANZ senior economist Miles Workman says shrinking the public sector has widely felt effects.

    He says retail and hospitality businesses in the capital will be feeling the impacts of lower demand.

    © 2024 Newstalk ZB, NZCity


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     Today's News

    		 International:
    How modelling agent Chelsea Bonner is taking on artificial intelligence to avoid 'cataclysmic step backwards' for industry 7:27

     Business:
    The fashion industry's urging the government to come to the table and engage with the sector 7:27

     Environment:
    It's set to be another chilly night across the South Island 7:17

     Business:
    New Zealanders are being urged not to let their insurance lapse, as premiums continue to rise at recent pace 7:07

     International:
    These Russian convict soldiers earned their freedom in Ukraine. When they got home, some killed again 7:07

     Law and Order:
    Serious concerns over the increasing rate of dog attacks on children 6:47

     Entertainment:
    Whoopi Goldberg's mum forgot who the actress was after being subjected to years of electroshock therapy 6:14

     Golf:
    Golfer Daniel Hillier has finished in a tie for 23rd at the European Tour's tournament in China this week 21:57

     Entertainment:
    Gwyneth Paltrow feels "guilty for any misstep" as a parent 21:44

     Rugby League:
    The Warriors admit there's a lot of work to be done after they suffered another loss in league's NRL 21:17

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