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15 Feb 2025 11:03
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  •   Home > News > Business

    The economy could be slowing down more than expected

    The economy could be slowing down more than expected

    18 June 2024
    NZIER is revising down its forecasts for annual average GDP growth, to 0.2 percent in the year to March this year, and 0.6 percent in the year to March next year.

    It says high interest rates are continuing to dampen demand.

    But Principal Economist Christina Leung says strong migration growth should ensure the economy starts growing again.

    She says migration is expected to support demand across a range of areas, particularly when it comes to construction.

    © 2025 Newstalk ZB, NZCity


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     14 Feb: Confirmation, Kinleith Mill at Tokoroa will permanently end paper production from June
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    The Crusaders have confirmed the worst for hooker George Bell More...


    BUSINESS BUSINESS
    'Energy prices could and should be lower', but are retailers profiteering? More...



     Today's News

    Rugby:
    The Crusaders have confirmed the worst for hooker George Bell 10:46

    Rugby League:
    Waikato Stadium's looking ahead to a busy winter sports season 10:26

    Cricket:
    Black Caps fast bowler Ben Sears has been ruled out of next week's Champions Trophy with a hamstring injury 9:56

    Health & Safety:
    Calls for the Government to push forward with funded health checks for intellectually disabled people - now it's got the research to back it 9:26

    Cricket:
    The Auckland Aces have moved to the top of cricket's Ford Trophy ladder after a 71-run win over last-placed Northern Districts at Eden Park's outer oval 9:16

    International:
    Three Israeli hostages to be released from Gaza on Saturday named 9:06

    Rugby:
    The Highlanders are lamenting a lack of ruthlessness after losing their opening Super Rugby Pacific match at the death, 37-36 to the Waratahs in Sydney 8:26

    Motoring:
    The Wellington Phoenix are ruing a lack of execution in the box in the wake of their 1-nil A-League defeat by the Melbourne Victory away 8:16

    Business:
    'Energy prices could and should be lower', but are retailers profiteering? 8:06

    Business:
    South Waikato's council is aiming to promote growth in the area despite the ceasing of paper production at Tokoroa's Kinleith Mill 8:06


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