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5 Feb 2026 13:48
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  •   Home > News > Business

    More cash swirling around in the economy seems to have contributed to an impressive GDP figure

    More cash swirling around in the economy seems to have contributed to an impressive GDP figure


    Gross Domestic Product rose 2.8 percent in the June quarter, driven by activity in accommodation and food services.

    Herald Business editor-at-large Liam Dann says 50 billion dollars from the Government's coffers has been circulating - and Kiwis haven't been able to spend much overseas.

    He says it shows the economy wasn't just booming, it was bumping up against all sorts of constraints.

    © 2026 Newstalk ZB, NZCity

     Other Business News
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     05 Feb: More uncertainty for dairy farmers who supply Canterbury milk processing firm Synlait
     05 Feb: Auckland and Wellington are bearing the brunt of the latest unexpected rise in unemployment
     04 Feb: A warning we've been burnt by high hopes for economic recovery
     04 Feb: A move from the Warehouse Group to cut a chunk of head office roles has come as no surprise to the retail sector
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     Today's News

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    Law and Order:
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    Business:
    House prices are expected to rise as the year goes on - on the back of increased sales activity 12:27

    Entertainment:
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    Athletics:
    New Zealand's Winter Olympic chef de mission Marty Toomey has praised his team's experienced athletes for easing the nerves of the debutants 11:57


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