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20 Dec 2024 19:20
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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


    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
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     20 Dec: Beware of bad customers – and 3 other ways small and medium businesses can thrive in 2025
     20 Dec: Another sweet season in the books for kiwifruit growers
     20 Dec: Liquidators have paid out more than 400-million-dollars to around 10-thousand Cryptopia users over the past two days
     20 Dec: Its been a mixed third quarter for the hospitality industry, with significant rises and declines across the sector
     20 Dec: Hospitality businesses in Queenstown have had a standout performance in the third quarter compared to other parts of the country
     Top Stories

    RUGBY RUGBY
    Kiwi Formula One driver Liam Lawson is ready to get his notepad out and learn under Red Bull teammate and four-time world champion Max Verstappen next year More...

    BUSINESS BUSINESS
    Retailers are seeing signs of a slow turnaround in consumer confidence More...


     Today's News

    		 Entertainment:
    Adriana Lima has married her partner Andre Lemmers in secret 18:59

     Rugby:
    Kiwi Formula One driver Liam Lawson is ready to get his notepad out and learn under Red Bull teammate and four-time world champion Max Verstappen next year 18:57

     Law and Order:
    New evidence may be presented in the murder case of two Swedish tourists in 1989 18:37

     Politics:
    Lawsuit claims US government failed to evacuate Palestinian Americans trapped in Gaza 18:37

     Entertainment:
    Ariana DeBose has become "healthier" since she learned to deal with criticism 18:29

     Politics:
    US Congress rejects Trump-backed spending plan leaving government on brink of shutdown 18:27

     Health & Safety:
    There are significant delays to bowel screening in Palmerston North 18:07

     Netball:
    Shooter Martina Salmon's stellar Fast5 campaign has seen her called into the Silver Ferns training squad for their camp in Sydney next month 18:07

     Entertainment:
    Hoda Kotb has been embracing the idea of "suburban mom life" since announcing her exit 'The Today Show' 17:59

     Entertainment:
    Jim Carrey has a "new appreciation" for acting following his break from Hollywood 17:29

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