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16 Sep 2025 7:15
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      Home > News > Business

    The economic downturn is affecting some regions more than others

    The economic downturn is affecting some regions more than others


    GDP figures due out on Thursday are expected to show the economy contracted by about 0.3 to 0.4 percent in the three months to June.

    ASB's latest Regional Economic Scorecard shows Wellington fared the worst during the quarter.

    Chief Economist Nick Tuffley says Bay of Plenty, Southland and Otago however did the best.

    He says provincial New Zealand is doing well, particularly in the South Island, and Bay of Plenty is benefiting from its kiwifruit sector.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     15 Sep: Clients and subscribers of former financial adviser David McEwen are being urged to check their bank statements for unauthorised payments
     15 Sep: Ryman Healthcare has bailed on plans for a 240-million-dollar retirement village in one of the most prestigious parts of Christchurch
     15 Sep: Auckland Mayor Wayne Brown says an events funds is a good start but not a long term solution
     14 Sep: Kiwisaver could have some room for improvement with the number of people contributing dropping
     13 Sep: The Powerball's reached ten million dollars in a must be won prize tonight, as Lotto prepares for a technology upgrade
     13 Sep: The retail sector is optimistic for a bumper holiday period
     13 Sep: A view that localism may help the retail sector pull out of its slump
     Top Stories

    RUGBY RUGBY
    Another blow to the All Blacks' halfback stocks More...

    BUSINESS BUSINESS
    Clients and subscribers of former financial adviser David McEwen are being urged to check their bank statements for unauthorised payments More...


     Today's News

    		 Law and Order:
    A sworn police officer is on trial in Christchurch - accused of stealing money handed in to the station by members of the public, and falsifying paperwork to cover her tracks 7:07

     International:
    In the UK's summer of immigration unrest, this small town chased its migrants away 7:07

     Entertainment:
    Shaquille O'Neal "checks in on" Kobe Bryant's mom once a month and sends flowers because he just wants to "make her smile" 7:01

     Entertainment:
    Benson Boone grew emotional as he reflected on how much is "sucks" to have "people leave your life" 6:31

     Entertainment:
    Bryan Cranston was encouraged to try magic mushrooms by Seth Rogen 6:01

     Rugby:
    Another blow to the All Blacks' halfback stocks 5:07

     Soccer:
    The Phoenix have signed Dan Edwards to his first fully-professional football contract 21:57

     Entertainment:
    Brooke Hogan has insisted it was "no surprise" she was left out of Hulk Hogan's will 21:31

     International:
    How much fish is in tinned tuna, and how to shop for your needs 21:07

     Entertainment:
    George Clooney is deeply worried about his children being exposed to social media 21:01

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