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21 Dec 2024 0:22
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      Home > News > Politics

    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 Politics News
     20 Dec: Lawsuit claims US government failed to evacuate Palestinian Americans trapped in Gaza
     20 Dec: US Congress rejects Trump-backed spending plan leaving government on brink of shutdown
     20 Dec: 3D-printed guns, like the one allegedly used to kill a health care CEO, are a growing threat in the US and around the world
     19 Dec: Sydney trains strike fears after court ruling gives rail union green light for industrial action
     19 Dec: The Government is proposing a law change to enshrine free speech at New Zealand Universities
     19 Dec: Penny Wong announces Australia will reopen embassy in Kyiv almost three years after its closure
     19 Dec: UK court rules police can seize more than $4m in unpaid taxes from Andrew Tate and brother Tristan
     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:
    Stephen Baldwin says Jack Blues Bieber is "looking cuter than ever" 21:59

     Law and Order:
    A social media post has led to the arrest of several gang members for allegedly breaching the gang patch ban 21:57

     Entertainment:
    Tom Holland's romance with Zendaya is the "best thing that's ever happened" to him 21:29

     Auckland:
    A man has been seriously injured following an physical altercation between a group of people near Auckland's Western Motorway 21:17

     Entertainment:
    Brenda Lee "never realised" just how poor she was growing up 20:59

     Entertainment:
    Harry Hamlin lets Lisa Rinna choose her own Christmas gifts 20:29

     Entertainment:
    Jane Seymour is suffering from "post-traumatic numbness" after a wildfire forced her to flee her home 19:59

     Entertainment:
    Nicole Kidman planned to give up acting completely after giving birth to her daughter Sunday 19:29

     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

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