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5 Nov 2025 23:19
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  •   Home > News > Business

    The Associate Finance Minister says we're not alone when it comes to economic challenges

    The Associate Finance Minister says we're not alone when it comes to economic challenges


    The latest NZIER survey has business confidence at its weakest since March 2020 -- with 62 percent of businesses expecting economic conditions to deteriorate.

    It's prompted ASB to warn of the possibility of stagflation.

    Megan Woods says the Government's taking steps to address issues like the skills shortage.

    She says the next phase of the green list has clicked in, and we're already seeing a number of visas coming to fruition, with people coming on working holidays.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     05 Nov: The long awaited economic recovery could be beginning - with expectation unemployment's hit its peak
     05 Nov: The Reserve Bank says the country certainly isn't out of the woods, but our banks remain well placed to weather what comes next
     05 Nov: Rising unemployment is still being felt more in certain regions, sectors, and age groups
     05 Nov: New vehicle registrations have risen for four consecutive months
     05 Nov: Dairy prices have fallen 2.4 percent at this morning's Global Dairy Trade auction
     05 Nov: An increase in car sales could be a sign of consumer confidence returning
     04 Nov: A rise in building consents is being viewed as a positive sign by the construction sector
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     Today's News

    International:
    Iran, Russia, and India have silenced their critics overseas. Could they do the same here? 22:27

    Motoring:
    Auckland's Lincoln Road on-ramp to State Highway 16 is closed following a tanker truck tipping this evening 21:57

    Entertainment:
    Jennifer Lawrence doesn't talk politics anymore because she doesn't believe celebrities have any sway on who the public votes for 21:37

    Accident and Emergency:
    Police say there's critical injuries after a car hit a powerpole on State Highway 2 near Featherston in South Wairarapa 21:17

    Entertainment:
    Sir Anthony Hopkins is selling his California estate at a huge loss 21:07

    Entertainment:
    Offset is being sued for allegedly attacking a security guard 20:37

    Entertainment:
    Katy Perry seemingly confirmed her romance with Justin Trudeau during a concert this week 20:07

    Entertainment:
    The Prince and Princess of Wales have moved house 19:37

    Entertainment:
    Idris Elba and his wife have reportedly been targeted by a stalker 19:07

    Business:
    The long awaited economic recovery could be beginning - with expectation unemployment's hit its peak 18:57


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