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20 Dec 2024 18:53
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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

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     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
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