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22 Mar 2025 12:48
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  •   Home > News > Business

    Global trade tensions and ongoing cost-of-living pressures have overshadowed the economic outlook

    Global trade tensions and ongoing cost-of-living pressures have overshadowed the economic outlook


    The Westpac-McDermott Miller Consumer Confidence Index dropped to below-average, with uncertainty greatest in Wellington.

    But some positive signs are emerging, including a drop in interest rates.

    Senior Economist Satish Ranchhod is optimistic about the coming year.

    He says we should see economic growth and improvement in the labour market - but it's likely to be gradual.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Business:
    The Warehouse Group's disputing claims their improved financial momentum, is off the back of understaffing 12:27

    Entertainment:
    Madelyn Cline "did not know which way was up" after she split from Chase Stokes 12:14

    Motorsports:
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    Accident and Emergency:
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    Entertainment:
    Benny Blanco has become a "true Swiftie" 11:44

    International:
    Australia's Lachlan Kennedy wins historic silver at World Athletics Indoor Championships 11:17

    Entertainment:
    Gal Gadot wants to "explore the world" with her family 11:14

    Law and Order:
    Heathrow Airport begins scheduling flights after fire leads to major shutdown — as it happened 11:07

    Health & Safety:
    A long waitlist for heart scans is expected to put patients at serious risk 11:07

    Technology:
    In South Korea, people use AI bots to 'chat' with dead loved ones 10:47


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