News | Business
19 Dec 2024 14:02
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Some good news, despite revelations New Zealand's in a deep recession

    Some good news, despite revelations New Zealand's in a deep recession


    Stats NZ figures out today show GDP fell one percent in the three months to September, ending the weakest six months for the economy since 1991 - excluding the Covid years.

    Activity declined in 11 of the 16 industries measured.

    The Herald's Liam Dann says the past quarter marks a low point for the economy, and it'll be recovery from here.

    He says today's revised figures also had another surprise.

    Dann says it shows there was no recession in 2023.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     19 Dec: Vanuatu's tourism operators hope Australian visitors will help post-earthquake recovery
     19 Dec: The US Federal Reserve has cut interest rates by 25 basis points, marking its third cut this year
     19 Dec: Consumer confidence is rising at Christmas, but economists doubt it will translate into more spending
     19 Dec: Infrastructure investment is being held up as being paramount to keeping New Zealand's economy on the right track
     18 Dec: A small reduction to New Zealand's current account deficit
     18 Dec: High Performance Sport New Zealand is putting faith in cycling in the next Olympic cycle - boosting funding for the sport by 770 thousand dollars, with canoe racing and athletics also seeing sizeable jumps in support
     18 Dec: Hugh Marks is the new managing director of the ABC. Is he the right person for the job?
     Top Stories

    RUGBY RUGBY
    All Blacks and Hurricanes back Ruben Love will miss the start of the 2025 Super Rugby season More...

    BUSINESS BUSINESS
    Some good news, despite revelations New Zealand's in a deep recession More...


     Today's News

    		 Entertainment:
    Remi Bader has had to move out of her apartment after going through a "traumatic" breakup 13:59

     Auckland:
    A desire to provide a unique match-day experience is behind Auckland FC trucking in more than 100 tonnes of sand for their next three A-League home games 13:47

     Entertainment:
    Kristen Bell is to host the SAG Awards 2025 13:29

     Cricket:
    White Ferns captain Sophie Devine is eager to play on New Zealand soil for the first time as a world champion...but she may have to wait longer than anticipated 13:27

     International:
    Bali bombing 'gophers' released from Guantanamo Bay and returned to Malaysia 13:17

     Motoring:
    One person has died and two others have been severely injured - after a crash on State Highway 25, at Orongo, in Waikato 13:07

     Politics:
    The Government is proposing a law change to enshrine free speech at New Zealand Universities 13:07

     Entertainment:
    Pink called her husband Carey Hart an "idiot" for signing up for a reality TV show 12:59

     Entertainment:
    Victoria Beckham has "never" had a nose job 12:29

     National:
    NZ’s dairy industry faces an uncertain future – its fate now lies in its ability to adapt 12:07

     News Search




    Power Search

    © 2024 New Zealand City Ltd