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20 Dec 2024 17:11
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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

     Other Business News
     20 Dec: Retailers are seeing signs of a slow turnaround in consumer confidence
     20 Dec: Cryptopia liquidators have made a huge dent as they look to pay out former account holders
     20 Dec: Beware of bad customers – and 3 other ways small and medium businesses can thrive in 2025
     20 Dec: Another sweet season in the books for kiwifruit growers
     20 Dec: Liquidators have paid out more than 400-million-dollars to around 10-thousand Cryptopia users over the past two days
     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
     Top Stories

    RUGBY RUGBY
    Liam Lawson's climbed a mountain - but the ascent of an even bigger peak is just beginning More...

    BUSINESS BUSINESS
    Retailers are seeing signs of a slow turnaround in consumer confidence More...


     Today's News

    		 Entertainment:
    Jennifer Lopez and Ben Affleck are reportedly planning to stay "connected" after their divorce 16:59

     Law and Order:
    Police have destroyed 300 cannabis plans across three homes in south Auckland 16:57

     Entertainment:
    Matthew Lawrence and Rozonda 'Chilli' Thomas started off as "best friends" 16:29

     Law and Order:
    Ex-All Black Carl Hayman can now be named as the sports star who posted a woman's naked photos online 16:17

     Entertainment:
    Megan Thee Stallion has filed for a restraining order against Tory Lanez 15:59

     Business:
    Retailers are seeing signs of a slow turnaround in consumer confidence 15:37

     Entertainment:
    Tom Cruise has been awarded the US Navy's highest civilian honour for being a "staunch advocate" for the service 15:29

     Soccer:
    The latest signing for the Wellington Phoenix women's team could be a midfield general for the side 15:27

     Entertainment:
    Chance the Rapper's estranged wife Kirsten Corley has filed for divorce 14:59

     Business:
    Cryptopia liquidators have made a huge dent as they look to pay out former account holders 14:47

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