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27 Sep 2020 13:55
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  •   Home > News > Business

    The country's posted a surplus for the first time in 11 years, meaning we earned more from the rest of the world ... than we spent

    The country's posted a surplus for the first time in 11 years, meaning we earned more from the rest of the world ... than we spent


    Stats NZ says we made a seasonally adjusted surplus of half a billion dollars in the June 2020 quarter, the biggest since 1971.

    International statistics senior manager, Peter Dolan, says there was a slump in demand for oil imports and international tourist spending.

    But it was countered by dairy exports, which pushed the current account into the black.

    © 2020 Newstalk ZB, NZCity


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     Today's News

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    International:
    Supreme Court announcement updates: Donald Trump names Amy Coney Barrett to replace Ruth Bader Ginsburg 13:37

    Environment:
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    Accident and Emergency:
    A fire along thev Nuhaka-Opoutama Road in windy conditions in the Mahia area south of Gisborne was caused by falling powerlines 13:17

    Motorsports:
    New Zealand's Scott McLaughlin has secured pole for today's opening Supercars race at The Bend in South Australia, strengthening his hopes of securing the driver's title this weekend 13:17

    International:
    Kathrin has been 'brainwashed' by a nation before — now she's worried her friends are becoming 'converts' 12:46

    Living & Travel:
    Donald Trump nominates Amy Coney Barrett for US Supreme Court seat left vacant by Ruth Bader Ginsburg 12:46

    Motoring:
    All lanes on Auckland's Harbour bridge remain open, with the forecast winds not as strong as first thought 12:36

    Rugby:
    A selection luxury Otago has to boast over their Ranfurly Shield counterparts this afternoon 12:26

    Politics:
    National leader Judith Collins doesn't think there's anything new in Labour's latest plastic policy 11:36


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