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3 Jul 2025 8:42
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      Home > News > Business

    More cash swirling around in the economy seems to have contributed to an impressive GDP figure

    More cash swirling around in the economy seems to have contributed to an impressive GDP figure


    Gross Domestic Product rose 2.8 percent in the June quarter, driven by activity in accommodation and food services.

    Herald Business editor-at-large Liam Dann says 50 billion dollars from the Government's coffers has been circulating - and Kiwis haven't been able to spend much overseas.

    He says it shows the economy wasn't just booming, it was bumping up against all sorts of constraints.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     02 Jul: Woolworths is recalling potentially plastic-infused mince, sold in its North Island stores
     02 Jul: The Commerce Commission's issued a warning to Foodstuffs North Island, over an alleged breach of the Grocery Supply Code
     02 Jul: Air New Zealand is adding 127-thousand seats to Christchurch for the Special Olympics
     01 Jul: New World is launching a reusable container trial in September
     Top Stories

    RUGBY RUGBY
    The Junior Tall Blacks have advanced to the last eight of the under-19 basketball World Cup for the first time More...

    BUSINESS BUSINESS
    A clear message from the Government -- New Zealand can't succeed, if Auckland doesn't succeed More...


     Today's News

    		 Basketball:
    The Junior Tall Blacks have advanced to the last eight of the under-19 basketball World Cup for the first time 8:37

     Entertainment:
    Cory Monteith's parents have died within weeks of each other 8:36

     Law and Order:
    Sean 'Diddy' Combs found not guilty of sex trafficking and racketeering but guilty of transport for prostitution 8:27

     Business:
    A clear message from the Government -- New Zealand can't succeed, if Auckland doesn't succeed 8:17

     Business:
    Bosses at some state-owned enterprises are continuing to be rewarded pay increases, while their companies' profitability tanks 8:07

     Entertainment:
    Suzanne Somers' husband "missed dating" after her death 8:06

     International:
    Genome of ancient Egyptian entombed 5,000 years ago sequenced for the first time 7:57

     Politics:
    The Minister for Children's 41-million dollar workforce investment is expected to train and retain youth care staff 7:57

     Law and Order:
    Police are still piecing together what happened to a newborn baby, found dead in a wheelie bin in Auckland on Tuesday night 7:47

     Environment:
    People are already leaving their homes at the top of the South Island, as the flood-hit region faces another round of heavy rain 7:47

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