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21 Dec 2024 11:01
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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
     21 Dec: Industrial-zoned land shortages in Auckland means Briscoes has turned to Drury for a new project
     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
     Top Stories

    RUGBY RUGBY
    A replacement has been found for Liam Lawson at the Racing Bulls Formula One team, following the Kiwi's promotion to Red Bull More...

    BUSINESS BUSINESS
    Industrial-zoned land shortages in Auckland means Briscoes has turned to Drury for a new project More...


     Today's News

    		 Accident and Emergency:
    At least seven people have died on New Zealand's roads in the past three days 10:57

     Living & Travel:
    An early Christmas present for Breakers coach Petteri Koponen amid his side's seven-game losing streak in the Australian NBL 10:47

     Golf:
    A spot on the Ladies European Golf Tour next season has been secured for Kaiapoi golfer Amelia Garvey 10:27

     Entertainment:
    Ariana Grande would love to perform alongside Cynthia Erivo at the Oscars 9:29

     Environment:
    A miserable start to the weekend for most of the country 9:27

     Entertainment:
    Ariana Madix has encouraged the new cast of 'Vanderpump Rules' to "forge their own path" 8:59

     Law and Order:
    Dominique Pelicot is a convicted rapist. He's also being investigated over an unsolved murder and attempted rape 8:57

     Entertainment:
    Gracie Abrams loves "being alone" 8:29

     International:
    Australian exporters want a growing middle class in Asia, but there are signs it's shrinking in Indonesia 8:27

     Basketball:
    Breakers coach Petteri Koponen is championing the work ethic of Next Star Karim Lopez despite the 92-84 Australian basketball league loss to the Sydney Kings at Spark Arena 8:07

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