Economy
'Backbone of New Zealand': Luxon says farmers pulling NZ out of recession
"We are the best farmers in the world," the prime miister says.
Morning Report Essentials for Thursday 17 April 2025
In today's episode, the Reserve Bank's operating budget for the coming year has been slashed by about 25 per cent - we speak to Finance Minister Nicola Willis; the Commerce Commision has found… Audio
2026 GDP forecast takes a hit
The economic forecast for 2026 looks pretty tough for New Zealand. The latest Infometrics forecast predicts a one-point-four percent decline in New Zealand's expected GDP growth in 2026. Chief… Audio
RBNZ faces major budget cuts
The Reserve Bank's operating budget for the coming year has been slashed by about 25 per cent. In a statement released yesterday, RBNZ board chair Neil Quigley said the organisation will need to look… Audio
GDP growth forecast to dip by more than half next year
An economic think tank says the global volatility could not have come at a worse time for New Zealand.
ANZ forecasts further OCR cuts to support economic recovery
ANZ chief economist Sharon Zollner says the current uncertainty surrounding global trade is another headwind for New Zealand's recovery.
'About to be worthless': Air NZ expects $20m of credits to go unclaimed soon
"Some may have forgotten these, moved or found travel plans unfeasible," an investment adviser says.
Evening business for 16 April 2025
News from the business sector, including a market report. Audio
US-China trade war leaves NZ worse off, but still well placed to weather the storm
Analysis: Forecasting the potential impact of Donald Trump's turbulent tariff policies is a fraught business - and fraught for business.
NZ population passes 5.3 million
The New Zealand population has now surpassed 5.3 million people, with the North Island alone exceeding four million people. Stats NZ population analyst Kim Dunstan spoke to Charlotte Cook. Audio
Tariff turmoil fails to dampen dairy demand
Prices have risen in the latest global auction overnight to their highest level in nearly three years.
In their own words: Luxon v Peters on US tariffs
Explainer: The Prime Minister has decried a "real media beat-up" surrounding his spat with the Foreign Minister over the country's response to the United States' tariffs.
Food prices rising - which groceries are the most expensive?
Butter is up a huge 64 percent.
Peters won't speak on 'domestic matters' while overseas
Winston Peters isn't commenting further on his criticism of the prime minister's "hysterical" language on trade. Audio
Where in NZ is it cheaper to rent than buy?
Corelogic has found that in about 20 percent of the country, it could be cheaper to buy a house. Money correspondent Susan Edmunds spoke to Ingrid Hipkiss. Audio
Labour leader Chris Hipkins on government's 'pregnant women' directive
The associate health minister, Casey Costello, has issued a directive to Health New Zealand to refer to "pregnant women" rather than "pregnant people". Labour leader Chris Hipkins spoke to Corin Dann.
…NZ Wine industry could suffer due to Trump's tariffs
New Zealand's wine industry could suffer as a result of Donald Trump's new tariffs, with the United States our largest export market. Invivo co-founder Rob Cameron spoke to Ingrid Hipkiss. Audio
