New Zealand, recession

New Zealand sinks into recession, more rate cuts coming
New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected and output in the prior quarter was slashed, a dire result that cements the case for more aggressive rate cuts.
New Zealand Suffers Deeper-Than-Expected Recession; Kiwi Drops
New Zealand’s economy contracted much more than expected in the third quarter and the second quarter was revised lower, putting it into recession. The local dollar fell.
New Zealand’s Economic Recession Continues But Recovery on Horizon
New Zealand’s economy contracted sharply in the third quarter, extending a bleak period of sustained recession for the South-Pacific nation, but most economists agree that the wheels of change are in motion and the outlook for 2025 will be substantially brighter.
New Zealand sinks into recession as Q3 GDP dives 1.0%
New Zealand's economy sank into recession in the third quarter as activity dived far more sharply than expected, while the prior quarter was also revised sharply downward, a dire result that cements the case for more aggressive rate cuts.
Sharp Slowdown Pushes New Zealand Into Recession
New Zealand tipped into recession in the third quarter, official data showed Thursday, with the economy suffering an unexpectedly sharp slump that sent the country's currency tumbling and sparked political finger-pointing.
GDP hit slumps New Zealand further into recession
New Zealand's economy is 2.1 per cent smaller than it was six months ago, according to new GDP data from Stats NZ.
Who is Sergio Pérez’s replacement? Meet Liam Lawson, New Zealand’s latest F1 trailblazer
Lawson's F1 plans have finally came to fruition — and, he hopes, will inspire his compatriots to follow his tracks.
Bloomberg L.P.18h
New Zealand’s Declining Imports Help Narrow Annual Trade Deficit
New Zealand posted its smallest annual trade deficit in almost three years as a weak economy curbed demand for imports.
U.S. sanctions drug traffickers with ties to New Zealand
The United States has unveiled a new tranche of sanctions targeting international drug traffickers across seven countries, ...
Starlink’s first nationwide satellite texting service goes live in New Zealand
SpaceX’s satellite-to-cell Starlink texting service can now operate throughout New Zealand, thanks to the telecommunications ...
New Zealand sports get $93.69 mln in govt funding ahead of LA 2028
High Performance Sport New Zealand on Wednesday announced NZ$162.8 million ($93.69 million) in government funding for Olympic ...
Stokes sidelined with a hamstring injury as New Zealand beats England by 423 runs in the 3rd test
Captain Ben Stokes has been unable to bat because of a hamstring injury as England slumped to a 423-run run loss to New ...
New Zealand’s Economy Expected to Recover Supported by Aggressive Rate Cuts
A midyear update of the budget forecasts the farm-rich economy to grow 0.5% for the fiscal year ending June 30, 2025, before ...
The South African on MSN8h
Changes to New Zealand work visas – What you need to know
The New Zealand Government has announced changes to the Accredited Employer Work Visa (AEWV) to streamline immigration ...
Kane Williamson makes 156 as New Zealand sets England 658 to win the 3rd test
Kane Williamson has made 156 and New Zealand set England a massive 658-run target to win the third test with two days ...