The fiscal update forecasts the budget deficit will widen to around 12.1 billion New Zealand dollars, equivalent to US$7.2 billion, in fiscal 2026, up from a deficit of NZ$10.1 billion in fiscal 2025.

The New Zealand government warned Thursday further near-term budget deterioration with the country’s nascent economic recovery at risk from a slowdown in world growth and the potential for ongoing ...

Without naming US President Donald Trump, the Finance Minister of New Zealand, Nicola Willis, mentioned that the country is ...

New Zealand on Thursday set new spending for the current fiscal year at its lowest in a decade, keeping a tight rein on its ...

New Zealand’s government is introducing a new tax incentive to increase business investment as it seeks to lift productivity and stoke economic growth. Firms will be able to deduct 20 percent of the ...

Net debt is forecast to peak at 43.5 percent of GDP in 2025 and is forecast to remain above the government's 40 percent ceiling for the following three years.

Roger J Kerr sees three strands of economic stimulus coming for the local economy. Meanwhile, bond markets react to ...

New Zealand’s government forecast a narrower budget deficit for the fiscal year ending June 30, 2025, as it focused on fiscal prudence even as the global tariff war is expected to dampen the ...

The New Zealand Council of Trade Unions Te Kauae Kaimahi has today released a report with detailed analysis of Budget 2025. It covers the major ...

Ratings agency S&P said in a statement following the budget that New Zealand's elevated fiscal and current account deficits "are weaknesses that could weigh on the credit rating." New Zealand two ...