New Zealand’s economy is putting recession in its rear-view mirror, with the recovery expected to pick up next year, according to ASB’s latest Quarterly Economic Forecast. ASB economists are ...
After two challenging years marked by recession, stubborn inflation, and weak household sentiment, fresh data suggests the New Zealand economy may finally be turning a corner. “Green shoots” is a well ...
ASB Chief Economist Nick Tuffley says with green shoots of growth emerging, Kiwi can look forward to a brighter 2026, fuelled by lower interest rates, resilient exports, and a renewed willingness to ...
New Zealand residential building rebounded in the third quarter, adding to signs the economy is recovering in response to ...
New Zealand businesses were less optimistic in the third quarter, raising the risk of another recession and deeper interest-rate cuts from the central bank. A net 18% of businesses expect the economy ...
In September, New Zealand Prime Minister Christopher Luxon blamed the country’s shrinking economy on the “disaster” of 2020, ...
New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level ...
Policymakers signal likely end to easing cycle as economy shows early signs of picking up Read more at The Business Times.
The Reserve Bank has blamed the ongoing recession on an uncertain property market, prompting experts to weigh in. New Zealand ...
WELLINGTON, Feb 2 (Reuters) - New Zealand's economy will stay in recession at least until the end of March this year and a worsening global outlook is adding to the risk of a steeper slowdown, the ...