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29 Dec 2025 16:03
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      Home > News > Business

    Finance Minister Grant Robertson says the fall in GDP reflects the volatile global situation

    Finance Minister Grant Robertson says the fall in GDP reflects the volatile global situation


    The GDP figures for the first quarter of the year show a 0.2 percent fall, worse than the flat growth rate predicted by many economists.

    Robertson says despite this we are still on track for strong annual growth.

    He says we have a strong fiscal position with low unemployment and low net debt.

    © 2025 Newstalk ZB, NZCity

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     27 Dec: A lack of regulation in the cleaning industry has some contractors earning less than minimum wage
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    Melbourne could be facing water-restrictions from low-rainfall, a dry summer, and high water-use More...


     Today's News

    		 Soccer:
    A relieved Carlo Armiento is eyeing back-to-back wins with the Wellington Phoenix men for the first time 15:57

     Cricket:
    The Wellington Blaze have scored a second straight win in the new T20 Super Smash women's cricket competition, thrashing the Auckland Hearts by 49 runs at the Basin Reserve 15:57

     Environment:
    Tauranga's community New Year's Eve events have been cancelled due to bad weather 15:27

     Soccer:
    Wellington Phoenix women's coach Bev Priestman is crediting national team performances, after signing Football Fern Emma Pijnenburg  14:07

     Politics:
    Chris Hipkins says he's without a doubt leading the Labour Party through next year's election 14:07

     Accident and Emergency:
    A mum and two teenagers saved an elderly man who collapsed on a hike near Thames last night 13:47

     Motoring:
    A person's seriously injured after a crash, where a car rolled in Christchurch's city central 13:27

     National:
    Donald Trump’s first step to becoming a would-be autocrat – hijacking a party 13:07

     International:
    Volodymyr Zelenskyy says progress made on peace deal, but Donald Trump says 'thorny issues' remain 13:07

     Basketball:
    To the US NBA in Canada .. 13:07

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