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17 Dec 2025 18:17
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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

     Other Business News
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     16 Dec: The Finance Minister's ruling out further cuts to new borrowing next year to get the Government books back to black
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    BUSINESS BUSINESS
    Horticulture NZ's emphasising the importance of backing growers - as exports climb to record levels More...


     Today's News

    		 Law and Order:
    A 22-year-old man has been sentenced to five years and four months jail for threatening a mass stabbing attack, distributing objectionable material and indecent communications 18:07

     Entertainment:
    Sharon Osbourne has defended her daughter Kelly over her recent weight loss 17:50

     Cricket:
    The West Indies have warmed-up for the third and final cricket test against New Zealand in Mount Maunganui by chilling out 17:37

     Rugby:
    Blues coach Vern Cotter is intrigued by the idea of cross-hemisphere rugby clubs swapping players 17:37

     Law and Order:
    FBI releases footage of Brown University shooting suspect 17:27

     Health & Safety:
    Health officials have confirmed one new measles case in Queenstown - linked to overseas travel 17:27

     Entertainment:
    Ryan Coogler insisted he didn't turn down an invitation to the Academy of Motion Pictures Arts and Sciences "out of animosity" 17:20

     Entertainment:
    Chase Infiniti has joined Louis Vuitton as a brand ambassador 16:50

     Entertainment:
    Taylor Swift is not a "chill person" 16:20

     Law and Order:
    Jevon McSkimming sentencing: why a public inquiry into the police should be next 16:07

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