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19 Nov 2025 13:42
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      Home > News > Politics

    The Finance Minister believes New Zealand is through the worst of it - in terms of economic pain

    The Finance Minister believes New Zealand is through the worst of it - in terms of economic pain


    Figures from Statistics New Zealand show GDP's fallen one percent in the three months to September - a larger fall than predicted by some economists.

    It makes it the weakest six months for the economy since 1991 - when NOT considering the Covid years.

    Finance Minister Nicola Willis says business owners are tough and resilient.

    She says we have good times ahead - with lower interest rates.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     19 Nov: Legislation broadening the Defence Minister's powers to make uniformed-personnel fill posts - empty while civilian Defence Force staff are on strike - has passed its third and final reading
     19 Nov: An increase in cannabis use in the workplace is sparking concern ahead of Christmas "dos"
     19 Nov: Britain's MI5 spy service issues alert to MPs over Chinese espionage threat
     18 Nov: Chlöe Swarbrick's adamant the Green's mining policy won't dent employment
     18 Nov: Vanuatu council repeals law banning menstruating women from selling food
     18 Nov: Nearly one in five living in New Zealand, identify as Maori
     18 Nov: Promise of tougher times for scammers, thanks to a number of new endeavours aiming to build up our defences
     Top Stories

    RUGBY RUGBY
    Samoa have become the final team to qualify for the 2027 men's Rugby World Cup in Australia after drawing 13-all with Belgium in Dubai More...

    BUSINESS BUSINESS
    Seafood company Sanford has achieved a record full-year profit fuelled by a strong performance of its aqua-cultural business More...


     Today's News

    		 Soccer:
    The emotions are flowing for captain Andy Robertson after Scotland ended a 27-year wait for the team's return to the men's Football World Cup 13:27

     Entertainment:
    Eddie Murphy says Robin Williams tried to talk him out of his speech calling out the Oscars for overlooking Black stars 13:25

     National:
    By delaying a decision on using Russia’s frozen assets for Ukraine, Europe is quietly hedging its bets 13:07

     Politics:
    Legislation broadening the Defence Minister's powers to make uniformed-personnel fill posts - empty while civilian Defence Force staff are on strike - has passed its third and final reading 13:07

     Entertainment:
    Jimmy Kimmel broke down in tears during a tribute to his house band leader and lifelong friend Cleto Escobedo III 12:55

     International:
    Tongans are heading to the polls for just the sixth time. Is their young democracy on the line? 12:47

     International:
    US Senate passes bill to release Epstein files in win for defiant Republicans 12:27

     Soccer:
    A football World Cup return, 28 years in the making.. 12:27

     Entertainment:
    Prince William made a surprise guest appearance on Dancing With The Stars on Tuesday night 12:25

     Health & Safety:
    Hazardous drinking rates across the country are down at the same time vaping has increased 11:57

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