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13 Oct 2024 12:01
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  •   Home > News > Business

    The Finance Minister says better days are ahead, when it comes to New Zealand's economy

    The Finance Minister says better days are ahead, when it comes to New Zealand's economy


    Statistics NZ data shows our Gross Domestic Product fell 0.2 percentage points in the three months to June.

    Another quarter of negative growth would mean New Zealand would be, once again, in a technical recession.

    But Nicola Willis says looking forward, the Reserve Bank's interest rate cuts will help boost the economy.

    She says it's significant that interest rates have been dropped, and New Zealand is on a downward trajectory when it comes further rate cuts.

    Nicola Willis says those should breathe life into the economy.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Rugby:
    The Black Ferns are well aware of what's at stake heading into their final W-V-X-1 match against France in Vancouver 11:57

    Motoring:
    Reigning Supercars champion Brodie Kostecki expects to be pushed to his physical limit in this afternoon's Bathurst 1000 11:47

    Sailing:
    Team New Zealand's still searching for improvement, despite a perfect start to their America's Cup defence 11:47

    Auckland:
    An investigation is underway in Auckland after two people were taken to hospital with serious-to-critical injuries 11:27

    International:
    Four jobs to give your house a deeper clean this spring 11:17

    Politics:
    Thousands of deaths are still attributed to poor equality, despite overall improvements 11:07

    Soccer:
    In football...Spain has pipped Denmark 1-nil to take control of Group 4 at the UEFA Nations League 10:47

    Auckland:
    A person has been taken to hospital in a critical condition following a crash in Mangere Bridge in Auckland 10:27

    Law and Order:
    Seven years after Abby Williams and Libby German disappeared in Indiana, alleged killer Richard Allen faces trial 10:07

    Golf:
    Kiwi golfer Ryan Fox is even par through the first nine holes of his 3rd round at the Black Desert Championship in Utah...currently in 60th place, 12 shots off the pace 9:57


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