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18 Feb 2025 23:32
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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
     18 Feb: Australia's Reserve Bank has lowered its interest rates for the first time since 2020
     18 Feb: The Education Minister says her working relationship with Associate Minister David Seymour, is excellent
     18 Feb: Westpac's belief in the potential of the blue economy is being supported by aquaculture
     17 Feb: An economics expert says cutting the Official Cash Rate is unwarranted
     17 Feb: Affirmation of the value of teacher-only days - after Erica Stanford publicly corrected the Associate Education Minister
     17 Feb: An Auckland Councillor is concerned at what she's calling a heartbreaking increase in homelessness
     17 Feb: A reminder for New Zealanders to take a good look at their KiwiSaver investments
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