Tag: economic_growth
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New Zealand's GDP Rises 1.1% in September 2025 Quarter
New Zealand's gross domestic product (GDP) increased by 1.1 percent in the September 2025 quarter, according to figures released by Stats NZ today. This follows a 1.0 percent decrease in the June 2025 quarter. Economic growth spokesperson Jason Attewell noted,…
BusinessEconomyTradeFinancial MarketsAustralasia GDPStats NZeconomic growthSeptember 2025 quarterJason AttewellBusiness/FinanceStatistics NZ
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New Zealand GDP Rises 0.8 Percent in March 2025 Quarter
New Zealand's gross domestic product (GDP) saw a 0.8 percent increase in the March 2025 quarter, according to figures released today by Stats NZ. This follows a 0.5 percent increase in the December 2024 quarter. Activity in the March 2025…
BusinessEconomyTradeFinancial MarketsAustralasia GDPStats NZKatrina DewberyEconomic GrowthManufacturingBusiness ServicesStatistics New Zealand
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International Visitor Spending Boosts New Zealand's Economy
Tourism and Hospitality Minister Louise Upston has welcomed new data indicating a significant boost in international visitor spending. According to the International Visitor Survey, international tourism contributed $12.2 billion to New Zealand’s economy for the year ending March 2025, marking…
BusinessWorldEconomyTradeEmployment and Labor TourismLouise UpstonInternational Visitor SurveyVisitor SpendingEconomic GrowthHospitality
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IMF Concludes 2025 Article IV Consultation with New Zealand
The International Monetary Fund (IMF) concluded its Article IV consultation with New Zealand on May 19, 2025, with the Executive Board acknowledging the economy's nascent recovery and the return of inflation to the Reserve Bank of New Zealand’s (RBNZ) target.…
BusinessPolitics and GovernmentEconomyFinancial MarketsTrade IMFArticle IV Consultationmonetary policyfiscal policyeconomic growthinflationInternational Monetary Fund
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Budget 2025 Prioritizes Savings for Investment and Growth, Says ACT Leader
ACT Leader David Seymour says Budget 2025 prioritizes saving to invest in essential services and bolster economic growth. Seymour stated that ACT's influence ensured the Budget's government growth is less than half the rate of inflation. He emphasized that wage…
Politics and GovernmentBusinessEconomyFederal Government Budget 2025David SeymourACTRegulatory Standards BillBrooke van VeldenEconomic GrowthGovernment
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Budget 2025 Prioritizes Economic Growth, Says ACT Leader
ACT Leader David Seymour has lauded Budget 2025 as a victory for taxpayers, emphasizing its focus on economic growth through savings, investment, and reduced red tape. According to Seymour, the Budget increases by $1.3 billion this year, just under one…
Politics and GovernmentBusinessHealthEconomyEducationLegal Budget 2025David SeymourACTEconomic GrowthGovernment SpendingKiwiSaverHealthcare
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New Zealand Boosts Science and Innovation for Economic Growth
The New Zealand government is backing science and innovation to boost economic growth, according to Science, Innovation and Technology Minister Dr Shane Reti. Budget 2025 will reallocate existing funds towards growth-promoting investments in these sectors. The aim is to enable…
Science & TechnologyPolitics and GovernmentBusinessEconomyFederal GovernmentMedical ScienceEnvironmentAgriculture Shane RetiBudget 2025ScienceInnovationGene TechnologyEconomic Growth
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New Zealand Launches 'Investment Boost' Tax Incentive
The New Zealand government has launched Investment Boost, a new tax incentive aimed at encouraging business investment and economic growth, according to Finance Minister Nicola Willis. The incentive allows businesses to immediately deduct 20 per cent of the cost of…
Politics and GovernmentBusinessEconomyFinancial MarketsTradeEmployment and LaborState Governments Nicola WillisInvestment Boosttax incentiveeconomic growthbusiness investmentGDP
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Budget 2025 Aims to Grow Economy and Help Kiwis Get Ahead
Budget 2025 focuses on growing the economy to help New Zealanders get ahead, according to Prime Minister Christopher Luxon. The government's plan aims to boost jobs and manage the economy carefully. "The Government’s economic plan is working," Luxon stated, noting…
Politics and GovernmentBusinessEconomy Budget 2025Christopher LuxonEconomic GrowthKiwisInvestmentTax
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Budget 2025: Government Prioritizes Fiscal Responsibility and Economic Growth
Finance Minister Nicola Willis has announced a reduction in the Budget 2025 operating allowance to $1.3 billion, down from the previously forecast $2.4 billion. Speaking at Metco Engineering, Willis outlined the government's commitment to fiscal responsibility and economic growth amidst…
Politics and GovernmentBusinessEconomy Nicola WillisBudget 2025Economic GrowthFiscal ManagementGovernment DebtTreasury