An end to the Middle East conflict, financial discipline and a return to solid economic growth are being relied on to deliver a quicker return to budget surpluses. The budget forecasts a return to a budget surplus in 2028/29, a year ahead of the December ... See more
- RBNZ to hold official cash rate steady at 2.25 percent - Expected to wait for more clarity on the inflation impact of Middle East conflict - A repeat likely of April's statement of balance between growth and inflation fighting - Economists broadly expec... See more
- The government's 2026 budget is about getting the books in order - The Middle East conflict is clouding economy, forecasts, income, spending - Higher deficit expected in near term, no surplus until 2030 - Spending to be constrained and reprioritised, ne... See more
- Inflation surge coming driven by fuel prices - Petrol up a third, diesel nearly doubled in two months - Energy and airfares also higher - Food inflation takes a rest, flat for the month, annual rate lowest in a year - Items make up just under half consu... See more
- OECD says NZ economy recovering slowly, faces Iran conflict based challenges to growth and inflation - Poor productivity, high debt, weak investment hold back growth - Tax changes needed for retirement savings; boost needed for capital markets - Electri... See more
