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RECESSION IN NEW ZEALAND
Global finance ministers warn of prolonged market impact from Middle East conflictGlobal finance ministers warn the Middle East conflict will continue to impact growth and inflation. Even a lasting peace will not immediat...- New Zealand's population exodus hits 13-year high as economy worsensNew Zealand is experiencing a significant exodus of its citizens, reaching a 13-year high, driven by a struggling economy and rising unempl...
- New Zealand's 'golden visa' scheme lures wealthy investors from across the globeNew Zealand has seen a surge in applications for its revamped foreign investor visa, attracting significant interest from high-net-worth in...
- New Zealand's weak economy seeing more and more people fleeing country, here's the current status of net immigrationNew Zealand is not currently the top choice for living for its own citizens, according to statistics that show a weak economy is responsibl...
- New Zealand considers easing ban on foreigners buying propertyNew Zealand is considering easing its foreign property purchase ban, focusing on attracting substantial foreign investments that spur job c...
- New Zealand eases visa rules to allow visitors to work remotelyNew Zealand has eased visa rules to attract remote workers as part of its economic recovery strategy, targeting highly skilled individuals ...
- New Zealand in dire straits: People are leaving the country in droves as it faces a grueling recessionResidents of New Zealand are suddenly dumping everything behind and leaving the country, which could be major bad news for the island natio...
- New Zealand enters recession, economy sees worst downturn since 1991, currency hits new lowNew Zealand's economy shrank by 1% in the third quarter. This was worse than predicted. The country is now officially in recession. The New...
- New Zealand slips into its second recession in 18 months as economy contractsThe latest slip follows a 0.3 per cent contraction in the September quarter, which fulfils the technical definition of a recession. It is N...
- Growth versus interest rate dilemma decodedThe problem with higher interest rates is that households have less disposable income post higher interest outgo, which leads to lower spen...
- New Zealand dips into recession, putting rate hikes in doubtNew Zealand is in recession after Q1 GDP shrank 0.1%, below the Reserve Bank of New Zealand's forecast of 0.3% growth. Fourth-quarter GDP w...
- India has zero probability of slipping into recession, says surveyThe probability of recession for several other Asian economies remained unchanged in the survey. Economists see a 20% chance that China wil...
- Australia shares end lower as recession fears deepen, energy stocks dragThe S&P/ASX 200 index ended 0.4 per cent lower at 5,466.70, after starting the session in positive territory.
- Dollar rises as more central banks turn dovish, defies lower Treasury yieldsThe dollar index against a basket of six major currencies was 0.17 per cent higher
- New Zealand produces first budget surplus in six yearsNew Zealand Thursday delivered its first budget surplus in six years, producing family-friendly document ahead of a general election
- Air New Zealand to freeze pay for 1,000 staffAir New Zealand will freeze the salaries of about 1,000 senior staff and limit pay hikes for lower paid workers as demand for travel contin...
- New Zealand's jobless rate hits 6 year highNew Zealand's jobless rate hit a six-year high in the first quarter as the country's recession deepened.
- New Zealand offers guarantee to stop banks running out of cashThe New Zealand government confirmed Saturday it will guarantee wholesale bank deposits in a scheme that it hopes will stop the financial s...
- New Zealand inflation hits 18-year highThe New Zealand economy, already trapped in recession, suffered further negative news on Tuesday with the release of official figures showi...
- NZ dollar rebounds on firmer Aussie, RBNZ awaitedThe New Zealand dollar rebounded on Wednesday, helped by a recovery in the neighbouring Aussie, as investors awaited the central bank's pol...
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