Articles tagged with Economic Forecast

New Zealand Forecasts Budget Surplus in 2028/29, Debt Reduction Ahead

2 weeks ago | 291 views

Finance Minister Nicola Willis highlights that disciplined economic management has led to an earlier-than-expected return to a government surplus in 2028/29, reducing borrowing and debt servicing costs. The government continues investing in essential services and infrastructure within an affordable funding framework while improving fiscal health, including a $2.6 billion surplus forecast and a lowered bond issuance by $6 billion. This fiscal repair strengthens New Zealand's resilience against future global and environmental uncertainties, benefiting all citizens.

Tags: Nicola Willis Treasury New Zealand Government OBEGALx surplus New Zealand Debt Management fiscal management economic forecast debt reduction government bonds

New Zealand Economy Grows 0.2% in Q4 2025, Strong Start to 2026

3 months ago | 697 views

Economic data shows New Zealand's economy grew by 0.2% in the December quarter, with a 1.1% increase in the second half of 2025 after a flat first half. Finance Minister Nicola Willis notes that despite volatility and challenges like high inflation and interest rates, the economy is now in a stronger position. Although the recent Middle East conflict will affect growth, forecasts still predict continued economic expansion in 2026 under realistic scenarios.

Tags: Nicola Willis Finance Minister New Zealand GDP Stats NZ economy growth inflation interest rates Middle East conflict economic forecast

NZ Economy Shows Growth in Late 2025 Despite Global Uncertainties

3 months ago | 524 views

Economic data shows New Zealand's economy grew by 0.2% in the December quarter, with a 1.1% increase in the second half of 2025 after a flat first half. Finance Minister Nicola Willis notes that despite volatility and recent Middle East conflicts, the economy is starting from a stronger position than in previous years. While the conflict may impact growth, forecasts still predict continued economic growth in 2026 under realistic scenarios.

Tags: Nicola Willis Finance Minister Stats NZ Gross Domestic Product New Zealand economy economic growth inflation interest rates Middle East conflict economic forecast