Articles tagged with Ross
Global Uncertainty Impacts Economy: Minister Willis on Latest Stats NZ Data
1 week ago | 107 viewsFinance Minister Nicola Willis highlighted the impact of global uncertainty on consumers and businesses based on released economic data. Stats NZ reported a 0.9% decline in real Gross Domestic Product in the second quarter following an initial increase. Willis attributed this downturn to international turmoil and tariffs affecting investment decisions. Looking ahead, there are positive signs of economic recovery, with lower interest rates, increased mortgage lending, and a forecasted strengthening of economic growth as tariff-related uncertainty diminishes.
Tags: Economic data global uncertainty consumers businesses Finance Minister Nicola Willis Gross Domestic Product tariffs investment decisions interest ratesMinister Judith Collins Unveils RNZAF No. 5 Squadron Headquarters at Ohakea with State-of-the-Art Infrastructure
1 month ago | 231 viewsMinister of Defence Judith Collins inaugurated the new headquarters of the Royal New Zealand Air Force’s No. 5 Squadron at Ohakea, housing four P-8A Poseidon aircraft. The facility, named Te Whare Toroa - The Home of the Albatross, offers modern infrastructure to support maritime surveillance, resource protection, and disaster response efforts. The project aligns with the Government's commitment to enhance Defence capabilities, with planned investments of $12 billion over the next four years and a focus on generating employment opportunities in regional economies.
Tags: Minister of Defence Judith Collins Royal New Zealand Air Force No. 5 Squadron Te Whare Toroa Albatross RNZAF Defence personnel Defence Capability Plan New ZealandNew Zealand and Japan Forge Logistics Agreement to Enhance Defence Cooperation
2 months ago | 581 viewsNew Zealand and Japan are developing a logistics agreement to support ongoing defence cooperation between our two countries, Foreign Minister Winston Peters and Defence Minister Judith Collins have announced. “Japan is a crucial partner for New Zealand,” Mr Peters says following a meeting with Japanese counterpart Iwaya Takeshi at the East Asia Summit Foreign Ministers’ Meeting in Kuala Lumpur today. “We are both committed to the international rules-based system, and to maintaining security and prosperity in our region.
Tags: New Zealand Japan Defence Minister Judith Collins Foreign Minister Winston Peters Acquisition and Cross Servicing Agreement logistics agreement Iwaya Takeshi East Asia Summit Information Security AgreementNew Cycle Bridge Boosts West Coast Wilderness Trail, Boosting Local Economy
2 months ago | 596 viewsA new cycle bridge on the West Coast Wilderness Cycle Trail will bring more visitors to the region and boost the local economy. “I’m thrilled to be supporting the construction of the Totara River Rail Bridge, ensuring visitors can once again ride this popular trail from start to finish,” Tourism and Hospitality Minister Louise Upston says. “The West Coast Wilderness Cycle Trail is one of our Great Rides and attracts both international and domestic visitors alike, showcasing the stunning scenery of the West Coast.
Tags: Louise Upston West Coast Wilderness Cycle Trail Totara River Rail Bridge Tourism Economy Infrastructure Ross Trail Investment Visitors