The New Zealand government warned Thursday further near-term budget deterioration with the country’s nascent economic recovery at risk from a slowdown in world growth and the potential for ongoing ...

Governor Adrian Orr stepped down in March due to unresolved tensions with the Treasury over deep budget cuts, official ...

Ratings agency S&P said in a statement following the budget that New Zealand's elevated fiscal and current account deficits "are weaknesses that could weigh on the credit rating." New Zealand two ...

Net debt is forecast to peak at 43.5 percent of GDP in 2025 and is forecast to remain above the government's 40 percent ceiling for the following three years.

New Zealand is running a structural budget deficit. That means the government is spending more than it earns, even accounting for the fact that governments automatically spend more and tax less in ...

New Zealand has slashed foreign aid to its lowest level in four years, with specific cuts to climate finance, in a move ...

Australia and New Zealand, according to a chorus of doomsayers, are both in terminal decline as productivity falls, living standards erode, and the fiscal positions of both governments plunge into ...

This report sets out the New Zealand Council of Trade Unions Te Kauae Kaimahi's analysis of Budget 2025. It covers the major decisions made at this ...

The fiscal update forecasts the budget deficit will widen to around 12.1 billion New Zealand dollars, equivalent to US$7.2 billion, in fiscal 2026, up from a deficit of NZ$10.1 billion in fiscal 2025.