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.

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 ...

Tonga's 'Aisake Eke Government has produced its first budget, pumping up spending by more than 10 percent compared with last year. It has some key elements that differ from previous years, such as an ...

US & China reach shaky trade deal; US CPI inflation holds; US Treasury bond auction getts less demand; China vehicle sales ...

Despite this uncertainty, governments have to assume paths for revenue and expenditure to make meaningful plans.

Analysis - The government has proclaimed 2025 the year of growth, but can it deliver when all the indications are that it is ...

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 ...

The New Zealand Council of Trade Unions Te Kauae Kaimahi has today released a report with detailed analysis of Budget 2025.