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New Zealand Economy News. Service for global professionals. Constantly updated news and information about New Zealand.
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Latest New Zealand Economy News

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  • New Zealand 'on road to recovery' 15 Dec 2009 02:14 GMT
    ... New Zealand is on the road to recovery after ... The $50 billion hole left in the economy by the recession has also been revised ... previous predictions of -5.0 per cent. But inflation figures are worse than expected, now tipped ...

  • New Zealand: Public sector workers protest government wage freeze 15 Dec 2009 06:15 GMT
    ... New Zealand: Public sector workers protest government wage freeze ... this year—well below the current rate of inflation, which is 1.7 percent. Deeper cuts are ... involving 7,200 workers the previous year. Meanwhile, unemployment has rapidly risen to 6.5 percent from ...

  • New Research Report: Fragrances in New Zealand 15 Dec 2009 06:32 GMT
    ... at Fast Market Research Datamonitor's Fragrances in New Zealand industry profile is an essential resource for ... (million) , 2004-2008 Table 14: New Zealand GDP (Constant 2000 Prices, $ billion), 2004-2008 Table ... $ billion), 2004-2008 Table 15: New Zealand Inflation, 2004-2008 Table 16: New Zealand Exchange Rate, ...

  • IBM Data Center Construction Underway in New Zealand 15 Dec 2009 06:35 GMT
    ... IBM Data Center Construction Underway in New Zealand Dec 15, 2009 (Close-Up Media via COMTEX ... and advances the growth of the digital economy." "On completion, IBM's new data center will not ...

  • New Zealand Economic Outlook Brighter: Minister 15 Dec 2009 05:55 GMT
    ... New Zealand's economic outlook is brighter than it was ... shorter time. It was now believed that unemployment would peak at 7 percent in early ... till late 2010," he added. New Zealand's economy climbed out of its deepest recession since ...

  • New Zealand Stocks Open Modestly Higher On Wall Street's Positive Lead 15 Dec 2009 00:34 GMT
    ... New Zealand Stocks Open Modestly Higher On Wall Street's ... do more to boost the ailing U.S. economy. Obama, speaking to reporters following a meeting with ...

  • NZ economy 'better than expected' 15 Dec 2009 05:54 GMT
    ... NEW ZEALAND's economy is in better shape than had been ... 3.4 per cent of gross domestic product (GDP) compared to the previously forecast 5.4 per ...

  • N.Zealand economy faring better: finance minister 15 Dec 2009 06:53 GMT
    ... WELLINGTON (AFP) - – New Zealand's economy is in better shape than had been ... or 3.4 percent of gross domestic product (GDP) compared to the previously forecast 5.4 percent ...

  • New Zealand's unemployment rate to rise to 7%: survey 15 Dec 2009 07:31 GMT
    ... Economists expect the unemployment rate in New Zealand to rise to 7 percent of the workforce and stay there for the ...

  • NZ economy raises its growth 15 Dec 2009 07:35 GMT
    ... The New Zealand economy has raised its growth and lowered debt forecasts, seeing government finances back in the black ...

  • Economic recovery should be stronger, says NZIER 15 Dec 2009 00:21 GMT
    ... Economic forecasters say New Zealand's recession was shallower than expected and next ... on the extent of the rebound. The economy is expected to contract 0.4 per cent ... across everything including growth, current account balances, inflation and especially the level of the Kiwi ...

  • TABLE-NZ Treasury 2009 half year econ/fiscal forecasts 15 Dec 2009 01:04 GMT
    ... (Reuters) - The following table contains key New Zealand Treasury forecasts in the Half year Economic ... account is expressed as a percentage of GDP. - Brackets contain projections in the May ... 7.0 (7.5) 6.9 (7.5) 6.0 (6.3) CPI inflation +2.5 (+2.4) +2.3 (+1.7) +2.2 (+1.2) C/A ...

  • Government action needed to avoid jobless growth 15 Dec 2009 03:01 GMT
    ... improving outlook for both growth in the economy and government finances, though still with some ... ‘which really have a problem’ rather than New Zealand. “New Zealand’s net debt is now forecast ... for levels well over 100 percent of GDP. “Government debt is not the problem. Private ...

  • UPDATE 1-NZ fiscal and economic outlook improving - FinMin 15 Dec 2009 02:10 GMT
    ... WELLINGTON, Dec 15 (Reuters) - New Zealand raised its growth and lowered its debt ... "This reflects the fact that the global economy has stabilised," English told a media briefing. ... it upgraded its growth outlook while expecting inflation to remain within its target band of ...

  • Treasury now more upbeat about growth, says English 15 Dec 2009 01:12 GMT
    ... in revising up their economic forecasts, saying New Zealand came through the global financial crisis in ... pre-recession levels till late 2010." New Zealand's economy climbed out of its deepest recession since ... its projections in the following three years. Unemployment is now predicted to peak at 7 ...


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