GDP shrank 0.2pc in third quarter
Gross domestic product figures released this morning show NZ came close to a double-dip recession this year.
Gross domestic product figures released this morning show NZ came close to a double-dip recession this year.
New Zealand had a current account surplus of $35m in the September quarter Statistics New Zealand said today, due largely to Canterbury earthquake insurance claims.
Helen Clark has angrily denied claims her government sent NZ non-combat engineers to Iraq over a Fonterra contract.
An unsuccessful discounting strategy contributed to poor trading results that forced Fisher & Paykel Appliances to downgrade earnings guidance today.
Falling fuel prices helped lift New Zealand's terms of trade 3 per cent in the September quarter.
If the good news is that the Reserve Bank expects rates to be lower for longer, the bad news is why it thinks that.
More than $1 billion is pumped into the economy every time Fonterra boosts its payout to farmers by $1, says a report which confirms the dairy industry's importance to New Zealand's finances.
Australian Ministers say the country has no choice but to accept they have lost the long-running bid to ban imports of New Zealand apples.
An Australian appeal to the WTO against a ruling it must accept our apple exports has failed.