BUDGET 2021: Surplus back in sight as Robertson ends Ruthanasia

BUDGET 2021: Surplus back in sight as Robertson ends Ruthanasia
Paul McBeth
The finance minister, Grant Robertson, has a cash surplus in sight after New Zealand’s economy showed remarkable resilience through the covid-19 pandemic, with unemployment half what economists had feared in the depths of last year’s outbreak.That strength in the government’s fiscal position has seen a hike in welfare supports that will return them to the level they were 30 years ago when then minister Ruth Richardson took a knife to benefits, with a single person on the jobseeker benefit set to receive almost half what they&r...

More Economy

Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025
S&P/NZX 50 Index opens down after US strike on Iran
Economy

S&P/NZX 50 Index opens down after US strike on Iran

NZD/USD also under pressure as investors seek safe haven. 

Rebecca Howard 23 Jun 2025