Regions grapple with slowdown as budget decisions loom

Regions grapple with slowdown as budget decisions loom
The economy was bolstered by a bump in international tourism during the Lunar New Year. (Image: Getty)
Jem Traylen
As New Zealand grapples with its slowest economic growth since the initial covid-19 lockdown, Infometrics principal economist Brad Olsen says regional disparities are becoming increasingly pronounced.Olsen highlighted the economic difficulties in Infometrics' Quarterly Economic Monitor released on Thursday morning, noting that economic activity in the first quarter of 2024 was only 0.3% per annum higher than at the same point in 2023, with year-end growth slowing to 0.2%.The report said this slowdown was particularly impactful in...

More Economy

Little reason to celebrate GDP data
Economy

Little reason to celebrate GDP data

NZ is no longer technically in a recession but quarter-on-quarter growth was only 0.2%.

Kaya Selby 20 Jun 2024
NZ economy grows a tad in March quarter
Economy

NZ economy grows a tad in March quarter

The GDP lifted 0.2% in March quarter. 

Staff reporters 20 Jun 2024
Current account deficit narrows
Economy

Current account deficit narrows

At 6.8% of GDP, the deficit was larger than the Reserve Bank and Treasury predicted.

Murray Jones 19 Jun 2024
Have we screwed the scrum too far in bank regulation?
Economy

Cameron Bagrie: Have we screwed the scrum too far in bank regulation?

The government's banking inquiry is overdue and welcome. 

Cameron Bagrie 19 Jun 2024