Special help likely for tourism and events sectors: PM

Special help likely for tourism and events sectors: PM
Pattrick Smellie
The government is still considering special assistance for parts of the economy, such as international tourist services and large events companies, which are unlikely to be able to restart operations even when the country moves to alert level 2 or 1. "We always said we want to keep monitoring the impact on different sectors and I would say tourism is the very obvious one," Prime Minister Jacinda Ardern said at her post-Cabinet press conference today. She then singled out "those who work in large events." "Let's not forget they were among ...

More Economy

Inflation data keep RBNZ rate cuts on track
Economy

Inflation data keep RBNZ rate cuts on track

Today's data point to inflation peaking close to 3% in 3Q. 

Cars from collapsed dealer at director’s previous firm
Economy

Cars from collapsed dealer at director’s previous firm

Cars were moved off the yards before the insolvencies.

First look at NZICC, and SkyCity's hopes for $70m fund
Economy

First look at NZICC, and SkyCity's hopes for $70m fund

SkyCity's COO says a new govt fund should help fill empty hotel rooms across Auckland.

Dileepa Fonseka 15 Sep 2025
Banks revise economic outlooks for Q2 GDP contraction
Finance

Banks revise economic outlooks for Q2 GDP contraction

Economists now see NZ's GDP contracting in Q2, but doubt a technical recession in Q3.

Andy Macdonald 15 Sep 2025