PREFU: Border stays closed through all of next year

PREFU: Border stays closed through all of next year
Pattrick Smellie
New Zealand’s borders do not return to normal until 2022 under the economic forecasts released in today’s pre-election fiscal and economic update from the Treasury.However, the update assumes that international tourists and foreign students will start being able to come here again from September next year.Finance Minister Grant Robertson stressed those assumptions were “not a timetable” and were “not based on any government policy” but were forecast assumptions chosen by the Treasury.“We want to ensure...

More Finance

RBNZ cuts number of jobs by 20%
Finance

RBNZ cuts number of jobs by 20%

The Reserve Bank claims $11m of cost savings via Project Denby’s 20% job cuts.

Staff reporters 29 Oct 2025
Kiwibank wary of capital-review barrier to growth
Finance

Kiwibank wary of capital-review barrier to growth

Kiwibank raises issues of competitive advantage.

Andy Macdonald 24 Oct 2025
Heartland Group’s Q1 trading solid, not without challenges
Finance

Heartland Group’s Q1 trading solid, not without challenges

Heartland Group reports solid Q1 performance as NZ business conditions challenging.

Staff reporters 24 Oct 2025
Kiwibank eyes a fairer fight with the Aussie big four
Finance

Kiwibank eyes a fairer fight with the Aussie big four

Kiwibank, partway through a $500m capital hike, sells growth and culture stories.

Andy Macdonald 23 Oct 2025