New Zealand business reacts to Donald Trump's victory

New Zealand business reacts to Donald Trump's victory
“America has given us an unprecedented and powerful mandate,” Donald Trump says. (Image: Getty)
Gregor Thompson
New Zealand business woke up on Thursday to the news that Donald Trump will re-enter the White House in January.“America has given us an unprecedented and powerful mandate,” Trump said in his victory speech in Florida, predicting a “golden age” under his new administration. ASB senior economist Mark Smith said that if the Republican Party also controls the House of Representatives, Trump would have the licence to carry out his America First policy agenda. “Already large US fiscal deficits could move highe...

More Markets

NZ sharemarket starts new week up 0.2%
Markets Market Close

NZ sharemarket starts new week up 0.2%

The S&P/NZX 50 Index closed at 13,499.04, up 34.58 points or 0.26%.

Graham Skellern 17 Nov 2025
The Warehouse CEO Mark Stirton unveils cost reset amid margin pressure
Retail

The Warehouse CEO Mark Stirton unveils cost reset amid margin pressure

Continued margin pressure and an unsustainable cost base have led The Warehouse Group to implement a comprehensive cost reset programme, something which could see head office roles slashed to save costs.Chief executive Mark Stirton said the group’s shareholders expect decisive ac...

Staff reporters 17 Nov 2025
Banks accelerate crackdown on ‘mule’ scammers
Finance

Banks accelerate crackdown on ‘mule’ scammers

New technology picks up crooked “muleteers” more quickly.

Andy Macdonald 17 Nov 2025