Friday, June 11, 2010
New Zealand's central bank Thursday raised the benchmark interest rate by 25 basis points to 2.75 percent, the first hike in over a year.
Friday, May 28, 2010
New Zealand posted its first annual trade surplus in nearly eight years in the 12 months to April as declines in imports outstripped lower exports, official figures showed Thursday.
Wednesday, May 26, 2010
Air New Zealand said Tuesday it was increasing the number of seats available on its domestic and international routes as air travel starts to recover from the global economic crisis.
Monday, May 24, 2010
New Zealand Finance Minister Bill English said interest rates are likely to “move up a bit” as the economy recovers, affecting the nation's currency.
Friday, May 21, 2010
New Zealand's center-right government cut personal taxes across the board to compensate for raising the comprehensive goods and services tax (GST) in its annual budget announced in parliament Thursday.
Friday, May 7, 2010
New Zealand's unemployment rate posted a shock record fall to 6.0 percent in the March quarter as the country slowly recovers from a long recession, official figures showed Thursday.
Friday, April 30, 2010
New Zealand's central bank said Thursday the official interest rate would be held at a record low 2.5 percent, but added it expected to start raising rates soon.
Tuesday, April 13, 2010
New Zealand has reportedly won an interim ruling from the World Trade Organisation against Australia's restrictions on imports of its apples.
Saturday, April 10, 2010
New Zealand recorded a smaller than expected deficit of NZ$4.49 billion (US$3.14 billion) in the eight months to the end of February, largely due to reduced government spending, the finance minister said Friday.
Wednesday, March 31, 2010
New Zealand's home-building approvals rose for the first time in three months in February, adding to signs residential construction will help buoy economic growth this year.