Current account deficit
The deficit between what we earn overseas and what we spend has remained at 6.7% of GDP, contrary to expectations that the ratio would decrease; deficit remains 'unsustainably wide'
18th Sep 24, 11:28am
12
The deficit between what we earn overseas and what we spend has remained at 6.7% of GDP, contrary to expectations that the ratio would decrease; deficit remains 'unsustainably wide'
[updated]
Annual current account deficit falls $200 million with goods exports up $1 billion and service exports shrinking $900 million in March quarter
19th Jun 24, 11:45am
8
Annual current account deficit falls $200 million with goods exports up $1 billion and service exports shrinking $900 million in March quarter
Keith Woodford says New Zealand has an unbalanced economy and desperately needs more exports. Kiwifruit is one of the few industries with potential to help fill the gap
21st Mar 24, 8:09am
37
Keith Woodford says New Zealand has an unbalanced economy and desperately needs more exports. Kiwifruit is one of the few industries with potential to help fill the gap
Inbound tourism helps reduce New Zealand's current account deficit by more than $7 billion in 2023
20th Mar 24, 11:41am
11
Inbound tourism helps reduce New Zealand's current account deficit by more than $7 billion in 2023
New Zealand used its fiscal firepower while the economy was booming and will now cut spending in the middle of a recession, accentuating the downturn
4th Mar 24, 7:31am
73
New Zealand used its fiscal firepower while the economy was booming and will now cut spending in the middle of a recession, accentuating the downturn
BNZ Head of Research Stephen Toplis on the NZ economy 'bouncing along the bottom' and what to expect in 2024
17th Dec 23, 7:00am
129
BNZ Head of Research Stephen Toplis on the NZ economy 'bouncing along the bottom' and what to expect in 2024
[updated]
New Zealand’s trade deficit declined $600 million the in year ended September
13th Dec 23, 11:29am
31
New Zealand’s trade deficit declined $600 million the in year ended September
Terry McFadgen says the new New Zealand government should take a look at Victoria's vacant land tax
4th Nov 23, 9:10am
75
Terry McFadgen says the new New Zealand government should take a look at Victoria's vacant land tax
[updated]
New Zealand's current account deficit shrinks more than economists predicted
20th Sep 23, 11:56am
18
New Zealand's current account deficit shrinks more than economists predicted
[updated]
ACT Party says bad news in the Pre Election Economic and Fiscal Update will require it to reduce its proposed tax cuts
12th Sep 23, 3:31pm
18
ACT Party says bad news in the Pre Election Economic and Fiscal Update will require it to reduce its proposed tax cuts
S&P's Martin Foo discusses NZ's current account deficit, high sovereign credit ratings, comparisons with the 2011 downgrade & more
24th May 23, 8:00am
64
S&P's Martin Foo discusses NZ's current account deficit, high sovereign credit ratings, comparisons with the 2011 downgrade & more
[updated]
Credit rating agency's budget comments highlight ongoing concerns about NZ's current account deficit; Govt bond issuance revised up $20b over 4 years
18th May 23, 4:23pm
13
Credit rating agency's budget comments highlight ongoing concerns about NZ's current account deficit; Govt bond issuance revised up $20b over 4 years
Covid-era spending and urgent infrastructure investments may force future governments to carry more debt than previous ones
16th May 23, 9:50am
46
Covid-era spending and urgent infrastructure investments may force future governments to carry more debt than previous ones
Martin Whetton on how overseas investors view New Zealand government debt
Could the banking crisis ‘morph into something more sinister’ for the New Zealand dollar?
28th Mar 23, 12:41pm
20
Could the banking crisis ‘morph into something more sinister’ for the New Zealand dollar?
New Zealand's current account deficit widest on record in 2022, but forecast to narrow as tourism returns
15th Mar 23, 12:29pm
51
New Zealand's current account deficit widest on record in 2022, but forecast to narrow as tourism returns
The 2022 Interesties featuring inflation, Adrian Orr, Philip Lowe, Jacinda Ardern, Christopher Luxon, Liz Truss & Kwasi Kwarteng, FTX & Sam Bankman-Fried, the current account deficit, the NZ Herald, borrowers & savers and more
20th Dec 22, 9:55am
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The 2022 Interesties featuring inflation, Adrian Orr, Philip Lowe, Jacinda Ardern, Christopher Luxon, Liz Truss & Kwasi Kwarteng, FTX & Sam Bankman-Fried, the current account deficit, the NZ Herald, borrowers & savers and more
[updated]
Statistics New Zealand reports that the country's deficit between what we received for exports and what we spent on imports was a record $29.7 billion in the year to September
14th Dec 22, 11:07am
78
Statistics New Zealand reports that the country's deficit between what we received for exports and what we spent on imports was a record $29.7 billion in the year to September
[updated]
Based on NZ's transactions with the rest of the world, our dollar is 22% overvalued, the Institute of International Finance says
30th Sep 22, 11:16am
81
Based on NZ's transactions with the rest of the world, our dollar is 22% overvalued, the Institute of International Finance says
Lamb prices are high but industry remains buffeted by big crosswinds
Brian Fallow takes a look at the energy policies of the Labour, National, Green and ACT parties against the backdrop of uncertainty over the future of the aluminium smelter at Tiwai Point and the oil refinery at Marsden Point
12th Oct 20, 9:45am
57
Brian Fallow takes a look at the energy policies of the Labour, National, Green and ACT parties against the backdrop of uncertainty over the future of the aluminium smelter at Tiwai Point and the oil refinery at Marsden Point
Stephen Roach sees a China that knows what it has to do, and an America with a serious leadership deficit. Accountability for failure won't be able to be avoided
22nd Mar 18, 5:00am
3
Stephen Roach sees a China that knows what it has to do, and an America with a serious leadership deficit. Accountability for failure won't be able to be avoided
ANZ's Cameron Bagrie suggests New Zealanders may be ready to 'eat broccoli' by making some hard economic decisions such as implementing a comprehensive capital gains tax
7th Jun 17, 12:33pm
78
ANZ's Cameron Bagrie suggests New Zealanders may be ready to 'eat broccoli' by making some hard economic decisions such as implementing a comprehensive capital gains tax
Stats NZ reports NZ current account annual deficit fell to 3.1% of GDP in December from 3.3%; quarterly deficit increased by $221 mln to $1.9 bln
16th Mar 16, 11:08am
Stats NZ reports NZ current account annual deficit fell to 3.1% of GDP in December from 3.3%; quarterly deficit increased by $221 mln to $1.9 bln
Stats NZ reports NZ current account deficit fell by NZ$332 mln in September quarter; annual deficit falls to 3.3% of GDP from revised 3.4% in June
16th Dec 15, 11:03am
Stats NZ reports NZ current account deficit fell by NZ$332 mln in September quarter; annual deficit falls to 3.3% of GDP from revised 3.4% in June