Latest from Economy

Richard Prebble: Labour's support of Te Pāti Māori over haka punishment will be defining issue for next election

OPINION: Te Pāti Māori leaders skipped the Budget debate despite protests on their behalf.

Editorial: Nicola Willis' choice of Budget day attire is a sideshow to policy debate

OPINION: The Finance Minister's dress has become a distraction from her policies.

'Every little bit counts': Willis says ministers 'worked hard' to find savings, Seymour's cuts 'small portion'

The Government found about $5.3 billion overall in savings.

'A real boost': Auckland, Wellington, Christchurch celebrating summer of success

One city saw a visitor spend of more than $30 million over the 2024-25 summer.

Celebrated Auckland restaurant on K Road to close

The restaurant was praised as Auckland’s best new opening in 2019 by Jesse Mulligan.

Cut-off for Govt KiwiSaver contribution nears – why funds could last 30% longer

The Retirement Commission says 80% of KiwiSaver members should see increased funds.

'Resilience': Turners' profit thrives amid tough economic climate

Turners Automotive reported a record net profit of $38.6m, up 17%.

More cuts possible to cover Govt’s extra KiwiSaver costs - Finance Minister

The Green Party is claiming the extra costs could total more than $700m.

Another rate cut expected as new RBNZ Governor fronts for first time

The Reserve Bank will produce new forecasts amid a period of extreme uncertainty.

What's in the Budget for you - student loan borrowers pay more; Best Start payments cut

Follow live updates on the Government's Budget 2025 announcements here.

Nearly 9000 teens to lose welfare if parents can support them under new test

A 'parental assistance test' will be introduced for single 18- and 19-year-olds in 2027.

Govt boosts spending on private schools to support ‘diversity, choice’

It is the first increase in private school funding in 15 years, David Seymour said.

Budget 2025: Every budget item in one interactive

Use the Herald interactive to explore Budget 2025.

Pay equity, KiwiSaver and housing: Where the Govt cut $21b

The pay equity changes have saved the Government almost $13b.

Budget breakdown: The 10 things you need to know

From pay equity savings, to subsidising private schools, to KiwiSaver changes.

'Strongest performers': Rural areas leading NZ's economic recovery

Rural economies were buoyed by better prices for dairy, meat and horticulture exports.

Audrey Young: Willis' pre-Budget attacks suggest she's feeling the pressure

OPINION: It's unusual for a Finance Minister to focus on the Opposition before Budget Day.

Benno Blaschke: Breaking up supermarkets won't solve competition issues

OPINION: Regulatory barriers to entry should be considered as an alternative.