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19 Apr 2024 21:11
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  •   Home > News > Business

    New Zealand's again avoided a recession

    New Zealand's again avoided a recession


    Broad-based growth in this year's first quarter ... has driven a one point six per cent rise in GDP.

    It follows a one per cent fall in the December quarter.

    The Herald's Liam Dann says the first quarter of the year had been expected to be tough.

    He says it's the peak of the tourist season, the cruise ships are usually in, and we're usually having the arrival of international students - who didn't turn up.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     19 Apr: The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem
     19 Apr: Larger than life
     19 Apr: Households will need to keep spending tight for another year yet
     19 Apr: Experts are forecasting more financial pressure for households, continuing into late next year
     18 Apr: The Reserve Bank may have to make some unpopular decisions
     17 Apr: Taylor Swift may get a tiny bit of the blame, for inflation and interest rates staying higher longer
     17 Apr: Inflation is slowing, but many New Zealanders are still getting poorer
     Top Stories

    RUGBY RUGBY
    Highlanders halfback James Arscott is sticking to the basics ahead of a rare start in tonight's Super Rugby clash against the Reds in Brisbane More...


    BUSINESS BUSINESS
    The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem More...



     Today's News

    Health & Safety:
    Rare black-footed ferrets successfully cloned from frozen tissue samples in the US 21:07

    Entertainment:
    Olly Murs has become a father for the first time 20:40

    Entertainment:
    Zayn Malik wants to be a "proper" farmer one day 20:10

    International:
    Iranian state media reports explosions heard at airport in central Iran 19:47

    Entertainment:
    Olivia Munn was "not afraid of death" when she was diagnosed with cancer 19:40

    Entertainment:
    Simone Biles "broke down" over the backlash aimed at her husband Jonathan Owens 19:10

    Law and Order:
    Police have confirmed post-mortem examinations show an elderly couple found dead in an Auckland paddock were killed by an animal 18:57

    Entertainment:
    Hilary Duff has undergone acupuncture in preparation for giving birth 18:40

    Rugby:
    Highlanders halfback James Arscott is sticking to the basics ahead of a rare start in tonight's Super Rugby clash against the Reds in Brisbane 18:37

    Entertainment:
    Kate Beckinsale has hinted at "tummy troubles" after her recent health issues 18:10


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