News | Business
19 Sep 2025 21:10
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
    •    Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Even the Finance Minster's been caught by surprise, by today's sharp drop in GDP

    Even the Finance Minster's been caught by surprise, by today's sharp drop in GDP

    18 September 2025
    GDP's fallen 0.9 percent in the June quarter -- much further than the Reserve Bank and all economists had been expecting.

    The Finance and Economic Growth Minister says uncertainty over Donald Trump's tariffs and the resulting international uncertainty has been weighing on businesses and households.

    But she says no one was picking such a big drop.

    Willis says forecasts are crystal balls, and the Reserve Bank will need to reflect on the size of the contraction when making future interest rate decisions.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     19 Sep: A belief the economic savings from Transmission Gully come from people taking quicker, more efficient trips
     19 Sep: The economic downturn is hitting our manufacturing sector particularly hard
     19 Sep: Another jolt to the Nelson community, reeling already from blows to their regional economy
     19 Sep: Calls for the Reserve Bank to respond swiftly to the latest shock drop in GDP
     19 Sep: Chocolate lovers are being warned not to expect a drastic drop in prices, as cocoa futures start to ease
     18 Sep: Calls for better quality analysis of Cabinet policy proposals, and how they're regulated
     18 Sep: A view that New Zealand businesses were probably spooked by Donald Trump's tariffs
     Top Stories

    RUGBY RUGBY
    The Breakers will be managing Karim Lopez's minutes in their Aussie basketball league season opener against Brisbane tonight in Auckland More...

    BUSINESS BUSINESS
    A belief the economic savings from Transmission Gully come from people taking quicker, more efficient trips More...


     Today's News

    		 Entertainment:
    Paul Newman's family have paid tribute to Robert Redford following his death 21:01

     Entertainment:
    Jimmy Kimmel's TV talk-show has been indefinitely pulled by ABC following his recent remarks about Charlie Kirk 20:31

     Entertainment:
    Ed Sheeran was "intensely unhappy" in the first decade of his career 20:01

     Entertainment:
    Ozzy Osbourne enjoyed a "great life" 19:31

     Entertainment:
    Simon Cowell thinks he's become soft as a talent-show judge 19:01

     Auckland:
    One person's been seriously injured after a truck crash involving three vehicles at Greenlane on Auckland's Southern Motorway shortly after 2.30 18:57

     Law and Order:
    Seven people charged over stabbing deaths of Dau Akueng and Chol Achiek in Cobblebank 18:37

     Basketball:
    The Breakers will be managing Karim Lopez's minutes in their Aussie basketball league season opener against Brisbane tonight in Auckland 18:37

     Entertainment:
    Riley Keough welcomed her second baby with Ben Smith-Petersen earlier this year 18:31

     Law and Order:
    Hakyung Lee, mother accused of killing children, had a 'disease of the mind', defence expert tells court 18:17

     News Search




    Power Search

    © 2025 New Zealand City Ltd