Current Account

(Photo: Jerry Yelich-O'Connor)

2nd-quarter current account gap narrower than expected

Wed 20 Sep

Annual deficit is 2.8% of GDP.

 Ruth Richardson’s 1991 “Mother of All Budgets” remained a favourite talking point for Helen Clark in 2008

Rethinking New Zealand: the changing economic backdrop

Fri 30 Jun 2

From debt to diversification, people need to rethink their presumptions about how the New Zealand economy works.

NZ economy grows smaller-than-expected 0.5% in 1st quarter

Thu 15 Jun 2

Gross domestic product expanded 0.5% in the three months ended March 31.

Increased goods imports caused the larger deficit in 2017 (photo: Tinaz Karbhari)

NZ 1Q current account surplus narrower than expected

Wed 14 Jun

Economists had expected a surplus of $922 million in the first quarter and an annual deficit of $7.3 billion or 2.7 percent of GDP.

Smaller current account deficit a 'structural' change, Joyce says

Wed 7 Jun 1

"We've seen a structural shift in the balance of payments," Joyce said.

NZ dollar little changed

Fri 24 Mar

In New Zealand, merchandise trade figures for February are likely to be the main focus.

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