Two-fifths of the deficit is cyclical, says the Treasury.
Westpac McDermott Miller Employment Confidence Index fell to 108 in the December quarter.
Electronic card spending declined in December – the first fall in nine months.
New report highlights squeeze on household budgets, amid rising interest rates and unruly inflation.
NZIER QSBO reveals record net 73% of businesses expect economy to get worse in months ahead.
ANZ report highlights mixed picture for commodities, shipping pressure easing.
Stats NZ data reveals employment growth amid a tight labour market and economic headwinds.
Overseas shocks could drive a hard landing for NZ economy next year; plenty of uncertainty.
All negative, but tourism could be the kicker to get regions humming next year.
Westpac McDermott Miller survey at the weakest level since 1988.