Two-fifths of the deficit is cyclical, says the Treasury.
Economists miss the mark as latest Stats NZ figures show inflation remains near historic highs.
RBNZ releases first wave of feedback to five-yearly review of monetary policy remit.
RBNZ continues on path of 'least regrets' with eighth OCR hike.
Reserve Bank lifts the cash rate to 3.5% – and pondered a 75bp hike.
Reserve Bank of Australia still hiking to tame inflation pressures.
NZIER’s quarterly survey shows a net 42% of businesses pessimistic about the outlook.
Fifth consecutive hike of 50 basis points expected this week as RBNZ tackles inflation.
New Zealand is doing better than previously assessed but still faces a productivity challenge.
ANZ survey shows inflation expectations under 6% for first time in six months.