Fingers crossed
If the country sees a few lucky breaks, Budget 2026 shows a return to surplus in 2029. The period of structural deficits will have lasted almost a decade. Read more
If the country sees a few lucky breaks, Budget 2026 shows a return to surplus in 2029. The period of structural deficits will have lasted almost a decade. Read more
In an age of unprecedented technological upheaval — an upheaval more consequential than even the advent of fire or settled agriculture — we find ourselves standing — quite literally — at a crossroads. The question isn't whether AI will transform writing — it’s what we lose when we let it. Read more
This week’s Budget confirmed what most New Zealanders already suspected. The government’s finances are tight, the deficit persists, and there is no pot of money waiting to be spent on the country’s problems. Just as well, because government spending never delivers growth or prosperity. Read more
The worst-kept secret of this afternoon’s budget is that the entitlement to a fees-free year of tertiary study will be scrapped. On 8 May, New Zealand First leader Winston Peters ‘leaked’ the policy change on Newstalk ZB. Read more
| GDP Quarterly Change: | 0.77% |
|---|---|
| GDP Annual Change: | 1.29% |
| Inflation: | 3.12% |
| Optimal OCR: | 2.36% |
| Optimal OCR Gap: | 0.11% |
| Forecasted OCR Change: | 0.25% |