(NZD0.6 billion or 0.2% of GDP). The government had also approved a NZD0.9 billion debt funding agreement (convertible to equity) with Air New Zealand to ensure continued freight operations, domestic flights and limited international flights. In addition, on March 28 the government announced ...
Statistics New Zealand CalendarGMTReferenceActualPreviousConsensusTEForecast 2024-07-1610:45 PM Inflation Rate YoY Q23.3%4%3.5%3.6% 2024-10-1509:45 PM Inflation Rate YoY Q32.2%3.3%2.2%2.0% RelatedLastPreviousUnitReference CPI1280.001272.00pointsSep 2024 ...
Government Size, Government Debt and Economic Performance with Particular Application to New Zealanddoi:10.1111/1475-4932.12119This analysis finds that long‐run government size and private per capita output have an inverted U﹕haped relationship, with the positive effect of government sSocial Science ...
The Polynesian Maori reached New Zealand sometime between A.D. 1250 and 1300. In 1840, their chieftains entered into a compact with Great Britain, the Treaty of Waitangi, in which they ceded sovereignty to Queen Victoria while retaining territorial rights. That same year, the British began the...
Complete profile for New Zealand. Includes country demographics, geography, government, economy, telecommunications, transportation, military, and transnational issues.
The report continues to note that New Zealand's external balances are a risk, mostly due to private sector debt held offshore. However, it also notes that housing-related imbalances facing the country's financial system have stabilized recently, and may continue to stabilize as a result of gov...
When you place the damage from Val alone in a New Zealand context, it is not hard to see why. The $NZ535 million bill sounds big enough, but when you consider that New Zealand’s per capita income is at least seven times greater, and that we have 20 times the population, you ...
It was, we were told, critical for governments around the world to close infrastructure deficits and New Zealand’s was “one of the worst”. He appeared to attack a focus on reducing deficits and keep government debt in check, suggesting that the government needed to spend “a lot more”...
As larger debt is also associated with lower levels of private output, the recent policy of contraction in government size and debt in New Zealand has produced an output premium. The short-run analysis suggests that the inverse relationship found between changes in government size and economic ...
France 46.1%, Australia 9.5%, Singapore 9.3%, New Zealand 4.3% (2003) Debt - external: $79 million (1998 est.) Economic aid - recipient: $880 million annual subsidy from France (1998) Currency: Comptoirs Francais du Pacifique franc (XPF); note - may adopt the euro in 2003 ...