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The fiscal update is no Christmas present for the government – but signs of a slow recovery are there

  • Written by The Conversation

After a slow economic year, many New Zealanders are eyeing 2025 with uncertainty but also a degree cautious optimism. Interest rates are dropping and unemployment rates remain below expectations.

However, Treasury’s Half Year Economic and Fiscal Update revealed a sluggish economy and weaker tax take than was expected. Government spending was...

Read more: The fiscal update is no Christmas present for the government – but signs of a slow recovery are...

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