As New Zealand’s GDP growth slows, Grant Robertson and Amy Adams clash on whether this is sign of "transition" or a symptom of decline
Trade negotiations between New Zealand and the European Union have officially been launched, with both sides hoping the deal sets an example for the rest of the world.
New Zealand's economic growth eased slightly in line with expectations in the first quarter as a fall in construction activity was offset by growth in the services industries. The primary industries regained some ground.
New Zealand's current-account turned to a surplus in the first quarter, bolstered by the services balance as tourism remained strong.
The Government has carved Singapore out of its foreign buyers ban, in a move that will ease strained relations between the two countries. Sam Sachdeva reports.
A nurses strike looms within a fortnight unless the Government can either stonewall unions in final negotiations or relax its fiscal pursestrings a bit. The Government has relented slightly on its foreign buyers ban, allowing foreigners to hold on to new apartments and hotel units they provide the capital to build. But rest home operators and wine companies missed out on the exemptions they hoped for.
Economists have shaved a few basis points off their forecasts for New Zealand economic growth in the next two years even while forecasting stronger wage pressures, according to the NZIER Consensus Forecasts.
After years of discussions, the European Union is officially launching trade deal negotiations with New Zealand. EU Trade Commissioner Cecilia Malmstrom is headed to New Zealand this week, and spoke to Sam Sachdeva ahead of her visit about what the EU will get out of the deal - as well as the shaky state of international trade.
New Zealand First blocked Andrew Little's proposal to repeal the three strikes law. Winston Peters is pushing ahead with damages claims against MSD, Paula Bennett and Anne Tolley. Manufacturing figures suggested GDP growth slowed a little to 2.7 percent in the March quarter. Kim Jong Un went for a walk around Singapore overnight.
The Labour Government softened its policy on student work visas. Agents for international colleges report faking English language tests for students from China. The Government launched a plan with industry leaders to reduce plastics waste. ASB's parent agreed to pay a A$700 million fine for breaching laws to stop money laundering.