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On 19 August, Air New Zealand CEO Greg Foran asked the Government to extend its 48-hour deadline due to the high demand for flights from Queenstown to Auckland. [58] On 26 August, Air New Zealand reported a net loss of NZ$289 million due to closed borders and disrupted services caused by the COVID-19 pandemic.
WELLINGTON (Reuters) -New Zealand and China on Thursday signed agreements on trade and climate change, with human rights also on the agenda, during a trip by Premier Li Qiang, the highest level ...
New Zealand's 1983 Closer Economic Relations agreement with Australia means that the economy aligns closely with that of Australia. Among OECD nations, New Zealand has a highly efficient and strong social security system; social expenditure stood at roughly 19.4% of GDP. [24] [25] [26] Economy of New Zealand by sector and organisation type
The property bubble in New Zealand is a major national economic and social issue. Since the early 1990s, house prices in New Zealand have risen considerably faster than incomes, [ 1 ] putting increasing pressure on public housing providers as fewer households have access to housing on the private market.
Thailand and New Zealand on Wednesday vowed to boost economic cooperation with an aim to triple two-way trade by 2045, as the New Zealand leader visited Thailand for the first time in 11 years.
The two leaders discussed a range of issues important to China-New Zealand relations including economic relations, people-to-people relations links, bilateral cooperation as well as differences on human rights issues and China's territorial claims to the South China Sea and Taiwan Strait. [107] [108]
An egalitarian New Zealand was briefly realised in the interwar and post-war periods, when successive governments sponsored a massive state housing programme. Economic inequality in New Zealand is one of the social issues present in the country. Between 1982 and 2011, New Zealand's gross domestic product grew by 35%. Almost half of that ...
Despite the 1985 rupture in the ANZUS military alliance, New Zealand has maintained good working relations with the United States and Australia on a broad array of international issues. In the past, New Zealand's geographic isolation and its agricultural economy's general prosperity minimised public interest in international affairs.