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In response, the New Zealand Treasury forecast that New Zealand would avoid a recession due to the rebuilding programme resulting from the Auckland floods and Cyclone Gabrielle. The Treasury also forecast that New Zealand's economy would not return to surplus for another year due to declining tax revenue and the Government's 2023 budget ...
The 2023 New Zealand mini-budget generated NZ$7.5 billion worth of savings by stopping 15 programmes including 20 hours of free childcare for two-year-olds (worth NZ$1.2 billion), eliminating depreciation for commercial buildings (NZ$2.3 billion) and disestablishing the Climate Emergency Response Fund (NZ$2 billion). [2]
In 2011 Health spending accounted for 10% of GDP, higher than the OECD average of 9.3%. As in many OECD countries, health spending in New Zealand slowed post-GFC but still reached 3% in real terms in 2010 and 2011 – higher than the OECD average. [22] in 2012 New Zealand has 2.7 doctors per 1,000 population, and increase from 2.2 in the year 2000.
New Zealand society as a whole continues to dream the dream of owner-occupied home-ownership despite changing economic and environmental conditions. The local real-estate sector promotes myths of moving onto (and up) the property ladder [9] accordingly, and New Zealand politicians foster the idea of a stable democracy rooted in property-ownership.
This is a list of the regions of New Zealand by Human Development Index as of 2024 with data for the year 2022. The 2 most populated regions of New Zealand have the highest HDI, although the position of other regions has been variable across recent releases of the index. [1]
Analysis from the Center for Economic and Policy Research showed that construction employment had been growing by closer 20,000 jobs per month between September 2023 and 2024.
Global Peace Index – 2nd at 1.253 [4] Corruption – Least corrupt, at 9.4 on Corruption Perceptions Index [5] Economic Freedom – 4th freest, at 80.6 on Index of Economic Freedom (2022), and 3rd, at 8.28 on Economic Freedom of the World index Fragile States Index, 172/177, being one of the few "sustainable" states in the world. [6]
(Reuters) - Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and invest up to $5 billion in the company's artificial ...