Rappler's latest stories on New Zealand economy
New Zealand takes biggest economic hit in 29 years
New Zealand's gross domestic product shrinks 1.6% in the 1st quarter of 2020, the biggest fall since early 1991

New Zealand boosts budget spending amid virus downturn
The COVID-19 Response and Recovery Fund is the centerpiece of New Zealand Prime Minister Jacinda Ardern's annual budget

New Zealand unveils huge stimulus package to ease pandemic shock
The government says its NZ$12.1-billion stimulus package is the largest peacetime spending spree in modern New Zealand history

New Zealand slashes rates as prime minister warns of recession
New Zealand Prime Minister Jacinda Ardern says the economic impact of the coronavirus on the country 'could be greater than the global financial crisis'

Middle Earth mania for Hobbit debut
UPDATED Huge crowds swarmed central Wellington for the world premiere of Peter Jackson s The Hobbit an event that sparked Middle Earth mania and brought a touch of Hollywood to New Zealand