THE TRUTH ABOUT: 3 - The Untold Story

New Zealand takes scalpel to foreign aid budget

New Zealand foreign aid will fall to 0.24 per cent of gross national income, with particular cuts in climate finance in the government's latest budget.

AAP · May 23, 2025

NZ Budget 2025 at a glance: follow the money here

Finance Minister Nicola Willis delivered a pragmatic budget today, balancing fiscal discipline and the promise of economic growth.

The Conversation · May 22, 2025

New Zealand stuck in red as government chases growth

New Zealand is mired in deficits and debt, with Finance Minister Nicola Willis's second budget showing the nation's economic pain.

AAP · May 21, 2025

More cuts coming in no-frills New Zealand budget

Finance Minister Nicola Willis has reiterated her goal to get New Zealand's budget back in surplus by 2028 and has cut her own allowance to do so.

AAP · Apr 29, 2025

New Zealand inflation ticks up to 2.5 per cent

New Zealand's finance minister has declared the era of high inflation over as the nation's CPI registered at 2.5 per cent in the year to March 2025.

AAP · Apr 17, 2025

Frugal Kiwi government takes axe to central bank budget

The Reserve Bank of New Zealand is "redesigning" its operations after the government announced funding cuts of 25 per cent from July.

AAP · Apr 16, 2025

Stop waiting for a foreign hero: NZ’s supermarket sector needs competition from within

New Zealand’s concentrated supermarket sector is back in the spotlight after Finance Minister Nicola Willis said she was open to offering “VIP treatment” to a third international player willing to create competition.

The Conversation · Mar 17, 2025

NZ Reserve Bank governor Adrian Orr quits unexpectedly

New Zealand's top central banker, Adrian Orr, has left the post after seven years in the job and inflation back in the target band.

AAP · Mar 5, 2025

With billions in ‘profit’ exempt from tax, changes to NZ’s charity rules are long overdue

The profit made on every breakfast bowl of weet-bix is tax exempt, giving Sanitarium Health Food Company, owned by the Seventh-day Adventist Church, an advantage over other breakfast food companies. But this could be about to change.

The Conversation · Feb 19, 2025

New Zealand unemployment rate climbs to 5.1 per cent

New Zealand's opposition has blamed Chris Luxon's government for job losses after the country's unemployment rate reached 5.1 per cent.

AAP · Feb 4, 2025