New Zealand's government said on Thursday it would spend around NZ$2 billion ($1.42 billion) rebuilding road and railway links to the tourist resort of Kaikoura, after the South Island's main transport artery was wiped out in a deadly earthquake last month.
Growing demand from China partly offset a further collapse in New Zealand's pillar dairy exports last month, the government statistics agency said Monday.
Total annual spending by overseas visitors in New Zealand has topped 10 billion NZ dollars (6.77 billion U.S. dollars) for the first time, with growth of 25 percent in the year to the end of March, according to a government report out Friday.
Work from Asia has helped drive a boom in New Zealand's film and television industry last year, the government statistics agency said Wednesday.
Record spending by foreign tourists helped offset plunging dairy prices to narrow New Zealand' s current account deficit at the end of last year, the government statistics agency said Wednesday.
Spending by Chinese visitors helped offset plunging dairy prices to give New Zealand a slight trade surplus last year, the government statistics agency said Wednesday.
The total spending by international travellers to New Zealand soar by 31 percent to 9.7 billion NZ dollars (6.56 billion U.S. dollars) last year, largely thanks to a surge in spending by Chinese visitors, according to government figures out Friday.
New Zealand dairy giant Fonterra on Thursday slashed its forecast payout to farmers, sparking warnings that the country's economy was looking at a turbulent year ahead.
New Zealand exports to China's Taiwan have risen by more than 20 percent in the year since a two- way free trade agreement, the New Zealand government announced Monday.
A lower-than-expected tax take is putting pressure on the New Zealand government's target of returning to an operating surplus by the end of this financial year, Finance Minister Bill English warned Tuesday.
Exports of New Zealand's agricultural products are set to reach a record 37.7 billion NZ dollars (32.11 billion U.S. dollars) in the year to the end of June, with much of the increase driven by demand in China, according to a government report out Monday.
The New Zealand government is to spend an extra 132 million NZ dollars (113.85 million U.S. dollars) over the next five years on chasing up tax evaders, and two thirds of it will be used to write off unpaid taxes, Revenue Minister Todd McClay said Monday.
New Zealand tax revenue fell below forecast in the second half of last year, leaving the government with an operating deficit of 1.8 billion NZ dollars (1. 49 billion U.S. dollars), which was 380 million NZ dollars (315.58 million U.S. dollars) worse than expected, the New Zealand Treasury announced Friday.
China has been New Zealand's main source of imports since 2011 and trade figures from Statistics New Zealand showed that in November, exports to China reached a record 774 million NZ dollars (634 million U.S. dollars)
New Zealand's median weekly pay packet rose by 4.8 percent to 844 NZ dollars (700 U.S. dollars) in the year to the end of June, driven up by an aging workforce, the government statistics agency announced Friday.
The New Zealand government is to lower the film and television production cost threshold for rebates in a bid to have more global blockbusters made in the country, it announced Wednesday.
简体中文
