New Zealand's Economic Recovery Faces International Challenges

Reported 2 days ago

New Zealand's economy is showing signs of recovery after a recession in 2024, with a 0.8% growth in the first quarter of 2025. However, international tensions, including a potential trade war with the US, threaten this recovery. The government's investor visa program is attracting foreign capital, with new applications projected to bring NZD 845 million in investment. Despite low overall business confidence, demand for accounting services is high, driven by changes in regulations and the need for compliance. However, the region still faces a skills shortage, and firms are increasingly turning to mergers and acquisitions for growth.

Source: YAHOO

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