Work-permit applications are being declined at double the rate of a year ago, leaving immigrants worried about their future....

The economy has suffered its first annual decline in Gross Domestic Product in 17 years. Statistics New Zealand said today GDP for the year to March shrank 1 percent....

Budget figures and forecasts rate this recession the longest and deepest in New Zealand’s recent history....

May 11 – Confidence has soared in the latest survey of 18,000 readers of the BNZ Weekly Overview, as global optimism rebounded, equity markets rallied and economic data in the U.S. and Australasia was better than expected....