New Zealand economy shrinks by 0.9 per cent in June quarter

Thursday 18 September 2025 · 4 outlets · 4 reports · updated Thu 18 Sep 2025, 3:32pm

In this story Labour Party, Nicola Willis, Donald Trump

The economy declined by 0.9% in the three months to June, a result Finance Minister Nicola Willis attributes to international uncertainty from US tariffs. Labour has rejected this, blaming Prime Minister Christopher Luxon and noting that Australia's economy continued to grow during the same period.

How they headlined it

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1. RNZThu 18 Sep 2025, 12:56pm

   Watch live: Nicola Willis fronts as economy shrinks sharply (opens in new tab)

2. The Press via The PostThu 18 Sep 2025, 12:56pm

   Labour blames economic slow-down on Luxon, not Trump’s tariffs (opens in new tab)

3. Otago Daily TimesThu 18 Sep 2025, 2:06pm

   Willis pins economy slump on global turmoil (opens in new tab)

4. StuffThu 18 Sep 2025, 3:32pm

   The economy has ‘had the stuffing knocked out of it’. Here are your thoughts (opens in new tab)