How Iran’s war and oil shock could hit inflation, interest rates and jobs

The Finance Minister is adamant that New Zealand’s economic recovery has been delayed, but not derailed, by the war in Iran. 

Nicola Willis has shone a light on the country’s economic outlook in the lead up to next month’s budget. 

At the same time, Stats NZ data on the country’s productivity performance for the year to March 2025 shows our productivity continued to fall during what was a recessionary period for New Zealand. 

Today on The Front Page, NZ Herald business editor at large Liam Dann is with us to take us through what this all means for our country’s economy, and for you. 

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You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

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