The latest figures show that, thanks to our strong economic response to COVID-19, New Zealand is heading in the right direction. We’re recovering faster than almost any other country in the world, with GDP growing, exports up, and unemployment at record lows.
Despite this, we know things still feel tough for many families. As global issues like rising inflation, supply chain issues and the war in Ukraine impact prices here at home, we’re taking action to ease the pressure.
We’ve rolled out a range of measures to lift incomes and support Kiwis. To provide immediate relief, we’ve cut fuel tax, road user charges and public transport fares. Other initiatives, like our 1 April income increases, minimum wage increases and the Winter Energy Payment are providing further support to families, as we move forward with our plan for a secure future.
Our record on the economy ›
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