{"id":154564,"date":"2025-09-19T09:26:07","date_gmt":"2025-09-19T09:26:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/154564\/"},"modified":"2025-09-19T09:26:07","modified_gmt":"2025-09-19T09:26:07","slug":"nz-governments-economic-stewardship-challenged-by-big-gdp-slump","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/154564\/","title":{"rendered":"NZ Government\u2019s Economic Stewardship Challenged by Big GDP Slump"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">New Zealand Prime Minister Christopher Luxon and Finance Minister Nicola Willis are facing questions about their stewardship of the economy after it contracted much more than anyone expected in the second quarter.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Luxon was forced to express confidence in Willis Friday in Auckland as critics called for her resignation in the wake of data showing gross domestic product slumped 0.9% in the three months through June \u2014 <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-09-17\/new-zealand-economy-shrank-more-than-forecast-in-second-quarter\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">three times as much<\/a> as economists and the central bank had forecast.<\/p>\n","protected":false},"excerpt":{"rendered":"New Zealand Prime Minister Christopher Luxon and Finance Minister Nicola Willis are facing questions about their stewardship of&hellip;\n","protected":false},"author":2,"featured_media":154565,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,2445,46,59021,3607,893,9316,1571,81432,100,5441,44426,14818],"class_list":{"0":"post-154564","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-economic-growth","12":"tag-economy","13":"tag-fund-manager","14":"tag-gdp","15":"tag-government","16":"tag-interest-rates","17":"tag-labor","18":"tag-labour-party-the","19":"tag-markets","20":"tag-new-zealand","21":"tag-reserve-bank","22":"tag-superannuation"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/154564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=154564"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/154564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/154565"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=154564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=154564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=154564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}