Wellington, May 28 (IANS) The New Zealand government on Thursday delivered a restrained 2026 budget focused on fiscal discipline, increased health spending and gradual deficit reduction, while avoiding pre-election giveaways. Delivering the last budget to parliament ahead of the November general election, Finance Minister Nicola Willis said the budget aims to return the government to surplus by 2028-29, a year earlier than previously forecast, driven by tighter spending and rising tax revenue.Ne…
Latest Christopher Luxon News & Updates
Wellington, May 19 (IANS) Prime Minister Narendra Modi is expected to visit New Zealand, possibly in July, local media reported. Earlier this year, the governments of India and New Zealand indicated that preparations were being made for PM Modi’s visit, which would mark his first visit to the country, Radio New Zealand (RNZ) reported.When asked on First Up if PM Modi would visit New Zealand in July, New Zealand’s Deputy Prime Minister David Seymour said they might be able to confirm it very soon…
New Delhi, April 29 (IANS) New Zealand Prime Minister Christopher Luxon on Wednesday described India-New Zealand free trade agreement (FTA) as a once-in-a-generation opportunity, underscoring the scale and potential of the Indian market. Days after the agreement was finalised in New Delhi, Luxon pointed to India’s emergence as the world’s most populous nation and a rapidly expanding consumer economy.“This deal is extremely exciting for New Zealand. It’s going to create jobs, lift wages a…
New Delhi, April 27 (IANS) The Free Trade Agreement (FTA) between India and New Zealand has drawn strong support from policymakers, industry leaders and trade representatives, who described it as a “balanced” and “forward-looking” pact expected to significantly boost bilateral trade and economic cooperation.New Zealand’s Minister for Trade and Investment, Todd McClay, termed the agreement ”very comprehensive”, stressing that both sides had worked hard to ensure it remains equitable. He said…
New Delhi, April 27 (IANS) Calling it a transformative step for inclusive growth, Prime Minister Narendra Modi on Monday said the newly signed India-New Zealand Free Trade Agreement (FTA) will unlock wide-ranging opportunities across key segments of society, from farmers and small businesses to startups and students.In a post on social media platform X, PM Modi described the pact as a ‘landmark moment’ in bilateral ties, emphasising that it reflects the deep trust, shared values and growing …
New Delhi, April 24 (IANS) Commerce and Industry Minister Piyush Goyal on Friday welcomed Todd McClay, Minister for Trade and Investment of New Zealand to India, ahead of the free trade agreement (FTA) signing between the two countries on April 27.In a post on X, the minister said: “Delighted to welcome Mr. Todd McClay, Minister for Trade & Investment, New Zealand, to India, as we begin a new chapter in India-New Zealand economic ties”.He further stated that as we approach the India-NZ F…
New Delhi, April 24 (IANS) As India and New Zealand prepare to sign a Free Trade Agreement (FTA) on Monday, both sides are expected to benefit from expanded trade ties and improved market access, New Zealand Prime Minister Christopher Luxon has said.Taking to the social media platform X, Luxon said, “We will sign a Free Trade Agreement with India on Monday.”In a video message, Luxon said the agreement would improve market access for New Zealand exporters, particularly manufacturers of marine jet…
Wellington, April 1 (IANS) India’s High Commissioner to New Zealand Muanpuii Saiawi presented her Letter of Credence to New Zealand Governor-General Dame Cindy Kiro on Wednesday who conveyed her best wishes to the Indian diplomat for her new assignment. The presentation of credentials ceremony started with a traditional Maori welcome.”High Commissioner Ms. Muanpuii Saiawi presented her Letter of Credence to H.E. The Right Hon’ble Dame Cindy Kiro, Governor-General of New Zealand who conveyed he…
Wellington, March 31 (IANS) New Zealand Prime Minister Christopher Luxon has defended his Government’s targeted cost‑of‑living support amid soaring fuel prices, saying that while New Zealand cannot control global energy markets, it must help those most affected. In a post on X, Luxon said the conflict in the Middle East is directly leading to higher prices at the pump in New Zealand, putting pressure on households and businesses across the country. “That’s affecting households an…
Seoul, March 24 (IANS) South Korean President Lee Jae Myung spoke Tuesday with New Zealand Prime Minister Christopher Luxon by phone and they shared their thoughts on the current situation unfolding in the Middle East, Cheong Wa Dae said. The two leaders discussed the repercussions that the ongoing US-Israeli war against Iran is having on the global economy and energy supplies, and shared with each other the set of policy measures they have put in place to stabilize livelihoods in their countrie…