WELLINGTON - The New Zealand government will bring a relentless focus on unleashing growth to lift incomes, strengthen local businesses, and create opportunity in 2025, Prime Minister Christopher Luxon said on Tuesday.
The government made tough decisions to ease the cost of living and laid the foundations for a stronger economy, rising incomes and more opportunities for New Zealanders to get ahead, Luxon said in his statement to parliament.
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The prime minister listed priorities in 2025 such as fast track, comprehensive Resource Management Act reform, rewriting New Zealand's health and safety laws, enabling more mining, and allowing farmers to grow their businesses with much less red tape.
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Promising signs of success were seen in 2024, such as inflation dropping and remaining low, interest rates starting to fall, wages continuing to rise faster than inflation, and business and consumer confidence rising, Luxon said.