New Zealand's Treasury announced on Thursday that it is likely to revise down its economic and fiscal forecasts due to a persistent slowdown in productivity within the economy. This adjustment reflects ongoing challenges that may impact future growth and financial planning.
Australia is poised for short-term economic challenges following Donald Trump's election, with Treasurer Jim Chalmers indicating potential reductions in output and increased inflation pressures. However, he noted that Australia's economic structure positions it to fare better than many other nations amidst these changes.
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