New Zealand Household Saving Drops $1.6B, Net Worth Falls 0.9% Year-End 2024

In the March 2025 quarter, New Zealand's household net disposable income increased by 1.5%, while household saving declined slightly compared to the previous quarter, according to newly developed experimental quarterly institutional sector accounts. Meanwhile, the Czech Republic's general government sector deficit worsened to CZK 73.6 billion in Q1 2025, equivalent to 3.7% of GDP, with government debt rising to 43.4% of GDP due to increased expenditures on employee compensation, social benefits, and subsidies. Government revenues increased by 4.5% year-on-year, driven by higher social contributions and taxes on production and imports, but expenditures grew faster at 5.5%. Additionally, a meeting for noteholders of £600 million 3.184% 2029 Notes issued by Annington Funding plc was adjourned due to a lack of quorum and rescheduled, with noteholders advised to seek independent financial advice if uncertain about the implications. These updates highlight ongoing fiscal challenges and financial market activities in different regions during the first half of 2025.