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Story perspectives

New Zealand Farmers Cut Debt Amid Rising National Burden

8/18/2025

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Story summary
  • New Zealand's agricultural debt fell by 1% to $62.8 billion by May 31, 2025, due to farmers reducing debt with higher earnings.
  • National debt increased by 5.4% to $870 billion, with central government debt nearing $239 billion.
  • Crown debt continues to rise, indicating persistent economic challenges despite attempts to limit borrowing.