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.
