New Zealand Prime Minister Christopher Luxon expects fewer citizens will leave the country as interest rates fall and the economy begins to recover from a prolonged slump.

Maori are aggrieved that Mr Luxon will not stop the ACT Party leader David Seymour introducing legislation to define the principles of the Treaty of Waitangi, the 1840 agreement between tribes and the British Crown that is considered the nation’s founding document.

New Zealand Prime Minister Christopher Luxon can look forward to falling interest rates fueling an economic recovery in 2025 after a turbulent first year in office featuring a likely recession, widening budget deficits and tensions over race relations.