NZ is in recession – so far there are few signs the government has a plan to stimulate and grow the economy
- Written by: Grant Duncan, Visiting Scholar in Politics, City, University of London
If you live in New Zealand and you’re feeling poorer, you’re not imagining it. Stats NZ has revealed the economy was in recession over the second half of last year. GDP fell in the September and December quarters by –0.3% and –0.1% respectively.
Taking into account the record high levels of immigration, Westpac’s most...
