NZ well-placed, but Robertson doesn't rule out recession

Rebecca Howard
Thu, 12 May 2022

NZ well-placed, but Robertson doesn't rule out recession
Low unemployment will help insulate the economy. (Image: Getty)
Rebecca Howard
Thu, 12 May 2022
Finance minister Grant Robertson acknowledged a recession is possible but said New Zealand is well-positioned should one eventuate.“The actions the Reserve Bank (RBNZ) is taking from a monetary policy point of view, with interest rates coming up, you do have the potential makings of the kind of outcomes that Stephen [Toplis] and his crew at the BNZ are forecasting,” the minister said in a response to a question at the Wellington Chamber of Commerce pre-budget breakfast on Thursday. Yesterday, BNZ published a research note entit...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property FREE
Money Answers: how much mortgage can I actually afford?
Frances Cook | Sat, 25 Jun 2022

This week, readers ask how they should decide as a family what they can afford in terms of buying a house – and just because you can, should you?

The eyes have it
The Economist | Sat, 25 Jun 2022

Short-sightedness used to be rare. Now it's growing across the globe. Tim Cross, The Economist's technology editor, investigates its rapid rise.

On the Money
On the Money: Don Braid, Fletcher, Steve Newman and more
Victoria Young | Sat, 25 Jun 2022

OTM this week: A bit of matchy-matchy for Don Braid, the reopening of Parliament's lawns, Eroad, Fletcher and more. 

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.