The Christmas turkey is bigger, but with less to go around

(Image: Getty)

Mon, 11 Dec 2023

New Zealand’s economy likely expanded slightly in the third quarter, shored up by a strong influx of migrants.The country’s population grew 2.7% in the year ended Sept 30, supporting higher output and higher demand. Against that backdrop, Kiwibank economists are now tipping the economy to have expanded 0.2% in the September quarter versus the June quarter. They originally expected a 0.2% contraction, but “it has nothing to do with a stronger than expected economy, and everything to do with our record-breaking...

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