We need to unlock a 'Go' economy

We need to unlock a 'Go' economy
We are working more hours but output is falling. (Image: Getty)
Cameron Bagrie
If you want a summation of the pickle New Zealand is in, look no further than the recent speech by the Reserve Bank’s chief economist, Paul Conway.Conway looks beyond the business cycle and at NZ’s long-term economic challenges and key factors influencing future growth or what we call potential growth, including productivity growth.It’s a good synopsis and an easy read.Potential growth is the line that drives living standards across the economy and society. It is a function of labour, capital, natural endowments, relative pric...

More Economy

RBNZ 25bps rate cut wasn't unanimous
Economy

RBNZ 25bps rate cut wasn't unanimous

The vote was 5 to 1 to cut by 25 basis points. 

Rebecca Howard 28 May 2025
RBNZ cuts, signals more to come
Economy

RBNZ cuts, signals more to come

Risks around the economic outlook are heightened. 

Rebecca Howard 28 May 2025
Not everyone thinks the RBNZ should cut this week
Economy

Not everyone thinks the RBNZ should cut this week

Three out of five members of NZIER's Shadow Board recommend a hold. 

Rebecca Howard 26 May 2025
RBNZ rate cut baked in, eyes on track
Economy

RBNZ rate cut baked in, eyes on track

The RBNZ is expected to cut by 25 basis points to 3.25%.  

Rebecca Howard 26 May 2025