Why the HSBC's chief economist is tipping NZ workers may come home

HSBC's chief economist Paul Bloxham was crowned the top Australian economic forecaster for 2024. (Image: HSBC)

Thu, 08 May 2025

A top economist says New Zealand stands to benefit from China’s focus on boosting consumption as a proportion of its gross domestic product. HSBC’s chief economist for Australia and NZ, Paul Bloxham, famously dubbed NZ the rock star economy in 2014. The recent economic vibe has possibly been more akin to angsty grunge than rock star. Bloxham said the NZ economy recorded the worst performance among developed nations in 2024 after the Reserve Bank of NZ hiked interest rates to counter inflation. However, Bloxham...

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