Will the economy double-dip?

Will the economy double-dip?
Jenny Ruth
Infometrics chief forecaster Gareth Kiernan is the latest economist to add his weight to the case for expecting a second recession next year, but other economists suggest the spate of stronger-than-expected data is no flash in the pan.Whichever party leads the next government would prefer to believe the optimists, but they should probably be planning for the possibility they're wrong.Kiernan's view is New Zealand's economy remains vulnerable and job losses are ahead, which will punch a hole in consumer spending and drag down economi...

More Economy

Fast-track applications have a $448,000 price tag
Economy

Fast-track applications have a $448,000 price tag

Owners of the 149 listed projects can now lodge substantive applications. 

Rebecca Howard 07 Feb 2025
Pros and cons of a corporate tax cut
Economy

Pros and cons of a corporate tax cut

Business groups are keen for a cut; others doubt its impact and feasibility.

Pattrick Smellie 05 Feb 2025
Jobs data keep RBNZ on track to cut by 50bps in Feb
Economy

Jobs data keep RBNZ on track to cut by 50bps in Feb

The RBNZ has already signalled plans to cut by 50bps this month.

Rebecca Howard 05 Feb 2025
Unemployment rate hits 5.1%
Economy

Unemployment rate hits 5.1%

It is the biggest annual employment decline in 15 years.

Staff reporters 05 Feb 2025