Finance

NZ, Australian economies playing out best-case scenario: NAB

Jenny Ruth
Fri, 18 Dec 2020

Jenny Ruth
Fri, 18 Dec 2020
The New Zealand and Australian economies are performing to what National Australia Bank had earlier forecast as the "best case" scenario, chief executive Ross McEwan told the annual shareholders' meeting."We now think the economy will be back to 2019 growth levels by the end of 2021. That's about a year earlier than we previously thought," McEwan said."Overall, despite some continued uncertainty, the current economic picture reflects what we considered 'best case' in our scenario planning from earlier in...

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