Key front-foots economic mood: no need for 'needless gloom'

Mon, 20 Jul 2015

By Pattrick Smellie July 20 (BusinessDesk) - The New Zealand economy is resilient and New Zealanders should not "needlessly talk ourselves into a gloomy mindset" because of the fall in dairy prices and international risks such as the Greek economic bail-out and apparent weakness in the Chinese economy, says Prime Minister John Key. Speaking at his first post-Cabinet press conference after a mid-year break in Hawaii in a week when dairy prices plunged a further 10.7 percent and two polls showed a sharp dip in consumers' confidence, Key tac...

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