Bumpy road ahead: NZ's sluggish economy and housing challenges

Bumpy road ahead: NZ's sluggish economy and housing challenges
You need interest-sensitive sectors to carry the baton too. (Image: Getty)
Cameron Bagrie
The economy appears to have hit a pothole, going by the Reserve Bank of New Zealand’s nowcast (timely) estimate of growth. In the immortal words of David Lange, we appear to have stopped for a cup of tea.The naysayers can point to global uncertainty, weak economic fundamentals, poor productivity, receding migration and rising nervousness over the 2026 election. There are plenty of areas to watch, and uncertainty does not make investment decisions easier; rather, it does the opposite. The farmers currently hold the economic baton...

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