Mark Lister: Investment director for Craigs Investment Partners explains why the NZ dollar is suffering against the Australian dollar
The Mike Hosking Breakfast · Newstalk ZB
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Show Notes
The Kiwi dollar continues to weaken against the Australian dollar, hitting a three-year low last week.
The NZD is currently trading at 88 cents off the back of soft GDP growth and rate cuts, and concerns are raising as China's economic rebound could widen the gap further.
Investment director for Craigs investment partners Mark Lister told Mike Hosking that New Zealand's rate cuts are having a stronger impact on the economy than Australia's.
'We are obviously looking at more rate cuts than we expected and not for the right reasons.'
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