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Nicola Willis: Finance Minister on the state of the economy and fall in GDP figures

Nicola Willis: Finance Minister on the state of the economy and fall in GDP figures

The Mike Hosking Breakfast · Newstalk ZB

December 14, 20236m 47s

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Show Notes

The Finance Minister says they've inherited a toxic trifecta of high inflation, high interest rates, and recession.  

GDP fell 0.3% in the three months to September, a much worse result than economists had predicted. 

The June quarter's figures showed 0.5% growth, revised from 0.9%. 

Nicola Willis told Mike Hosking that it's bad, but claims her government can clean it up. 

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Topics

nicola willisFinance Minister Nicola Williseconomyfinanceseconomic