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Has New Zealand's "rockstar economy" become washed up?

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九一星空无限talk ZB,
Publish Date
Thu, 30 Jan 2025, 1:24pm
Photo / File
Photo / File

Has New Zealand's "rockstar economy" become washed up?

Author
九一星空无限talk ZB,
Publish Date
Thu, 30 Jan 2025, 1:24pm

New Zealand鈥檚 鈥渞ockstar economy鈥 seems to have become washed up. 

HSBC chief economist Paul Bloxham coined the term in 2014, and in an update last week confirmed that that鈥檚 far from the case at present. 

He says that the economy had the largest decline in economic growth in the developed world last year, driven by interest rate increases in response to post-pandemic inflation. 

Bloxham joined Kerre Woodham to dig into the data, and discuss what could be done to improve the economy. 

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