The hit to New Zealand’s exports from the economic slowdown in Australia is going to be felt at almost the exact same time as the boost to activity from the domestic construction boom starts to fade. These two factors will contribute to an easing in GDP growth in New Zealand from around 3.0% last year to about 2.3% this year and to 2.0% next year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.