The Reserve Bank is urging the Government to take a hard look at Stats NZ, with a view to improving the timeliness and accuracy of key economic data.

The department has been put under the microscope, with the central bank highlighting dramatic revisions to GDP (gross domestic product) as one of the reasons for a controversial reversal in its rate track in 2024.

NZ Herald business editor at large Liam Dann explains further.

LISTEN ABOVE

The Reserve Bank is urging the Government to take a hard look at Stats NZ, with a view to improving the timeliness and accuracy of key economic data.
The department has been put under the microscope, with the central bank highlighting dramatic revisions to GDP (gross domestic product) as one of the reasons for a controversial reversal in its rate track in 2024.
NZ Herald business editor at large Liam Dann explains further.
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Liam Dann: NZ Herald business editor at large on the Reserve Bank raising issues with Stats NZ data

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c7a1c9ad-2635-44f4-a73f-b28a007687ce/transcript