Nicola Willis says uncertainty over Donald Trump's tariffs drove down GDP in the June quarter.

But the Finance Minister admits has admitted she was surprised to see the economy's contracted 0.9 percent.

She says there was consensus that GDP would drop, but most forecasts had it at 0.3 percent.

LISTEN ABOVE

Nicola Willis says uncertainty over Donald Trump's tariffs drove down GDP in the June quarter.
But the Finance Minister admits has admitted she was surprised to see the economy's contracted 0.9 percent.
She says there was consensus that GDP would drop, but most forecasts had it at 0.3 percent.
LISTEN ABOVE

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. 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

Nicola Willis: Finance Minister voices surprise with latest GDP numbers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5209100e-5a3d-41ca-8c74-b35c006a2427/transcript