People will have questions, after one of the country's worst quarterly GDP dips in decades.

Stats NZ figures show New Zealand's gross domestic product crashed down one percent in the September quarter.

It's put the country in the deepest recession since the Covid-driven slump in 2020. 

Former Finance Minister Steven Joyce says the Reserve Bank Governor, Adrian Orr, needs to speak up and explain.

"I think there is some legitimate questions to be asked - I can remember, quite recently, him saying he's got it all under control and that this is going to be a soft landing. Well, quite clearly, it wasn't." 

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People will have questions, after one of the country's worst quarterly GDP dips in decades.
Stats NZ figures show New Zealand's gross domestic product crashed down one percent in the September quarter.
It's put the country in the deepest recession since the Covid-driven slump in 2020.&nbsp;
Former Finance Minister Steven Joyce says the Reserve Bank Governor, Adrian Orr, needs to speak up and explain.
"I think there is some legitimate questions to be asked - I can remember, quite recently, him saying he's got it all under control and that this is going to be a soft landing. Well, quite clearly, it wasn't."&nbsp;
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

Steven Joyce: former Finance Minister on New Zealand's GDP crashing harder than expected during September quarter

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dfff6f13-00d6-4a0d-a4c9-b24b004e0499/transcript

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