New Zealanders are preparing to tighten their purse strings.

Economist Tony Alexander has surveyed more than 1000 people on their spending expectations.

He's found people expect to increase what they're spending on groceries, gardening equipment and domestic travel, as prices continue to rise across the board.

But he told Mike Hosking a net 28 percent of respondents actually plan to decrease what they're spending overall.

LISTEN ABOVE

New Zealanders are preparing to tighten their purse strings.
Economist Tony Alexander has surveyed more than 1000 people on their spending expectations.
He's found people expect to increase what they're spending on groceries, gardening equipment and domestic travel, as prices continue to rise across the board.
But he told Mike Hosking a net 28 percent of respondents actually plan to decrease what they're spending overall.
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.