Economists are anticipating GDP growth close to zero for the last quarter. 

The Reserve Bank's forecasting a flat zero percent, ANZ is expecting a 0.1 percentage point growth, while ASB anticipates a 0.2-point drop.

If today's economic growth figures are negative New Zealand will enter a technical recession after the last quarter also saw negative growth. 

NZ Initiative executive director Oliver Hartwich told Mike Hosking that if it goes slightly up or down it doesn't matter as GDP per capita is what's important. 

He says it plays out against a background of record immigration with a net intake of 140-thousand people, which means we're going backwards on a per capita basis.

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Economists are anticipating GDP growth close to zero for the last quarter.  
The Reserve Bank's forecasting a flat zero percent, ANZ is expecting a 0.1 percentage point growth, while ASB anticipates a 0.2-point drop. 
If today's economic growth figures are negative New Zealand will enter a technical recession after the last quarter also saw negative growth.  
NZ Initiative executive director Oliver Hartwich told Mike Hosking that if it goes slightly up or down it doesn't matter as GDP per capita is what's important.  
He says it plays out against a background of record immigration with a net intake of 140-thousand people, which means we're going backwards on a per capita basis. 
LISTEN ABOVE

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition, hosted by Kate Hawkesby on Newstalk ZB.

Early Edition on Newstalk ZB

Oliver Hartwich: NZ Initiative Executive Director on the possibility of New Zealand entering a technical recession

The state of New Zealand’s economy is a disappointment.

In a pre-Budget speech to the Employers and Manufacturers Association, Finance Minister Nicola Willis confirmed the Government had found savings to pay for tax cuts.

However, she warned that the books are still in a structural deficit, with spending outpacing tax revenue. 

EMA CEO Brett O’Riley told Mike Hosking that while it was disappointing to hear how bad the economy has gotten; it’s heartening to know that there’s a long-term plan. 

He said the early hints of the Government’s economic growth plan was encouraging to a lot of people in the audience.

LISTEN ABOVE

The state of New Zealand’s economy is a disappointment. 
In a pre-Budget speech to the Employers and Manufacturers Association, Finance Minister Nicola Willis confirmed the Government had found savings to pay for tax cuts. 
However, she warned that the books are still in a structural deficit, with spending outpacing tax revenue.  
EMA CEO Brett O’Riley told Mike Hosking that while it was disappointing to hear how bad the economy has gotten; it’s heartening to know that there’s a long-term plan.  
He said the early hints of the Government’s economic growth plan was encouraging to a lot of people in the audience. 
LISTEN ABOVE

Brett O'Riley: Employers and Manufacturers Association on the state of the Economy and Nicola Willis' pre-Budget speech

Rishi Sunak and Keir Starmer have hit the ground running in the UK.

The leaders of the Conservative and Labour parties, respectively, are out and about ahead of the July 4 election.

But Newstalk ZB UK correspondent Vincent McAviney told Mike Hosking that it hasn't been a smooth start for the Conservative leader.

He says Sunak had an embarrassing faux par in Wales when he asked locals if they were excited to watch the upcoming football, despite Wales not getting through to the Euro finals.

LISTEN ABOVE

Rishi Sunak and Keir Starmer have hit the ground running in the UK. 
The leaders of the Conservative and Labour parties, respectively, are out and about ahead of the July 4 election. 
But Newstalk ZB UK correspondent Vincent McAviney told Mike Hosking that it hasn't been a smooth start for the Conservative leader. 
He says Sunak had an embarrassing faux par in Wales when he asked locals if they were excited to watch the upcoming football, despite Wales not getting through to the Euro finals. 
LISTEN ABOVE

Vincent McAviney: UK Correspondent on the campaigning ahead of the July general election

It’s little surprise a large number of Kiwi teachers didn't pass some high-school subjects. 

New research has found a quarter of new primary school teachers failed maths and more than half failed science at NCEA Level One. 

More than half who pursued Level Two maths also failed. 

The Teaching Council's calling for more investment and widespread changes to how teachers are prepared for the classroom. 

Auckland University Dean of Education Mark Barrows told Mike Hosking that they've known for a while people heading into primary teaching tend to be under-qualified in those areas. 

He says providers need to think about how they can produce programmes that help students get past that.

LISTEN ABOVE

It’s little surprise a large number of Kiwi teachers didn't pass some high-school subjects.  
New research has found a quarter of new primary school teachers failed maths and more than half failed science at NCEA Level One.  
More than half who pursued Level Two maths also failed.  
The Teaching Council's calling for more investment and widespread changes to how teachers are prepared for the classroom.  
Auckland University Dean of Education Mark Barrows told Mike Hosking that they've known for a while people heading into primary teaching tend to be under-qualified in those areas.  
He says providers need to think about how they can produce programmes that help students get past that. 
LISTEN ABOVE

Oliver Hartwich: NZ Initiative Executive Director on the possibility of New Zealand entering a technical recession

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