Stabilising the economy is not as simple as investing more. 

Stats NZ figures out yesterday show GDP fell 1% in the three months to September. 

They also revised the preceding quarter down to 1.1% contraction, with both figures putting us in deep recession. 

ANZ Economist Henry Russell told Andrew Dickens the Government should be investing more, if it weren't dealing with its own deficits. 

He says there is going to be another shock on the horizon and the country needs to be prepared to respond to that. 

LISTEN ABOVE 

Stabilising the economy is not as simple as investing more.&nbsp;
Stats NZ figures out yesterday show GDP fell 1% in the three months to September.&nbsp;
They also revised the preceding quarter down to 1.1% contraction, with both figures putting us in deep recession.&nbsp;
ANZ Economist Henry Russell told Andrew Dickens the Government should be investing more, if it weren't dealing with its own deficits.&nbsp;
He says there is going to be another shock on the horizon and the country needs to be prepared to respond to that.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Henry Russell: ANZ Economist on the latest GDP figures putting New Zealand into a recession

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3a5cb5cd-22e4-4f14-950c-b24b0145a9ba/transcript

Guilty verdicts have been reached in France's mass rape trial.  

Dominique Pelicot's been jailed for 20 years after drugging and raping his wife Gisele and inviting dozens of strangers to do the same for over nearly a decade.  

He was also found guilty of taking indecent images of his daughter and his two daughters-in-law.  

Of the other 50 men on trial, 46 were found guilty of rape, two of attempted rape, and two of sexual assault. 

Europe Correspondent Vincent McAviney told Andrew Dickens that there’s been some disappointment around the sentences for the other men, as they received sentences of between 5 and 8 years.  

LISTEN ABOVE 

Guilty verdicts have been reached in France's mass rape trial. &nbsp;
Dominique Pelicot's been jailed for 20 years after drugging and raping his wife Gisele and inviting dozens of strangers to do the same for over nearly a decade. &nbsp;
He was also found guilty of taking indecent images of his daughter and his two daughters-in-law. &nbsp;
Of the other 50 men on trial, 46 were found guilty of rape, two of attempted rape, and two of sexual assault.&nbsp;
Europe Correspondent Vincent McAviney told Andrew Dickens that there’s been some disappointment around the sentences for the other men, as they received sentences of between 5 and 8 years. &nbsp;
LISTEN ABOVE&nbsp;

Vincent McAviney: Europe Correspondent on the sentencing of the men involved in France's mass rape trial

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ccf30289-ec40-4e96-9bb6-b24b015bd1d1/transcript

The Government's teaming up with the private sector to get on top of text scams. 

When people report scam texts as junk on some phones, text messages will soon go directly to the Department of Internal Affairs. 

It can then share the info with telcos so they can be blocked. 

Rush Digital founder and chief executive Danu Abeysuriya told Andrew Dickens we have to work together to solve this problem. 

He sees it as a good approach because if you get a few reports of spam, thousands of further texts can be blocked. 

LISTEN ABOVE 

The Government's teaming up with the private sector to get on top of text scams.&nbsp;
When people report scam texts as junk on some phones, text messages will soon go directly to the Department of Internal Affairs.&nbsp;
It can then share the info with telcos so they can be blocked.&nbsp;
Rush Digital founder and chief executive Danu Abeysuriya told Andrew Dickens we have to work together to solve this problem.&nbsp;
He sees it as a good approach because if you get a few reports of spam, thousands of further texts can be blocked.&nbsp;
LISTEN ABOVE&nbsp;

Danu Abeysuriya: Rush Digital founder on the new measures from the Government, private sector to combat text scams

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/39638e82-e148-4a18-a44c-b24b014cade2/transcript

Listen to the Early Edition with Ryan Bridge Full Show Podcast for Friday 20 December.

Get the Early Edition with Ryan Bridge Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.

Listen to the Early Edition with Ryan Bridge Full Show Podcast for Friday 20 December. 
Get the Early Edition with Ryan Bridge Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts.

Full Show Podcast: 20 December 2024 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/691cc8f5-28cd-4dcb-8f2c-b24b011a8b16/transcript

Henry Russell: ANZ Economist on the latest GDP figures putting New Zealand into a recession

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