The Reserve Bank has warned the economic downturn is expected to get worse before it gets better, with unemployment being expected to worsen.

The bank's biannual Financial Stability Report says unemployment will peak at 5.4 percent by 2025.

Infometrics Principal Economist Brad Olsen says there are better economic times on the horizon - but there'll be 6-9 months of pain first. 

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The Reserve Bank has warned the economic downturn is expected to get worse before it gets better, with unemployment being expected to worsen.
The bank's biannual Financial Stability Report says unemployment will peak at 5.4 percent by 2025.
Infometrics Principal Economist Brad Olsen says there are better economic times on the horizon - but there'll be 6-9 months of pain first.&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Brad Olsen: Infometrics Principal Economist on unemployment figures being expected to grow

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5593f8e8-39ed-4340-94a0-b21f00749670/transcript

The US election results will start flooding in tomorrow - and UK officials are weighing up the implications of a Trump or Harris victory.

Donald Trump winning his second term in office is a point of concern for some, with many worried about Trump pulling the US out of NATO and driving up tariffs.

UK correspondent Enda Brady says there's also fears about what a Trump presidency could mean for the Russia-Ukraine war as well.

LISTEN ABOVE 

The US election results will start flooding in tomorrow - and UK officials are weighing up the implications of a Trump or Harris victory.
Donald Trump winning his second term in office is a point of concern for some, with many worried about Trump pulling the US out of NATO and driving up tariffs.
UK correspondent Enda Brady says there's also fears about what a Trump presidency could mean for the Russia-Ukraine war as well.
LISTEN ABOVE&nbsp;

Enda Brady: UK correspondent on what a Trump presidency could mean for the UK

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8b81a5fb-780c-455c-aa64-b21f0079d43b/transcript

Meat and wine exporters are scrambling to get a handle on the possibility of higher tariffs in a key market if Donald Trump wis the presidency.

The Republican presidential candidate has threatened tariffs of at least 20 percent on all imports to pay for tax cuts and increase jobs in the US.

The Country's Jamie Mackay says producers won't want to shoulder the extra costs that could come with these changes.

LISTEN ABOVE

Meat and wine exporters are scrambling to get a handle on the possibility of higher tariffs in a key market if Donald Trump wis the presidency.
The Republican presidential candidate has threatened tariffs of at least 20 percent on all imports to pay for tax cuts and increase jobs in the US.
The Country's Jamie Mackay says producers won't want to shoulder the extra costs that could come with these changes.
LISTEN ABOVE

Jamie Mackay: The Country host on Kiwi meat and wine exporters bracing for tariffs ahead of potential Trump presidency

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/43aff5a6-9818-4937-a08c-b21f0076ef54/transcript

Inland Revenue has admitted to providing Facebook owner Meta with the names, addresses and other contact details of 268,000 taxpayers in 'raw' unencrypted form.

This news comes after an investigation into the IRD's use of social media companies to target taxpayers.

Queenstown employment relations consultant and initial complainant David Buckingham was surprised by this development.

"I did actually think they had some pretty good processes around at least hashing it - that wasn't really the focus of my initial complaint." 

LISTEN ABOVE

Inland Revenue has admitted to providing Facebook owner Meta with the names, addresses and other contact details of 268,000 taxpayers in 'raw' unencrypted form.
This news comes after an investigation into the IRD's use of social media companies to target taxpayers.
Queenstown employment relations consultant and initial complainant David Buckingham was surprised by this development.
"I did actually think they had some pretty good processes around at least hashing it - that wasn't really the focus of my initial complaint."&nbsp;
LISTEN ABOVE

David Buckingham: Queenstown employment relations consultant on the department supplying taxpayer data to Meta

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6709d03d-2a4c-4770-98ba-b21f0071d102/transcript

Brad Olsen: Infometrics Principal Economist on unemployment figures being expected to grow

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