Today's Q3 GDP report caught several economists by surprise.
GDP fell 0.3 per cent in the September quarter, lower than the predicted 0.2 or 0.3 percent growth forecasts had predicted.
Across the whole year, GDP fell 0.6 percent overall, sparking more grim predictions.
NZ Herald business editor at large Liam Dann says Luxon's inherited a long-running recession to address.
LISTEN ABOVE

Enda Brady: UK correspondent speaks ahead of Trump appearance at NATO summit
03:54

Hamish McKay: The Country spokesperson on the impacts of the rain in Kaikōura
03:25

The Huddle: Should we be worried about China?
09:29