One economic expert believes there are 'bright pockets' to be found in today's newly-released GDP figures.

Data from Stats NZ shows the economy contracted 0.1 percentage points in the final quarter of 2023- putting New Zealand in a technical recession.

NZ Herald business editor Liam Dann says this means the economy is turning faster than expected, which will hopefully mean rates could come down.

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One economic expert believes there are 'bright pockets' to be found in today's newly-released GDP figures.
Data from Stats NZ shows the economy contracted 0.1 percentage points in the final quarter of 2023- putting New Zealand in a technical recession.
NZ Herald business editor Liam Dann says this means the economy is turning faster than expected, which will hopefully mean rates could come down.
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

Liam Dann: NZ Herald business editor at large on today's Stats NZ data confirming New Zealand is in recession

US President Donald Trump recently took to Truth Social to offer to send a hospital boat over to Greenland - an offer Greenland's  prime minister has criticised.

Trump claimed in the post that 'many people' on the island are sick and 'not being taken care of'.

UK correspondent Gavin Grey says Trump has long coveted Greenland, and it's unusual that Trump would want to send extra medical help to a country with free healthcare.

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US President Donald Trump recently took to Truth Social to offer to send a hospital boat over to Greenland - an offer Greenland's &nbsp;prime minister has criticised.
Trump claimed in the post that 'many people' on the island are sick and 'not being taken care of'.
UK correspondent Gavin Grey says Trump has long coveted Greenland, and it's unusual that Trump would want to send extra medical help to a country with free healthcare.
LISTEN ABOVE

Gavin Grey: UK correspondent on Donald Trump sending a US hospital boat to Greenland

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5ed75952-0f62-4314-bcdb-b3fa0076ed7d/transcript

Donald Trump remains steadfast in his pursuit of sweeping global tariffs - slamming a US Supreme Court decision outlawing them as anti-American. 

The President's now taking advantage of a never-used trade law to enact 15 percent temporary levies, under the guise of a balance of payments deficit.

Harbour Asset Management's Shane Solly unpacked the market reactions.

LISTEN ABOVE

Donald Trump remains steadfast in his pursuit of sweeping global tariffs - slamming a US Supreme Court decision outlawing them as anti-American.&nbsp;
The President's now taking advantage of a never-used trade law to enact 15 percent temporary levies, under the guise of a balance of payments deficit.
Harbour Asset Management's Shane Solly unpacked the market reactions.
LISTEN ABOVE

Shane Solly: Harbour Asset Management expert on the market's response to Donald Trump increasing global tariffs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/854d9fab-5600-47cc-a9f2-b3fa0074a316/transcript

Comvita’s half-year result shows the company is seeing a noticeable financial turnaround.

Its result for the six months ended December 31 had revenue up 18.3 percent to $118 million, EBIT up 10.7m to $10m, and debt reduced by $32.9m to $48.7m.

Comvita CEO Karl Gradon says he's proud to see the company return to profitability and he's confident the company's been through the worst of it.

LISTEN ABOVE

Comvita’s half-year result shows the company is seeing a noticeable financial turnaround.
Its result for the six months ended December 31 had revenue up 18.3 percent to $118 million, EBIT up 10.7m to $10m, and debt reduced by $32.9m to $48.7m.
Comvita CEO Karl Gradon says he's proud to see the company return to profitability and he's confident the company's been through the worst of it.
LISTEN ABOVE

Karl Gradon: Comvita CEO on the company returning to profit in half-year result

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bfdceb86-e336-4c63-a333-b3fa00733795/transcript

Liam Dann: NZ Herald business editor at large on today's Stats NZ data confirming New Zealand is in recession

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