New Zealand's sharemarket is in a steady decline, having dropped 20 percent from its January 2021 peak.

The selloffs are accelerated, with a reported 10 percent fall over the past 3 months.

Milford Asset Management's Mark Riggall explains why the market is in decline- and the role geopolitics has played in these figures.

LISTEN ABOVE

New Zealand's sharemarket is in a steady decline, having dropped 20 percent from its January 2021 peak.
The selloffs are accelerated, with a reported 10 percent fall over the past 3 months.
Milford Asset Management's Mark Riggall explains why the market is in decline- and the role geopolitics has played in these figures.
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.