The expectation that interest rate hikes will lead to a recession has been in place for several months.

The negative 4th quarter GDP, increased mortgage costs and announced layoffs have experts convinced that a recession is on the cards- or it's hit New Zealand already. 

Milford Asset Management's Mark Riggall says the economy has been resilient so far, but the incoming recession is still imminent and we may not know when it will hit until after the fact.

Mark Riggall says the early signs of stress on the property market, announced job cuts and inflation running ahead of wage growth are signs the economy is getting weaker.

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The expectation that interest rate hikes will lead to a recession has been in place for several months.
The negative 4th quarter GDP, increased mortgage costs and announced layoffs have experts convinced that a recession is on the cards- or it's hit New Zealand already. 
Milford Asset Management's Mark Riggall says the economy has been resilient so far, but the incoming recession is still imminent and we may not know when it will hit until after the fact.
Mark Riggall says the early signs of stress on the property market, announced job cuts and inflation running ahead of wage growth are signs the economy is getting weaker.
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

Mark Riggall: Milford Asset Management portfolio manager says we may know incoming recession hit NZ after the fact

I reckon Bob Carr might be wasting his time and money suing Winston Peters for defamation .

If he was hoping that he would scare Winston into silence... he hasn't. 

Winston just hit twitter today and doubled-down.

Calling Bob Carr a shill . 

A shill is someone who is a bit of a hustler... who tries to convince other people to think something is great.

Suggesting he’s either shilling for the NZ Labour party who invited him... Or shilling for China.

Like in many examples of defamation cases... it often backfires.

because bob got himself all worked up about Winston first said... which was basically to call him a pawn for China.

How many of us hit the google to find out why Winston said that?

And then found the AFR article “how Bob Carr became China's pawn” 

 But... On the broader argument which is actually about AUKUS. Labour might need to just calm the farm a little bit 

AUKUS is not quite the public flashpoint they seem to think it is... judging by the effort they’re putting in.

I reckon most people don’t care or understand, and all they're seeing is the Labour Party getting hysterical

Like them accusing Winston of embarrassing the country with this spat with Bob Carr - that's just dumb. 

Winston hasn’t embarrassed the country 

Bob carr deosn’t hold office 

He's just a citizen who flew here from Australia to tell us what to do.

So, if anything, Winston stands to win this argument simply because he’s our guy being pushed around by an Australian.

And no one really likes being pushed around by their big brother, do they? 

Anyway... Ijust wonder if Bob Carr’s underestimated Winston Peters 

He loves a fight, and clearly, he’s loving the fight with Bob. 

And Bob might be wise to give up while he's ahead.

LISTEN ABOVE. 

I reckon Bob Carr might be wasting his time and money suing Winston Peters for defamation . 
If he was hoping that he would scare Winston into silence... he hasn't.  
Winston just hit twitter today and doubled-down. 
Calling Bob Carr a shill .  
A shill is someone who is a bit of a hustler... who tries to convince other people to think something is great. 
Suggesting he’s either shilling for the NZ Labour party who invited him... Or shilling for China. 
Like in many examples of defamation cases... it often backfires. 
because bob got himself all worked up about Winston first said... which was basically to call him a pawn for China. 
How many of us hit the google to find out why Winston said that? 
And then found the AFR article “how Bob Carr became China's pawn”  
 But... On the broader argument which is actually about AUKUS. Labour might need to just calm the farm a little bit  
AUKUS is not quite the public flashpoint they seem to think it is... judging by the effort they’re putting in. 
I reckon most people don’t care or understand, and all they're seeing is the Labour Party getting hysterical 
Like them accusing Winston of embarrassing the country with this spat with Bob Carr - that's just dumb.  
Winston hasn’t embarrassed the country  
Bob carr deosn’t hold office  
He's just a citizen who flew here from Australia to tell us what to do. 
So, if anything, Winston stands to win this argument simply because he’s our guy being pushed around by an Australian. 
And no one really likes being pushed around by their big brother, do they?  
Anyway... Ijust wonder if Bob Carr’s underestimated Winston Peters  
He loves a fight, and clearly, he’s loving the fight with Bob.  
And Bob might be wise to give up while he's ahead. 
LISTEN ABOVE.

Heather du Plessis-Allan: I think Bob Carr might be wasting his time

The UK local elections are underway - and Rishi Sunak's fate is hanging in the balance.

Polls indicate Sunak is losing, and his party stands to lose approximately 50 percent of their council seats.

UK correspondent Enda Brady says this could open up a discussion about Sunak's standing ahead of the election.

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The UK local elections are underway - and Rishi Sunak's fate is hanging in the balance.
Polls indicate Sunak is losing, and his party stands to lose approximately 50 percent of their council seats.
UK correspondent Enda Brady says this could open up a discussion about Sunak's standing ahead of the election.
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Enda Brady: UK correspondent on Rishi Sunak underperforming in local elections

China's economy has been experiencing a downturn- weak growth, increased debt, and unwanted Government intervention.

Despite this, China's stock market is the second-best performing market in the world so far this year.

Fisher Funds' Sam Dickie explains further.

LISTEN ABOVE

China's economy has been experiencing a downturn- weak growth, increased debt, and unwanted Government intervention.
Despite this, China's stock market is the second-best performing market in the world so far this year.
Fisher Funds' Sam Dickie explains further.
LISTEN ABOVE

Mark Riggall: Milford Asset Management portfolio manager says we may know incoming recession hit NZ after the fact

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