There are signs that green shoots are starting to flourish economically. 

The latest card spending data from Stats NZ shows retail spending was up 1.6-percent last month, compared to November last year. 

Spending was up across the board - on the likes of groceries, household items and clothes.

ASB Chief Economist Nick Tuffley told Ryan Bridge that the GDP for the second half of the year has had a strong rebound. 

He says they're expecting 0.8 percent for the upcoming quarter.

LISTEN ABOVE

There are signs that green shoots are starting to flourish economically.&nbsp;
The latest card spending data from Stats NZ shows retail spending was up 1.6-percent last month, compared to November last year.&nbsp;
Spending was up across the board - on the likes of groceries, household items and clothes.
ASB Chief Economist Nick Tuffley told Ryan Bridge that the GDP for the second half of the year has had a strong rebound.&nbsp;
He says they're expecting 0.8 percent for the upcoming quarter.
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

Nick Tuffley: ASB Chief Economist says GDP has had a strong rebound in the second half of the year

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ed1c6284-fd74-486b-be5d-b3b1005970b7/transcript

Scrapping NCEA is seen as a chance to highlight the importance of the trades.

A New Zealand Initiative report argues replacing the main secondary school qualification could be a chance to help ease skills shortages in construction and healthcare.

Its calling for subjects to be designed with industry boards and students in mind.

NZI Senior Research Fellow Dr Michael Johnston says there's hundreds of apprenticeships available, and more students should be given 'industry training' for the trades.

"It could be electrical engineering, it could be mechanical engineering, it could be construction, animal husbandry, these kinds of things." 

LISTEN ABOVE

Scrapping NCEA is seen as a chance to highlight the importance of the trades.
A New Zealand Initiative report argues replacing the main secondary school qualification could be a chance to help ease skills shortages in construction and healthcare.
Its calling for subjects to be designed with industry boards and students in mind.
NZI Senior Research Fellow Dr Michael Johnston says there's hundreds of apprenticeships available, and more students should be given 'industry training' for the trades.
"It could be electrical engineering, it could be mechanical engineering, it could be construction, animal husbandry, these kinds of things."&nbsp;
LISTEN ABOVE

Michael Johnston: NZI Senior Research Fellow on the calls to teach more students trades as part of secondary learning overhaul

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2c537239-f978-4dd3-b726-b43b004ff80f/transcript

King Charles and Queen Camilla spent the day with the Trumps at the White House, beginning their four-day US state visit.

The royal visit follows the weekend shooting outside the White House Correspondents' Dinner - with a gunman charging a security checkpoint outside the Washington Hilton.

UK correspondent Enda Brady says the royals will be walking a 'diplomatic tightrope', given the tensions between the US and UK amid the ongoing Middle East conflict.

LISTEN ABOVE

King Charles and Queen Camilla spent the day with the Trumps at the White House, beginning their four-day US state visit.
The royal visit follows the weekend shooting outside the White House Correspondents' Dinner - with a gunman charging a security checkpoint outside the Washington Hilton.
UK correspondent Enda Brady says the royals will be walking a 'diplomatic tightrope', given the tensions between the US and UK amid the ongoing Middle East conflict.
LISTEN ABOVE

Enda Brady: UK correspondent on King Charles and Queen Camilla beginning their visit with Donald Trump

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/40fd7287-534a-42b5-8302-b43a00886d9c/transcript

While most of the world will hold interest rates and wait out the energy shock, Australia and New Zealand are set to lift their rates up.

Both nations are looking to bring down inflation, and the ongoing fuel crisis is set to pose additional economic risks. 

HSBC Chief Economist Paul Bloxham explained why this is the case.

LISTEN ABOVE

While most of the world will hold interest rates and wait out the energy shock, Australia and New Zealand are set to lift their rates up.
Both nations are looking to bring down inflation, and the ongoing fuel crisis is set to pose additional economic risks.&nbsp;
HSBC Chief Economist Paul Bloxham explained why this is the case.
LISTEN ABOVE

Paul Bloxham: HSBC Chief Economist on Australia and New Zealand looking to lift rates amid ongoing fuel crisis

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/04747b6c-5f19-468b-b992-b43a00854470/transcript

Nick Tuffley: ASB Chief Economist says GDP has had a strong rebound in the second half of the year

In 1 playlist(s)

Heather du Plessis-Allan Drive

Social links

Follow podcast

Recent clips