New Zealand's international credit rating has hit a tipping point, and economists have raised concerns.

Back in March, Fitch Ratings placed New Zealand’s AA+ long-term credit rating on a 'negative outlook', downgraded from 'stable'. 

Moody's later followed suit, claiming the global economic and political uncertainty presented downside risks to growth.

Fitch's Head of Asia-Pacific Sovereigns, Thomas Rookmaaker, says this was driven by a number of factors, including the Middle East conflict and Government debt. 

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New Zealand's international credit rating has hit a tipping point, and economists have raised concerns.
Back in March, Fitch Ratings placed New Zealand’s AA+ long-term credit rating on a 'negative outlook', downgraded from 'stable'.&nbsp;
Moody's later followed suit, claiming the global economic and political uncertainty presented downside risks to growth.
Fitch's Head of Asia-Pacific Sovereigns, Thomas Rookmaaker, says this was driven by a number of factors, including the Middle East conflict and Government debt.&nbsp;
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

Thomas Rookmaaker: Fitch Head of Asia-Pacific Sovereigns explains why NZ's credit rating was downgraded

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f0603013-642c-4b8d-9927-b4490077d946/transcript