There’s a view growth is coming, despite a grim outlook for the New Zealand economy. 

The half year economic and fiscal update shows a surplus is not expected until at least 2029. 

Cost savings which have led to job cuts and re-prioritisation in the public sector this year are set to continue.  

Independent tax expert Geof Nightingale told Heather du Plessis-Allan there are green shoots of economic activity. 

He says unemployment's not as bad as it was, and wages are growing, both of which will help with our growth. 

LISTEN ABOVE  

There’s a view growth is coming, despite a grim outlook for the New Zealand economy.&nbsp;
The half year economic and fiscal update shows a surplus is not expected until at least 2029.&nbsp;
Cost savings which have led to job cuts and re-prioritisation in the public sector this year are set to continue. &nbsp;
Independent tax expert Geof Nightingale told Heather du Plessis-Allan there are green shoots of economic activity.&nbsp;
He says unemployment's not as bad as it was, and wages are growing, both of which will help with our growth.&nbsp;
LISTEN ABOVE &nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Geof Nightingale: Independent tax expert on the economic outlook revealed in Treasury's half yearly economic and fiscal update

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ee1f2495-9432-4d11-b548-b2490139d135/transcript