New Zealand appears to be edging closer to a recession, with some regions faster than others.

BusinessNZ's latest Planning Forecast suggests the country's on track for a mild recession, with interest rates rising and retail sales falling.

It says employers are still finding it difficult to fill roles due to the tight labour market.

Chief Executive Kirk Hope told Mike Hosking while not all regions are being equally affected, the national trend is clear.

He says regions like Canterbury are bucking the trend.

LISTEN ABOVE

New Zealand appears to be edging closer to a recession, with some regions faster than others.
BusinessNZ's latest Planning Forecast suggests the country's on track for a mild recession, with interest rates rising and retail sales falling.
It says employers are still finding it difficult to fill roles due to the tight labour market.
Chief Executive Kirk Hope told Mike Hosking while not all regions are being equally affected, the national trend is clear.
He says regions like Canterbury are bucking the trend.
LISTEN ABOVE

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, 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,...

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