The Finance Minister says anxiety about tariffs will be playing a part in slowing down New Zealand's economic recovery. 

Unemployment's reached a five-year high of 5.2%. 

Economists think it could rise even higher before it starts turning around. 

Nicola Willis told Mike Hosking tariffs aren't great, but some people may have been more worried than they should be. 

She says the tariffs will have affected confidence and investment intentions, but it's important to remember that New Zealand is doing okay compared to the rest of the world. 

LISTEN ABOVE 

The Finance Minister says anxiety about tariffs will be playing a part in slowing down New Zealand's economic recovery.&nbsp;
Unemployment's reached a five-year high of 5.2%.&nbsp;
Economists think it could rise even higher before it starts turning around.&nbsp;
Nicola Willis told Mike Hosking tariffs aren't great, but some people may have been more worried than they should be.&nbsp;
She says the tariffs will have affected confidence and investment intentions, but it's important to remember that New Zealand is doing okay compared to the rest of the world.&nbsp;
LISTEN ABOVE&nbsp;

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,...

The Mike Hosking Breakfast

Nicola Willis: Finance Minister on the unemployment rate, impact of tariff uncertainty

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a5107acf-7df8-4f82-8dc7-b331015056a1/transcript