NZ At A Glance
Currently the NZ economy is in an enviable state. Growth is robust, employment prospects are good, the housing market is stable, global demand is supportive, we’ve got fiscal surpluses and interest rates are low. From here, though, things get a little more difficult and we expect economic growth to moderate despite significant fiscal stimulus. Nonetheless, barring a major asset price correction, induced by global monetary tightening, the prospects remain relatively sound for the medium term.