Nicola Willis: Finance Minister on the state of the economy and fall in GDP figures
The Mike Hosking Breakfast - A podcast by Newstalk ZB
The Finance Minister says they've inherited a toxic trifecta of high inflation, high interest rates, and recession. GDP fell 0.3% in the three months to September, a much worse result than economists had predicted. The June quarter's figures showed 0.5% growth, revised from 0.9%. Nicola Willis told Mike Hosking that it's bad, but claims her government can clean it up. LISTEN ABOVE See omnystudio.com/listener for privacy information.
