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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
3 mins to read

Housing market has helped economy through Covid-19 downturn

ASB chief economist Nick Tuffley says there is now no need for RBNZ to go into negative territory.

Brent Edwards Wed, 02 Dec 2020

The ASB is another economic forecaster now predicting better times for New Zealand’s battered economy.

In its latest quarterly forecasts, the ASB is predicting the economy to shrink just 3% by the end of the year, a much better prospect than the 6-7% slump it predicted in March.

It is

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Brent Edwards Wed, 02 Dec 2020
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Housing market has helped economy through Covid-19 downturn
Politics,
85765
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