Steven Joyce: Former Finance Minister ahead of Treasury's Half Year Economic and Fiscal Update
There’s a view that New Zealand's still a while away from being a 'rockstar' economy.
Half Year Economic and Fiscal Update documents are coming out early this afternoon, carrying key economic metrics.
Treasury's also releasing a Budget Policy Statement outlining priorities for upcoming spending.
Former Finance Minister Steven Joyce told Heather du Plessis-Allan it was a pretty average year for the economy, and next year looks to be better.
Joyce says getting core spending below 30% of GDP is the goal, but it won’t happen overnight.
He says Bill English spent eight years after the Canterbury…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.