Geof Nightingale: Independent tax expert on the economic outlook revealed in Treasury's half yearly economic and fiscal update
There’s a view growth is coming, despite a grim outlook for the New Zealand economy.
The half year economic and fiscal update shows a surplus is not expected until at least 2029.
Cost savings which have led to job cuts and re-prioritisation in the public sector this year are set to continue.
Independent tax expert Geof Nightingale told Heather du Plessis-Allan there are green shoots of economic activity.
He says unemployment's not as bad as it was, and wages are growing, both of which will help with our growth.
LISTEN ABOVE
The podcasts in the SME Stream contain general information…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.