Kirk Hope: BusinessNZ Planning Forecast suggests the country is on track for a mild recession

The Mike Hosking Breakfast

Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

1+ y ago 2:16

MP3•Episode home

New Zealand appears to be edging closer to a recession, with some regions faster than others.

BusinessNZ's latest Planning Forecast suggests the country's on track for a mild recession, with interest rates rising and retail sales falling.

It says employers are still finding it difficult to fill roles due to the tight labour market.

Chief Executive Kirk Hope told Mike Hosking while not all regions are being equally affected, the national trend is clear.

He says regions like Canterbury are bucking the trend.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

5677 episodes

#New Zealand Current Affairs #New Zealand #NZME #Newstalk ZB #News