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28 Apr 2024 11:48
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  •   Home > News > Business

    A bit of an economic mixed bag has 2024 shaping up to be a fairly flat year

    A bit of an economic mixed bag has 2024 shaping up to be a fairly flat year


    ASB's March forecast reveals a slow grind for the next three to six months - until interest rates ease and consumer spending gets more puff.

    Ongoing migration is helping to boost activity overall but creating challenges for job seekers in the employment sphere.

    Chief Economist Nick Tuffley says we just have to persevere and be patient.

    He says light is at the end of the tunnel with inflation on its way down - opening the way for the Reserve Bank to cut interest rates and get the economy firing up again.

    © 2024 Newstalk ZB, NZCity

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     27 Apr: Pressure's on the Government to deliver for people come Budget day
     26 Apr: Public sector cuts could be to blame for poor economic outlook
     26 Apr: Activity in the housing market is holding its own against the rising cost of borrowing
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     Today's News

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    Entertainment:
    How Thailand lured the White Lotus producers away from Japan and plans to cash in on the show's popularity with tourists 11:37

    Motoring:
    Kiwi Indycar driver Scott McLaughlin will start on pole in tomorrow morning's Alabama Grand Prix 11:27

    Rugby:
    Blues coach Vern Cotter is calling for a re-think of Super Rugby Pacific's marketing 11:27

    Entertainment:
    Kim Kardashian's infamous nipple bra was "moulded after" her own boobs 11:14

    Politics:
    Prime Minister Chris Luxon has pulled no punches in his first Cabinet reshuffle during his tenure 11:07

    Law and Order:
    How tabloid headlines, fake news and an Australian editor have become the story at Donald Trump's trial 10:47

    Entertainment:
    Philip Seymour Hoffman's younger sister will forever remember him as a "cuddly person" 10:44

    Accident and Emergency:
    One man has died in an incident involving an all-terrain vehicle in the South Island's Waimate District 10:27

    Entertainment:
    Ben Stiller was left "blindsided" for "a long time" by his 'Zoolander' sequel being a turkey 10:14


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