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"We are dealing with a hangover of an economy": Willis on the slow GDP forecasts

Author
Newstalk ZB,
Publish Date
Tue, 18 Jun 2024, 8:22am
Photo / Mark Mitchell
Photo / Mark Mitchell

"We are dealing with a hangover of an economy": Willis on the slow GDP forecasts

Author
Newstalk ZB,
Publish Date
Tue, 18 Jun 2024, 8:22am

The Finance Minister is warning of tough times ahead. 

NZIER is now forecasting slower than expected economic growth of 0.2% in the year to March this year and 0.6% in the year to March next year. 

Nicola Willis told Mike Hosking that New Zealand has some tough months ahead of it. 

She claims the last government "mismanaged" the economy. 

Willis is also confident the Government will get to the bottom of data misuse allegations. 

King's Council lawyer Michael Heron's been appointed to lead the public sector inquiry into the accusations made against Te Pati Māori.  

He's been given scope to look at a range of government agencies and third parties linked to the claims.  

She told Hosking that it's important the facts of what's gone down are cleared up and out on the table. 

She says the public service commission's been instructed to use its power to ensure the government agencies have taken all the right steps to protect New Zealander's personal data. 

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