Sir John Key: 'Global economic downturn a real threat'

Author
Newstalk ZB,
Publish Date
Mon, 30 Jul 2018, 8:10AM
Sir John Key is currently the chair ANZ's board and a director of Air New Zealand. Photo / Greg Bowker

Sir John Key: 'Global economic downturn a real threat'

Author
Newstalk ZB,
Publish Date
Mon, 30 Jul 2018, 8:10AM

Sir John Key is concerned about the global economy entering into dangerous waters again.

The former Prime Minister's now in the thick of business, as the chair ANZ's board and a director of Air New Zealand.

He told Mike Hosking a few local and global factors are causing concern for economists and bringing back thoughts of the financial crisis a decade ago.

"These fears include two major economies falling into worse positions, the US running big budget deficits, and China's massive year-on-year growth starting to slow."

LISTEN ABOVE AS SIR JOHN KEY SPEAKS TO MIKE HOSKING

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