Labour shortage here to stay, says bank regional forecast
Hot economy unlikely to cool any time soon, ASB says.
Daniel Riordan
Fri, 06 Aug 2021
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New Zealand’s labour shortage may last for years, while inflation is likely to spike to 4%, the highest it’s been since GST was increased in 2010, according to the latest ASB quarterly economic forecast.
“We’ve hit growing pains,” ASB chief economist Nick Tuffley said. “The economy
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Daniel Riordan
Fri, 06 Aug 2021
Contact the Writer: daniel@nbr.co.nz
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