Weather effects on farming production weighed down the figures.
The assumption a transition to a more productive economy can be made in a year seems simplistic.
'Borrow till thy kingdom come in your first term. Show results though..Then pay down debt.'
The government should be told to be prudent.
"It takes around 18 months for monetary policy to have an impact, and so the RBNZ needs to anticipate the consequences of government spending and fiscal policy. Otherwise they are shutting the stable door after the horse has bolted."