close
MENU
2 mins to read

Drought-driven downturn overly pessimistic, says economist

The forecast big dry this summer is unlikely to hit the economy as badly as previous, similar weather did.
 
Westpac economist Michael Gordon talks about a drought-driven downturn on NBR Radio and on demand on MyNBR Radio.

Rob Hosking
Thu, 22 Oct 2015

What's the story behind the story? Click the NBR Radio box for on-demand special feature audio.

The forecast big dry this summer is unlikely to hit the economy as badly as previous, similar weather did.

NIWA is forecasting an El Nino weather pattern this summer similar to the years 1972-73,

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Rob Hosking
Thu, 22 Oct 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Drought-driven downturn overly pessimistic, says economist
52694
true