close
MENU
Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
Economy Matters
4 mins to read

We’re paying for past economic sins

ANALYSIS: Until our economy shows spare capacity and the OCR falls, we are no closer to getting out of the woods.

WATCH: NBR columnist Christoph Schumacher speaks with Jonathan Mitchell.

Technically, we are out of the recession. Our economy grew by 0.2% in the first quarter of this year, which is good news after two successive quarters of contraction. But does this marginal growth mean we are out of the woods?

Early economic indicators suggest otherwise. Retail card spending

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

NZ$399.00 / yearly

Offer ends July 31st

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
Christoph Schumacher Mon, 01 Jul 2024
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
We’re paying for past economic sins
Economy Matters,
104624
true