The predicted recession may be biting consumers in a matter of months.
Economists have been forecasting a recession to strike the New Zealand economy in 2023, aided by rising interest rates and predictions from the Reserve Bank.
Milford Asset Management Portfolio Manager Sam Trethewey predicts the worst of the recession will hit in the back half of this year.
Sam Trethewey says many households will roll into higher interest rates and experts will be able to figure out what kind of recession is taking hold by the second half of 2023.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.