Heather du Plessis-Allan Drive •
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Tony Alexander: independent economist on New Zealand's odds of experiencing a recession - Heather du Plessis-Allan Drive

Heather du Plessis-Allan Drive

Optimism from one economist, New Zealand will narrowly miss a recession.

The Reserve Bank forecasts the nation will hit a period of negative GDP growth about midway through 2023.

Its raised the the Official Cash Rate 75 basis points to 4.25 percent - and expects it will peak at 5.5 percent next year.

But independent economist Tony Alexander says if there is a recession at all, it will be very shallow.

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Tony Alexander: independent economist on New Zealand's odds of experiencing a recession - Heather du Plessis-Allan Drive