Liam Dann: NZ Herald business editor on Grant Robertson saying New Zealand can afford not to panic - Heather du Plessis-Allan Drive

The grim economic outlook for 2023 could have set New Zealand up for an austerity-focused Budget.

Instead, Grant Robertson said today's numbers show New Zealand's economy will avoid a recession and the Government will return to a wafer-thin surplus in 2025.

NZ Herald business editor Liam Dann says the Government could have been more cautious with this year's Budget, but Labour took the polls into account.

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