Heather du Plessis-Allan Drive •
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Barry Soper: ZB senior political correspondent on the political implications of New Zealand being in recession - Heather du Plessis-Allan Drive

Heather du Plessis-Allan Drive

Today's GDP data has confirmed New Zealand has entered a technical recession.

A new report from Stat NZ shows the economy contracted 0.1 percentage points in the final quarter of last year, following a 0.3 point drop in the September quarter.

ZB senior political correspondent Barry Soper says there's no doubt the books are in a poor state, and the current Government inherited it from their Labour predecessors.

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Barry Soper: ZB senior political correspondent on the political implications of New Zealand being in recession - Heather du Plessis-Allan Drive