June 17, 2021 • 9 mins
New Zealand has again avoided a recession.
Broad-based growth in this year's first quarter has driven a 1.6 per cent rise in GDP.
It follows a 1 per cent fall in the December quarter.
The Herald's Liam Dann told Kerre McIvor the first quarter of the year had been expected to be tough.
"It's the peak of the tourist season, the cruise ships are usually in, we're usually having the arrival of a whole wave of international students who didn't turn up."
LISTEN ABOVE
Broad-based growth in this year's first quarter has driven a 1.6 per cent rise in GDP.
It follows a 1 per cent fall in the December quarter.
The Herald's Liam Dann told Kerre McIvor the first quarter of the year had been expected to be tough.
"It's the peak of the tourist season, the cruise ships are usually in, we're usually having the arrival of a whole wave of international students who didn't turn up."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Mark as Played
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
The Nikki Glaser Podcast
Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.
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.