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28 Apr 2024 11:05
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  •   Home > News > Business

    A bit of an economic mixed bag has 2024 shaping up to be a fairly flat year

    A bit of an economic mixed bag has 2024 shaping up to be a fairly flat year


    ASB's March forecast reveals a slow grind for the next three to six months - until interest rates ease and consumer spending gets more puff.

    Ongoing migration is helping to boost activity overall but creating challenges for job seekers in the employment sphere.

    Chief Economist Nick Tuffley says we just have to persevere and be patient.

    He says light is at the end of the tunnel with inflation on its way down - opening the way for the Reserve Bank to cut interest rates and get the economy firing up again.

    © 2024 Newstalk ZB, NZCity

     Other Business News
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     27 Apr: A popular yoghurt pouch with kiwi kids is being recalled over fears the products may contain black plastic
     27 Apr: Pressure's on the Government to deliver for people come Budget day
     26 Apr: Public sector cuts could be to blame for poor economic outlook
     26 Apr: Activity in the housing market is holding its own against the rising cost of borrowing
     Top Stories

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    Blues coach Vern Cotter is keen to see their matchup with the Queensland Reds become an annual Anzac Day fixture in Super Rugby Pacific More...


    BUSINESS BUSINESS
    More roadworks disruptions for Auckland's Point Chevalier community More...



     Today's News

    Motoring:
    Scott McLaughlin's launched the perfect response to Indycar's St. Petersburg cheating scandal 10:47

    Law and Order:
    How tabloid headlines, fake news and an Australian editor have become the story at Donald Trump's trial 10:47

    Entertainment:
    Philip Seymour Hoffman's younger sister will forever remember him as a "cuddly person" 10:44

    Rugby:
    Blues coach Vern Cotter is keen to see their matchup with the Queensland Reds become an annual Anzac Day fixture in Super Rugby Pacific 10:27

    Accident and Emergency:
    One man has died in an incident involving an all-terrain vehicle in the South Island's Waimate District 10:27

    Entertainment:
    Ben Stiller was left "blindsided" for "a long time" by his 'Zoolander' sequel being a turkey 10:14

    Soccer:
    Promising signs from striker Oskar Zawada as the Wellington Phoenix look ahead to the A-League playoffs 10:07

    Entertainment:
    Mel B will "always be open" when it comes to her sexuality 9:44

    Law and Order:
    A former Auckland Airport baggage handler has been found to have been involved in multiple drug smuggling schemes at the airport 9:27

    Entertainment:
    Céline Dion has paid tribute to her late husband for teaching her talent counts for less than a quarter of success 9:14


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