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28 Mar 2024 21:22
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  •   Home > News > Business

    New Zealand's projected to double-dip into recession

    New Zealand's projected to double-dip into recession

    15 October 2020
    Latest Infometrics forecasting shows the country's economy remains vulnerable, despite rebounding well from Covid-19's initial impacts.

    But chief forecaster Gareth Kiernan is expecting another economic contraction over the next few months into 2021.

    He says it will likely stem from more job losses, which starts to hit people's willingness and ability to spend.

    © 2024 Newstalk ZB, NZCity


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     Today's News

    Accident and Emergency:
    State Highway 6 is blocked by a serious crash, South of Lake Paringa in the South Island's Tasman region 21:17

    Accident and Emergency:
    State Highway One is has now reopened between Kaikoura and Riverlands - after a two-vehicle collision at Kekerengu, north of Kaikoura, this morning 21:17

    International:
    Shopper swallowed as shopping mall floor collapses in eastern China 21:07

    Entertainment:
    Kris Jenner won't spend quality one-on-one time with her grandchildren because it would cost her too much time and money 20:53

    Law and Order:
    A person has died following an incident at a restaurant in Auckland's Browns Bay 20:27

    Entertainment:
    Halle Berry's perimenopause symptoms were mistaken for herpes 20:23

    Entertainment:
    Keke Palmer wants 10 kids 19:53

    Entertainment:
    Taylor Swift's father won't face legal action after allegedly punching a paparazzo 19:23

    Entertainment:
    Joey King's relationship "hasn't changed much" since she got married 18:53

    Politics:
    The Secondary Principals Association believes the community should get behind schools and students to help reduce bad behaviour 18:37


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