That's a rather sensationalist headline. Written by an Australian looking at graphs, rather than having a feel for what's going on.
I'm sure he's a capable economist, but based on what I see, New Zealand is not "plunging". There's definitely a slow down - but I think most businesses are expecting a relatively soft landing.
I'm sure he's a capable economist, but based on what I see, New Zealand is not "plunging". There's definitely a slow down - but I think most businesses are expecting a relatively soft landing.
I guess time will tell.