Podcasts Other The Mike Hosking Breakfast Catherine Beard: BusinessNZ Head of Advocacy says it's not sustainable for NZ to continue with the deficit we currently have

Catherine Beard: BusinessNZ Head of Advocacy says it's not sustainable for NZ to continue with the deficit we currently have

Published: June 13, 2023, 8:13 p.m.

We're about to get a clearer picture of how the economy is tracking.

GDP figures are out out tomorrow morning, revealing whether New Zealand has escaped a technical recession.

Ahead of that, the latest figures on our current account deficit are due out this morning, effectively showing how much more we're importing than we're exporting.

BusinessNZ Head of Advocacy Catherine Beard told Mike Hosking reducing the deficit is crucial.

She says it's not sustainable for us to continue to have the deficit we currently have.

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