Podcasts Other The Mike Hosking Breakfast Nicola Willis: Finance Minister on the state of the economy and fall in GDP figures

Nicola Willis: Finance Minister on the state of the economy and fall in GDP figures

Published: Dec. 14, 2023, 7:05 p.m.

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The Finance Minister says they\'ve inherited a toxic trifecta of high inflation, high interest rates, and recession. \\xa0

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GDP fell 0.3% in the three months to September, a much worse result than economists had predicted.\\xa0

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The June quarter\'s figures showed 0.5% growth, revised from 0.9%.\\xa0

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Nicola Willis told Mike Hosking that it\'s bad, but claims her government can clean it up.\\xa0

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