NZ: Economy in stronger than anticipated position - Westpac

The New Zealand economy has entered the new year from a stronger than anticipated position, with upward revisions to growth over recent years, according to analysts at Westpac.

Key Quotes

“We’re still left with a picture of softening momentum in economic activity during 2017. Looking to the next few years, we expect significant changes in the economic landscape, in large part due to changes in government policy - with growth to be boosted over 2019 and 2020, following some near-term slowing in 2018.”