Navigating New Zealand's Economic Challenges

This chapter explores the economic forecast for New Zealand, anticipating a 50 basis point cut in 2026 while contrasting demand stimulation with supply-side factors for long-term growth. It addresses the stagnant productivity levels and the reliance on tourism and immigration, calling for a new focus on productivity and business investment. The discussion also delves into the implications of government fiscal policies on various sectors, particularly the housing market, and the effectiveness of these measures amidst changing economic conditions.